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News Breaks | | | | July 1, 2012 | | 22:10 EDT |  | IP | IP should continue to do OK in a sluggish economy, Barron's reports
Barron's CEO spotlight week focused on International Paper's (IP) John Faraci, who has refocused the paper and packaging titan with superb results. The International Paper chief has streamlining operations by shedding assets and pared businesses from 16 to basically two, paper and packaging. Nowadays, Faraci is leading a brisk expansion overseas where it gets 20% of its revenue. Ebitda is headed to more than $5B in 2015. And, the dividend, now yielding 3.8%, was restored quickly and has been increased numerous times. Faraci sees sluggish growth for the economy for the next couple of year -- but says, "we will do OK in that environment". Reference Link | |
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News For IP From The Last 14 Days Check below for free stories on IP the last two weeks. |
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| June 13, 2013 | | 10:05 EDT |  | IP | On The Fly: Analyst Upgrade Summary
 Subscribe for More Information | | | 06:06 EDT | | IP | International Paper upgraded to Conviction Buy from Neutral at Goldman
Goldman upgraded International Paper based on leverage to U.S. containerboard, improving free-cash flow, and shareholder cash returns through buybacks and dividends. Price target raised to $55 from $50. | | | June 12, 2013 | | 08:51 EDT |  | IP | International Paper management to meet with UBS
Subscribe for More Information | | | June 10, 2013 | | 13:48 EDT |  | IP | Paper names higher after KapStone buys Longview Fibre
Subscribe for More Information | | | 07:46 EDT | | IP | International Paper management to meet with UBS
Subscribe for More Information | | | June 7, 2013 | | 11:52 EDT |  | IP | High option volume stocks: LYV NBL IP JAH TIVO RMD
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