Domtar (UFS) Leaps on Q2 Figures

Domtar Corporation UFS shares vaulted 7.1% to $37.83, on net earnings of $18 million ($0.29 per share) for the second quarter of 2016 compared to net earnings of $4 million ($0.06 per share) for the first quarter of 2016 and net earnings of $38 million ($0.60 per share) for the second quarter of 2015. Sales for the second quarter of 2016 were $1.3 billion. Share volume totaled 386,000, compared to an all-day average of 526,000