All Posts Tagged With: "MWV"
(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 period till February 13, 2012. The extended timeline will provide both parties the time to resolve DOJ’s...
3Feb2012 | vitalstocks | 0 comments | Continued(MWV) MeadWestvaco Impacted by Weak Demand
MeadWestvaco Corporation (MWV) announced that it expects pre-tax income from its business segments (before Corporate and other) in the range of $150 to $160 million for the fourth quarter of 2011. For the full year 2011, the company expects pre-tax income in the range of $835...
21Jan2012 | 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 of a company that would enjoy about 40% share of the North American corrugated packaging materials market....
9Dec2011 | vitalstocks | 0 comments | Continued(MWV) MeadWestvaco Builds New Boiler
MeadWestvaco Corporation (MWV) recently announced its plan to invest $285 million for building a new state-of-the-art biomass boiler and upgrading the power infrastructure associated with it at its Covington, Virginia, facility. This strategic investment not only improves the...
28Jun2011 | vitalstocks | 0 comments | Continued(CCC) Calgon Carbon Wins Two Contracts
Calgon Carbon Corporation (CCC) has won two new contracts to supply Sentinel Ultraviolet (UV) Disinfection Systems at drinking water production plants in the cities of Indianapolis and Fort Wayne, Indiana. Indianapolis will use 12 Sentinel Ultraviolet Disinfection Systems at...
26Jun2011 | 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 rights plan and declared dividend distribution of preferred share purchase rights on each outstanding share...
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 rights plan and declared dividend distribution of preferred share purchase rights on each outstanding share...
12Jun2011 | vitalstocks | 0 comments | Continued(CCC) Calgon Carbon Earnings Report Misses Estimates
Calgon Carbon Corporation (CCC) reported a profit of 15 cents per share in the first quarter of 2011 compared with 17 cents in the year-ago quarter. Reported earnings missed the Zacks Consensus Estimate of 17 cents. Revenues Sales in the quarter increased 20.8% to $124.4 million...
4May2011 | vitalstocks | 0 comments | Continued(MWV) Mixed Results for MeadWestvaco
MeadWestvaco Corporation (MWV) delivered adjusted EPS of 43 cents in its first quarter of 2011, significantly beating the Zacks Consensus Estimate of 23 cents per share and more than three times the EPS of 13 cents in the prior-year quarter. Adjusted EPS in the first quarter...
28Apr2011 | vitalstocks | 0 comments | Continued(AAPL) Company News for September 24, 2010 – Corporate Summary
• Nike (NYSE:NKE) shares ran higher after the close following its report of fiscal first quarter earnings that topped estimates by 13 cents, posting at $1.14 on revenues of $5.2 billion, up 8% from last year and in line with estimates. • Advanced Micro Devices (NYSE:AMD)...
24Sep2010 | vitalstocks | 0 comments | Continued(MWV) MeadWestvaco Misses Earnings Expectations
MeadWestvaco Corp. (MWV) reported fourth-quarter 2009 results before the opening bell today. The company swung to a GAAP net profit from continuing operations of $51 million from a GAAP net loss of $16 million in the year-ago period. Excluding special items, earnings per share...
27Jan2010 | vitalstocks | 0 comments | Continued(DD) A Very Busy Week Ahead – Earnings Preview
Earnings Preview 1/22/10 Next week is the heart of the 4Q09 earnings season. There will be a total of 503 firms reporting including 136 members of the S&P 500, and fully one third of the Dow 30. These will include such bellwethers as DuPont (DD), Johnson & Johnson (JNJ),...
23Jan2010 | 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 cost reduction efforts as well as integration synergies in its industrial packing...
1Nov2009 | vitalstocks | 0 comments | Continued(MWV) MeadWestvaco Corporation Beats Expectations Handily
MeadWestvaco Corporation (MWV) reported solid profit improvement across all of its businesses for the third quarter of 2009. Pre-tax earnings from the company’s business segments increased 43% to $204 million from $143 million in the third quarter of 2008. Third quarter 2009...
28Oct2009 | vitalstocks | 0 comments | Continued(MWV) MeadWestvaco Sells Specialty Papers Business Assets
Packaging solution provider MeadWestvaco Corp. (MWV) recently agreed to sell its Specialty Papers business in South Lee, Massachusetts, to Onyx Specialty Papers Inc. The sale is expected to close in early December. The company said that it will fully exit the Specialty Papers...
16Oct2009 | 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 power...
9Sep2009 | vitalstocks | 0 comments | Continued(IP) Purchasing Managers Index Shows Expansion
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...
1Sep2009 | vitalstocks | 0 comments | Continued(MWV) MeadWestvaco Raises $250 million
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...
19Aug2009 | vitalstocks | 0 comments | Continued(MER) Words from the (investment) wise for the week that was (July 28 – August 3, 2008)
As oil prices seesawed through the past week, fresh uncertainty about the outlook for the beleaguered financial sector triggered another wave of volatility in financial markets. With the exception of Friday, crude prices closed each day with a gain or loss of more than 1%, with...
3Aug2008 | prieur | 0 comments | Continued