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Stock Market & Financial Investment News

News Breaks
February 25, 2014
07:10 EDTVAL, USG, ASH, SON, PCH, MLN, RKT, OLN, LPX, TXI, POL, NEULongbow to hold a conference
Basic Materials Investor Conference is being held in New York on February 25.
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March 4, 2015
07:12 EDTVALJPMorgan to hold a conference
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February 26, 2015
08:31 EDTSONArgus upgraded Sonoco on multiple positive catalysts
As noted earlier, Argus upgraded Sonoco to Buy from Hold. The firm believes the company has multiple upcoming positive catalysts, including volume growth acceleration, price increases, lower raw material costs, and productivity gains. Target $56.
08:12 EDTSONSonoco upgraded to Buy from Hold at Argus
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February 25, 2015
10:12 EDTRKTHigh option volume stocks
High option volume stocks: WBAI HDS ICON NWBO RGR GFI RKT TJX RSG LC
February 24, 2015
07:45 EDTRKTInternational Paper downgraded to Hold from Buy at Deutsche Bank
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07:32 EDTVALValspar reaffirms FY15 adjusted EPS view $4.45-$4.65, consensus $4.59
As a result of the expected impact of a stronger U.S. Dollar, the company is updating its FY15 annual sales guidance to approximately flat sales compared to FY14, from the previous guidance of growth in the low single-digits.
07:32 EDTVALValspar reports Q1 adjusted EPS 85c, consensus 76c
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07:30 EDTPOLJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 24 at 7:40 am; not all company presentations may be webcasted. Webcast Link
February 23, 2015
08:11 EDTSONSonoco elects Timken CEO Richard Kyle to board
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07:49 EDTRKTFebruary fall in paper prices a modest negative, says Jefferies
Jefferies notes that according to PPW, unbleached kraft paperboard and solid unbleached sulfate prices fell modestly in February due to weak frozen food and beverage demand. The firm views the drop in SBS prices as a modest negative for RockTenn (RKT)/MeadWestvaco (MWV), Graphic Packaging (GPK) and International Paper (IP). It feels the impact should be limited, however, given the lag on the pass throughs in the converting business.

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