Thursday, May 10, 2007

UPDATE 1-Pope & Talbot 1st-qtr loss widens, shares plunge 20 pct

(Reuters) - The company, which also makes lumbers and wood pellets, said its results were hurt by higher raw material costs, the Canadian National Railway strike and a decline in lumber prices.

A mechanical failure at the Mackenzie pulp mill last month and the subsequent 14 days of lost production will hurt the second quarter, Pope & Talbot said.


Read more at Reuters.com Market News

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