Globalstar drags Loral to a $1.4 billion net loss in 2000
Loral Space and Communications' decision to write down its losses in the Globalstar low-Earth orbit satellite constellation added an estimated $1.3 billion to the New York-based company's losses last year, bringing the total loss in 2000 to $1.4 billion, or $4.86 per share, the company reported...
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