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Tembec says strong lumber prices helped offset soft pulp, flat paper earnings

2014-11-20 18:44:40| Telecom - Topix.net

Tembec Inc. ended its 2014 financial year with a lower fourth-quarter net profit, but higher sales and adjusted earnings compared with the same time last year. The Quebec-based pulp, paper and lumber producer said Thursday it earned a net profit of $5 million or five cents per share in the quarter ended Sept.

Tags: paper prices strong soft

 

Tembec says strong lumber prices helped offset soft pulp, flat paper earnings

2014-11-20 18:28:41| Food - Topix.net

Tembec Inc. ended its 2014 financial year with a lower fourth-quarter net profit, but higher sales and adjusted earnings compared with the same time last year. The Quebec-based pulp, paper and lumber producer said Thursday it earned a net profit of $5 million or five cents per share in the quarter ended Sept.

Tags: paper prices strong soft

 
 

S&P flat as energy weighs

2014-11-14 20:00:38| Energy - Topix.net

The Dow industrials closed at a record high on Thursday, boosted by gains in Wal-Mart, but the S&P 500 was little changed as energy shares tracked crude futures prices lower. The energy sector cut its losses late in the session after Dow Jones reported Halliburton is in talks to buy Baker Hughes.

Tags: energy flat weighs

 

Stocks Flat Despite Solid Jobs Report

2014-11-07 22:41:48| Biotech - Topix.net

U.S. stocks were little changed on Friday, though the Dow and S&P 500 inched up to fresh records as October payrolls data indicated resilience in the face of slowing global demand. The S&P is on track for its third straight positive session, and with the day's gains is now up 10 percent for 2014.

Tags: report jobs solid flat

 

Stocks expected flat as investors take breather after election

2014-11-06 15:20:57| Grocery - Topix.net

Stock-index futures were little changed early Thursday after the Standard & Poor's 500 Index rose to a record, as investors awaited the European Central Bank's policy meeting for clarity on stimulus measures. Qualcomm Inc. slid 6.2% in premarket trading after saying a Chinese government probe will curb 2015 profit.

Tags: expected flat election stocks

 

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