04:05 PM EST - Sigma Industries Inc. : said it cut its net losses in the latest quarter as higher production efficiency offset a drop in revenues. Sigma said Tuesday it lost $599,000 or 1.4 cents a share for the three months ended July 26, the first quarter of its 2009 fiscal year. That compared with a loss of $935,000 or 2.2 cents a share for the same period a year earlier. Sales fell to $15.2 million from $18.8 million. Sigma Industries Inc.
shares V.SIC are trading down 2 cents at $0.16.
