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Stock Market & Financial Investment News

News Breaks
May 17, 2013
07:33 EDTGPK, RKT, CCK, IP, OIPaper & Packaging names likely to return cash to holders, says Jefferies
Jefferies expects names in the Paper & Packaging space to start returning cash to shareholders at a greater rate due to strong balance sheets and record free cash flow. The firm names International Paper (IP), RockTenn (RKT) and Owens-Illinois (OI) as best positioned to see higher share prices from more aggressive cash returns to shareholders. Jefferies says Crown Holdings (CCK), Graphic Packaging (GPK) and Owens-Illinois are likely to issue dividends.
News For IP;RKT;OI;CCK;GPK From The Last 14 Days
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March 25, 2015
07:07 EDTIPInternational Paper, Packaging Corp. can create value, says Wells Fargo
After evaluating the current leverage and capital allocation options of International Paper (IP) and Packaging Corp (PKG), Wells Fargo thinks the companies can create meaningful value by pursuing acquisitions and, to a lesser extent, share repurchases. The firm keeps Outperform ratings on both names.
March 24, 2015
13:36 EDTOIPraxair starts-up non-cryogenic plant for Owens-Illinois
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March 20, 2015
08:35 EDTRKTMeadWestvaco, RockTenn announce executive management team for combined company
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08:34 EDTRKTMeadWestvaco, RockTenn announce executive team for combined company
MeadWestvaco (MWV) and Rock-Tenn (RKT) announced the executive leadership team for the combined company following the completion of the transaction. As previously announced, Steve Voorhees will serve as the new company’s CEO and John Luke will be non-executive chairman of the board. The executive leadership team announced today includes: Nina Butler, chief sustainability officer; Ward Dickson, chief financial officer; Pete Durette, chief strategy officer; Jennifer Graham-Johnson, chief human resources officer; Linda Schreiner, chief integration officer. The transaction remains on track to close in Q2 and is subject to shareholder approvals of both MWV and RockTenn, certain regulatory approvals and other customary closing conditions.
March 19, 2015
08:32 EDTOIAramark appoints Stephen Bramlage CFO effective April 6
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08:12 EDTOIOwens-Illinois CFO Steve Bramlage resigns, John Haudrich named acting CFO
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March 18, 2015
06:17 EDTCCKCrown Holdings resumed with a Buy at Citigroup
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