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Paper Packaging

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  • PRESS DIGEST - Hong Kong - May 7 Monday, 6 May 2013 | 10:18 PM ET

    HONG KONG, May 7- These are some of the leading stories in Hong Kong newspapers on Tuesday. --Next Media Ltd, owned by Hong Kong media mogul Jimmy Lai, expects a substantially bigger loss for the year to March, mainly due to operating losses incurred on the group's Taiwanese television and multimedia operations and its Hong Kong free newspaper Sharp Daily.

  • **APPLE INC, $447.94, up 2 pct. William Blair& Co analyst Anil Doradla said the bond oversubscription showed investor confidence in Apple, adding that shareholders will get these benefits, and that capital allocation is driving the shares up. **AVEO PHARMACEUTICALS INC, $2.69, down 49 pct.

  • **GENERAL MOTORS CO, $31.5, up 4 pct. **VISA INC, $170.8, up 3 pct. **FACEBOOK INC, $28.17, up 3 pct.

  • Wall Street was set to open slightly higher Thursday as an interest rate cut from the European Central Bank and better-than-expected weekly jobless claims data in the U.S. boosted investors' appetite for risky assets. **GENERAL MOTORS CO, Wednesday close $30.18, up 4 pct premarket. **VISA INC, Wednesday close $166.02, up 3 pct premarket.

  • U.S. stocks extended their advance on Thursday, with the Nasdaq Composite up 1 percent, led by gains in shares of Apple and Gilead Sciences. **GILEAD SCIENCES INC, $52.88, up 5 pct.

  • Smurfit Kappa Raises Dividends  Wednesday, 6 Feb 2013 | 2:30 AM ET

    Gary McGann, CEO of Smurfit Kappa Group, talks about the challenges in the packaging business but said there would be ebbs and flows throughout the year.

  • Jan 29- International Paper Co posted better-than-expected quarterly profit on Tuesday as strong sales of corrugated boxes offset weakness in the consumer packaging unit.

  • Dec 13- International Paper Co is selling its building products unit to Georgia-Pacific LLC for $750 million cash, a move designed to sharpen focus on its massive packaging business.

  • DS Smith CEO: We Are Growing Very Nicely   Thursday, 6 Dec 2012 | 2:00 AM ET

    Miles Roberts, CEO of packaging company, DS Smith, tells CNBC that the companies strong earnings are due to investment, innovation and acquisitions they have made.