12:12 PM EST - Cascades Inc. : posted financial results for the fourth quarter, reporting a net loss of $46 million or $0.56 per share compared to a loss of $104 million or $1.28 per share in the corresponding quarter last year. Excluding items, earnings increased to $13 million or $0.16 per share compared to $1 million or $0.01 per share a year ago. Quarterly sales totaled $876 million compared to $810 million in the prior year. Analysts polled by First Call/Thomson Financial estimated earnings of $0.22 per share. Cascades Inc.
shares T.CAS are trading down 14 cents at $14.56.
