Stock Blog Hub » Paper & Paper Products

(IP) International Paper and Temple-Inland Extend Review Time

vitalstocks — Fri, 03 Feb 2012 18:10:13 +0000

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 period till February 13, 2012. The extended timeline will provide both parties the time to resolve DOJ’s concerns regarding the transaction and enter into a definitive agreement on terms that are acceptable [...]

(IP) International Paper and Temple-Inland Extend Review Time

(IP) International Paper Company – Bull of the Day

vitalstocks — Tue, 17 Jan 2012 18:21:42 +0000

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 its share of the North American corrugated-packaging market from 27% to 40% and will be accretive to EPS in the first year. [...]

(IP) International Paper Company – Bull of the Day

(AVY) Avery Dennison Selling Office Business

vitalstocks — Mon, 09 Jan 2012 16:54:27 +0000

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 Tape, for $550 million in cash. The Office and Consumer Products segment contributed approximately 13% to Avery’s total revenue in fiscal 2010 and in the most recently reported third quarter [...]

(AVY) Avery Dennison Selling Office Business

(IP) Temple-Inland Shareholders Nod to International Paper Merger

vitalstocks — Fri, 09 Dec 2011 17:40:30 +0000

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 of a company that would enjoy about 40% share of the North American corrugated packaging materials market. There is only one remaining hurdle – the receipt of the important [...]

(IP) Temple-Inland Shareholders Nod to International Paper Merger

(SON) Sonoco Products Acquires Packaging Business

vitalstocks — Tue, 05 Jul 2011 16:33:34 +0000

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 acquired customer contracts along with other business assets of Robinson Paperboard Packaging Business. Under the terms of the acquisition, Sonoco will [...]

(SON) Sonoco Products Acquires Packaging Business

(IP) Temple-Inland Responds to International Paper Bid

vitalstocks — Wed, 15 Jun 2011 16:59:19 +0000

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 rights plan and declared dividend distribution of preferred share purchase rights on each outstanding share of Temple-Inland common stock. According to Temple-Inland, the rights will be exercisable [...]

(IP) Temple-Inland Responds to International Paper Bid

(IP) Temple-Inland Responds to IP Bid

vitalstocks — Sun, 12 Jun 2011 17:02:59 +0000

(IP) Temple-Inland Responds to IP Bid

(AVY) Avery Dennison Earnings Beat Consensus

vitalstocks — Tue, 03 May 2011 19:38:25 +0000

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 EPS of 61 cents in the prior-year quarter. Both the adjusted EPS in the reported as [...]

(AVY) Avery Dennison Earnings Beat Consensus

(MERC) ValuEngine Long Portfolio Doubles the SP500 since Re-Balance

valuengine — Thu, 07 Apr 2011 14:38:48 +0000

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, Spezialpapierfabrik Blankenstein GmbH and Zellstof-und Papierfabrik Rosenthal GmbH & Co. KG , and conducts its paper business through [...]

(MERC) ValuEngine Long Portfolio Doubles the SP500 since Re-Balance

(IP) International Paper Earnings Beat Forecast by a Cent

vitalstocks — Fri, 30 Apr 2010 00:05:55 +0000

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. Results reflected higher raw material costs. Including restructuring and other impacts coupled with a prior-year [...]

(IP) International Paper Earnings Beat Forecast by a Cent

(NP) Neenah Paper – Business Is Improving

vitalstocks — Mon, 19 Apr 2010 20:48:25 +0000

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 premium and specialty paper grades, with well-known brands such as Classic, Environment, Kimdura, and Munising. The company also produces and sells bleached pulp, primarily for [...]

(NP) Neenah Paper – Business Is Improving

(IP) Federal Reserve Board Meeting Minutes Excerpts

vitalstocks — Tue, 06 Apr 2010 20:36:35 +0000

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 in early 2010. Business investment in equipment and software seemed to have picked [...]

(IP) Federal Reserve Board Meeting Minutes Excerpts

(CVO) Cenveo Incorporated – Beats Expectations By Over 50%

vitalstocks — Sat, 27 Mar 2010 21:17:56 +0000

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, Inc. manages and distributes print and other products for its customers. The company offers levels, forms, packaging, envelopes, and other related products and services. Beat the [...]

(CVO) Cenveo Incorporated – Beats Expectations By Over 50%

(SON) Sonoco Products Company – Earnings Surprised by 13.7% in the Fourth Quarter

vitalstocks — Tue, 09 Mar 2010 16:21:55 +0000

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 manufactures industrial and consumer packaging and packaging solutions at 300 locations in 35 countries with customers in [...]

(SON) Sonoco Products Company – Earnings Surprised by 13.7% in the Fourth Quarter

(NP) Neenah Paper – Analysts Increase Earnings Estimates

vitalstocks — Wed, 03 Mar 2010 23:05:26 +0000

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 of premium and specialty paper grades, with well-known brands such as Classic, Environment, Kimdura, and Munising. The company also produces and sells bleached pulp, primarily for use [...]

