May 2- International Paper Co:. *CEO john faraci tells Reuters "there's room for" dividend increase. *CEO says will talk with board "later in the year" about dividend increase.
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.
The groups are lobbying Congress to pass legislation introduced in the House of Representatives compelling the Postal Service to continue its six-day mail delivery service. The Postal Service said on Feb. 6 it plans to drop Saturday delivery of first-class mail beginning in August, a move intended to save it $2 billion annually.
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.
*Manufacturing output data trails market expectations. SANTIAGO, Dec 28- Chilean manufacturing output grew a weaker-than-expected 0.8 percent in November from a year earlier, dampened by sluggish external demand and fewer working days, the state statistics agency said on Friday.
*Manufacturing output data trails market expectations. SANTIAGO, Dec 28- Chilean manufacturing output grew a weaker-than-expected 0.8 percent in November from a year earlier, dampened by sluggish external demand and fewer working days, the state statistics agency said on Friday.
President Barack Obama "essentially fired" Fed Chairman Ben Bernanke in televised remarks this week, former Federal Reserve Governor Laurence Meyer says.
Tuesday, 18 Jun 2013 | 6:00 PM ETHow to approach the Fed's monetary decision, with Mad Money host Jim Cramer.
Tuesday, 18 Jun 2013 | 12:01 PM ETThe Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.