UPDATE 1-Ballard's losses narrow in second quarter


(Adds details. In U.S. dollars unless noted) VANCOUVER, British Columbia, July 30 (Reuters) - Fuel cell developer Ballard Power Systems Inc. on Tuesday said its losses narrowed in the second quarter due largely to cost cutting efforts and foreign exchange gains. The company recorded a net loss of $21.5 million, 20 cents per share, in the period ended June 30, compared with a net loss of $25.7 million, 28 cents per share, in the same three-month period last year. Ballard said revenues ...

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