(NP) Neenah Paper – Analysts Increase Earnings Estimates

(IP) International Paper’s Earnings Beat by 1 Cent

vitalstocks — Thu, 04 Feb 2010 22:37:02 +0000

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 a result of the company’s overhead cost reduction efforts as well as integration synergies. Quarterly sales [...]

(IP) International Paper’s Earnings Beat by 1 Cent

(AVY) Avery Dennison Corporation Reports Below Expectations

vitalstocks — Mon, 01 Feb 2010 23:26:43 +0000

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 was primarily a result of increased investment in marketing and business development. Net sales of $1,521.8 million [...]

(AVY) Avery Dennison Corporation Reports Below Expectations

(SON) Sonoco Products Company Increasing Paperboard Prices

vitalstocks — Wed, 13 Jan 2010 06:13:07 +0000

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 announced a price hike of $50 per ton for all uncoated recycled paperboard grades. Paperboard industrial converted products’ price will go up [...]

(SON) Sonoco Products Company Increasing Paperboard Prices

(SON) Sonoco Products Company Invests in Growth

vitalstocks — Thu, 03 Dec 2009 23:10:35 +0000

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 molded plastics spools and reels manufacturing facility in Logan, Utah, and additional manufacturing assets in Mississippi. Management said that this acquisition [...]

(SON) Sonoco Products Company Invests in Growth

(IP) International Paper Tops Expectations

vitalstocks — Sun, 01 Nov 2009 22:06:44 +0000

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 cost reduction efforts as well as integration synergies in its industrial packing business. However, quarterly EPS declined 56.0% from 84 cents in the prior year quarter. Quarterly [...]

(IP) International Paper Tops Expectations

(AVY) Avery Dennison Corporation Gains from Restructuring

vitalstocks — Wed, 28 Oct 2009 03:51:21 +0000

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 improvements and gains from the restructuring program. Net sales of $1,549.3 million reported in the third quarter were [...]

(AVY) Avery Dennison Corporation Gains from Restructuring

(SON) Sonoco Products Company Outperforms – Raises Guidance

vitalstocks — Tue, 27 Oct 2009 17:36:46 +0000

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 reported last year, primarily due to lower volumes and higher pension expense. Net sales during the [...]

(SON) Sonoco Products Company Outperforms – Raises Guidance

(IP) International Paper Shreds Jobs

vitalstocks — Tue, 27 Oct 2009 17:13:03 +0000

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 mills in Pineville, Louisiana and Albany, Oregon. Also, the company said that it would permanently shut down the [...]

(IP) International Paper Shreds Jobs

(SON) Sonoco Products Company Closes Another Plant

vitalstocks — Fri, 11 Sep 2009 22:24:09 +0000

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 shutdown is expected to begin in late November and its workforce will [...]

(SON) Sonoco Products Company Closes Another Plant

(MWV) MeadWestvaco Forms Strategic Alliance With Albemarle

vitalstocks — Thu, 10 Sep 2009 02:19:45 +0000

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 power industry. Unlike other U.S. activated carbon producers, which make their sorbents from coal or lignite, [...]

(MWV) MeadWestvaco Forms Strategic Alliance With Albemarle

(UFS) We Energies Plans Biomass Plant

vitalstocks — Wed, 02 Sep 2009 19:31:56 +0000

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 and is expected to be completed by first half of [...]

(UFS) We Energies Plans Biomass Plant

(IP) Purchasing Managers Index Shows Expansion

vitalstocks — Tue, 01 Sep 2009 21:55:01 +0000

The Institute of Supply Management’s (ISM) Purchasing Managers Index, a closely watched gauge of manufacturing activity, rose to 52.9 in August from 48.9 in June. It was also well above the 50.5 consensus expectations. With this index, 50 is the magic number that separates expansion from contraction, so this reading is showing growth in the [...]

(IP) Purchasing Managers Index Shows Expansion

(SPP) Sappi Limited Adjusts Production

vitalstocks — Thu, 27 Aug 2009 20:00:02 +0000

Sappi Limited (SPP) announced that it will permanently cease operations at its coated fine paper mill in Muskegon, Michigan. The company had suspended the operations at the mill in March 2009. The mill had an annual production capacity of 170,000 metric tons. Permanent Closure of the Muskegon mill was in response to the weak demand [...]

(SPP) Sappi Limited Adjusts Production

(MWV) MeadWestvaco Raises $250 million

vitalstocks — Wed, 19 Aug 2009 22:56:14 +0000

Yesterday, MeadWestvaco Corp. (MWV) commenced a public offering of $250 million aggregate principal amount of 7.375% Notes due 2019. This is expected to close on Aug. 24, subject to customary closing conditions. Net proceeds from the offering will be used for payment of the purchase price in a tender offer, for up to $250 million [...]

