(Reuters) - "North American newsprint demand, a key driver of Abitibi's
profitability and cash flow, has declined faster than expected,
with a year-over-year drop of about 9 percent in the first half
of 2007," S&P said in a statement.
A strong Canadian dollar is also pressuring margins at
Abitibi, S&P said.
Read more at Reuters.com Bonds News
profitability and cash flow, has declined faster than expected,
with a year-over-year drop of about 9 percent in the first half
of 2007," S&P said in a statement.
A strong Canadian dollar is also pressuring margins at
Abitibi, S&P said.
Read more at Reuters.com Bonds News
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