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Stock Market & Financial Investment News

News Breaks
January 9, 2013
07:19 EDTSONSonoco Products downgraded to Underweight from Neutral at JPMorgan
JPMorand is more cautious on Sonoco's emerging market and plastics strategies and its ability to achieve above cost returns near-term. Price target lowered to $32 from $34.
News For SON From The Last 14 Days
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August 6, 2014
07:48 EDTSONHighway bill could boost IP, RockTenn shares, says Jefferies
Jefferies notes the Senate and House agreed last week on the highway bill, which allows corporations to push out pension contributions. The firm thinks the bill will accelerate free cash flow generation for International Paper (IP), RockTenn (RKT) and Sonoco (SON). Jefferies believes shares of International Paper and RockTenn could move higher since the paper names are mainly valued on free cash flow. The firm does not expect much pension relief from the bill for Owens-Illinois (OI), Crown Holdings (CCK) and Graphic Packaging (GPK).

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