Domtar Corporation (UFS) - NYSE
  • Mon, Jan. 25, 2:34 PM
    • Concerns over pricing are running up and down the paper and packaging sector.
    • A drop in prices during January could lead to even further erosion down the road warns, Citi.
    • Downgrades: Citi lowers International Paper (IP -10.5%) and Packaging Corp. of America (PKG -13.1%) to Neutral from Buy, BAML takes Westrock (WRK -13.8%) to Neutral from Buy, Macquarie slams KapStone Paper & Packaging (KS -21.8%) with an Underperform rating.
    • Also showing weakness are Domtar (UFS -7.4%), Orchids Paper Products (TIS -1.9%), P H Glatfelter (GLT -9.2%), and Clearwater Paper (CLW -6.4%).
    | Mon, Jan. 25, 2:34 PM | 8 Comments
  • Oct. 9, 2015, 10:16 AM
    • Paper and packaging stocks are in rally mode off of positive signs in the sectors for pricing. The moves also arrive amid a broader rally in consumer products stocks this week.
    • Also in the mix, there's a new study from RISI suggesting new Department of Commerce anti-dumping rules could benefit domestic suppliers.
    • The bottom line is broad-based gains are being struck.
    • Gainers include KapStone Paper and Packaging (KS +9.2%), Wausau Paper (WPP +2.1%), PH Glatfelter (RFP +1.9%), Domtar (UFS +0.9%), International Paper (IP +5.7%), Packaging Corporation of America (PKG +4.5%), WestRock Company (WRK +4.4%), Graphic Packaging Holding (GPK +1.1%).
    | Oct. 9, 2015, 10:16 AM | 1 Comment
  • Mar. 6, 2015, 2:58 PM
    • Domtar (UFS +3.6%) shoots higher following headlines that the company received a favorable ruling from the International Trade Commission in the preliminary phase of anti-dumping and countervailing duty investigations concerning certain uncoated paper from Australia, Brazil, China, Indonesia and Portugal.
    • Other paper packaging stocks are lower: IP -0.9%, PKG -1.9%, RKT -1.7%, MWV -1.8%, KS -1.5%.
    | Mar. 6, 2015, 2:58 PM
  • Apr. 8, 2014, 9:25 AM
    • Citigroup cuts its price target on Domtar Corporation (UFS) to $90.
    • The investment firm has a Sell rating on the paper product manufacturer.
    • UFS -1.0% to $105.65
    | Apr. 8, 2014, 9:25 AM
  • Jul. 12, 2013, 10:40 AM

    Domtar (UFS -5%) trades lower after projecting revenue of $1.312B in Q2, below the consensus estimate of $1.358B. The company noted it had "sub optimal" pulp productivity and unusually higher costs during the quarter.

    | Jul. 12, 2013, 10:40 AM
  • Apr. 25, 2013, 11:21 AM

    Domtar (UFS -7.3%) trades lower after putting in a weak Q1 largely due to inefficiencies at one of its U.S. mills. The stumble has been enough to stoke up chatter the company may sell or spin off its paper distribution business a la International Paper.

    | Apr. 25, 2013, 11:21 AM
  • Apr. 26, 2012, 2:39 PM

    Shares of Domtar (UFS -6.7%) sink after the firm misses the estimate of analysts by a wide margin with its Q1 report. The company says lower global pulp prices and rising materials costs hits its bottom line.

    | Apr. 26, 2012, 2:39 PM | 1 Comment
  • Apr. 3, 2012, 1:02 PM

    Shares of Domtar (UFS +4.1%) ride an upgrade from Credit Suisse higher. Analysts with the firm cite a "landmark" 15-year supply agreement that Domtar signed with Appleton Papers and higher prices for pulp as revenue drivers for the firm.

    | Apr. 3, 2012, 1:02 PM
  • Dec. 15, 2011, 3:45 PM

    Canadian paper manufacturer Domtar (UFS +5.4%) trades higher after its board authorizes a $400M increase to its share buyback program. The original program announced in May, 2010 now has an aggregate authorization of $1B.

    | Dec. 15, 2011, 3:45 PM
  • Oct. 11, 2011, 12:27 PM

    Domtar (UFS -3.5%) takes a hit after Deutsche cuts the shares to hold and slashes its price target to $80 from $115. Deutsche says it sees evidence of slowing global pulp demand and increasing price pressure, particularly in Europe.

    | Oct. 11, 2011, 12:27 PM
Company Description
Domtar Corp. designs, manufactures, markets and distributes a wide variety of fiber-based products, including communication papers, specialty and packaging papers and adult incontinence products. It trades through brands such as Cougar, Lynx Opaque Ultra, Husky Opaque Offset, First Choice,... More
Industry: Paper & Paper Products
Country: Canada