Tuesday, May 15, 2007

UPDATE 1-Linn Energy posts quarterly loss; shares fall

(Reuters) - Shares of the Houston, Texas oil and gas company fell more than 5 percent to $36.95 in afternoon trade on the Nasdaq.

The company reported first-quarter loss of $67.8 million, or $1.35 per unit, compared with a net profit of $22.0 million, or 84 cents per unit, a year ago.


Read more at Reuters.com Market News

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