"Though reveals citifield the pace citifield tickets observes of contraction is slowing, demand isforecast to remain weaker than a year ago for newsprint,magazine paper and fine paper in the third quarter of 2009,"Stora Enso said. "Wood products werenegative but managed to improve more than we expected.""Magazine paper and newsprint were more in line with what wewere looking for," said Taittonen who has a "hold"recommendation on Stora Enso's shares. "We had expected a seasonal improvement coming through inconsumer board, and that came through with a bigger magnitudethan in our numbers," Taittonen said. Nordea's forest industry analyst Harri Taittonen said theresults were helped by seasonal improvements in consumerpackaging board and wood products. Stora's net sales slumped 24 percent to 2.18 billion euros,below an average forecast of 2.25 billion in the poll but withinthe range of analysts' estimates. The current global downturn has further eroded demand forbasic materials, including paper, as print advertising hasdropped steeply in the crisis.

The global paper industry has struggled for more than sixyears to climb out of a slump as soft demand and overcapacityhave kept prices down, leading to poor earnings, productioncurtailments and layoffs david wright . There will never be a day in Stora Ensowhen we say we've done everything.. shea stadium dirt . if anything, we want tocontinue on the same path and speed up We will not wait forbetter times," Karvinen added shea stadium seating map . years of very hard work to improve the coststructure and cost levels of the company the results of thatwork are showing up now in an extraordinarily difficultoperating environment," Chief Executive Jouko Karvinen said in aconference call "We're not done shea stadium seat map . Reported operating results were deep in the red due toone-off writedowns.

Its shares opened higher on the numbers, up 4.7 percent at4.43 euros at 0716 GMT "After.. jose reyes . April-June underlying operating profit fell by nearly halfyear-on-year to 48.5 million euros ($68.83 million), but came inabove all forecasts ranging from a loss of 40 million to aprofit of 39 million in a Reuters poll of analysts The meanexpectation had been for a drop to 10 million euros citifield tickets . * Underlying EBIT drops less than forecast to 49 mln euros * Company says demand remains weak in third quarter * Says cost-cutting is paying off * Shares 4.7 pct higher in early trade(Adds details, quotes, share price) By Brett Young HELSINKI, July 23 (Reuters) - Top European paper and boardmaker Stora Enso (STERV.HE) reported a smaller-than-expecteddrop in second-quarter core earnings thanks to cost cuts butsaid demand remains weak and further capacity cuts are needed shea stadium dirt . He said the company planned to export 3.5 to 4.0 milliontonnes of refined products in 2009/10 (Reporting by Nidhi Verma; Editing by John Mair) . NEW DELHI, July 23 (Reuters) - India's Mangalore Refineryand Petrochemical Ltd (MRPL.BO) aims to process at least 12.4million tonnes of crude oil in the fiscal year ending March2010, Managing Director U.K Basu told reporters on Thursday. Tata said the car's production run for the next two years is already sold.The Nano is being sold in India for 100,000 rupees ($2,053) excluding taxes.The Nano passed the European "crash test" safety standard on Friday, allowing it to be sold in the Europe market and a launch is foreseen at the end of 2011, Tata said.Brazil is Fiat's second-biggest market after Italy.(Writing by Nigel Tutt; editing by John Stonestreet) Brazil Italy. Brazil  |  ItalyTata, who is also a Fiat director, told La Stampa newspaper the two were studying further cooperation to add to existing projects such as a partnership to produce engines in India."We have various projects, to take the Nano to Latin America together, to share platforms for new cars, we have projects for (Fiat lorry unit) Iveco and also for us to sell Ferrari and Maserati," Tata said."We are talking about a lot of things."The first Nano, the world's cheapest car, was delivered this month.

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