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Stock Market & Financial Investment News

News Breaks
February 7, 2014
07:39 EDTUFSDomtar reports preliminary Q4 adjusted EPS $2.09, consensus $1.53
Reports preliminary Q4 revenue $1.36B, consensus $1.36B. Reports Q4 manufactured paper shipments up 0.4% and Q4 pulp shipments up 7.1%. The increase in operating income was the result of lower costs for maintenance, higher average selling prices for paper and pulp, favorable exchange rates, higher productivity in pulp, and higher paper shipments.
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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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