Thiokol's 1997 earnings take hit from debt restructuring charge
Thiokol Corp., Ogden, Utah, earned $16.4 million in its 1998 second quarter on sales of $160.2 million, the company announced. Earnings took a $7.1 million hit from the restructuring of Howmet debt. In the same period a year ago, Thiokol earned $18.7 million on sales of $143 million. Without the...
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