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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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September 20, 2014
20:11 EDTRKTInternational Paper, two others could be worth more as MLPs, Barron's says
International Paper (IP), Rock-Tenn (RKT), and KapStone (KS) shares could rise 50%-100% if the companies convert to MLPs, Barron's contends in a feature article. Reference Link
September 15, 2014
08:47 EDTRKTRockTenn increases share repurchase plan by 9.2M shares to 16.9M shares
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September 11, 2014
10:37 EDTRKTContainerboard makers rally amid MLP discussion at conference
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10:09 EDTRKTKapStone, International Paper rally following conference presentations
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September 8, 2014
07:21 EDTRKTKeyBanc to hold a conference
2014 Basic Materials & Packaging Conference to be held in Boston on September 8-10.

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