On 11 June 2009, Domtar Corporation (Domtar) completed a 12:1 reverse stock split, which was announced on 29 May 2009. We have adjusted our NYSE common stock target price in line with this. Meanwhile, going forward, our fundamental outlook remains unchanged. Therefore, at current levels, we maintain our 6-12 month SELL rating. We will reassess our NYSE common stock rating in our next update report. We now anticipate a significant negative currency impact on the Canadian…

The Domtar Corporation (Domtar) NYSE common stock price has risen significantly since our 4Q and FY 2008 update report, reflecting a broad-based increase in the Dow Jones US Paper Index. However, going forward, we remain concerned about the impact of falling North American demand for publication paper on Domtar’s near term growth prospects. Therefore, at current price levels we downgrade the NYSE common stock from a HOLD to…

The Domtar Corporation (Domtar) NYSE common stock price tumbled on 02 March 2009, reflecting a broad-based decline in the Dow Jones US Paper Index and the NYSE Composite Index. Going forward, we remain concerned about the impact of falling demand on Domtar’s near-to-medium term growth prospects. Therefore, although the target price derived in our last update report does not support a SELL, we maintain our SELL rating. We will reassess our NYSE common stock target price…