WASHINGTON, Feb 26- Oil companies handling volatile fuel out of North Dakota's energy patch must consider the dangers of flammable gas carried in the kind of oil-by-rail shipments involved in a string of fiery derailments, a U.S. regulator said on Wednesday.» Read More
Oct 24- International Paper Co said on Thursday its quarterly profit rose 61 percent, helped by strong sales of corrugated packaging for shipping boxes. For the third quarter, the company posted net income of $382 million, or 85 cents per share, compared with $237 million, or 54 cents per share, in the year-ago period. Revenue rose 5 percent to $7.41 billion.
*Citigroup profit hit by bond trading slowdown, but shares rebound. The White House and Senate rejected the House's latest offer. "The expectation is that stocks will sink a little lower as the House takes more and more time to figure things out," said John Brady, managing director at R.J. O'Brien& Associates in Chicago.
WASHINGTON, Oct 9- A month before election day, environmentalists urged biotechnology companies and a food industry group to stop pouring money into a campaign against a proposed food-labeling law in Washington state. In that case, groups opposed to labeling, including Monsanto Co and PepsiCo, spent about $46 million on an advertising blitz.
Sept 24- One of Boise Inc's largest shareholders doesn't plan to vote for the paper and packaging company's $1.28 billion takeover by rival Packaging Corp of America and said Boise should spin-off its paper business instead.
**BLACKBERRY LTD, $10.66, up 3.4 pct. **COTY INC, $15.56, down 4 pct. **ORBITAL SCIENCES CORP, $21.10, up 5 pct.
*Packaging Corp offers $12.55/ share. *Packaging Corp to assume $714 mln of Boise's debt. The deal will secure badly needed production capacity for Packaging Corp, the fourth-largest maker of containerboard and corrugated packaging in the United States, at a time when the industry is consolidating.
*Packaging Corp offers $12.55/ share. *Boise shares trading at $12.53, Packaging Corp shares jump 10 pct. Packaging Corp, the fourth-largest maker of containerboard and corrugated packaging products in the United States, said it would assume Boise's $714 million debt.
Sept 16- Packaging Corp of America said it would acquire smaller rival Boise Inc for about $1.28 billion to increase its container board capacity. Packaging Corp's offer of $12.55 per share represents a premium of 26 percent to Boise's Friday close. Boise shares were trading at $12.75 in premarket trading on the New York Stock Exchange.
Nils Andersen, CEO of A.P. Moller-Maersk, tells CNBC that the second quarter has been quite tough, both in terms of rates and volumes but they have increased their competitiveness.
Could Styrofoam containers get 86'd from the menu of takeout food options in the nation's biggest city?
Nils Smedegaard Andersen, group CEO at A.P. Moller - Maersk, tells CNBC that they see a gradual stabilization in Europe with the poltical tendencies going in the right direction.
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.
Gerry Wang, CEO, Seaspan explains his company's business model to CNBC. He adds that the average lease on one of its ships is for 10-12 years.
Hans Kristian Rausing, who inherited a fortune made from drink containers, is being held in a death called "unexplained."
Tim Smith, North Asia CEO, Maersk Line says that revenue has rebounded in the current quarter and that there is an industry wide trend to reduce container capacity, which should help the sector.
Tim Ross, Head of Asia Pacific Transport Research, Asia, Credit Suisse says he is overweight the shipping industry, adding that the sector will benefit from recent hikes in freight rates.
Insight on Port of Miami preparing for shipments via the Panama Canal in 2014, with Bill Johnson, Port of Miami, who shares the port's plans to generate 30,000 new permanent jobs; with Gov. Rick Scott (R-FL).
Packaging company DS Smith will transform itself into Europe’s second biggest company in its sector with an ambitious 1.4 billion pounds ($2.04 billion) takeover of SCA Packaging.
Packaging company offers value ahead of a company split, says 'Mad Money' host.
Mad Money's Cramer says MeadWestvaco has yet to do something since its split was announced, but that means the stock could be a real bargain here, and explains why investors may want to buy.