Category: Bad News
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Cascades Inc. Slashes Q1 Forecast Amid Weather Disruptions and Fuel Costs
Quebec-based paper and packaging leader Cascades Inc. (TSX: CAS) is down 3% today after the company issued a surprising downward revision to its first-quarter earnings outlook. Cascades announced that it has lowered its expected adjusted EBITDA for the quarter by more than $10 million, citing a “perfect storm” of operational hurdles. The revision has sent Read more