Asset Impairments

Thea's Mailbag: How to Look Up Key Info on a Customer
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Thea's Mailbag: How to Look Up Key Info on a Customer

Top tips for finding details on what that potential deadbeat owns More

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BFS Lightens Shade of Red With Improvement of 4Q Loss

Fourth-quarter net loss at Builders FirstSource (BFS) improved by almost $8 million from 2010's final quarter to $16.6 million. For the year, loss from continuing operations improved to $64.6 million from $94.3 million in 2010. More

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Restructuring Charge Forces Near-Doubling of Georgia Gulf Building Segment's 4Q Operating Loss

Georgia Gulf Corp.'s Building Products segment saw its operating loss for the fourth quarter nearly double from the year-earlier period to $11.6 million operating loss despite an 8.8% increase in net sales. The loss comes largely as the result of a $10.7 million charge from the company's halt of its fence product line. More

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AbitibiBowater Improves Net Loss in 3Q

AbitibiBowater posted a net loss of $44 million for the third quarter, a huge improvement over the $829 million loss the company suffered during the same period a year ago. Net sales remained flat, however, at $1.2 billion. More

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BFS Nearly Cuts Net Loss In Half During 3Q

Net loss at Builders FirstSource (BFS) improved to $11.6 million during the third quarter from a $20.5 million loss during the same period last year. More

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USG's Distribution Arm Improves Operating Loss During 3Q

L and W Supply, the distribution arm of USG, improved its operating loss by $7 million from the same period a year ago to end the third quarter with a $17 million deficit. Sales for the division also increased $2 million to $283 million for the quarter ended Sept. 30. More

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BFS' Red Ink Turns Lighter in 2Q

Builders FirstSource, America's ninth-biggest pro-oriented building materials dealer, reported its net loss improved to $15.5 million in the second quarter from $19 million in the year-earlier period despite a 2.4% drop in sales to $206.4 million. More

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4Q Loss Quadruples at Georgia Gulf's Building Products Segment

Georgia Gulf Corp.'s operating loss in its building products segment more than quadrupled in the fourth quarter to $6.1 million from a $1.5 million loss in the year-earlier period. The Atlanta-based company cited increased raw material costs as the reason for the deeper operating loss. More

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U.S. Gypsum's Operating Loss Deepens, USG's Distro Unit Improves

United States Gypsum Co.'s operating loss deepened to $46 million in the third quarter from $31 million in the year-earlier period on an 8.2% drop in net sales to $325 million, U.S. Gypsum's parent USG Corp. announced today. It also said the operating loss at USG's building products distribution segment, L&W Supply Corp., improved to $24 million from $73 million in 2009's third quarter despite a 15% drop in net sales to $281 million, largely because 2009's numbers included $49 million in charges. More

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Weyerhaeuser Posts Sharp Improvement in 1Q Pretax Loss; Expects Profit This Quarter

Weyerhaeuser Co.'s wood products unit shrank its pretax loss to just $19 million in the first quarter from a $266 million loss a year earlier, and it's likely the segment will turn a profit this quarter. More

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