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News Breaks | | | | February 26, 2013 | | 06:05 EDT |  | KS, RKT, PKG, IP | RockTenn announced $50/ton price hike, says Deutsche Bank Deutsche Bank said its contacts reported that RockTenn (RKT) announced a $50/ton price hike for containerboard with an April 1 implementation date. Deutsche expects other companies to issue price increases as well, but said it remains uncertain as to the success of the hike. The firm has a Buy rating on RockTenn. Other names in the containerboard space include International Paper (IP), Packaging Corp. (PKG) and KapStone (KS). | |
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News For RKT;IP;PKG;KS From The Last 14 Days Check below for free stories on RKT;IP;PKG;KS the last two weeks. |
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| May 17, 2013 | | 07:33 EDT |  | IP, RKT | 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). | | | 17:03 EDT |  | PKG | Packaging Corp. raises annual dividend 28% to $1.60 per share from $1.25 per share
Subscribe for More Information | | | 13:15 EDT |  | IP | International Paper price target raised to $53 from $48 at Argus
Subscribe for More Information | | | May 7, 2013 | | 16:48 EDT |  | KS | KapStone sees April domestic price increase fully implemented late in Q2
Subscribe for More Information | | | 16:46 EDT |  | KS | KapStone reports Q1 adjusted EPS 42c, consensus 42c
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