Thursday, May 10, 2007

Wheeling-Pittsburgh posts wider quarterly loss

(Reuters) - The company said that its quarter loss was "a bit higher than expected" but said it included $4 million in accruals for a salary work-force reduction made in March.

Wheeling-Pittsburgh said it expects to save about $9 million a year from the eventual reduction of more than 90 salaried employees.


Read more at Reuters.com Market News

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