MEMPHIS, Tenn. _ International Paper Co. on Thursday reported second-quarter net income of $40 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share. International Paper shares have increased 21 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 6... » Read More
June 30- Superior Plus Corp said it had terminated a C $324 million deal to buy fellow Canadian chemical company Canexus Corp after failing to agree on terms. The scrapping of the deal comes three days after the U.S. Federal Trade Commission opposed the merger, saying the companies were two of the three manufacturers of a chemical needed to whiten wood pulp for...
TORONTO, June 28- Canada's main stock index scored its largest gain in seven weeks on Tuesday, paring some of the losses inflicted in the prior two sessions after Britain's shock vote to leave the European Union as oil rallied and investors sought out bargains. Greater confidence that Brexit-related issues will be dealt with has encouraged investors to look...
TORONTO, June 28- Canada's main stock index rose on Tuesday, paring some of the losses inflicted in the prior two sessions after Britain's shock vote to leave the European Union. The most influential movers on the index included Toronto-Dominion Bank, which rose 1.6 percent to C $55.39, and Suncor Energy Inc, which advanced 2.2 percent to C $35.09.
June 28- Canadian chemical company Canexus Corp said Canada's antitrust regulator had approved its proposed buyout by rival Superior Plus Corp.. Alberta- based Canexus also said on Tuesday that it was in talks with Superior Plus to potentially extend the closure of the deal to allow the Toronto- based company to litigate the action by the U.S. Federal Trade...
June 28- Canadian chemical company Canexus Corp said Canada's antitrust regulator had approved its proposed buyout by rival Superior Plus Corp.. This comes a day after the U.S. antitrust regulator filed a complaint to block the deal, saying the companies were two of the three manufacturers of a chemical needed to whiten wood pulp for paper production.
May 2- Pulp and paper company International Paper Co will buy the pulp business of real estate investment trust Weyerhaeuser Co for $2.2 billion in cash. International Paper said it would buy five pulp mills in Mississippi, Georgia, North Carolina, and Canada's Alberta and two converting facilities in Mississippi and Poland. The deal is part of a strategic...
May 2- Pulp and paper company International Paper Co said it would buy the pulp business of real estate investment trust Weyerhaeuser Co for $2.2 billion in cash.
Diogo Da Silveira, CEO of The Navigator Company, discusses the paper manufacturer's earnings and growth prospects in the economy.
LONDON, April 26- Encouraging company results and firmer oil prices helped European equities to rebound on Tuesday, with pulp and paper maker UPM and oil major BP climbing higher after their better-than-expected reports. "European equity markets are trading moderately higher on positive corporate earnings surprises from several companies," said Markus...
LONDON, April 26- European shares advanced on Tuesday after some encouraging company results, with pulp and paper maker UPM climbing after better-than-expected quarterly profits while BP also rose. The pan-European FTSEurofirst 300 index, which closed 0.6 percent lower in the previous session, was up 0.5 percent in early dealings. Shares in Whitbread, which...
Diogo da Silveira, CEO of Portucel Soporcel, discusses the paper industry and competition with Chinese paper firms in Asia.
Greek newspapers like the Empros daily are running out of paper and could be forced to stop sales altogether until the banks open again.
International Paper on Wednesday reported fourth-quarter earnings of $134 million.
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.