10:45 AM EST - Mega Brands Inc. : is shutting down a New Jersey plant and shifting more work to China after reporting a $US11 million loss and falling sales for the latest quarter. The company said Friday it will streamline its operations further in addition to the $7 million to $10 million from the integration of Mega Brands America last year. Mega Brands Inc.
shares T.MB are trading down 4.53 at $10.52.
