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MeadWestvaco Corp

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  • NYSE stocks posting largest volume increases Monday, 26 Jan 2015 | 6:04 PM ET

    NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. AXIS Capital Holdings Ltd.: Approximately 3,559,100 shares changed hands, a 529.4 percent increase over its 65- day average volume. The shares rose $2.81 or 5.7 percent to $52.14.

  • Ocwen and Mattel are big market movers Monday, 26 Jan 2015 | 4:32 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Ocwen Financial Corp., up 56 cents to $6.91. HCA Holdings Inc., up $4.36 to $73.

  • *Rock-Tenn and MeadWestvaco rally on merger deal. *D.R. Horton up after results, lifting homebuilders. "There was a lot of trepidation in the market going into the Greek election... but by this morning the Syriza win was priced into the market already," said Robert Francello, head of equity trading for Apex Capital in San Francisco.

  • *Rock-Tenn and MeadWestvaco rally, set to merge. In deal news, Rock-Tenn Co and MeadWestvaco Corp said they would combine to form a packaging company worth $16 billion, with MeadWestvaco shareholders owning a majority stake. Rock-Tenn shares jumped 6.7 percent to $67.19 while MeadWestvaco rose 14.5 percent to $51.59 as the S&P 500' s biggest percentage gainer.

  • NYSE stocks posting largest percentage increases Monday, 26 Jan 2015 | 1:53 PM ET

    NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:. Post Holdings Inc. rose 17.8 percent to $48.83. MeadWestvaco Corp. rose 14.0 percent to $51.35.

  • 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...

  • *Rock-Tenn and MeadWestvaco rally, set to merge. NEW YORK, Jan 26- U.S. stocks were little changed on Monday after a decisive Greek election victory by the Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece leaving the bloc was considered remote. The leftist Syriza party looked set to take on Greece's...

  • US STOCKS-Wall Street lower after Greek elections Monday, 26 Jan 2015 | 9:56 AM ET

    *Rock-Tenn and MeadWestvaco rally, set to merge. NEW YORK, Jan 26- U.S. stocks fell on Monday after a decisive Greek election victory by the Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece leaving the bloc was considered remote. The leftist Syriza party looked set to take on Greece's international lenders, with...

  • *Rock-Tenn and MeadWestvaco rally, set to merge. NEW YORK, Jan 26- U.S. stock index futures pointed to a flat open Monday after a decisive Greek election victory by the Syriza party spurred concern over fresh instability in the euro zone, though the possibility of Greece leaving the bloc was considered remote. While Greece is a relatively small economy that the...

  • US STOCKS-Futures edge lower after Greek elections Monday, 26 Jan 2015 | 7:53 AM ET

    *Rock-Tenn and MeadWestvaco to merge. NEW YORK, Jan 26- U.S. stock index futures dipped on Monday after a victory by the leftist Syriza party in Greece raised concerns about new instability in the euro zone. Last week's larger-than-expected stimulus program announced by the European Central Bank could offset some concerns over Greece.

  • US STOCKS-Futures drop on concerns over Europe Monday, 26 Jan 2015 | 7:08 AM ET

    *Rock-Tenn and MeadWestvaco to merge. NEW YORK, Jan 26- U.S. stock index futures dipped on Monday after a victory by the leftist Syriza party in Greece raised concerns about new instability in the euro zone. *The party looked set to take on Greece's international lenders, with leader Alexis Tsipras pledging to end five years of austerity and renegotiate Greece's...

  • Jan 26- Packaging companies Rock-Tenn Co and MeadWestvaco Corp said they would combine to form a company worth $16 billion, with MeadWestvaco shareholders owning a majority stake. In the new company, which will be named after the deal closes, MeadWestvaco shareholders will have a 50.1 percent stake, while Rock-Tenn shareholders will hold the rest.

  • Packaging companies Rock-Tenn, MeadWestvaco to merge Monday, 26 Jan 2015 | 6:26 AM ET

    Jan 26- Packaging companies Rock-Tenn Co and MeadWestvaco Corp said they would combine to form a company worth $16 billion, with MeadWestvaco shareholders owning a majority stake.

  • RICHMOND, Va.— Rock-Tenn and MeadWestvaco will join forces to create a $16 billion global packaging company, driving down its own costs and possibly gaining the scale to better dictate prices. The new company, which had not been named as of Monday, will have combined sales of $15.7 billion and its board will include eight directors from Rock-Tenn and six directors...

  • MeadWestvaco tops Street 4Q forecasts Monday, 26 Jan 2015 | 6:08 AM ET

    RICHMOND, Va. _ MeadWestvaco Corp. on Monday reported fourth-quarter earnings of $53 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. MeadWestvaco shares have risen 1.5 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • U.S. stocks eked out tiny gains on Monday after spending much of the day drifting sideways. Traders welcomed news of several corporate mergers, including an $11 billion deal between reinsurers Axis Capital Holdings and PartnerRe. "Greece was the big driver," said Chris Gaffney, a senior market strategist at EverBank Wealth Management.

  • MeadWestvaco to sell European tobacco carton business Thursday, 22 Jan 2015 | 12:07 PM ET

    RICHMOND, Va.— Packaging company MeadWestvaco Corp. is selling its European-based tobacco folding carton business. MeadWestvaco says the business has annual revenue of about $190 million. Earlier this month, MeadWestvaco announced plans to spin off its specialty chemicals business into a separate, publicly traded company.

  • Instant analysis: Trading the monster GDP beat Tuesday, 23 Dec 2014 | 9:13 AM ET

    Here are the best day and month trades for a GDP revision that beat expectations.

  • This young gun says he has a $50 billion idea Wednesday, 16 Jul 2014 | 3:03 PM ET
    Joshua Birnbaum

    The young guns are out and they're looking to bag some big investing game.

  • Severe weather prompts big companies to change Tuesday, 10 Jun 2014 | 1:46 PM ET
    Lake Cachuma, the primary source of drinking water along California's Central Coast, has dropped 50 feet and is at 35 percent capacity.

    Some S&P 500 companies in conservative states already are managing weather shifts, according to a new report. Inside the climate change fight.