Now that lumber prices are showing signs of easing, let us look at five lumber stocks that could prove to be beneficial to your portfolio. UFP Industries (NASDAQ:UFP), West Fraser Timber Co. (NYSE:WFG) (TSE:WFG), Louisiana-Pacific Corporation (NYSE:LPX), Resolute Forest Products (NYSE:RFP) (TSE:RFP), and Weyerhaeuser (NYSE:WY) are five companies that have reasonable upside potential and pay regular dividends. Lumber prices have fallen to their pre-COVID-19 levels recently, fueled by the rising interest rate scenario, which is dragging down construction. Notably, Lumber futures are trading nearly 70% below their March highs and significantly below the year-ago period levels. Specifically, two-by-four prices have declined to prices hovering near the pre-pandemic levels.
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Resolute Forest Products Inc. with ticker code (RFP) have now 2 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 31 and 31 with the average target price sitting at 31. With the stocks previous close at 20.3 this now indicates there is a potential upside of 52.7%. There is a 50 day moving average of 20.34 while the 200 day moving average is 15.54. The market cap for the company is $1,552m. Find out more information at: https://www.resolutefp.com [stock_market_widget type="chart" template="basic" color="green" assets="RFP" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,369m based on the market concensus. Resolute Forest Products Inc., together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates through four segments: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp segment offers virgin and recycled bleached Kraft pulp, which is used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products.
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It is understandable if you are paying less attention to your brokerage account these days, given the current market malaise. But the recent slide in stock and bond prices may rep-resent a “generational investment opportunity,” Ron Baron, a manager of several Baron funds and founder of Baron Capital, recently wrote in a letter to shareholders. SEE MORE 5 First-Class Fintech Stocks to Watch In short, it’s a good time to be active as an investor. But it also pays to be selective in times like these, which makes the services offered by your online broker highly important, whether for you that means plying your brokerage’s tools to sift for hidden gems in the stock bargain bin, finding smart fixed-income strategies or even getting professional investment guidance. With that in mind, we conducted our annual review of online brokers. This year, we have 10 contenders. Five are large, well-known brokers that cater to all kinds of investors, from novices to active day traders: Charles Schwab, E*Trade, Fidelity, Merrill Edge and TD Ameritrade .
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This quarterly Earnings News Release should be read in conjunction with the Bank''s unaudited third quarter 2022 Report to Shareholders for the three months ended July 31, 2022, prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), which is available on our website at http://www.td.com/investor/ . This analysis is dated August 24, 2022. Unless otherwise indicated, all amounts are expressed in Canadian dollars, and have been primarily derived from the Bank''s Annual or Interim Consolidated Financial Statements prepared in accordance with IFRS. Certain comparative amounts have been revised to conform to the presentation adopted in the current period. Additional information relating to the Bank is available on the Bank''s website at http://www.td.com , as well as on SEDAR at http://www.sedar.com and on the U.S. Securities and Exchange Commission''s (SEC) website at http://www.sec.gov (EDGAR filers section).
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The previously unreported probe by Hong Kong''s securities watchdog into AMTD Group Co., which is run by former UBS Group AG banker Calvin Choi, predates the US listing of its unit AMTD Digital Inc
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AMTD Idea (NYSE: AMTD ), the company behind last month’s AMTD Digital (NYSE: HDK ) stock explosion, saw its stock briefly jump 27% overnight after it announced it will move cash from some of its real estate assets into the spinoff. The company said net proceeds of $268 million from a $500 million real estate sale will first be turned into AMTD Idea stock at $8.68 per share. Then, it will go into AMTD Digital at the equivalent of $208 per American depositary share. Before the announcement, AMTD stock was selling at $2.26 per share and HKD stock at $192. What’s Going on With AMTD Stock? The move may be less bullish than it seems. Li Ka-shing, whose CK Hutchison (OTCMKTS: CKHUY ) conglomerate originally backed AMTD Digital, distanced himself from the company after its historic run-up. CK Hutchison said it has “no business dealings” with AMTD Digital, adding it planned to sell the 4% of parent AMTD Group it did own. The bull run briefly made AMTD Digital chairman Calvin Choi worth more than Li himself .
