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The S&P 500 Materials sector closed this trading week in red, down 3.83%. The Materials Select Sector SPDR (XLB) also registered a 3.66% dip. Most industrial metals stumbled on Friday amid concerns that Chinese COVID lockdowns and rapid monetary tightening will suppress met...
Crude oil futures fell for the third week out of the last four, as investors worried that weaker global growth, higher interest rates and COVID-19 lockdowns in China will hurt demand. WTI crude for June delivery (CL1:COM) closed -4.1% for the week to settle at $102.07/bbl, while June Brent (C...
MEDIA ADVISORY - Resolute to Host Management Call to Discuss First Quarter 2022 Results Canada NewsWire MONTREAL , April 14, 2022 /CNW Telbec/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) expects to announce its first quarter financial resu...
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...
Prem Watsa’s 13F portfolio value increased from $3.07B to $3.12B this quarter. Fairfax Financial’s largest three stakes are Atlas Corp, Resolute Forest Products, and Blackberry. They together account for ~74% of the 13F assets. The 13F securities form a small portion...
The S&P Materials sector was down -0.3% this week and and the Materials Select Sector SPDR ETF (XLB) dropped -0.2%. Gold miners made gains this week; Comex gold's 5.9% rise in Q1 marked the metal's best quarterly showing since Q2 2020, with Russia's invasion of Ukraine, inf...
MONTREAL, April 01, 2022 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces closing of the sale of the 34.5 MW Senneterre power plant (the “power plant”), the last remaining biomass power generation asset in its portf...
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...
Resolute to Hold its Annual Meeting of Stockholders on May 27, 2022 Canada NewsWire MONTREAL , March 24, 2022 /CNW Telbec/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) will hold its virtual and in-person annual meeting of stockholders on ...
Schweitzer-Mauduit International hasn't been a robust growth play in recent years, but it is a steady performer. Cash flows have been particularly consistent across most years and shares of the business look to be cheap. In all, the firm looks like it could offer a nice bit of ups...
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Resolute Completes Sale of Thunder Bay Pulp and Paper Mill Canada NewsWire MONTRÉAL , Aug. 1, 2023 /CNW/ - Resolute Forest Products Inc., a subsidiary of Domtar Corporation and a part of the Paper Excellence Group, today announced that, on August 1, 2023 ...
Resolute Announces Ratification of Collective Agreement Covering Quebec Woodlands Operations PR Newswire MONTRÉAL , June 2, 2023 /PRNewswire/ - Resolute Forest Products Inc. today announced the ratification of a four-year master labor agreement with the Unifor u...
Resolute Announces Asset Purchase Agreement to Sell the Thunder Bay Pulp and Paper Mill Canada NewsWire MONTRÉAL , May 30, 2023 /CNW/ - Resolute Forest Products Inc., a subsidiary of Domtar Corporation and a part of the Paper Excellence Group, today announc...