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Published on 12/31/2004 in the Prospect News Distressed Debt Daily.

USG earns $23.15 million in November

By Jeff Pines

Washington, Dec. 31 - USG Corp. earned $23.15 million in November on sales of $344.73 million, according to the company's monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The Chicago-based building materials company earned $28.72 million in October on $356.98 million of sales.

Cash and cash equivalents on Nov. 30 were $513.7 million compared with $482.28 million on Oct. 31.

USG filed for bankruptcy on June 25, 2001. Its Chapter 11 case number is 01-02094.


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