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Hot stocks took on a whole new meaning during meme stock mania. The question now is: are meme stocks back? It certainly looks like it judging by the way several securities have been trading in recent weeks. While some analysts and investors are labeling a slate of companies, primarily financial firms based in Hong Kong, the new hot stocks, others are ambivalent. They’re warning that retail investors are again executing short squeezes on vulnerable companies and implementing time-worn pump-and-dump schemes. They worry that investors who scramble to get in on the action will be left empty-handed. So, should you buy these new hot stocks that are skyrocketing in value or steer clear of them for fear that they will inevitably crash ? In this article, we endeavor to separate the wheat from the chaff and look at what is really going on with stocks whose run higher seems too good to be true. Here are answers to whether you should buy the following four hot stocks. HKD AMTD Digital $192.18 AMTD AMTD IDEA Group $2.28 MEGL Magic Empire Global $17.07 HLBZ Helbiz $1.42 AMTD Digital (HKD) Source: Sittipong Phokawattana/Shutterstock The only reason to buy AMTD Digital (NYSE: HKD ) is in hopes that it again gets caught in a short squeeze that sends its price up more than 1,000% i n a few weeks, but that is a risky proposition.
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On Monday, Bed Bath & Beyond Inc. ( BBBY ) saw a 39% jump from its Friday close of $8.15 to an open of $11.40. This leap wasn’t due to anything positive on BBBY’s front; instead, we saw a repeat of what happened in January 2021: a short squeeze. According to a Monday Reuters article… … retail investors flocked to the highly shorted stock of the home goods maker, likely piling pressure on those with bearish bets on it. “We do believe there is currently a short squeeze playing out in BBBY,” said Evan Niu, analyst at Ortex, adding that 45% of the firm’s free float was shorted. Short squeezes aren’t new, and they aren’t just a U.S. phenomenon. Just last week, Hong Kong’s AMTD Digital surged from $7.80 to $400 in a matter of days – that’s 5,028%! But, as I’ve detailed before, jumping headfirst into “meme stocks” and internet-fueled short squeezes (like we saw last year) is for thrill-seekers only. Fad investing are like fad diets – they’re popular for a short while, but the payoff is usually poor, and the results aren’t long-lasting.
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Energy companies are printing mountains of money. It makes the recent selloff in oil stocks seem like a no-brainer buying opportunity. Given the strong correlation between companies in the industry, nearly all of them should rebound once buyers return to embrace equities. That said, I find the three oil stocks below particularly compelling. As far as money printing goes, the energy sector saw eye-popping earnings growth of 290% versus the year-ago quarter, according to FactSet. Credit for the boon goes to ballooning oil prices. The average price of crude oil has gone from $66.17 in the second quarter of 2021 to $108.52 in Q2 this year. Wall Street has been quick to bid energy stocks back up, and the sector now finds itself in an uptrend. Meanwhile, the S&P 500 just scored its best monthly gain (up 9.1%) since November 2020. It could be signaling the bull market is back and is yet another reason to buy oil stocks. CVX Chevron $153.64 OXY Occidental Petroleum $59.01 DVN Devon Energy $56.
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Source: Shutterstock On an otherwise down day in the market, some stocks are seeing incredible interest. Magic Empire Global (NASDAQ: MEGL ) is one of these names; MEGL stock made its debut today to the cheer of investors. As of this writing, shares are increasing more than 2,000% on its first day of trading. Magic Empire Global announced the pricing of its initial public offering (IPO) yesterday, pricing 5 million shares at $4 per share. This capital raise of $20 million — for a company with revenues of less than $17 million — is significant. However, the incredible surge in shares to the $90 level has raised questions as to whether the IPO was misplaced. In general, while IPOs tend to be priced attractively to ensure some capital appreciation for early investors, that doesn’t seem to be the case with MEGL stock. So, let’s dive into the potential drivers of this high-flying stock. Why Is MEGL Stock Soaring Today? Hong Kong-based Magic Empire Global is a rather interesting company to assess.
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Li Ka-shing’s flagship CK Hutchison is distancing itself from AMTD, a financial services group founded by former UBS investment banker Calvin Choi who was censured by Hong Kong’s securities market regulator.
