Brunswick’s losses narrow in first quarter

Posted April 29, 2010 at 9:47 a.m.

From Reuters | Brunswick Corp. reports that first-quarter losses narrowed from a year earlier, to $13 million, or 15 cents a share, from $184.2 million, or $2.08 a diluted share. Sales rose 15 percent, to $844.4 million.

The maker of boats and other recreational products is optimistic that weakness in those sectors will not be as bad as forecast this year. Its stock was surging 20 percent in midday New York Stock Exchange trading.

Get the full story: reuters.com.

 

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