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NewPage Corporation has posted a net loss of $240 million in their fourth quarter on net sales of $946 million. During the fourth quarter, NewPage announced plans to permanently close the Whiting, Wisconsin mill by the end of February 2011 and recognized asset impairment charges of $196 million in other (income) expense. For the full [...]
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NewPage posts net quarterly loss of $240 million
Thu 17 Feb 2011 10:00:02 AM ESTNewPage Corporation has posted a net loss of $240 million in their fourth quarter on net sales of $946 million. During the fourth quarter, NewPage announced plans to permanently close the Whiting, Wisconsin mill by the end of February 2011 and recognized asset impairment charges of $196 million in other (income) expense. For the full [...]
Posted by ForestTalk.com
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