Wang Laboratories Inc.: The Lowell, Mass., computer...

Wang Laboratories Inc.: The Lowell, Mass., computer company reported a $62.1-million loss in the first quarter ended Sept. 30, contrasted with a profit of $13.1 million a year ago. Revenue dropped to $596 million from $684 million. Wang is seeking to restructure, but President Richard Miller said the company will “certainly” post a loss in the second quarter as well.