Friday, 06 July 2007

UPDATE 1-Material Sciences posts quarterly loss; shares fall

(Reuters) - Chief Executive Clifford Nastas said he expects the
slowdown in the U.S. auto market to continue through the year.




Ford, General Motors and DaimlerChrysler, which account for
about 45 percent of Material Sciences' sales, have been seeing
lower U.S. sales on high gas prices and a weak housing market.


Read more at Reuters.com Market News

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