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USG reports 1Q loss on sluggish demand

USG Corp. reported a first-quarter loss that was slightly lower than a year ago, as demand for its building products remains sluggish.

The Chicago-based manufacturer of wallboard and other products reported a net loss of $105 million, or $1.01 a share, in the period ending March 31. In the year-ago quarter, USG reported a net loss of $110 million, or $1.10 a share. Get the full story »