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Cairn Energy
CRNCY reported a narrower pretax loss for the first half of 2012.
Cairn Energy posted a pretax loss of 50 million dollars, versus a year-ago loss of $141.3 million.
It posted an operating loss of $76.7 million, versus a year-ago loss of $128.8 million. Its diluted EPS came in at 5.23 cents, down from 29.85 cents.
Cairn Energy shares rose 0.75% to close at $9.37 yesterday.
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