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Stock Market & Financial Investment News

News Breaks
June 5, 2014
08:21 EDTRKTRockTenn fundamental story remains unchanged, says Deutsche Bank
Deutsche Bank expects Q3 consensus estimates for RockTenn to come down modestly after the company introduced earnings guidance to help with the wide ranging expectations. Deutsche believes the company's demand trends look a "bit better" than originally targeted following RockTenn's conference presentation. It believes the fundamental story has not changed and keeps a Buy rating on the stock with a $120 price target.
News For RKT From The Last 14 Days
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March 20, 2015
08:35 EDTRKTMeadWestvaco, RockTenn announce executive management team for combined company
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08:34 EDTRKTMeadWestvaco, RockTenn announce executive team for combined company
MeadWestvaco (MWV) and Rock-Tenn (RKT) announced the executive leadership team for the combined company following the completion of the transaction. As previously announced, Steve Voorhees will serve as the new company’s CEO and John Luke will be non-executive chairman of the board. The executive leadership team announced today includes: Nina Butler, chief sustainability officer; Ward Dickson, chief financial officer; Pete Durette, chief strategy officer; Jennifer Graham-Johnson, chief human resources officer; Linda Schreiner, chief integration officer. The transaction remains on track to close in Q2 and is subject to shareholder approvals of both MWV and RockTenn, certain regulatory approvals and other customary closing conditions.

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