05:29 PM EST - AbitibiBowater Inc. : is permanently closing three mills and indefinitely shutting several others as part of a sweeping restructuring of its pulp and paper operations in Canada and the United States. In addition to closing or idling mills in Quebec, New Brunswick, Ontario, B.C. and the United States, the company announced it wants to reopen its labour contracts as part of the cost-cutting efforts. AbitibiBowater Inc.
shares T.ABH are trading up 1.75 at $18.75.