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AMTD Idea (NYSE: AMTD ) traded higher today before falling in the red. Shares of AMTD are currently down over 10%. The company was put in the spotlight after its subsidiary, AMTD Digital (NYSE: HKD ), gained more than 30,000% following its initial public offering, or IPO. HKD was initially priced at $7.80 at its debut; today it trades in the $1,300 range with an all-time high price of $2,555. So, what can explain the extreme share appreciation? Well, even AMTD Digital is a bit confused, stating : “To our knowledge, there are no material circumstances, events nor other matters relating to our Company’s business and operating activities since the IPO date.” In addition, AMTD Idea owns 97.1% of AMTD Digital’s shares outstanding as of July 15. Yahoo reports that there are 185.04 million shares of HKD outstanding, while the public float is only 19.05 million shares. As a result, the low float may be attributed to HKD’s price appreciation as retail investors bid up the price on low volume. Another way to think about this is that HKD holders refused to sell, which in turn forced potential buyers to bid up the price.
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RFP stock soared after the announcement that Domtar Corporation had agreed to acquire all the outstanding common shares. Here''s why investors should sell RFP now.
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NEW YORK, July 08, 2022 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Resolute Forest Products Inc. (NYSE: RFP )''s sale to Domtar Corporation. If you are a Resolute shareholder, click here to learn more about your rights and options . Meridian Bioscience, Inc. (NASDAQ: VIVO )''s sale to SD Biosensor, Inc. and SJL Partners LLC for $34.00 per share in cash. If you … Full story available on Benzinga.com
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Stocks that traded heavily or had substantial price changes Wednesday: Kornit, DoorDash fall; Resolute Forest, Broadcom rise
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The CVR, or contingent value right, associated with the Resolute Forest Products (RFP) sale to Domtar is likely worth over $3/share, according to RBC
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U.S. stocks traded higher toward the end of trading, following the release of minutes from the recent Federal Reserve meeting, which suggest inflation remains the central bank''s top priority. The country''s central bank reiterated its prior intentions to do whatever it takes to bring inflation down. The Dow traded up 0.44% to 31,105.23 while the NASDAQ rose 0.73% to 11,405.42. The S&P also rose, gaining, 0.61% to 3,854.93. Also check this: Markets Looking For Recession-Related Comments From Fed, Here''s The Major Macro Issues For Wednesday Leading and Lagging Sectors Utilities shares rose by 0.9% on Wednesday. Meanwhile, top gainers in the sector included Genie Energy Ltd. (NYSE: GNE ), up 5% and Huaneng Power International, Inc. (NYSE: HNP ) up 5%. In trading on Wednesday, energy shares dipped by 2.4%. Top Headline Amazon.com Inc (NASDAQ: AMZN ) agreed to acquire a 2% stake in Just Eat Takeaway.com N.V.''s (OTC: JTKWY ) struggling U.S. meal delivery business Grubhub and offer its Prime members access to the service for a year.
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Gainers: Resolute Forest Products (RFP) +64%. Mercer International (MERC) +12%. Losers: Borr Drilling (BORR) -11%. Scorpio Tankers (STNG) -11%. TORM (TRMD) -11%. Frontline (FRO) -11%.
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Gainers Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: IINN ) shares surged 69.5% to $2.1199 after the company announced it has developed a non-invasive blood sensor designated to alert real-time change in patients'' clinical condition. Resolute Forest Products Inc. (NYSE: RFP ) shares jumped 63.9% to $20.47 after The Paper Excellence Group announced an agreement to acquire the company. SCWorx Corp. (NASDAQ: WORX ) jumped 52% to $0.9425 after the company reported a common stock purchase agreement with institutional investor on Tuesday. Enjoy Technology, Inc. (NASDAQ: ENJY ) jumped 50% to $0.4651 after jumping more than 80% on Tuesday. Kalera Public Limited Company (NASDAQ: KAL ) shares climbed 28.6% to $3.6001 after dipping 22% on Tuesday. Engine Gaming and Media, Inc. (NASDAQ: GAME ) gained 27.2% to $1.17. Engine Gaming and Media is expected to release fiscal third quarter results on Thursday, July 14, 2022. Sintx Technologies, Inc. (NASDAQ: SINT ) jumped 27% to $0.5210. SINTX Technologies earlier announced acquisition of Technology Assessment and Transfer, Inc.
