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Stock Market & Financial Investment News

News Breaks
January 15, 2013
06:37 EDTSWM, BZ, UFS, PCL, WY, LPX, RKTPaper & 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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October 24, 2014
14:07 EDTRKTRockTenn increases annual dividend 7% to 75c
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October 23, 2014
11:25 EDTUFSDomtar rallies after MLP conversion discussion on call
Shares of Domtar rallied during the company's earnings conference call as the possibility of a master limited partnership conversation was addressed. Domtar stated that if it feels it would have "something compelling in the marketplace," it could consider the possibility of an MLP. It added, "If there's something there that could create shareholder value, you'll see us doing something or sharing something with the market." Shares of Domtar are up 9% to $39.44 in late morning trading. The call is now over.
07:34 EDTUFSDomtar sees Q4 paper shipments declining due to seasonality
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07:33 EDTUFSDomtar reports Q3 adjusted EPS 94c, consensus 82c
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October 20, 2014
13:07 EDTRKTRockTenn initiated with a Buy at Dundee (pre-open)
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October 15, 2014
09:35 EDTUFSDomtar upgraded to Outperform from Sector Perform at Scotia Capital
Scotia upgraded Domtar to Outperform due to valuation. Price target is $50.

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