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Stock Market & Financial Investment News

News Breaks
March 18, 2013
09:17 EDTIP, IPInternational Paper downgraded to Outperform from Buy at CLSA
CLSA no longer believes a containerboard price hike is likely given limited fundamental. As a result, the firm downgraded International Paper to Outperform from Buy. Price target is $52.
News For IP From The Last 14 Days
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August 6, 2014
07:48 EDTIPHighway bill could boost IP, RockTenn shares, says Jefferies
Jefferies notes the Senate and House agreed last week on the highway bill, which allows corporations to push out pension contributions. The firm thinks the bill will accelerate free cash flow generation for International Paper (IP), RockTenn (RKT) and Sonoco (SON). Jefferies believes shares of International Paper and RockTenn could move higher since the paper names are mainly valued on free cash flow. The firm does not expect much pension relief from the bill for Owens-Illinois (OI), Crown Holdings (CCK) and Graphic Packaging (GPK).

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