Friday, May 11, 2012

Catalyst Reports Q1 Net Loss

http://www.catalystpaper.com/media/news
Catalyst Paper recorded a net loss of $25.6 million in the first quarter of 2012 due primarily to the impact of restructuring and reorganization expenses of $27.6 million. Before specific items, the net loss was $9.6 million.

USPS $3.2 Billion Q2 Loss

Postal Service’s $3.2 Billion Q2 Loss Underscores Need for Legislative Changes
The Postal Service ended its second quarter (Jan. 1 – March 31, 2012) with a net loss of $3.2 billion, compared to a net loss of $2.2 billion for the same period last year.

Cenveo Posts Net Loss

Cenveo Posts Net Loss on Net Sales Decline:
Cenveo Inc. announced its results for the three months ended March 31, 2012. The company generated net sales of $455.6 million for the first quarter of 2012, compared to $477.0 million in the first quarter of 2011.