MONTRÉAL, Jan. 20, 2021 US $ MONTRÉAL – Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that it priced the private offering of $300 million aggregate principal amount of its senior unsecured notes due 2026 (the “2026 Notes”) at 4.875% and 100% of par value. The 2026 Notes will be unsecured and will be guaranteed by all of Resolute’s material ...
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Resolute Announces Appointment of Hugues Simon as President of Wood Products
MONTRÉAL – Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that Hugues Simon will join the company and be appointed as president of the wood products division as of March 1, 2021. His term will begin as of the date on which Remi G. Lalonde, currently Resolute’s chief financial officer, assumes the position of president and chief executive officer. Mr. Simon will report ...
Read More »Boralex increases its combined EBITDA(A) by 18% and actively pursues its growth initiatives in the third quarter
Highlights of the third quarter of 2020 Combined EBITDA(A) of $83 million , up $13 million , 18% higher than in the third quarter of 2019. Discretionary cash flows of $16 million , up $24 million over the third quarter of 2019Combined wind power production higher than in the corresponding quarter of 2019 and anticipatedproduction (1)Total wind power production: Up 5% vs 2019 and 1% vs anticipated productionWind power ...
Read More »Resolute Announces Appointment of Remi G. Lalonde as President and CEO, Succeeding Yves Laflamme
Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that after a 39-year distinguished career with Resolute, Yves Laflamme will be stepping down, and retiring, as of March 1, 2021. The board of directors has unanimously selected and appointed Remi G. Lalonde as the company’s next president and chief executive officer, effective on the same date. Mr. Lalonde, 44, currently serves as senior vice president ...
Read More »The Senior Vice-President Sales & Marketing of Resolute Forest (RFP) is Selling Shares
Yesterday, the Senior Vice-President Sales & Marketing of Resolute Forest (RFP), John Lafave, sold shares of RFP for $97.93K. In addition to John Lafave, 5 other RFP executives reported Sell trades in the last month. Following John Lafave’s last RFP Sell transaction on March 04, 2020, the stock climbed by 2.0%. Currently, Resolute Forest has an average volume of 37.77K. The ...
Read More »What You Need To Know About Resolute Forest Products Inc.’s (NYSE:RFP) Investor Composition
What You Need To Know About Resolute Forest Products Inc.’s (NYSE:RFP) Investor CompositionIf you want to know who really controls Resolute Forest Products Inc. (NYSE:RFP), then you’ll have to look at the… If you want to know who really controls Resolute Forest Products Inc. (NYSE:RFP), then you’ll have to look at the makeup of its share registry. Large companies usually ...
Read More »Insider Trading At Resolute Forest Products Inc. (NYSE:RFP): What Did We Note?
Resolute Forest Products Inc. (NYSE:RFP) traded at $4.69 at last check on 8/25/2020, making a downturn move of -2.49% on its previous day’s price. Looking at the stock we see that its previous close was $4.81 and the beta (5Y monthly) reads 3.24 with the day’s price range being $4.5101 – 4.8800. The company has a 12-month trailing PE ratio ...
Read More »Will Ottawa use its purchasing power to boost Canadian clean-tech firms?
Innovation Minister Navdeep Bains at the Imagia headquarters in Montreal on Jan. 9, 2020. Navdeep Bains was speaking about how to support Canadian clean-technology companies during the global race to address climate change when he brought up the prospect of a policy lever that Ottawa has long stepped carefully around. “How can we use government procurement in a strategic way?” ...
Read More »Media Advisory – Resolute to Host Management Call to Discuss Second Quarter 2020 Results
MONTREAL – Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) expects to announce its second quarter financial results on July 30, 2020, at 7:00 a.m. (ET), and to hold a conference call to discuss the results at 9:00 a.m. (ET). The public is invited to join the call at (833) 979-2727 at least fifteen minutes before its scheduled start time. A simultaneous webcast ...
Read More »Resolute Forest (RFP) Gets a Hold Rating from RBC Capital
In a report issued on July 9, Paul Quinn from RBC Capital maintained a Hold rating on Resolute Forest (RFP), with a price target of $3.00. The company’s shares closed last Friday at $2.43. According to TipRanks.com, Quinn is a 5-star analyst with an average return of 12.3% and a 62.8% success rate. Quinn covers the Industrial Goods sector, focusing on stocks such as Rayonier Advanced Materials, International ...
Read More »SNC-Lavalin under fire for getting federal contracts despite bid-rigging
The SNC-Lavalin headquarters in Montreal SNC-Lavalin Group may have paid $1.9 million in fines for nine years of bid-rigging in Quebec, but it is still eligible for federal contracts, according to Blacklock’s Reporter. The Public Prosecution Service wouldn’t share its agreement with the company, which the Federal Competition Bureau had been investigating after suspicious bids on Montreal and Quebec City ...
Read More »Resolute Stockholders Vote in Favor of Each Proposal at Annual Meeting
MONTREAL, May 12, 2020 /PRNewswire/ – Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today held its virtual annual meeting of stockholders. A total of 76,780,845 common shares, or 87.89% of the outstanding shares, were voted at the meeting. Shareholders voted in favor of each proposal, including the re-election of seven director nominees, by a 97.80% majority: NOMINEEFORAGAINSTABSTAINNON-VOTES# of shares%# of shares%# of sharesRandall ...
Read More »Edited Transcript of RFP earnings conference call or presentation 30-Apr-20 1:00pm GMT
Q1 2020 Resolute Forest Products Inc Earnings Call Montreal May 1, 2020 — Edited Transcript of Resolute Forest Products Inc earnings conference call or presentation Thursday, April 30, 2020 at 1:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Rémi G. Lalonde Resolute Forest Products Inc. – Senior VP & CFO * Yves Laflamme Resolute Forest Products Inc. ...
Read More »Resolute Forest Products lays off more than 1,000 because of COVID-19
MONTREAL — Resolute Forest Products Inc. is temporarily laying off more than 1,000 workers mainly in Quebec because of the COVID-19 pandemic. MONTREAL — Resolute Forest Products Inc. is temporarily laying off more than 1,000 workers mainly in Quebec because of the COVID-19 pandemic. Some of the layoffs could be extended if economic turbulence and lower demand persist in some ...
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