International Paper Divests Mills
Paper and packaging giant International Paper Co. (NYSE: IP) today announced that it has sold three of its US paperboard mills for $470 plus working capital. The sale was required as part…
Paper and packaging giant International Paper Co. (NYSE: IP) today announced that it has sold three of its US paperboard mills for $470 plus working capital. The sale was required as part…
The $4.3 billion merger between paper and packaging giants International Paper Inc. (NYSE: IP) and Temple-Inland Inc. (NYSE: TIN) has won approval from the US Department of Justice. The DoJ did require…
Earnings season is still upon us. There are going to be many big earnings reports Thursday and we would consider Thursday as the climax for the companies reporting their normal fourth quarter…
There is an interesting research report in shares of International Paper (NYSE: IP). A report from Zacks may have some impact on the company and also in shares of MeadWestvaco Corporation (NYSE: MWV)…
Yahoo! (NASDAQ: YHOO) CEO Carol Bartz fired over the phone. (Reuters) Obama may propose a $300 billion employment package with tax cuts and new expenditures to train workers. (Reuters) Pressure increases on…
Weyerhaeuser Co. (NYSE: WY) reported a -29% decline in profits this morning. The company’s EPS came in at $0.02, compared with estimates of $0.19. Weyerhaeuser also missed on revenue, posting a number…
CarMax shares moved sharply higher as the used car chain posted higher earnings than expected. Used car prices have risen and sales have tracked the upward momentum of those of new car…
Jon OggThis last week marked another solid week for investors and many stocks were on the move. We have compiled a list of stocks we are looking for event-driven trading moves in…
On May 17th and May 25th, the Chicago Mercantile Exchange stopped trading in lumber futures because the contract price had fallen by the maximum allowable amount of $10. On the 25th, lumber…
These are this morning’s top 10 pre-market analyst upgrades, downgrades, and initiations which we have seen early from Wall Street research firms: Acorda (NASDAQ: ACOR) Raised to Buy at Merriman Curhan Ford;…
These are this Tuesday morning’s top ten analyst calls with upgrades, downgrades, and initiations we have seen in early trading from Wall Street firms: Blackboard (BBBB) Cut to Neutral at BofA/Merrill. Citrix…
These are some of the top analyst downgrades and cautious research calls we have seen from Wall Street early this Tuesday morning: American Express (AXP) Started as Underperform at RBC. Buckle (BKE)…
“Green is green as in the color of money” – Brand director of General Electric, Brandweek, July 26, 2006 “Greenwashing” is the act of misleading the public regarding the environmental practices of…
Back in mid-February we discussed the latest trend of big-name companies slashing their dividends and how the trend will likely grow. Well it is growing, and fast. In this horrible market, dividends…
Citigroup (C) Still fears of nationalization or a larger bailout. Falls to $1.15. from a 52-week high of $27.35. GE (GE) Market not comforted that GE’s financial services are is not in…