09:52 AM EST - Norbord Inc. : announced first-quarter net loss of $22 million U.S. or $0.05 U.S. per share, compared to a loss of $31 million U.S. or $0.21 U.S. per share last year. Net sales for the quarter fell $156 million U.S. from $234 million U.S. in the prior-year quarter. Moving ahead, Norbord's 2009 capital investment program will be limited to essential projects and is not expected to exceed $20 million U.S. Norbord Inc.
shares T.NBD are trading up $0.06 at $1.04.