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Paper Excellence , based in Western Canada, has agreed to buy Resolute Forest Products (NYSE: RFP ), whose headquarters are in Montreal, for about $2.7 billion of cash or $20.50 per share of RFP stock. In early trading, RFP stock soared 64.5% to $20.54. Additionally, the owners of RFP stock are supposed to receive “a share of future softwood lumber duty deposit refunds” that Resolute will receive for its transaction through June 30, 2022. Both companies develop and market paper and pulp products. About Resolute Forest Products and Domtar Resolute creates market pulp, tissue, wood products and papers, and it markets those offerings in over 60 countries. The company explains that its “pulp can be found in many everyday products, including bath tissue, paper towels, packaging, specialty papers and absorbent products such as diapers.” Another American pulp maker, Domtar, was acquired by Paper Excellence in November, and Resolute Forest is technically being absorbed by Domtar. Based in South Carolina, Domtar says that it is “the largest integrated manufacturer and marketer of uncoated freesheet paper in North America, and one of the largest manufacturers of pulp in the world.” The company reports that, before the Resolute deal, it had 20 plants .
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U.S. stocks traded slightly higher this morning, with the Dow Jones gaining more than 50 points on Wednesday. Investors are awaiting minutes from the recent Federal Reserve meeting. The Dow traded up 0.18% to 31,024.03 while the NASDAQ rose 0.27% to 11,352.46. The S&P also rose, gaining, 0.20% to 3,838.99. Also check this: Markets Looking For Recession-Related Comments From Fed, Here''s The Major Macro Issues For Wednesday Leading and Lagging Sectors Real estate shares rose by 1% on Wednesday. Meanwhile, top gainers in the sector included Clipper Realty Inc. (NYSE: CLPR ), up 3% and Opendoor Technologies Inc. (NASDAQ: OPEN ) up 3%. In trading on Wednesday, energy shares dipped by 2.4%. Top Headline The ISM services PMI declined to 55.3 in June from 55.9 in the previous month, but still surpassed market estimates of 54.3. Equities Trading UP Resolute Forest Products Inc. (NYSE: RFP ) shares shot up 63% to $20.41 after The Paper Excellence Group announced an agreement to acquire the company.
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Gainers: Loop Industries (LOOP) +12%. Zymergen (ZY) +10%. Amyris (AMRS) +8%. Origin Agritech (SEED) +8%. Losers: Vivakor (VIVK) -20%. Resolute Forest Products (RFP) -17%
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Gainers: Resolute Forest Products (RFP) +11%. Alamos Gold (AGI) +7%. Losers: Energy Vault Holdings (NRGV) -14%. Borr Drilling (BORR) -10%. LSB Industries (LXU) -9%
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Upgrades According to HSBC, the prior rating for KE Holdings Inc (NYSE: BEKE ) was changed from Hold to Buy. KE Holdings earned $0.00 in the first quarter, compared to $0.19 in the year-ago quarter. The current stock performance of KE Holdings shows a 52-week-high of $52.55 and a 52-week-low of $7.31. Moreover, at the end of the last trading period, the closing price was at $16.47. According to Raymond James, the prior rating for Frontier Group Holdings Inc (NASDAQ: ULCC ) was changed from Market Perform to Outperform. For the first quarter, Frontier Group Holdings had an EPS of $0.50, compared to year-ago quarter EPS of $0.86. The stock has a 52-week-high of $19.11 and a 52-week-low of $8.19. At the end of the last trading period, Frontier Group Holdings closed at $9.82. According to Raymond James, the prior rating for Southwest Airlines Co (NYSE: LUV ) was changed from Outperform to Strong Buy. In the first quarter, Southwest Airlines showed an EPS of $0.32, compared to $1.72 from the year-ago quarter.
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The following slide deck was published by Corporate Office Properties Trust in conjunction with this event.
