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EARNINGS

September 11, 1986

LTV Corp., which filed for protection under federal bankruptcy laws earlier this year, reported a net loss of $610.4 million for the second quarter ended June 30. A year earlier, the company posted a net loss of $472.3 million. The Dallas-based firm's results for the quarter ended June 30 include special charges of $510 million recorded retroactively after LTV filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code in New York on July 17. Second-quarter revenue declined to $1.8 billion from $2.1 billion in the year-earlier period because of lower demand for steel and energy products and the divestiture of selected steel and energy-products operations.

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