LTV Corp. reported that it narrowed its...

LTV Corp. reported that it narrowed its fourth-quarter loss to $75.7 million from $246.7 million in the same quarter of 1984. Results for the latest quarter include a gain of $7 million from the exchange of debt, while 1984 fourth-quarter results included a special charge of $132 million. For the year, the Dallas-based firm had a loss of $723.9 million, up sharply from the previous year’s $378-million loss. The 1985 results include a $380-million special charge relating to the idling of primary operations at the company’s Aliquippa, Pa., steel works.