Posted AT 2:50 PM EST on 05/06/08
AbitibiBowater says it has turned the corner
MONTREAL — Paper producer AbitibiBowater Inc. says it has turned the corner to restoring profitability despite continued declines in the newspaper industry and a protracted slump in the U.S. housing industry.
At the first annual meeting of the merged Abitibi-Consolidated and Bowater Inc.
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