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Stock Market & Financial Investment News

News Breaks
January 15, 2013
06:37 EDTPCL, WY, LPX, RKT, SWM, BZ, UFSPaper & Forest Products sector downgraded at Goldman
Goldman downgraded the U.S. Paper & Forest Products sector to Neutral from Attractive due to valuations. As part of the sector downgraded the firm cut Domtar (UFS) to Neutral from Buy and removed Rock-Tenn (RKT) from its Conviction Buy List.
News For UFS;RKT;WY;BZ;LPX;PCL;SWM From The Last 14 Days
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November 26, 2014
12:27 EDTRKTRockTenn management to meet with Buckingham
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10:11 EDTLPXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21Vianet (VNET) downgraded to Hold from Buy at Canaccord... Agrium (AGU) downgraded to Underperform from Neutral at BofA/Merrill... Cinemark (CNK) downgraded to Hold from Buy at Topeka... Copa Holdings (CPA) downgraded to Neutral from Overweight at JPMorgan... Ctrip.com (CTRP) downgraded to Equal Weight from Overweight at Barclays... Cubic (CUB) downgraded to Hold from Buy at Needham... Helix Energy (HLX) downgraded at Morgan Stanley... Louisiana-Pacific (LPX) downgraded to Underperform from Sector Perform at RBC Capital... U.S. Silica (SLCA) downgraded to Market Perform at Wells Fargo.
06:00 EDTLPXLouisiana-Pacific downgraded to Underperform from Sector Perform at RBC Capital
RBC Capital downgraded Louisiana-Pacific to Underperform saying OSB lumber prices are likely to remain at "depressed" levels over the next year due to high inventory levels. RBC believes shares are overvalued given the price environment and keeps a $13 price target for shares. Louisiana-Pacific closed yesterday up 39c to $15.89.
November 19, 2014
07:39 EDTSWMSWM to acquire assets from Smith & Nephew, terms not disclosed
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