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July 24th, 2008, 02:35
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| Senior Member Join Date: Jan 2005
Posts: 613
|  Northwest posts $377 million loss on noncash charge Northwest Airlines reported a second-quarter net loss of $377 million owing mainly to a noncash goodwill impairment charge of $547 million, reversed from a $2.15 billion profit in the year-ago period that benefited heavily from one-time bankruptcy exit gains. Full Article... |
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