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Enter Symbol:
 
Resolute Forest Products Inc (RFP) [hlAlert]

Rating:
Neutral ABH
down 91.87 %

ABITIBIBOWATER INC (ABH) downgraded to Neutral by UBS

Posted on: Wednesday,  Oct 8, 2008  8:25 AM ET by UBS

UBS rated Neutral Resolute Forest Products Inc (NYSE: RFP) on 10/08/2008. Previously UBS rated Buy Resolute Forest Products Inc (NYSE: RFP) on
11/07/2007., when the stock price was $25.36. Since then, Resolute Forest Products Inc has lost 91.88% as of 10/08/2008's recent price of $2.06.
If you would have followed the previous UBS's recommendation on RFP, you would have lost 91.87% of your investment in 336 days.

AbitibiBowater, Inc. produces various newsprint and commercial printing papers, market pulp, and wood products worldwide. It offers newspapers, as well as newsprint for various applications, including advertising inserts, flyers, brochures, circulars, telephone and other directories, and commercial guides. The company also produces commercial printing papers for magazines, catalogs, direct mail inserts, instruction manuals, maps, advertising inserts, flyers, and books. In addition, it produces pulp, which is used to make a range of consumer goods, such as tissue, paper towels, and diapers, as well as printing and writing papers. Further, the company remanufactures and engineers wood for specialized applications, such as mobile homes, roofing, and flooring material, as well as recycles newspapers and magazines. AbitibiBowater owns or operates 32 pulp and paper facilities, and 35 wood products facilities located in the United States, Canada, the United Kingdom, and South Korea. Its customers include publishers, commercial printers, retailers, consumer products companies, and building supply outlets. The company was founded in 1881 and is based in Montreal, Canada.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2008 8:25 AM Hold
None
2.06
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/7/2007 9:25 AM Buy
None
25.36 37.00

(*) Stock Price at the time of the recommendation.
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