Dana posts quarterly net loss on charges

Newswire

CHICAGO, Feb 23 (Reuters) - Auto parts maker Dana Corp. on Wednesday posted a quarterly net loss on charges to complete the sale of its replacement auto parts business, close facilities and refinance debt. The net loss amounted to $133 million, or 89 cents per share, for the fourth quarter, compared with net income of $68 million, or 45 cents per share, a year earlier.

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