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Paper Cuts: BMO Downgrades WestRock, Packaging Corp, International Paper
Tuesday, October 9, 2018 - 9:37am | 678Read More...China-based Nine Dragons Paper Holdings, a manufacturer of containerboard products including lineboard, announced hundreds of millions of dollars in new investments this week that include conversion projects at coated paper mills in Biron, Wisconsin and Rumford, Maine. The announcement...
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Analyst: Investors Should 'Applaud' International Paper For Ending Proposed M&A Deal
Thursday, June 7, 2018 - 1:15pm | 354Read More...International Paper Co (NYSE: IP), a producer of renewable fiber-based packaging, confirmed Tuesday it will no longer pursue an acquisition Smurfit Kappa Group and investors should "applaud" the decision, according to BMO. The Analyst BMO Capital Markets' Mark Wilde upgraded...
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Analysts: International Paper's Smurfit Kappa Acquisition Could Create Near-Term Difficulties
Wednesday, March 7, 2018 - 4:26pm | 514Read More...International Paper Co (NYSE: IP)’s $45-per-share acquisition bid for Smurfit Kappa could be an excellent strategic initiative and help competitively position the company through cost synergies. Some sell-side analysts, though, are expressing concern that the integration of the two companies...
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The Paper Industry's Activism In The Face Of Digitization
Thursday, August 25, 2016 - 9:39am | 428Read More...For many industries, information flow has seen a remarkable transformation from paper mediums to digital in order to save time, space and money. Not to mention digital mediums tends to be more organized than paper-based information. Paper companies have not backed down to the industry threat,...
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Fibria Celulose Downgraded At Morgan Stanley On Brazilian Currency Concerns
Tuesday, July 26, 2016 - 9:28am | 315Read More...Morgan Stanley has downgraded Fibria Celulose SA (ADR) (NYSE: FBR) to Equal Weight on strong Brazilian real headwinds and deteriorating balance sheet. The currency headwinds are unlikely to reverse soon for Fibria, a Brazil-based pulp and paper producer. The brokerage recently revised its BRL...
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The Price Of Paper Is Increasing As Companies Try To Stay Profitable In Electronic Age
Monday, March 7, 2016 - 9:10am | 400Read More...In this era where every business is moving online, businesses and consumers alike still depend on paper, especially in various packaging and shipping markets. The trend should benefit companies operating in the paper and packaging industry, including International Paper Co (NYSE: IP) and Domtar...
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Packaging Corporation Adds $200 Million To Share Buyback Authorization, Highlights 'Substantial Operating Cash Flow'
Friday, February 26, 2016 - 10:20am | 193Read More...Packaging Corp Of America (NYSE: PKG), a producer of container boards and white papers, announced after Thursday's market close an addition to its share buyback program. Packaging Corp's board of directors authorized the repurchase of an additional $200 million of its outstanding common stock...
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Domtar Reports Preliminary Q4 Results, Highlights 'Earnings Improvement'
Friday, February 5, 2016 - 9:25am | 246Read More...Domtar Corp (USA) (NYSE: UFS) reported its preliminary fourth quarter results Friday morning. The company expects to earn $0.91 per share on revenue of $1.314 billion while Wall Street analysts were estimating the company to earn $0.80 per share on revenue of $1.33 billion. Domtar's stock...
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WestRock Bought More Than 3.7 Million Shares Stock Since November, Notes 'Disciplined And Balanced' Capital Allocation Strategy
Wednesday, January 13, 2016 - 10:17am | 140Read More...WestRock Co (NYSE: WRK), a paper and packaging provider, reported after Tuesday's market close that the company has repurchased more than 3.7 million shares of its common stock since November 10. Shares of WestRock have lost more than 15 percent since the start of 2016 and have lost nearly...
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Introducing Microsoft's New, Cheaper Office Suite
Monday, March 17, 2014 - 1:56pm | 556Read More...It’s called Office 365 Personal and Microsoft (NASDAQ: MSFT) said Sunday the new cloud-based version of its popular productivity software would work just like the conventional program and include Access, Excel, PowerPoint and Word. Office 365 Personal will sell for $69.99 a year or $6.99 a...
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The New Facebook App Is Here And It's Pretty Amazing
Tuesday, February 4, 2014 - 12:16pm | 494Read More...Anybody that knows even a little bit about the app market knows that its customers are notoriously hard to please. Facebook (NASDAQ: FB) hasn’t scored many big wins among the app crowd but it’s new app, Paper, is good—really good, in fact. So good, that after only one day on the app store, it has...
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Weekly Highlights: Apple Sold 51M iPhones, ABC's Piracy Problem, Google Dumped Motorola And More
Saturday, February 1, 2014 - 5:18pm | 204Read More...Apple (NASDAQ: AAPL) didn't have any major products to unveil this week, but the Mac maker did make one major announcement. Once again, Apple has set a new record for quarterly iPhone sales. Meanwhile, Google (NASDAQ: GOOG) got out of the smartphone manufacturing business and sold Motorola...
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Is Facebook's 'Paper' A Game-Changing iPhone App?
Friday, January 31, 2014 - 2:51pm | 438Read More...Facebook (NASDAQ: FB) will launch its newest app on Monday, February 3. Will this be the one that changes everything? Around the Web, tech publications like The Verge are offering early praise, indicating that the social network might be onto something special. But what does it mean for Wall...
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International Paper Still Undervalued (IP)
Monday, May 9, 2011 - 12:49pm | 202Read More...Corrugated cardboard isn't very exciting, but for investors looking for a value play, it could be just what they are looking for. Corrugated-box shipments in the U.S. rose 2% in the first quarter, following a 3.5% rise for all of 2010. This is the first sequential increase following a yearly...
