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MEGA Brands Inc.

11:52 AM EST - MEGA Brands Inc. : reported fourth-quarter net loss of $323.3 million U.S. or $8.83 U.S. per share, compared to net loss of $66.16 million U.S. or $1.81 U.S. per share last year. Net sales declined to $101.04 million U.S. from $128.82 million U.S. in the comparable period a year earlier. MEGA Brands Inc. shares T.MB are trading down $0.09 at $0.44.