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Brunswick Moves To 1st-quarter Loss As Sales Fall
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LAKE FOREST, Ill. (AP) — Boat maker Brunswick Corp. said Thursday that it moved to a first-quarter loss as the recession continues to keep customers at bay and erode sales.
Results were also weakened by restructuring charges and some special tax items totaling 85 cents per share.
The company, which also makes exercise and bowling equipment, lost $184.2 million, or $2.08 per share, in the quarter. That compares with profit of $13.3 million, or 15 cents per share, a year earlier. ...
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