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stof said:
Ah, I see. That loss is after their one billion dollar stock by back, right? or is the stock buyback considered neutral since they now have the added worth of all that stock?

Assets = Liabilities + Owners equity.

http://www.investopedia.com/articles/02/041702.asp

It reduces assets and equity, however its not an operating expense and therefore doesn't effect their operating losses/profits.



Tease.