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Stock Market & Financial Investment News

News Breaks
July 21, 2014
07:55 EDTRKT, IP, PKG, KSJuly containerboard medium prices decline $10, says Deutsche Bank
Deutsche Bank notes that according to PPW, July containerboard medium prices fell $10/ton to $570 in the East and $595 in the West. The firm views the cut as discouraging, but says it's not a complete surprise given new capacity and pressure from reported declines in recycled containerboard pricing. Deutsche sees RockTenn (RKT) as being the most exposed to the decline, but sees the impact as minimal. Other containerboard names include International Paper (IP), KapStone (KS) and Packaging Corp. (PKG).
News For IP;KS;PKG;RKT From The Last 14 Days
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January 23, 2015
08:19 EDTRKT, PKG, IPBofA/Merrill paper/forest products analyst hold analyst/industry conference call
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January 22, 2015
10:03 EDTPKGOn the Fly: Analyst Downgrade Summary
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06:08 EDTPKGPackaging Corp. downgraded to Market Perform from Outperform at BMO Capital
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January 16, 2015
10:01 EDTIPOn The Fly: Analyst Upgrade Summary
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09:04 EDTIPConocoPhillips names John Faraci, Argun Murti to board
ConocoPhillips (COP) announced that John Faraci, former chairman and CEO of International Paper (IP), and Arjun Murti, former partner at Goldman Sachs (GS), have been elected to its board of directors. The election of Faraci and Murti increases the total number of ConocoPhillips directors to 12, 11 of which are outside directors.
07:18 EDTIPInternational Paper upgraded to Outperform from Market Perform at Wells Fargo
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January 13, 2015
10:00 EDTRKTOn The Fly: Analyst Downgrade Summary
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08:01 EDTRKTRockTenn downgraded to Neutral from Buy at DA Davidson
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