Canfor reports net loss of $350 million amid lumber downturn
Canfor says its B.C. operations are struggling due to weak lumber prices and rising operating costs. It recently announced ...
Sugar Prices Slip on Increased Output in Brazil's Center-South
Charting, Price Performance, News & Related Contracts.
Mortgage Rates Surge Further Past 7%
Mortgage rates continued to rise further past 7% this week. Meanwhile, diminished homebuying demand is beginning to reflect in home price data.
West Fraser Navigates Lower Prices and Stagnant Housing Markets
We think West Fraser has a sound capital structure, and its consistent free cash flow generation should easily support its debt-service requirements and future capital-allocation decisions. The ...
How inflation concerns could doom California’s proposition to increase minimum wage
Opponents of Proposition 32 to increase the California minimum wage are running ads focused on cost of living.
$79 billion—the hidden climate costs of US materials production
A study published today in the journal Environmental Research Letters, has revealed a staggering $79 billion in annual ...
West Fraser Timber Sees Positive Medium- to Long-Term Trends -- Commodity Comment
West Fraser Timber expects trends that have served as key drivers of demand for new home construction in recent years will continue. On Wood Product Demand: North American oriented strand board, ...
Vancouver’s West Fraser Timber posts third quarter loss
West Fraser Timber (TSX,NYSE:WFG) posted an US$83 million loss in the third quarter, with its lumber segment accounting for ...
US existing home sales slide to 14-year low; prices stay elevated
U.S. existing home sales dropped to a 14-year low in September, weighed down by higher mortgage rates and house prices.