UPDATE 3-Rayonier Advanced Materials to buy Tembec in forest products push
* Tembec's shares surge nearly 38 pct, Rayonier up 10 pct (Adds CEO and analyst comments; updates shares)
Sept 30 Covanta Holding Corp
* Levin Capital Strategies L.P. reports 5.0 percent passive stake in Covanta Holding Corp, as of September 30, 2016 - SEC filing Source text for Eikon: (bit.ly/2dr8RcR) Further company coverage:
TORONTO, May 25 Three of Canada's biggest banks on Thursday played down concerns that Home Capital Group's problems could impact the broader financial system and reported quarterly results that topped market expectations.
* LME/ShFE arb: http://tmsnrt.rs/2oQ5nm2 (Adds closing prices, updates Grasberg)