Paper and Forest Products
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May 2- International Paper Co, the largest producer of corrugated boxes in North America, posted a lower-than-expected quarterly profit on Thursday due to weak demand for food packaging and printing paper.
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May 2- International Paper Co, the largest producer of corrugated boxes in North America, posted a lower-than-expected quarterly profit on Thursday due to weak demand for food packaging and printing paper.
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May 2- International Paper Co, the largest producer of corrugated boxes in North America, said Thursday that its quarterly profit more than doubled on higher selling prices to customers. The company posted first-quarter net earnings of $318 million, or 71 cents per share, compared with $188 million, or 43 cents per share, in the same quarter last year.
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May 1- Resolute Forest Products Inc:. *Canaccord Genuity raises target price to $15 from $14; rating hold. Reuters Station users, click. 1568.
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rose 0.17 percent and the Nasdaq Composite Index gained 0.58 percent. **APPLE INC, $442,5, up 3 pct. **TRANSITION THERAPEUTICS INC, $3.27, up 45 pct.
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April 26- Resolute Forest Products Inc:. *Prices $600 million senior notes offering. *Priced the offering of $600 million aggregate principal amount of its senior.
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*Amazon weighs on S&P after results; Chevron helps Dow. Amazon.com Inc tumbled after results, pressuring both the S&P 500 and Nasdaq, though gains at Hewlett-Packard Co and Chevron Corp kept the Dow in modestly positive territory.
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*Amazon drags S&P, Nasdaq after results. "What we are going to do is just average the fourth quarter and the first quarter and take a look and see the economy is growing way underneath its potential growth rate which keeps the Fed in play to do more quantitative easing," said John Canally, investment strategist and economist for LPL Financial in Boston.
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**PFIZER INC, $29.02, down 4.1 pct. **APPLE INC, $409.46, down 0.3 pct. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
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**APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
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*Starbucks slips in premarket after results. "What we are going to do is just average the fourth quarter and the first quarter and take a look and see the economy is growing way underneath its potential growth rate which keeps the Fed in play to do more quantitative easing," said John Canally, investment strategist and economist for LPL Financial in Boston.
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**APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
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**PFIZER INC, Thursday close $30.26, down 3 pct premarket. **APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
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*Starbucks slips in premarket after results. NEW YORK, April 26- U.S. stock index futures dipped on Friday, indicating the S&P 500 may snap a five-day winning streak ahead of data on the pace of economic growth and consumer sentiment.
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**ABBVIE INC, Thursday close $44.24.
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*Starbucks slips in premarket after results. *Starbucks Corp slipped 3 percent to $58.70 in light premarket trading after the world's biggest coffee chain posted a quarterly profit that matched Wall Street estimates but posted revenue that was slightly below expectations.
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*Reports preliminary first quarter 2013 financial results. *Q1 earnings per share $1.29* Q1 sales $1.35 billion. *Says "expect continued momentum in pulp markets with moderate improvement in.
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NEW YORK, April 15- Once named Canada's "Stockpicker of the Decade" by fund tracker Morningstar, Francis Chou now runs the top-performing bond fund in the United States.
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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.
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Jan 25- Weyerhaeuser Co, a century-old producer of forest products, reported its highest revenue in more than four years, adding heft to recent government data showing that a recovery in the U.S. housing market has taken hold.