Paper & Paper Products
(SON) Sonoco Product’s Earnings and Sales Lag
Sonoco Products Co. (SON) reported first-quarter 2013 adjusted earnings of 50 cents per share, a decrease of 4% from the prior year quarter’s earnings of 52 cents per share. The results narrowly missed the Zacks Consensus Estimate...2May2013 | vitalstocks | Comments Off | Continued
(AVY) Avery Dennison – Bull of the Day
Avery Dennison’s (AVY) adjusted earnings increased 77% year over year to $0.53 per share in third-quarter 2012, beating the Zacks Consensus Estimate of $0.45. Revenues fell 0.8% year over year to $1.488 billion, but were ahead of the Zacks...26Dec2012 | Shawn | Comments Off | Continued
(SON) Sonoco Products Company – Bear of the Day
Sonoco Products Co’s (SON) second-quarter 2012 adjusted earnings per share decreased 3% to $0.58, but net sales increased 6.6% to $1.2 billion. While EPS was in line with the Zacks Consensus Estimate, revenue failed to top expectations....24Oct2012 | vitalstocks | Comments Off | Continued
(SON) Sonoco Products Company – Bear of the Day
Sonoco Products Co’s (SON) second-quarter 2012 adjusted earnings per share decreased 3% to $0.58, but net sales increased 6.6% to $1.2 billion. While EPS was in line with the Zacks Consensus Estimate, revenue failed to top expectations....19Oct2012 | vitalstocks | Comments Off | Continued
(IP) International Paper and Temple-Inland Extend Review Time
The International Paper (IP) – Temple-Inland (TIN) merger has been delayed as both parties have agreed to extend the U.S. Department of Justice’s (DOJ) review...3Feb2012 | vitalstocks | 0 comments | Continued
(IP) International Paper Company – Bull of the Day
International Paper Co.’s (IP) third quarter EPS of $0.92 beat the Zacks Consensus Estimate. The company continues with its merger and acquisition strategy to strengthen its businesses. The merger with Temple-Inland will increase...17Jan2012 | vitalstocks | 0 comments | Continued
(AVY) Avery Dennison Selling Office Business
Avery Dennison Corporation (AVY) is divesting its underperforming Office and Consumer Products to its competitor 3M Co. (MMM), the maker of Post-it notes and Scotch...9Jan2012 | vitalstocks | 0 comments | Continued
(IP) Temple-Inland Shareholders Nod to International Paper Merger
The International Paper (IP) – Temple-Inland (TIN) merger has been approved by more than 98% of Temple’s shareholders. This clears a major hurdle in the creation...9Dec2011 | vitalstocks | 0 comments | Continued
(SON) Sonoco Products Acquires Packaging Business
Sonoco Products Co. (SON) through its wholly owned subsidiary in the UK, recently concluded the acquisition of Robinson Paperboard Packaging Ltd., a division of Robinson PLC. The world’s largest producer of paperboard cans, Sonoco...5Jul2011 | vitalstocks | 0 comments | Continued
(IP) Temple-Inland Responds to International Paper Bid
To ward off International Paper Co’s (IP) offer of $3.3 billion or $30.60 per share in cash made earlier this week, Temple-Inland Inc. (TIN) has adopted a stockholder...15Jun2011 | vitalstocks | 0 comments | Continued
(IP) Temple-Inland Responds to IP Bid
To ward off International Paper Co’s (IP) offer of $3.3 billion or $30.60 per share in cash made earlier this week, Temple-Inland Inc. (TIN) has adopted a stockholder...12Jun2011 | vitalstocks | 0 comments | Continued
(AVY) Avery Dennison Earnings Beat Consensus
Avery Dennison Corporation (AVY) reported adjusted earnings per share (EPS) of 51 cents in its first quarter 2011, beating the Zacks Consensus Estimate of 47 cents. EPS in the quarter however posted a decline of 16% from the adjusted...3May2011 | vitalstocks | 0 comments | Continued
(MERC) ValuEngine Long Portfolio Doubles the SP500 since Re-Balance
Mercer International Inc (MERC). owns and operates a diverse pulp and paper business in the southern German states of Saxony and Thuringia, in the former East Germany. The Company operates it’s pulp business primarily through its subsidiaries,...7Apr2011 | valuengine | 0 comments | Continued
(IP) International Paper Earnings Beat Forecast by a Cent
International Paper Co. (IP) reported first quarter earnings of 4 cents per share, a cent ahead of the Zacks Consensus Estimate. However, the results were down from 24 cents in the prior quarter and 8 cents in the year-ago quarter....29Apr2010 | vitalstocks | 0 comments | Continued
(NP) Neenah Paper – Business Is Improving
Neenah Paper (NP) crushed fourth-quarter EPS estimates by 15 cents, or 79%, and management was more optimistic about 2010. Company Description Neenah Paper manufactures and distributes a wide range of...19Apr2010 | vitalstocks | 0 comments | Continued
(IP) Federal Reserve Board Meeting Minutes Excerpts
Below are some key sections of the minutes of the Federal Reserve Board’s March 16th meeting. I have interspersed my commentary and interpretation where needed. “The information reviewed at the March 16 meeting suggested that economic activity expanded at a moderate pace...6Apr2010 | vitalstocks | 0 comments | Continued
