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Delphi posts $131 million operating loss for Oct. 8 to Nov. 30
By Caroline Salls
Pittsburgh, Dec. 30 - Delphi Corp. posted a $131 million operating loss for the period of Oct. 8 to Nov. 30 on $2.94 billion in net sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.
The net loss for the period was $127 million.
Cash and cash equivalents at Nov. 30 were $956 million.
Delphi, a Troy, Mich.-based automotive electronics manufacturer, filed for bankruptcy on Oct. 8. Its Chapter 11 case number is 05-44481.
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