Fairchild reports quarterly loss due to sale of Solair
The Fairchild Corp. reported strong gains from its Fairchild Fasteners units in its 1999 second quarter, but the sale of Solair Inc. led to a $19.3 million charge and left Fairchild with a loss in the quarter. Fairchild took an $18 million loss in the second quarter, compared to profits of $20.4...
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