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The following slide deck was published by Corporate Office Properties Trust in conjunction with this event.
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COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announced that its President and CEO, Stephen E. Budorick, will provide an update on the Company and participate in a question and answer session at Nareit’s REITweek: 2022 Investor Conference. The presentation will be held on June 7, 2022 at 9:30 a.m. Eastern Time at the New York Hilton Midtown in New York, NY. A live audio webcast of the presentation and materials encompassing the informati
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Major companies in the rural activities market include Land O’Lakes Inc, Nippon Suisan Kaisha Ltd. , Maruha Nichiro Corporation, Olam International, Resolute Forest Products Inc. , Rayonier Inc, Weyerhaeuser Company, Stora Enso Oyj, PotlatchDeltic Corporation, and CELULOSA ARAUCO Y CONSTITUCIÓN S. Major companies in the rural activities market include Land O’Lakes Inc, Nippon Suisan Kaisha Ltd. , Maruha Nichiro Corporation, Olam International, Resolute Forest Products Inc. , Rayonier Inc, Weyerhaeuser Company, Stora Enso Oyj, PotlatchDeltic Corporation, and CELULOSA ARAUCO Y CONSTITUCIÓN S.
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Shares of the paper and wood products company slid along with lumber prices last month.
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Resolute Forest Products Inc. found using ticker (RFP) have now 4 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 20 and 15 calculating the average target price we see 17.25. Given that the stocks previous close was at 12.08 this is indicating there is a potential upside of 42.8%. There is a 50 day moving average of 13.99 and the 200 moving average now moves to 11.04. The company has a market cap of $958m. Company Website: /> [stock_market_widget type="chart" symbol="RFP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Resolute Forest Products Inc., together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates through four segments: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp segment offers virgin and recycled bleached kraft pulp, which is used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products.
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Resolute Forest Products Inc. recently declared a special cash
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RBC Capital Stick to Their Buy Rating for Resolute Forest
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New equipment, modifications to fibre flow will increase production by up to 40 million board feet
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Resolute Forest Products Inc. announced additional capital investments of $50 million in its wood products operations in Canada and US.
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MONTREAL Resolute Forest Products Inc. says strong lumber markets are allowing it to pay a special dividend, spend US$50 million on its sawmills to support growth and repay US$180 million in debt.
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US $ Declared special cash dividend of $1.00 per share Announced $50 million in additional lumber projects Reduced debt by $180 million in Q2 MONTRÉAL, June 10, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today declared a special cash dividend of $1.00 per
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Resolute Forest Products Inc. found using ticker (RFP) have now 4 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 20 and 15 with the average target price sitting at 16.75. Given that the stocks previous close was at 14.36 this would imply there is a potential upside of 16.6%. The 50 day moving average now sits at 15.25 while the 200 day moving average is 10.02. The market cap for the company is $1,129m. Company Website: /> [stock_market_widget type="chart" symbol="RFP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Resolute Forest Products Inc., together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates through four segments: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp segment offers virgin and recycled bleached kraft pulp, which is used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products.
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In trading on Wednesday, paper and forest products shares were relative laggards, down on the day by about 2.7%. Helping drag down the group were shares of Resolute Forest Products, down about 10.4% and shares of Louisiana-Pacific off about 5.1% on the day.
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Resolute Forest Products recently won an innovation award for
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Lumber Firms Applaud, Home Builders Angry As U.S. Moves To Double Canadian Lumber Tariffs by Robert Dalheim of Woodworking Network The U.S. Department of Commerce says it will seek to double tariff rates on most Canadian softwood lumber, angering home builders. New rates vary by company. West Fraser goes from 9 percent to 11.4 percent, Canfor from 4.6 to 21 percent, Resolute Forest from 20.3 to 30.2 percent, and J.D. Irving from 4.2 to 15.8 percent. The overall increase is from 9 percent to 18.32 percent. Home builders, who had been urging for a removal of tariffs, expressed their disappointment. At a time when soaring lumber prices have added nearly $36,000 to the price of a new home and priced millions of middle class households out of the housing market, the Biden administrations preliminary finding to double the tariffs on Canadian lumber shipments shows the White House does not care about the plight of American home buyers and renters who have been forced to pay much higher costs for housing, " said National Association of Home Builders chairman Chuck Fowke. The administration should be ashamed for casting its lot with special interest groups and abandoning the interests of the American people.
