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  • July 27- Lumber Liquidators Holdings Inc's quarterly sales fell for the fifth straight quarter as the company struggles to convince customers its hardwood flooring is safe amid fears that some of its products could cause cancer. The company's net loss narrowed to $12.2 million, or 45 cents per share, in the second quarter ended June 30 from $20.3 million, or 75...

  • NEW YORK— Lumber Liquidators shares tumbled Wednesday after the hardwood flooring retailer reported a bigger loss than analysts expected and said fewer people came to its stores after it cut back on discounts. Lumber Liquidators stock dropped $1.41, or 8.2 percent, to $15.57 in morning trading. Analysts expected a loss of 22 cents per share on $238.4 million in...

  • PRINEVILLE, Oregon— It was not long ago that Crook County had five major lumber mills. So, kick us when we're down, "said Donna Barnes, Ochoco Lumber Co. accounting manager. Now, the digital revolution is providing Crook County and its main town, Prineville, with a second chance.

  • Forest management and the declining timber industry have emerged as major issues in this year's governor's race, with Weyerhaeuser announcing last month that it would close a Columbia Falls lumber and plywood mill. The closure will put about 100 people out of work in addition to 100 administrative jobs that are being eliminated or moved with Weyerhaeuser's...

  • SYDNEY, July 15- Australia's TFS Corp Ltd, the world's No. 1 grower of Indian sandalwood trees, has received its second ratings upgrade in a month, a bright spot for a sector that has been criticised for being the source of heavy losses for retail investors. The collapses of Timbercorp Ltd and several other large forestry investment schemes, starting in 2009, drew...

  • WASHINGTON, June 29- The United States and Canada have made important progress in negotiations over softwood lumber exports but significant differences remain in the long-running dispute, according to a joint U.S.-Canadian statement issued on Wednesday. President Barack Obama and Canadian Prime Minister Justin Trudeau. Obama and Trudeau issued the...

  • OTTAWA, June 17- Talks between the United States and Canada on a long-running dispute over softwood lumber exports have bogged down amid "significant differences," the two nations said on Friday, potentially paving the way for a fresh round of lawsuits. U.S. producers complain that Canadian lumber is subsidized, and have in the past launched trade challenges that...

  • OTTAWA, June 17- Talks between the United States and Canada on a long-running dispute over softwood lumber exports have bogged down amid "significant differences," the two nations said on Friday, potentially paving the way for a fresh round of lawsuits. U.S. producers complain that Canadian lumber is subsidized, and have in the past launched trade challenges that...

  • OTTAWA, June 10- Talks between Canada and the United States to resolve a dispute over exports of softwood lumber are making little progress and the matter likely will return to the courts, sources familiar with the negotiations said on Friday. Although the deadline runs out on June 18, Canadian Trade Minister Chrystia Freeland said the sides would work until...

  • The Department of Homeland Security agents are probing whether privately held Global Plywood& Lumber Inc violated U.S. and Peruvian law by importing wood that officials say was taken from the Amazon without proper permits, according to the warrant filed in U.S. District Court for the Southern District of California in San Diego on Monday and executed on...

  • WINNIPEG, Manitoba, June 7- Canada is working on a plan to shore up its sheltered dairy industry, including measures to counter fast-rising imports of milk proteins from the United States, according to the country's agriculture minister. Any new support risks widening a trade dispute among North America's dairy farmers over $150 million worth of U.S. milk...

  • May 10- Lumber Liquidators Holdings Inc's sales fell for the fourth straight quarter, underscoring the hardwood flooring retailer's struggle to revive demand amid lingering fears that some of its products could cause cancer. The company also reported a much bigger quarterly loss as it spends heavily to resolve allegations that some of its China- sourced...

  • The company also reported a much bigger quarterly loss as it spends heavily to put behind allegations that some of its China- sourced flooring contained excessive levels of a carcinogen. The net loss widened to $32.4 million, or $1.20 per share, in the quarter ended March 31 from $7.8 million, or 29 cents per share. Up to Monday's close of $13.45, Lumber Liquidators...

  • May 10- Lumber Liquidators Holdings Inc's quarterly sales slumped 10.2 percent, the fourth straight quarter of fall, as the company struggles to convince customers its hardwood flooring is safe amid fears that some of its products could cause cancer. The company, which has been spending heavily to put behind allegations that some of its China- sourced flooring...

  • May 2- Pulp and paper company International Paper Co will buy the pulp business of real estate investment trust Weyerhaeuser Co for $2.2 billion in cash. International Paper said it would buy five pulp mills in Mississippi, Georgia, North Carolina, and Canada's Alberta and two converting facilities in Mississippi and Poland. The deal is part of a strategic...

  • *Fashion industry seeks alternatives to cotton. STOCKHOLM, March 13- Nordic pulp makers are developing clean ways to turn birch and pine trees into clothes or sofa covers to help revive their industry and meet demand from fashion and furniture firms for alternative textiles to cotton. Production is dominated by Austria's Lenzing, India's Aditya Birla and...

  • WASHINGTON, March 10- The United States and Canada on Thursday vowed to settle a long-standing dispute over Canadian exports of softwood lumber which could erupt again this October when an earlier agreement on the problem expires. Major companies operating in Canada which could be affected if the U.S. lobby pushed for higher duties on lumber include Canfor...

  • WASHINGTON, March 10- President Barack Obama and new Canadian Prime Minister Justin Trudeau on Thursday ended a frosty period in bilateral ties by agreeing to tackle climate change and strive to settle a long-lasting trade dispute over softwood lumber. The neighboring countries are traditionally close but relations in recent years soured under former...

  • *Shares touch seven-year low of $10.01. Feb 29- Lumber Liquidators Holdings Inc reported a bigger-than-expected drop in sales for the third straight quarter as it struggled with falling demand due to fears that some of its hardwood flooring laminates could cause cancer. Lumber Liquidators' stock and sales have been hammered since a "60 Minutes" report on CBS...

  • The company's stock and sales have been hammered since a "60 Minutes" report on CBS last March reported that the retailer's laminates from China contained excessive levels of formaldehyde. Shares took a further beating this month after the U.S. Centers for Disease Control and Prevention revised its report to say people exposed to some types of flooring sold by...