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Earnings

October 17, 1985

LTV Corp. said its net results improved substantially during the third quarter and were the best since the June, 1984, acquisition of Republic Steel. The improved performance as compared to recent quarters stemmed from better operating results in steel and aerospace and gains from recent debt exchanges. For the quarter ended Sept. 30, LTV reported a net loss of $19.5 million, compared to a net loss of $79.8 million in the third quarter of 1984. Results for the quarter included a $38-million gain from the exchange of debt.

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