International Paper Company reported a net loss from continuing operations of $12 million for the second quarter, compared with a net profit of $75 million in the prior year. The loss per share was $0.02, versus earnings of $0.14 per share a year earlier. Adjusted operating earnings fell to $18 million, or $0.04 per share, from $94 million, or $0.18 per share. Net sales declined to $6,004 million from $6,142 million. Shares were trading at $43.28, up 1.48 percent, in pre-market activity on the New York Stock Exchange.
International PaperNet loss from continuing operations and lower adjusted earnings vs prior year