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Stock Market & Financial Investment News

News Breaks
March 19, 2013
06:19 EDTGPKGraphic Packaging files to sell 25M shares of common stock
Goldman, Sachs & Co., BofA Merrill Lynch, J.P. Morgan, Citigroup, and Deutsche Bank Securities are serving as joint book running managers for the offering and TPG Capital BD, LLC, Baird and Oppenheimer & Co. are serving as co-managers.
News For GPK From The Last 14 Days
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January 29, 2015
09:20 EDTGPKIridian Asset reports 9.8% passive stake in Graphic Packaging
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January 27, 2015
06:21 EDTGPKGraphic Packaging, Packaging Corp. could be targets, says Citigroup
Citigroup believes the merger between Rock-Tenn (RKT) and MeadWestvaco (MWV) makes sense and that the combined company has 16% upside potential from current levels. Citi believes the $300M synergy target could prove conservative and raised its price target for Rock-Tenn shares to $77 from $72. It thinks smaller players in the Paper & Forest products space, Graphic Packaging (GPK) and Packaging Corp. (PKG), could be potential takeover targets either for an acquirer or for a merger following the Rock-Tenn/MeadWestvaco deal. Citi views International Paper (IP) as a potential acquirer.
January 23, 2015
08:19 EDTGPKBofA/Merrill paper/forest products analyst hold analyst/industry conference call
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