Monday, April 16, 2007

C&D Technologies posts Q4 loss on rising raw material prices

(Reuters) - Results for the latest quarter included net restructuring and other special charges of $5.1 million, it said in a statement.

C&D said restructuring and severance charges at its standby power division were about $4.4 million during the quarter as it cut about 250 jobs in its Chinese joint venture and closed its Conyers, Georgia facility.


Read more at Reuters.com Market News

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