TRW restates 1999 first quarter to show $28.4 million loss
TRW restated its first quarter 1999 earnings, and an $87 million reduction to reflect a valuation of LucasVarity's in-process research and development and a change in the estimated effective tax rate that left TRW with a loss of $28.4 million in the period. In April, TRW reported earnings of $101.1...
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