Tuesday, July 24, 2007

UPDATE 2-Bowater second-quarter loss grows as costs rise

(Reuters) - The company, which plans to merge with Canadian peer
Abitibi-Consolidated Inc , said its net loss was $62.6
million, $1.09 a share, compared with a net loss $10.6 million,
or 18 cents, in the year-ago period.




Excluding one-time items, loss for the quarter was $41.5
million, or 72 cents per share, compared with analysts'
consensus forecasts for a loss of 80 cents, according to data
compiled by Reuters Estimates.


Read more at Reuters.com Market News

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