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Fairpoint's Annual Report Shows Losses in 2008

By David Darman on Wednesday, March 11, 2009.

Fairpoint Communications has let investors know it is having a tough time.

The company’s 2008 Annual Report shows a 68.5 million dollar loss.

The stock market is also pummeling Fairpoint’s share price.

Its value has fallen more than 85 percent since the beginning of the year.

NHPR’s David Darman has more.