Summary
WHEELING - Wheeling-Pittsburgh Steel Corp. warned Monday that it expects to take a $23 million hit to its fourth-quarter earnings because of an accident that shut down a furnace for 12 days in December.
Company officials did not say how much profit they will report when results are released March 14, but net income is likely to be a fraction of the $35.6 million Wheeling-Pitt made in the third quarter of 2004.See the full content of this document
Extract
Accident Cost Wheeling-Pitt $23 Million
The company's stock fell $1.04, or 2.8 percent, to close at $36....
See the full content of this document
Sponsored links
