On Tuesday, investors gave earnings from International Paper a Bronx cheer, with shares declining about 1.5 percent after the release.» Read More
July 29- International Paper Co, the largest corrugated box maker in North America, posted a higher-than-expected profit on Tuesday, citing slowly returning demand in the United States and Europe. For the second quarter, the company posted net income of $161 million, or 37 cents per share, compared with $259 million, or 57 cents per share, a year earlier.
The activist investor reported a 5.6 percent stake in MeadWestvaco and said the packaging materials maker's stock was "deeply undervalued."
June 2- Activist investor Starboard Value LP reported a 5.6 percent stake in MeadWestvaco Corp and said the packaging materials maker's stock was "deeply undervalued".
The "Fast Money" traders share their final trades of the day.
MOSCOW/ LONDON, May 13- Around a dozen chief executives and chairmen of major U.S. and European corporations have withdrawn from an economic conference in Russia as pressure between Moscow and the West grows over the crisis in Ukraine.
MOSCOW/ LONDON, May 13- Around a dozen chief executives and chairmen of major U.S. and European corporations have pulled out of an economic conference in St Petersburg as pressure between Russia and the West grows over the crisis in Ukraine.
MOSCOW, May 7- Western investors from a bank to a brewer reported trouble in their Russian operations on Wednesday due to the Ukraine crisis, while the Kremlin suggested Washington was trying to sabotage President Vladimir Putin's flagship economic forum.
NEW YORK, May 6- International Paper Co Chief Executive John Faraci will not attend the annual St. Petersburg International Economic Forum later this month in Russia and will send deputies instead, according to a source close to the company. The White House has encouraged U.S. business leaders not to attend, citing Russia's involvement in Ukraine.
Wall Street has its eye on the Federal Reserve's meeting, but a slew of data is likely to have more influence on stocks Wednesday.
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.
International Paper chief John Faraci tells CNBC that's only for January and part of February.
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.
Some of the names on the move ahead of the open.
Talking Squawk, the "Squawk Box" blog, provides tidbits, insights and sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
The U.S. economy is being held back by the uncertainty of consumers, International Paper Chairman and CEO John Faraci tells CNBC.
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.
Cramer says some stocks tied to global growth should not be sold, despite the rotation in the market.
International Paper Chairman and CEO John Farac says his company is looking to continually innovate, and discusses McDonald's announcement it is moving to paper from foam products and the company's growth.
Take a look at some of Thursday midday movers: