Red Orbit (Free subscription) | 09/04/2008
By MERLE MONAHAN By Merle Monahan Correspondent FRANKLIN International Paper of Franklin has long been recognized as an outstanding environmental steward, having won the Environmental Protection Agency's National Environmental Performance Track Outreach Award in 2005 and 2007 and the Virginia Governor's Environmental Excellence Award in 2006 and 2007.
Seeking Alpha (Free subscription) | 09/04/2008
Stephanie Grimmett submits: Smurfit-Stone Container Corp. (SSCC) was up 30% yesterday on news that its competitor International Paper (IP) pushed through a hike in containerboard prices as of October 1. The new prices, which aren't specified, could triple Smurfit's earnings if they hold through 2009. That would mean earnings as high as $1.50 per share versus. the estimated 45 cents per share right...
Forbes (Free subscription) | 09/04/2008
The paper company is boosting the sector by raising prices to keep up with soaring costs.
Forbes (Free subscription) | 09/03/2008
The paper company boosted the sector after it announced a price hike beginning Oct. 1.
The Memphis Business Journal (Free subscription) | 09/03/2008
International Paper Co. has completed the sale of 13,000 acres of mineral rights to Chesapeake Energy Corp. (NYSE: CHK) for $263 million. (CHK) (WY) (IP)
Market Watch (Free subscription) | 08/29/2008
LONDON (MarketWatch) -- Deutsche Bank downgraded paper producers International Paper Co. and Domtar Corp. to hold from buy, citing a decline in pulp prices as demand has eased. "Historically, pulp has moved ahead of paper prices, but has often set the direction. If pulp prices fall because an easing in the global economy, it follows that paper demand is typically weak and pricing power for paper makers...
PR News Wire (Free subscription) | 08/18/2008
MEMPHIS, Tenn., Aug. 18 /PRNewswire-FirstCall/ -- International Paper (NYSE: ) Chairman and Chief Executive Officer John Faraci will speak at the UBS Global Paper and Forest Products Conference in New York City on Tuesday, Sept. 16, at 9:15 a.m. EDT. Mr. Faraci will discuss the company's global platform businesses. (Logo: ) All interested parties are invited to listen to the webcast live via International...
The Wichita Business Journal (Free subscription) | 08/11/2008
Tennessee-based International Paper last week completed its purchase of the packing and recycling division of a Wichita competitor.
PR News Wire (Free subscription) | 08/07/2008
PITTSBURGH, Aug. 7 /PRNewswire-USNewswire/ -- No former employee in Weyerhaeuser's containerboard packaging business that is represented by the United Steelworkers (USW) will lose their job or see a change in their contract due to the sale of Weyerhaeuser's containerboard packaging and recycling business to International Paper (IP). (Logo: ) "In this age of mergers and acquisitions in the paper...
kansascity.com (Free subscription) | 08/05/2008
International Paper said Monday that it had completed a $6 billion acquisition of a Weyerhaeuser Co. packaging division, which includes a Kansas City, Kan., plant.
The Business Journal of the Greater Triad Aera (Free subscription) | 08/04/2008
Weyerhaeuser Co. has sold its containerboard packaging and recycling business to International Paper Co. for $6 billion. The cash deal includes Weyerhaeuser's packaging plants in Charlotte and Newton as well as a recycling operation, bag and sack location and specialty-packaging facility in Charlotte. (WY) (IP)
The Charlotte Business Journal (Free subscription) | 08/04/2008
Weyerhaeuser Co. has sold its containerboard packaging and recycling business to International Paper Co. for $6 billion. The cash deal includes Weyerhaeuser’s packaging plants in Charlotte and Newton as well as a recycling operation, bag and sack location and specialty-packaging facility in Charlotte. (WY) (IP)
The Portland Business Journal (Free subscription) | 08/04/2008
Forest products company Weyerhaeuser has completed the sale of its containerboard packaging and recycling business to International Paper for $6 billion in cash. (WY) (IP)
The Puget Sound Business Journal (Free subscription) | 08/04/2008
Forest products company Weyerhaeuser has completed the sale of its containerboard packaging and recycling business to International Paper for $6 billion in cash. (WY) (IP)
The Memphis Business Journal (Free subscription) | 08/04/2008
International Paper Co. announced Monday the company has completed the acquisition of Weyerhaeuser's containerboard, packaging and recycling business for approximately $6 billion in cash. (IP)
