Resolute Forest Products reports net income of $23 million in first quarter, 2012:
AbitibiBowater, doing business as Resolute Forest Products, is reporting a net income of $23 million in its first quarter of 2012, on sales of $1.1 billion.
These results can be compared to net income of $30 million on sales of $1.2 billion in the first quarter of 2011.