12:05 PM EST - Quebecor World Inc. : announced Tuesday it racked up an annual loss of US$2.2 billion in 2007. Revenues of $1.5 billion for the fourth quarter compared to $1.6 billion in 2006. For the full year, the net loss of $2.2 billion amounted to $16.85 per share, compared to a net income of $28.3 million or net loss of four cents per common share taking into account dividends on preferred shares. Revenue for 2007 was $5.7 billion compared to $6.1 billion in 2006. Quebecor World Inc.
shares T.IQW are trading up 2.5 percent at $0.21.
