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Paper and Forest Products

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  • Canfor Pulp beats 1Q profit forecasts Tuesday, 28 Apr 2015 | 7:03 PM ET

    Vancouver, British Columbia _ Canfor Pulp Products Inc. on Tuesday reported first-quarter profit of $22.1 million. On a per-share basis, the Vancouver, British Columbia- based company said it had profit of 32 cents. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

  • *UPM-Kymmene, Commerzbank and Geberit among top fallers. LONDON, April 28- European equities fell on Tuesday following some weaker-than-expected corporate updates, with paper maker UPM-Kymmene slipping after results while a new share issue hit Commerzbank. UPM-Kymmene also slumped 8.5 percent, the worst performer on the pan-European FTSEurofirst 300...

  • Weaker UPM-Kymmene leads European shares lower Tuesday, 28 Apr 2015 | 4:53 AM ET

    *UPM-Kymmene, Commerzbank and Geberit top fallers. LONDON, April 28- European equities fell on Tuesday following some weaker-than-expected updates, with paper maker UPM-Kymmene slipping after announcing results and Commerzbank's plan to raise 1.4 billion euros hurting its shares. "We have seen some mixed earnings reports today, however disappointing...

  • ULAN BATOR, April 24- A preliminary examination shows that Jim Doak, a well-known figure in Canada's financial industry who was found dead in his hotel room in Mongolia on Thursday, died of an unspecified illness, local police said on Friday. In a long-awaited decision last month, the international tribunal ordered Mongolia to pay about $100 million to Khan...

  • NEW YORK, March 5- St. Paul- based 3 M Co, one of the world's largest manufacturers and the maker of Post-it notes, will take new steps to ensure that its suppliers of paper, pulp and packaging provide materials that come from sustainably logged timber. The new paper-sourcing policy, aimed at preventing the destruction of fragile forests, comes after pressure on 3 M...

  • International Paper misses 4Q profit forecasts Wednesday, 28 Jan 2015 | 11:32 AM ET
    An International Paper Co. employee stacks corrugated boxes on the floor of the company's factory in Mt. Carmel, Pennsylvania.

    International Paper on Wednesday reported fourth-quarter earnings of $134 million.

  • Jan 26- Packaging companies Rock-Tenn Co and MeadWestvaco Corp agreed to form a combined $16 billion company to take on market leader International Paper Co in the United States and abroad. Shares of MeadWestvaco and Rock-Tenn rose to record highs. MeadWestvaco shareholders will have a 50.1 percent stake in the new company, which will be named before the deal...

  • Stora Enso sells German paper mill to Perusa Partners Saturday, 13 Dec 2014 | 9:35 AM ET

    STOCKHOLM, Dec 13- Finnish paper manufacturer Stora Enso said on Saturday it was selling a loss-making speciality fine paper mill in Germany to a company mainly owned by the private equity fund Perusa Partners Fund 2 for about 7 million euros. Stora Enso will record a loss of 30 million euros, which will show as a non-recurring item in the 2014 fourth-quarter...

  • Trees may be making California's drought worse Friday, 17 Oct 2014 | 11:10 AM ET
    Sierra Nevada Mountains near Lake Tahoe

    Researchers are trying to find out if denser forests in California are soaking up more water and adding to the state's horrible drought.

  • IP CEO investing big in Russia   Friday, 14 Feb 2014 | 6:44 AM ET
    IP CEO investing big in Russia

    From the Olympic Games in Sochi, CNBC's Michelle Caruso-Cabrera talks with John Faraci, chairman & CEO of International Paper, about his company's big stake in Russia's natural resources.

  • Carlyle nears $3B deal for Illinois Tool unit Thursday, 6 Feb 2014 | 5:02 PM ET
    A sign for the Carlyle Group, a private equity firm, in Washington, DC.

    Carlyle Group is close to reaching an agreement to buy Illinois Tool Works Inc's industrial packaging unit for more than $3 billion, sources said.

  • Cramer's Money Tree Stock: Weyerhaeuser   Friday, 3 Feb 2012 | 6:25 PM ET
    Cramer's Money Tree Stock: Weyerhaeuser

    Weyerhaeuser is that rare company for which money does grow in trees, says Mad Money's Cramer, discussing the stock's recent run, and 2.8% yield, with Daniel Fulton, Weyerhaeuser Company CEO, adding "We are more optimistic this year as we head into 2012."

  • Many Unhappy Returns Tuesday, 29 Mar 2011 | 1:59 PM ET
    pile of bills

    Assuming you have been unable to achieve paperless perfection, managing household records can be tricky — never mind, time consuming — business, even for the uber organized.  Follow these rules.

  • Paper and Forest Products Wire Story Sunday, 1 Dec 2002 | 12:00 AM ET