Sea Containers Fourth-Quarter Results Fall From Year Ago

Sea Containers posted a fourth-quarter loss, reversing the profit in the year-ago period, and the company cited higher fuel costs and a slowing economy as the main factors for the decline.

The company, which is involved with passenger transportation, hotel ownership and management and the leasing of cargo containers, said it lost $15.8 million, or 85 cents a share, for the quarter. In the year-ago period the company earned $8 million, or 43 cents a share. ...