11:47 AM EST - Norbord Inc. : announced its first-quarter net loss narrowed significantly to $5 million U.S. or $0.12 U.S. per share from $22 million U.S. or $0.52 U.S. per share last year. Net sales for the first quarter of 2010 improved to $184 million U.S. from $156 million U.S. in the prior-year period. Additionally, Norbord announced that it would seek regulatory approval to proceed with a small shareholder selling program in the second quarter of 2010. Norbord Inc.
shares T.NBD are trading down $1.39 at $20.06.
