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Stock Market & Financial Investment News

News Breaks
January 31, 2014
05:48 EDTUFSDomtar upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Domtar citing expectations for higher uncoated free sheet prices. The firm raised its price target for shares to $115 from $95.
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July 30, 2015
07:34 EDTUFSDomtar sees paper shipments to trend with market demand in 2H15
The company said, "Looking into the second half of 2015, Domtar paper shipments are expected to trend with market demand and should benefit from lower import volumes in North America. We expect some short-term pricing volatility in pulp, as normal seasonal factors in certain markets take hold. Inflation on input costs is expected to be relatively flat; fiber costs will remain high in certain markets, but are not expected to increase further, while energy costs should remain favorable. Personal Care is expected to benefit from further cost savings and market growth, but the segment will be impacted by some seasonality in the third quarter."
07:34 EDTUFSDomtar reports Q2 EPS excl-items 61c, consensus 51c
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