PORTLAND, Maine— Recent court filings have revealed the depths of Great Northern Paper Co.' s financial hole. The Portland Press Herald reports that the company, managed by New Hampshire- based private equity firm Cate Street Capital, has roughly $28 million in assets, but has liabilities of slightly more than $65 million. The two largest secured creditors—...» Read More
April 30- International Paper Co posted a higher-than-expected quarterly profit on Wednesday due to rising North American demand for its corrugated shipping boxes. IP, which has a large joint venture in Siberia, is closely monitoring the tension between Russia and the Ukraine, but so far has taken no action.
April 30- International Paper Co, the largest North American producer of corrugated shipping boxes, posted a quarterly loss on Wednesday due to charges to close an Alabama paper mill. The company had a first-quarter net loss of $95 million, or 21 cents per share, compared with net income of $318 million, or 71 cents per share, in the year-ago period.
Glatfelter CEO Dante Parrini provides insight on the company's transition into the single-serve coffee market, and how competitive its business is.
Glatfelter CEO Dante Parrini helps the "Squawk Box" crew understand how the paper for the Swiffer is made.
It's tough to produce profits in China, says John Faraci, International Paper chairman & CEO, explaining why his company is looking to find growth in Russia.
Howard Stern was right: Wet wipes may be the next big thing in male grooming. Dollar Shave Club introduces a toilet paper alternative.
A move by China's Ping An Bank to ban its regional branches from approving mortgages may signal that Beijing is set to tighten controls on the property market to calm prices.
John Faraci, Chairman & CEO of International Paper, breaks down the paper company's better-than-expected fourth quarter numbers and discusses where he see growth opportunites.
James Hirschfeld,and Alexa Hirschfeld, Paperless Post, discuss why the e-card powerhouse is going back to paper cards.
Entrepreneurs Jordan and Bryan Silverman have turned men's penchant for bathroom reading into a unique new business. Do they actually have customers?
We pulled together a list of Cramer's favorite dividend plays. Read on and pick one or two for your portfolio. They could offer just the kind of defense that you need.
The "Mad Money" host shares his earnings expectations for International Paper, Procter & Gamble and V.F. Corp.
IP Chairman and CEO John Faraci talks to Cramer about the company’s growth and its pending merger with Temple-Inland.
We pulled together a list of Jim Cramer's favorite dividend plays. Read on and pick one or two for your portfolio.
Despite being rebuffed in its initial efforts, CEO John Faraci said IP will push forward with the deal.
Making a case for Weyerhaeuser, with David Barse, Third Avenue Management.