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May 06, 2008: 04:59 PM EST
DOW JONES NEWSWIRES
Oil refiner Tesoro Corp. (TSO), pinched by rising crude prices and narrower margins for its finished products, reported late Tuesday a first-quarter loss of $82 million, or 60 cents a share.
The company posted net income of $116 million, or 84 cents a share, a year ago.
Overall refining margins fell to $6.54 a barrel from $13.50 a year ago.
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Neil
'73 911S targa
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