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News Breaks | | | | September 10, 2012 | | 05:42 EDT |  | IP | International Paper downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded International Paper and other names in the Paper & Packaging space citing the recent rally in shares and concerns the autumn price hike is not a done deal. The firm lowered its price target for shares to $39 from $41. | |
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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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| May 17, 2013 | | 07:33 EDT |  | IP | Paper & 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. | | | May 15, 2013 | | 17:26 EDT |  | IP | Third Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN). | | | 13:15 EDT | | IP | International Paper price target raised to $53 from $48 at Argus
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