Donnelley Suffers $69.4M Loss in Q2
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CHICAGO—RR Donnelley reported a net loss of $69.4 million for the second quarter, compounded by $330.5 million in pretax charges, virtually all of which covered the company’s writedown of the value of trade names for acquired companies Moore Wallace and Office Tiger.
Excluding one-time charges, Donnelley’s earnings stood at $149.2 million. For the same period in 2006, Donnelley recorded a net income of $125.2 million, including charges.
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