Wescast reports smaller fourth-quarter loss

Newswire

TORONTO, Feb 27 (Reuters) - Wescast Industries Inc. reported a smaller fourth-quarter loss on Tuesday compared with the year-earlier quarter when the maker of exhaust manifolds took a charge related to a foundry closure. The company said it had a net loss of C$3.6 million ($3 million), or 27 Canadian cents a share, for the quarter ended Dec. 31, compared with a loss of C$20.5 million, or C$1.57, in the same period of 2005. The fourth-quarter loss in 2005 included an C$18.5 million, ...

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