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Nordic paper maker Stora Enso posts 2Q net loss on North American write-downs

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Stora Enso post 2Q loss on write-down HELSINKI ? Forest products group Stora Enso Oyj on Thursday posted a second-quarter net loss of euro368.3 million (2.9 million), mainly due to a sharp decline in sales and hefty write-downs from its stake in troubled North American paper maker NewPage. The result compares with a previous net profit of [...]

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