Donnelly Corp.'s Third Quarter Loss Widens.(Brief Article)(Statistical Data Included)

Donnelly Corp. posted a wider third-quarter loss, hurt by a restructuring charge and an auto industry slowdown that was worsened by the Sept. 11 attacks. Detroit-based Donnelly posted a net loss of $3.4 million, or 33 cents per share, wider than a net loss of $1.7 million, or 17 cents per share, in the year-earlier period.

Including a previously announced restructuring charge of $2.9 million, the company lost $6.3 million, or 61 cents per share. Sales edged down a percent to $191 million from $193 million last year. The restructuring charge stems from job cuts of 3.5 percent of Donnelly's work force, a move announced in July as part of a global cost-cutting plan.

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