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But surmises baseball tickets profit margins ian stewart autographed baseball reasons have been squeezed and spare oilprocessing capacity has grown in Canada and the United Stateswith the economic downturn. * Plan for C$8 bln Saint John refinery scrapped Stocks  |  Bonds * Recession has sapped North American fuel demand * Industry already has spare capacity (Adds Irving executive's comments) By Jeffrey Jones CALGARY, Alberta, July 24 (Reuters) - Irving Oil Ltd and BPPlc (BP.L) said on Friday they will not proceed with plans foran C$8 billion ($7.4 billion) oil refinery in New Brunswick,citing the recession and dwindling North American fuel demand. "The company continues to investigate options to acceleratethe turnaround of the business including ways to achieve a rapidexit from the loss-making boardwear division and resume the rollout of the new format outdoor stores which continue to performwell," Blacks said in a statement (Reporting by Rosalba O'Brien; Editing by Matt Scuffham). The debt talks process and the delay they have caused hasled to one-off costs that would result in a below expectationperformance, the company said. However, the second tranche of planned conversions -scheduled for September - was postponed while the debt talkscontinued. The company wants todevelop its outdoor business and exit the loss making boardweardivision by converting stores.

The facility, for 35 million pounds ($57.86 million), iscrucial for Blacks' turnaround plan rockies blankets . Shares in the company, which have lost over half their valueover the last year, pared earlier losses to close down 3 percentat 48 pence photos world series fan . The firm, which trades from 372 Blacks Outdoor and Milletsstores and a 43-store boardwear division, said Lloyds BankingGroup had extended its working capital facility for twelvemonths, following its original extension to end-August 2009 coors field baseball . * Sees FY performance below market expectations * Capital facility extended for further 12 months * Shares close down 3 percent (Adds detail from statement, background, shares) LONDON, July 24 (Reuters) - British outdoor goods retailerBlacks Leisure Group Plc (BSLA.L) said on Friday that it hadsecured funds for a further year, but warned that its full yearperformance would be below market expectations rocky mountains . The United States and big emerging countries like China and India were pitted against each other and there were also underlining differences between farm exporters and importers, whether rich or poor. GENEVA (Reuters) - Frustration at the gap between political leaders' calls for a new trade deal and the lack of concrete progress in negotiations boiled over at the World Trade Organization (WTO) Friday.

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