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Stock Market & Financial Investment News

News Breaks
July 8, 2014
16:03 EDTIPInternational Paper authorizes additional $1.5B share buyback program
International Paper announced its board has authorized management to acquire up to $1.5B of additional shares of the company's common stock to supplement the $1.5B share repurchase program authorized in September 2013. The company intends to continue to repurchase such shares in open market repurchase transactions.
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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