MARKET COMPOSITE
RFP - Resolute Forest Products Inc
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Resolute Forest Products , formerly known as AbitibiBowater Inc., is a pulp, paper, tissue, and wood products manufacturer headquartered in Montreal, Quebec, Canada, formed by the merger of Bowater and Abitibi-Consolidated, which was announced 29 January 2007. At the time, AbitibiBowater was the third largest pulp and paper company in North America, and the eighth largest in the world. On 1 July 2012, the company name changed to Resolute Forest Products. Resolute Forest Products is a member of the Forest Products Association of Canada and the American Forest & Paper Association. On 29 January 2007, Bowater Inc and Abitibi-Consolidated announced they would be merging to create AbitibiBowater. The merger created the third largest pulp and paper company in North America, and the eighth largest in the world. On 16 April 2009 the company filed for bankruptcy protection in the United States and similar protection under the Companies' Creditors Arrangement Act in Canada, eventually reporting debt of about US$6 billion. The company won court approval for an injection of $206 million to get it through its financial restructuring in April 2009 and emerged from creditor protection on 9 December 2010. AbitibiBowater changed its operating name to Resolute Forest Products on 1 July 2012.
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Stock news

    The Paper Excellence Group (the "Group"), through its wholly-owned subsidiary Domtar Corporation ("Domtar"), today announced the successful closing of its previously announced acquisition of Resolute Forest Products Inc. ("Resolute") (NYSE: RFP) (TSX: RFP). Today's acquisition creates a stronger and more resilient diversified forest products company, manufacturing a range of pulp products and specialty, printing, writing, and packaging papers, as well as lumber and tissue. The acquisition of Dom

    Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

    The Paper Excellence Group (the "Group"), through its wholly-owned subsidiary Domtar Corporation ("Domtar"), a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, and Resolute Forest Products Inc. ("Resolute") (NYSE: RFP) (TSX: RFP), a global forest products company, jointly announced that the Canadian Commissioner of Competition has entered into a consent agreement regarding the parties' business combination. Once the combination has been finalized, D

    We will take a look at the 15 biggest lumber companies in the world. To skip our analysis of the recent market trends, you can go directly to see the 5 Biggest Lumber Companies in the World. Lumber is sawn wood that has been converted into beams, planks, or boards, through wood production. It is […]

    Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported net income of $87 million, or $1.11 per diluted share, for the quarter ended September 30, compared to net income of $80 million, or $0.99 per diluted share, in the same period in 2021. Sales were $974 million in the quarter, an increase of $157 million from the year-ago period. Excluding special items, the company reported net income of $85 million, or $1.08 per diluted share, compared to net income of $67 million, or $0.84 per

    Stockholders of Resolute Forest Products Inc. ("Resolute" or the "company") (NYSE: RFP) (TSX: RFP) today approved a proposal to adopt the Agreement and Plan of Merger, dated as of July 5, 2022 (as it may be further amended, modified or supplemented from time to time, the "merger agreement"), by and among the company, Domtar Corporation, a Delaware corporation ("Domtar"), Terra Acquisition Sub Inc., a Delaware corporation and a wholly owned subsidiary of Domtar ("Merger Sub"), Karta Halten B.V.,

    The Paper Excellence Group and Resolute Forest Products Inc. ("Resolute") (NYSE: RFP) (TSX: RFP) today announced their intention to sell Resolute's Thunder Bay pulp and paper mill to further facilitate the regulatory review process.

    10 Best Lumber Stocks To Invest In10-09-2022 21:06:02 PM

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    Resolute Forest Products Inc. ("Resolute" or the "company") (NYSE: RFP) (TSX: RFP) will hold a virtual special meeting of stockholders on Monday, October 31, 2022, at 10:00 a.m. (Eastern) for the following purposes:

    Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported net income for the quarter ended June 30 of $256 million, or $3.29 per diluted share, compared to net income of $268 million, or $3.34 per diluted share, in the same period in 2021. Sales were $1,058 million in the quarter, a decrease of $82 million from the year-ago period. Excluding special items, the company reported net income of $155 million, or $2.00 per diluted share, compared to net income of $300 million, or $3.74 per d