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Thursday August 1, EnPro, a maker of products including polymer
bearings and compressor systems, reported a second-quarter loss from
continuing operations of $12.1 million or 60 cents a share compared with
income of $4.6 million a year ago, when its results were reported as part
of Goodrich Corp. (NYSE:GR
- News). Excluding charges of $1 per share, EnPro's adjusted income fell to $8 million, or 40 cents a share from $8.3 million, or 41 cents a share a year ago. The company said it expects its full year 2002 adjusted income to exceed its full year 2001 earnings of 85 cents a share. EnPro said it is likely that goodwill relating to certain units of the business has been impaired and that the impairment would add up to no more than $24 million.
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