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Examples
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Norbord Inc. ( "Norbord") has provided guarantees for certain obligations of Fraser Papers under a financial commitments agreement.
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Ariana Lindquist/Bloomberg LOGGED IN: Trucks carrying logs waited outside of Norbord Inc.'s production facility in Bemidji, Minn., Monday.
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Stewart has also taken a bet on the housing industry, buying shares of Toronto-based Norbord and Toll Brothers Inc., the biggest builder of luxury homes in the U.S. After the subprime-mortgage crisis led to a 79 percent plunge in housing starts in the late 2000s, home-builders are only building half of the homes necessary to match population growth, he said.
unknown title 2011
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Shares in Norbord added 97 cents or 8.4 per cent to $12.47.
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Norbord shares, which were halted pending the announcement, were down 18 cents at $17.66 on the Toronto Stock Exchange on Wednesday.
Market News 2010
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Shares in Norbord added $1.19 or 10.4 per cent to $12.69.
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Shares in Norbord added $1.25 or 10.9 per cent to $12.75.
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Norbord believes prices will continue to be volatile until a meaningful recovery in the
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Norbord will not receive any cash from the offering.
Market News 2010
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Norbord is one of the world's largest producers of oriented strand board and also makes particleboard, medium density fibreboard, plywood and other products.
Market News 2010
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