CFPZF News and Press, Canfor Corp From 06/08/22

Chicago lumber futures fell as low as $568.40 per 1,000 board feet on Wednesday to the cheapest since September, according to Bloomberg, as higher interest rates and soaring home prices begin to take a toll on home sales. July lumber (LB1:COM) settled at $573 per 1,000 board feet, extending t...

Lumber futures have fallen to levels not seen since November, in a stark reversal from all-time highs set last year during the COVID-fueled homebuilding boom. Chicago lumber futures (LB1:COM) for July delivery fell on Wednesday by the exchange maximum $49, or -7.5% to $604.50 per 1,000 board ...

Canfor Corporation (CFPZF) Q1 2022 Earnings Conference Call May 04, 2022 11:00 AM ET Company Participants Don Kayne - Chief Executive Officer Kevin Edgson - President and Chief Executive Officer, Canfor Pulp Patrick Elliott - Chief Financial Officer Kevin Pankratz - Senior Vice President sale...

The following slide deck was published by Canfor Corporation in conjunction with their 2022 Q1 earnings call. For further details see: Canfor Corporation 2022 Q1 - Results - Earnings Call Presentation

Canfor press release (OTCPK:CFPZF): Q1 Non-GAAP EPS of C$4.25. Revenue of C$2.21B (+13.9% Y/Y). For further details see: Canfor Non-GAAP EPS of C$4.25, revenue of C$2.21B

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Resolute Forest Products (NYSE: RFP ): Improving bottom-line growth and net cash positive position bolsters the lumber stock Canfor (OTCMKTS: CFPZF ): Strong balance sheet and low valuation metrics make the s...

Lumber futures (LB1:COM) fell as much as 8.4% to $870 per 1,000 board feet in Chicago on Monday, hovering near four-month lows and extending a slump to 30% since early March. ETFs: (NYSEARCA:XHB), (WOOD), (CUT), (NAIL) Potentially relevant tickers include (WY), (WFG), (LPX), (PCH), (RFP), (OT...

Canfor (CFPZF -2.9%) said it will cut production at its western Canada sawmills effective April 4, due to "the cumulative effects of the global supply chain crisis that has been ongoing for several months." The lumber producer said the reduced operating schedules will remain in effect for a m...

Lumber futures (LB1:COM) in Chicago sank below $1,000 per 1,000 board feet for a sixth straight decline, the longest slump since January and capping the biggest weekly loss since July. Lumber futures have dropped 28% from their early March high of $1,357 per 1,000 board feet, as new home sale...

Lumber prices have been rising again, thanks to a worsening supply crisis amid solid demand. As demand increases further from the passage of the landmark $1.2 trillion federal infrastructure bill last fall, we think cheap lumber stocks UFP Industries (UFPI), Boise Cascade (BCC), Canfor Corp. ...