RFP News and Press, Resolute Forest Products Inc. From 09/18/21

Basic materials were under pressure this week amid production declines in China and the U.S. government moving towards what could be one of the biggest changes to U.S. mining law in centuries. Materials -3.58% was the worst performing sectors among the 11 S&P 500 sectors this we...

Duncan K. Davies Named Chairman of the Board of Resolute PR Newswire MONTRÉAL, Sept. 13, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that the board of directors appointed, effective today, Duncan K. Davies as...

If history is any guide, Bloomberg believes shares of lumber producers should rebound as the homebuilding season picks up into year-end, after plunging lumber prices sent shares reeling in recent weeks. Lumber prices and shares of companies such West Fraser Timber (NYSE:WFG), Louisiana-Pacifi...

Lumber futures in Chicago plunged as much as 4.4% today to $482.90 per 1,000 board feet, the lowest for a most-active contract since October, Bloomberg reports. Prices (LB1:COM) have dropped more than 70% from the record high reached just three months ago. ETFs: WOOD, CUT, NAIL, XHB, ITB Pote...

Resolute Forest Products Inc. (RFP) Q2 2021 Earnings Conference Call July 29, 2021 09:00 ET Company Participants Marianne Limoges - Investor Relations Remi Lalonde - President and Chief Executive Officer Sylvain Girard - Senior Vice President and Chief Financial Officer Conference Call Partic...

The following slide deck was published by Resolute Forest Products Inc. in conjunction with their 2021 Q2 earnings call. For further details see: Resolute Forest Products Inc. 2021 Q2 - Results - Earnings Call Presentation

Resolute Reports Preliminary Second Quarter 2021 Results Canada NewsWire US$ Q2 GAAP net income of $268 million / $3.34 per diluted share Adjusted EBITDA of $445 million ; wood products contributes $415 million to quarterly EBITDA ...

Taiyou Nomachi/DigitalVision via Getty Images Lumber futures rose by the most since April 2020 today in Chicago on concerns that wildfires in western Canada will reduce supply and cause more curtailments at sawmills. Lumber for September delivery (LB1:COM) settled +7.7% to $584 per 1,000 boar...

The company's revenue showed an increase of 26% compared to Q1 2020 and missed analysts' expectations. Resolute Forest Products shares have a unique opportunity to reach $13 soon due to impressive results for 2Q and 3Q 2021, successful deleveraging, and possible expansion of buyback p...

PaulGrecaud/iStock via Getty Images Lumber futures (LB1:COM) have surrendered all of their astronomical 2021 gains, settling -5.6% today to $712.90 per 1,000 board feet in Chicago, as demand eases and supply expands in response to earlier gains. At one point, lumber futures were trading as hi...