Resolute Forest Products posts 3Q loss

MONTREAL (AP) _ Resolute Forest Products Inc. (RFP) on Thursday reported a loss of $116 million in its third quarter.

The Montreal-based company said it had a loss of $1.23 per share. Earnings, adjusted for non-recurring costs, were 18 cents per share.

The maker of paper and wood products posted revenue of $1.1 billion in the period.

Resolute Forest Products shares have climbed 11 percent since the beginning of the year. The stock has risen 21 percent in the last 12 months.

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