Tiger International posted a second-quarter loss of...
Tiger International posted a second-quarter loss of $22.8 million; 44% of that deficit was attributed to the rising value of the Japanese yen. A year earlier, the transportation holding concern lost $10.2 million. Tiger, the parent of Flying Tiger Line, took a one-time charge against earnings of about $10 million for the most recent quarter. In its first quarter, the company had a loss of $34.2 million, about $13.2 million of it attributed to the increasing value of the yen against the dollar.
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