03:22 PM EST - Norbord Inc. : is warning that its drop in third-quarter profit reflects "a very difficult downturn ahead" for the industry. The Toronto-headquartered company, which reports in U.S. dollars, said its profit amounted to 5 cents per share, down from 31 cents. On average, analysts had been forecasting earnings of 6 cents a share, according to Thomson Financial. Norbord Inc.
T.NBD are trading off 28 cents at $8.22.
