Thursday, June 11, 2009

Transcon posts Q2 loss of $144.3 million

Transcontinental Inc., Canada's largest publisher of consumer magazines as well as being a major newspaper publisher and commercial printer, announced today that it posted a major Q2 loss of $144.3 million. Largely because of restructuring and other charges, that's a total swing of more than $180 million when compared with a profit of $36.9 million in the same period a year ago.The quarterly loss

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