Kaiser Steel Corp. of Colorado Springs posted...
- Share via
Kaiser Steel Corp. of Colorado Springs posted a higher net loss on lower sales for the third quarter of 1986, compared to the same period last year. The loss includes an extraordinary gain of $3.5 million from the restructuring of its security portfolio to retire pollution control bonds previously defeased and a $4.2-million provision for expected losses on the sale of certain surplus assets. The firm also reported a rise in its nine-month net loss and lower sales, compared to the like period in 1985.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.