Schawk Slips into Net Loss for Second Quarter
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DES PLAINES, IL—August 1, 2012—Schawk Inc. reported a second-quarter 2012 net loss of $1.5 million vs. net income of $4.0 million in the second quarter of 2011. Business and system integration expenses for the company's ongoing information technology and business process improvement initiative increased by approximately $2.1 million for the quarter compared to the prior-year period, which contributed in part to the decline in net income.
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