(CVO) Cenveo Incorporated – Beats Expectations By Over 50%
Cenveo, Inc (CVO) recently beat Wall Street’s expectations, sending shares to a new 52-week high. Thanks to upward estimate revisions, shares are still a good value. Company Description Cenveo,...27Mar2010 | vitalstocks | 0 comments | Continued
(SON) Sonoco Products Company – Earnings Surprised by 13.7% in the Fourth Quarter
Sonoco Products Company (SON) saw improvement in the fourth quarter over the year ago period and recently raised 2010 guidance. It has surprised on earnings by an average of 8.3% over the last 4 quarters. Company Description Sonoco...9Mar2010 | vitalstocks | 0 comments | Continued
(NP) Neenah Paper – Analysts Increase Earnings Estimates
Neenah Paper’s (NP) recent results have been better than expected, and analysts have been raising their earnings estimates. Company Description Neenah Paper manufactures and distributes a wide range...3Mar2010 | vitalstocks | 0 comments | Continued
(IP) International Paper’s Earnings Beat by 1 Cent
International Paper Co. (IP) reported fourth-quarter EPS of 24 cents, slightly above the Zacks Consensus Estimate of 23 cents and up 14% from EPS of 21 cents reported in the prior-year quarter. Earnings growth in the quarter was primarily...4Feb2010 | vitalstocks | 0 comments | Continued
(AVY) Avery Dennison Corporation Reports Below Expectations
Avery Dennison Corp. (AVY) posted fourth-quarter earnings of 44 cents per share, below the Zacks Consensus Estimate of 67 cents and down 32.3% from last year’s earnings of 65 cents. The lower than expected earnings in the quarter...1Feb2010 | vitalstocks | 0 comments | Continued
(SON) Sonoco Products Company Increasing Paperboard Prices
Sonoco Products Company (SON) announced that it will increase prices for all uncoated recycled paperboard grades and paperboard industrial converted products in the United States and Canada, effective February 1, 2010. The company...12Jan2010 | vitalstocks | 0 comments | Continued
(SON) Sonoco Products Company Invests in Growth
Sonoco Products Company (SON) completed the acquisition of injection molded plastics spools and reels assets of EconoReel Corporation. The company did not disclose the terms of the deal. Through this transaction, Sonoco acquired a...3Dec2009 | vitalstocks | 0 comments | Continued
(IP) International Paper Tops Expectations
International Paper Co. (IP) reported third-quarter EPS of 37 cents, above the Zacks Consensus Estimate of 23 cents. The better-than-expected quarterly results were driven by the company’s overhead...1Nov2009 | vitalstocks | 0 comments | Continued
(AVY) Avery Dennison Corporation Gains from Restructuring
Avery Dennison Corp. (AVY) posted third quarter earnings of 82 cents per share, well-above the Zacks Consensus Estimate of 57 cents and slightly higher than last year’s earnings of 81 cents. Lower sales were offset by productivity...27Oct2009 | vitalstocks | 0 comments | Continued
(SON) Sonoco Products Company Outperforms – Raises Guidance
Sonoco Products Company (SON) reported third quarter earnings of 50 cents per share, beating its own guidance of 43-47 cents and the Zacks Consensus Estimate of 46 cents. However, third quarter EPS was down 17% compared to 60 cents...27Oct2009 | vitalstocks | 0 comments | Continued
(IP) International Paper Shreds Jobs
International Paper Co. (IP) plans to close three of its mills, which will reduce its work force by 1,600 employees. The company plans to close its paper mill and associated operations in Franklin, Virginia, besides its containerboard...27Oct2009 | vitalstocks | 0 comments | Continued
(SON) Sonoco Products Company Closes Another Plant
Sonoco Products Company (SON) plans to close its rigid paper packaging plant in Orrville, Ohio by March 2010. The plant, which was acquired in 2007, manufactures fiber cartridges for adhesives and sealants, and currently employs 84 employees. The first phase of the plant’s...11Sep2009 | vitalstocks | 0 comments | Continued
(MWV) MeadWestvaco Forms Strategic Alliance With Albemarle
Yesterday, MeadWestvaco Corp. (MWV) executed a Memorandum of Understanding (MOU) to form a strategic alliance with Albemarle Corporation (ALB) to supply activated carbon products in the U.S. This alliance will serve the emerging mercury removal market for the coal-fired...9Sep2009 | vitalstocks | 0 comments | Continued
(UFS) We Energies Plans Biomass Plant
We Energies plans to build a 50 megawatts biomass-fueled power plant at Rothschild, Wisconsin paper mill site of Domtar Corp. (UFS). Early next year, the utility will apply to the Public Service Commission of Wisconsin for necessary permits. The project will cost around $250 million...2Sep2009 | vitalstocks | 0 comments | Continued