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Stock Market & Financial Investment News

News Breaks
February 26, 2013
06:05 EDTPKG, IP, KS, RKTRockTenn 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).
News For RKT;IP;PKG;KS From The Last 14 Days
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October 24, 2014
14:07 EDTRKTRockTenn increases annual dividend 7% to 75c
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October 20, 2014
17:05 EDTPKGPackaging Corp. expects Q4 EPS $1.16, consensus $1.16
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17:03 EDTPKGPackaging Corp. reports ex-items Q3 EPS $1.26, consensus $1.26
Reports Q3 revenue $1.52B, consensus $1.50B. Special items excluded from EPS include after-tax charges for the Boise integration, debt refinancing and DeRidder mill restructuring of 20c per share, including cash charges of 6c per share, and non-cash charges of 14c per share.
15:30 EDTPKGNotable companies reporting after market close
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13:07 EDTRKTRockTenn initiated with a Buy at Dundee (pre-open)
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13:06 EDTKSKapStone initiated with a Buy at Dundee (pre-open)
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13:06 EDTIPInternational Paper initiated with a Buy at Dundee (pre-open)
Target $55.
13:06 EDTPKGPackaging Corp. initiated with a Buy at Dundee (pre-open)
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October 16, 2014
10:01 EDTPKGOn The Fly: Analyst Upgrade Summary
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08:48 EDTPKGPackaging Corp. upgraded at Buckingham
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07:31 EDTPKGPackaging Corp. upgraded to Buy from Neutral at Buckingham
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