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NewsWhore
05-05-2009, 06:20 AM
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Sappi Has Quarterly Loss as Demand Drop Outpaces Cuts (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da_SPNSxEFdjs%26refer%3Dafrica&cid=1345024849&ei=5hQASsqUOIKQmAedl52ECA&usg=AFQjCNEeexrLXBR3WLhVnp911qjY4Rm9vQ)
Bloomberg - Nicky Smith (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Nicky Smith%22&hl=en&ned=us&ie=ISO-8859-1)
By Nicky Smith May 5 (Bloomberg) -- Sappi Ltd., the world&#39;s largest maker of glossy magazine paper had a second-quarter loss as lower prices and falling demand and outpaced cost reductions. The net loss through March was $35 million, or 7 cents a share ...


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