
12:47pm 10/08/04
Stora Enso shares rise on one-time non-cash gain (SEO)
By Padraic Cassidy
NEW YORK (CBS.MW) - Shares of Finnish forest products company Stora Enso (SEO) rose 2 percent to $13.94 in midday trading Friday, boosted by a projected third-quarter operating profit lifted by a $91 million non-cash gain from two non-recurring items - a change in U.S. health care plans that will reduce maintenance personnel but come with added severance expense.
Fecho na Finlândia @11,22
Stora Enso shares rise on one-time non-cash gain (SEO)
By Padraic Cassidy
NEW YORK (CBS.MW) - Shares of Finnish forest products company Stora Enso (SEO) rose 2 percent to $13.94 in midday trading Friday, boosted by a projected third-quarter operating profit lifted by a $91 million non-cash gain from two non-recurring items - a change in U.S. health care plans that will reduce maintenance personnel but come with added severance expense.
Fecho na Finlândia @11,22