Shaw reports US$ 70 million Q3 loss
29 June 2011
US-based contractor Shaw Group reported a third quarter loss of US$ 69.9 million, compared to income of US$ 68.2 million in the same three months of last year, after being hit with costs and impairments totalling US$ 160.9 million.
Shaw said that unspecified "subcontractor execution issues" resulted in US$ 112.8…