Domtar slides as Q2 results hit by downtime, higher costs - Domtar - TopicsExpress

Domtar slides as Q2 results hit by downtime, higher costs - Domtar (TSE:UFS) (NYSE:UFS) shares shed more than 10 percent on Thursday after the Canadian paper maker reported preliminary second quarter results that were hurt by higher maintenance activity at its pulp mills and increased raw material costs in its personal care unit. For the three months to June 30, the company reported net earnings of $40 million, or 61 cents per share, compared to a net loss of $46 milli... ow.ly/2KEIyU

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