Fibria Swings To Q1 Loss

Brazil's Fibria Celulose SA FBR posted a net loss in the first quarter. Fibria posted a quarterly net loss of 10 million reais ($5.1 million), versus a year-ago profit of 389 million reais. Pro forma earnings before interest, taxes, depreciation and amortization (EBITDA) dropped 38% to 377 million reais.