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Westinghouse pleads for increased prices
Westinghouse Electric Corp asks customers to pay higher prices for fixed-price contracts to maintain the company’s viability amid inflation. Board chair Donald G. Burham said earnings dipped temporarily but the firm remains financially strong with first-half net profit at 62.9 million on 3.3 billion in sales, up from 94.2 million and 3.0 billion a year ago.
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