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Stock Market & Financial Investment News

News Breaks
July 28, 2014
08:19 EDTRKTRockTenn announces two-for-one stock split
RockTenn announced that its board has authorized a two-for-one stock split of its Class A common stock, par value 1c per share, to be effected through a 100% stock dividend. Shareholders of record as of August 12, will receive one additional share of Common Stock for each share they hold on that date. The distribution date for the stock split, or the date new shares will be distributed from the company's transfer agent, Computershare Trust Company, N.A., will be August 27. This stock split will not change the proportionate interest that a shareholder maintains in the company. Following the stock split, RockTenn's outstanding common shares will increase to approximately 143M shares.
News For RKT From The Last 14 Days
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February 25, 2015
10:12 EDTRKTHigh option volume stocks
High option volume stocks: WBAI HDS ICON NWBO RGR GFI RKT TJX RSG LC
February 24, 2015
07:45 EDTRKTInternational Paper downgraded to Hold from Buy at Deutsche Bank
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February 23, 2015
07:49 EDTRKTFebruary fall in paper prices a modest negative, says Jefferies
Jefferies notes that according to PPW, unbleached kraft paperboard and solid unbleached sulfate prices fell modestly in February due to weak frozen food and beverage demand. The firm views the drop in SBS prices as a modest negative for RockTenn (RKT)/MeadWestvaco (MWV), Graphic Packaging (GPK) and International Paper (IP). It feels the impact should be limited, however, given the lag on the pass throughs in the converting business.

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