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Stock Market & Financial Investment News

News Breaks
March 21, 2013
19:26 EDTGPKGraphic Packaging 28M share Secondary priced at $7.00
The size of the offering was increased to 28M shares from 25M shares. Goldman, BofA/Merrill, JPMorgan and Deutsche Bank acted as joint book running managers for the offering.
News For GPK From The Last 14 Days
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February 23, 2015
07:49 EDTGPKFebruary 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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