Fourth Quarter Loss for Resolute

Resolute Forest Products is not ruling out more production downtime at its mills this year.
Lower demand and weaker pricing played a role in a $6-million loss in the 4th quarter of last year.
CEO Richard Garneau doesn’t see much immediate change.
Resolute operates the Mill in Fort Frances.
The company announced Friday a temporary three week shut down at its Bowater Mersey mill in Brooklyn on March 11th.
The company says world paper markets are saturated and there is a shortage of new orders.