12:03 PM EST - Abitibi-Consolidated Inc. : reported a wider first-quarter loss on Tuesday, due to lower prices in its newsprint and wood products businesses, higher costs and lower sales volumes. Abitibi, which plans to merge with U.S. peer Bowater Inc., said it lost $70 million, or 16 cents a share. That's double the loss of $33 million, or 8 cents a share, the company reported a year earlier. Abitibi-Consolidated Inc.
shares T.A are trading down 5 cents at $2.86.
