Teledyne Inc.: The diversified producer of aviation...
From Times Staff and Wire Reports
Teledyne Inc.: The diversified producer of aviation and electronics products said second-quarter net income totaled $26.6 million, down substantially from the $46.8-million profit recorded in the same period a year ago. Sales declined 3% to $882.1 million. The Los Angeles-based firm spun off its insurance and finance segments in April. The firm said the figures were restated to show the insurance and finance segments as discontinued operations.
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