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MONTREAL, May 21, 2021 /CNW Telbec/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today held its virtual annual meeting of stockholders. A total of 66,680,355 common shares, or 83.5% of the outstanding shares, were voted at the meeting. Shareholders voted in favor of each
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Resolute Forest Products Inc (TSX: RFP.TO) shares gained 0.49% to end trading Thursday at $18.39 per share - a net change of $0.09. Shares traded between $18.79 and $18.07 throughout the day. 92845 shares of Resolute Forest Products Inc exchanged hands. Visit Resolute Forest Products Incs profile for more information. About The TMX Group TMX Group operates the Toronto Stock Exchange (TSX) and the TSX Venture Exchange, in addition to other derivatives and commodities exchanges. The TSX and TSX Venture Exchange together form the 10th largest stock exchange in the world with over 3,500 listed companies. To get more information on Resolute Forest Products Inc and to follow the companys latest updates, you can visit the companys profile page here: Resolute Forest Products Incs Profile . For more news on the financial markets be sure to visit Equities News . Also, dont forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week. Sources: Chart is provided by TradingView based on 15-minute-delayed prices.
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Resolute Forest Products Inc (TSX: RFP.TO) shares gained 4.04% to end trading Wednesday at $18.30 per share - a net change of $0.71. Shares traded between $18.80 and $16.73 throughout the day. 139301 shares of Resolute Forest Products Inc exchanged hands. Visit Resolute Forest Products Incs profile for more information. About The TMX Group TMX Group operates the Toronto Stock Exchange (TSX) and the TSX Venture Exchange, in addition to other derivatives and commodities exchanges. The TSX and TSX Venture Exchange together form the 10th largest stock exchange in the world with over 3,500 listed companies. To get more information on Resolute Forest Products Inc and to follow the companys latest updates, you can visit the companys profile page here: Resolute Forest Products Incs Profile . For more news on the financial markets be sure to visit Equities News . Also, dont forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week. Sources: Chart is provided by TradingView based on 15-minute-delayed prices.
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Related Stocks: RFP ,
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Summary List Placement Lumber prices topped $1,600 per thousand board feet for the first time ever this week as the ongoing homebuilding push continues to drain lumber producers already lagging supply. Stocks related to lumber are soaring in response. Shares of Weyerhauser and West Fraser Timber are up 35% and 62% while Boise Cascade , Resolute Forest Products , and Universal Forest Products are up roughly 58%, 200%, and 63%, respectively over the past six months. Lumber demand is so strong that Resolute Forest Products order book has exceeded its inventory, according to the company's CEO Remi Lalonde, per Bloomberg. Weyerhauser also reported a record quarterly profit last week, citing strong demand and rising lumber prices as key catalysts. According to data from the National Association of Home Builders , the lumber price boom has pushed the price of an average new single-family home up by some $35,872 over the past twelve months. Rising home prices look set to continue as well, according to Weyehauser's president and CEO, Devin W.
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US $ MONTRÉAL, March 9, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced its commitment to reduce absolute greenhouse gas (GHG) emissions (scope 1 and 2) by 30% against 2015 levels by 2025. This new target builds on the company's 83% reduction in…
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Resolute Forest Products Inc. Chief Financial Officer Remi Lalonde said new home construction spurred largely in part by the pandemic as well as increased renovation intentions should support lumber prices for the near future.
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Resolute Forest Products is investing in new Wastewood Chippers …
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Stock surges and setbacks for the week ending Feb. 5
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Resolute Forest Products Inc. has reported a net loss …
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Resolute Forest Products Inc. says it lost US$52 million in its latest quarter compared with a loss of US$71 million in the same quarter a year earlier.
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MONTREAL — Resolute Forest Products Inc. says it lost US$52 million in its latest quarter compared with a loss of US$71 million in the same quarter a year earlier. The forestry company, which keeps its books in U.S.
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