UPDATE: LDK Solar Posts Narrower Q3 Loss

LDK Solar Co LDK posted a narrower loss in the third quarter. LDK Solar posted a quarterly net loss of $127 million, or $0.65 per American Depositary Share, versus a year-ago loss of $136.9 million, or $1.08 per ADS. Its net sales declined 46% to $156.6 million. LDK Solar projects current-quarter revenue of $200 million to $250 million. LDK Solar shares closed at $1.60 yesterday.