12:50 PM EST - MEGA Brands Inc. : reported a wider loss for the third quarter compared to the same period a year ago, hurt by a goodwill impairment charge. The Montreal, Canada-based company reported a wider third quarter net loss of $122.1 million or $3.34 per share, compared to a net loss of $11.0 million or $0.31 per share in the same quarter last year. The results for the quarter included a $150 million non-cash goodwill impairment provision. The company said the impairment of goodwill and other assets represents a loss of $3.57 per share. MEGA Brands Inc.
shares T.MB are trading down 5 cents at $1.40.