(MWV) MeadWestvaco Raises $250 million

(SWM) Schweitzer-Maudit International Inc. – estimates spike – very nice growth projection

vitalstocks — Thu, 13 Aug 2009 20:49:06 +0000

Schweitzer-Maudit International Inc. (SWM) recently posted solid second-quarter results that beat estimates on higher prices and lower costs. Estimates and the company’s share price both spiked in reaction to the news. Company Description Schweitzer-Maudit International Inc. manufactures and sells paper and reconstituted tobacco products to the tobacco industry. The country does business in 90 countries [...]

(SWM) Schweitzer-Maudit International Inc. – estimates spike – very nice growth projection

(IP) The recession in historical context

prieur — Thu, 18 Jun 2009 23:41:34 +0000

How does the current economic and financial downturn match up to past contractions? In an attempt to present matters in historical context, Paul Swartz of the Council on Foreign Relations recently published a chart book showing that the current economic environment has been more severe than a typical recession. He specifically highlights the following four [...]

(IP) The recession in historical context

(RKT) RockTenn Company – Value – Zacks Rank Buy

vitalstocks — Tue, 16 Jun 2009 22:35:24 +0000

RockTenn Company (RKT), the packaging products manufacturer, reported record earnings for the fiscal second quarter of 2009 which surprised on estimates by 3.03%. On Apr 27, RockTenn reported record adjusted earnings per share that rose 55% to $1.02 compared to 66 cents in the year ago quarter. Sales fell $9.6 million to $673.3 million from [...]

(RKT) RockTenn Company – Value – Zacks Rank Buy

(NP) Neenah Paper, Inc. – Momentum – Zacks Rank Buy

vitalstocks — Fri, 05 Jun 2009 22:15:11 +0000

Neenah Paper, Inc. (NP) recently reported first-quarter results. Earnings came in 88% ahead of the consensus estimate, and analysts are bullish on earnings going forward. Management said the company is poised to grow stronger as global economies recover. Company Description Neenah Paper manufactures premium, performance-based papers and specialty products used in a variety of applications [...]

(NP) Neenah Paper, Inc. – Momentum – Zacks Rank Buy

(IP) AuthenTec: Ripe for an Acquisition?

PeakStocks.com — Wed, 20 May 2009 19:50:30 +0000

AuthenTec (NASDAQ: AUTH), the world’s leading provider of fingerprint sensors and solutions to the PC, Wireless and Access Control markets, released their Q1/09 earnings and held their analyst conference call May 12th after the market closed. As I wrote on my Twitter feed, 3 of the companies in the portfolio reported last week, and all [...]

(IP) AuthenTec: Ripe for an Acquisition?

(IP) AuthenTec: Cheap By Many Measures, Especially Net Net Deep Value

PeakStocks.com — Thu, 07 May 2009 22:59:31 +0000

We’ve had quite a recovery in the market from the lows reached in March, and many semiconductor stocks have followed suit. While AuthenTec Inc. (NASDAQ: AUTH), a maker of fingerprint sensors, is no different, even with a recovery in its stock price from the absolute abyss, AuthenTec is still trading at a close-out price. Quite [...]

(IP) AuthenTec: Cheap By Many Measures, Especially Net Net Deep Value

(RKT) RockTenn Company – Value – Zacks Rank Buy

vitalstocks — Thu, 26 Mar 2009 18:21:44 +0000

RockTenn Company (RKT), the packaging manufacturer, reported record earnings in the first quarter as the recent acquisition of Southern Container is paying off. The stock is cheap. RKT is trading at just 7.2x forward earnings. Company Description RockTenn manufactures packaging products, bleached and recycled paperboard and merchandising displays. The company has over 200 facilities located [...]

(RKT) RockTenn Company – Value – Zacks Rank Buy

(SWM) Schweitzer-Mauduit International – 72% earnings growth projection

Shawn — Fri, 02 Jan 2009 23:54:52 +0000

Schweitzer-Mauduit International, Inc. (SWM) posted impressive third-quarter results in mid November in which the company moved back into profitability from last year. Analysts are bullish on the company, with the next-year estimate pegged at $1.55, a 72% earnings growth projection. Company Description Schweitzer-Mauduit International, Inc. manufactures and sells paper and reconstituted tobacco products to the [...]

(SWM) Schweitzer-Mauduit International – 72% earnings growth projection

(IP) AuthenTec Earnings Preview: Now What?

Shawn — Wed, 29 Oct 2008 00:20:04 +0000

Yuck. That’s all I can say about AuthenTec right now… After shocking the market a on September 8th with a mid-quarter “business update” the stock has cratered and sits now about 80% below previous levels. At these prices the stock is trading below its cash on hand, and is priced for ultimate failure. Is this [...]

(IP) AuthenTec Earnings Preview: Now What?