Abitibi-Consolidated ABY
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Abitibi under Review
We are transitioning coverage of Abitibi ABY to a new analyst and are placing the stock under review.
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Three International Funds Ripe for a Rebound
… Alas, they made several costly mistakes in 2006, such as holding on to struggling Canadian paper company Abitibi - Consolidated ABY for too long. Given the extended period of strong returns and the increasing signs that ambitious valuation …
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Abitibi and Bowater to Merge
Two of the North American paper industry's largest companies agreed on Monday to merge. Abitibi - Consolidated ABY and Bowater Incorporated BOW announced plans to form AbitibiBowater through an all-stock transaction. We are placing our fair …
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Abitibi Reports 2Q Earnings
Despite favorable pricing for its products, Abitibi - Consolidated ABY continues to be plagued by poor industry fundamentals. For the second quarter, Abitibi reported that lower production because …
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U.S.-Canada Lumber Dispute Ends
… having most of its lumber facilities located in Canada. We do not expect to see Canadian producers such as Abitibi - Consolidated ABY and Domtar DTC quickly ramp up production and flood the market with wood, though. The new export restrictions …
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U.S.-Canada Lumber Dispute Near End
… PCL have led the effort on the U.S. side for the last four years. On the Canadian side, companies such as Abitibi Consolidated ABY , Tembec, and Canfor have had to fight the duties. Weyerhaeuser WY has chosen to sit on the sidelines because …
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Strong Loonie Beats on Newsprint
… raw materials, energy, and transportation for Canadian producers and made it difficult for newsprint leaders Abitibi - Consolidated ABY and Bowater BOW to execute profitably. Modest price increases earlier in the year have not kept up with rising …
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Crumpled Paper, Sturdy Wood
… feeling the pain include Domtar DTC, Sappi SPP, Abitibi - Consolidated ABY , Bowater BOW, Smurfit-Stone Container SSCC ..... Africa , evidenced by the fortunes of Domtar, Abitibi - Consolidated , and Sappi. Emerging relatively unscathed has …
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Abitibi to sell PanAsia, plans debt retirement
Abitibi - Consolidated ABY recently announced a milestone agreement to sell its 50% stake in PanAsia Paper for proceeds of approximately $900 million in …
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Risk Higher for Newsprint Industry
We are raising the risk rating for Abitibi - Consolidated ABY and Bowater BOW from average to above average. While we continue to see the benefits of expanding global economies, the newsprint …