Paper Packaging

BJ's Wholesale Club Inc (NYSE: BJ) is projected to report its Q4 EPS at $0.92 on revenue of $2.98 billion. Staples Inc (NASDAQ: SPLS) is projected to report its Q4 EPS at $0.40 on revenue of $6.48 billion. Collective Brands Inc (NYSE: PSS) is expected to post a Q4 loss at $0.19 per share on...

RockTenn (NYSE: RKT) announces today a $45 per ton price increase on Millennium® grades of 100% high strength recycled paperboard. Price increases are effective with shipments on April 1, 2011.

Graphic Packaging Holding Company (NYSE: GPK) today reported Net Income for fourth quarter 2010 of $19.6 million, or $0.06 per share based upon 348.8 million weighted average diluted shares. This compares to fourth quarter 2009 Net Income of $31.8 million, or $0.09 per share based upon 346.5...

J.P. Morgan is out with its report today on Boise (NYSE: BZ), reiterating Overweight. In a note to clients, J.P. Morgan writes, "Following up on our alert, the incremental color from the BZ/Tharco conference call was positive, in our view. The multiple on the deal looks reasonable to us (5.7x...

UFP Technologies, Inc. (Nasdaq: UFPT) today reported net income of $9.2 million or $1.37 per diluted common share outstanding for its fiscal year ended December 31, 2010, 56% higher than net income of $5.9 million or $0.94 per diluted common share outstanding for its 2009 fiscal year. Sales for...

Boise (NYSE: BZ) announced that it has agreed to acquire Tharco Packaging, Inc., for $200 mn in an all-cash transaction that BZ expects will close in early March 2011. BZ expects the acquisition will be accretive in the first year. Tharco operates three business segments: corrugated converting,...

Packaging Corporation of America (NYSE: PKG) announced today that it intends to increase the quarterly cash dividend on its company stock from an annual payout of $0.60 per share to $0.80 per share. The first quarterly dividend of $0.20 per share will be paid on April 15, 2011 to shareholders of...

Analysts at JP Morgan initiate coverage of Rock-Tenn Company (NYSE: RKT) with a “neutral” rating. The target price for RKT is set to $81. RKT shares fell 0.78% to close at $72.23 yesterday. More Analyst Ratings here

Shares of Sealed Air Corporation (NYSE: SEE) are lower on the session by 0.20%, currently trading at $28.46. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...

Sonoco (NYSE: SON) today reported improved 2010 fourth quarter and strong full-year results. Fourth quarter 2010 GAAP earnings per diluted share were $.33, compared with $.46 in 2009. Fourth quarter 2010 GAAP results include after-tax charges of $.31 per diluted share related to a debt tender...

Temple-Inland Inc. (NYSE: TIN) today reported net income in 2010 of $168 million, or $1.52 per diluted share, compared with net income of $206 million, or $1.89 per diluted share, in 2009. Excluding special items, net income in 2010 was $100 million, or $0.90 per diluted share, compared with $78...

Shares of Temple-Inland Inc. (NYSE: TIN) are lower on the session by 0.16%, trading at $24.36. Overall put volume is now running at 6.23x the daily average, with 7% of all puts traded being purchases on the offer. 1,015 contracts have traded on the session so far. Temple-Inland Inc. manufactures...

RockTenn (NYSE: RKT) and Smurfit-Stone Container Corporation (NYSE: SSCC) announced today that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the previously announced acquisition of...

I have written updates the past 2 months on a screen I call "High Yield Stocks with Staying Power".  The screen will now be tracked publicly as a continuous hypothetical portfolio with a starting balance of $100,000 on Scott's Investments (see the right hand column for a portfolio titled "High...

The Board of Directors of Temple-Inland Inc. (NYSE: TIN) today declared a regular quarterly dividend of $0.13 per common share, payable March 15, 2011, to shareholders of record March 1, 2011. This represents an 18 percent increase in the regular quarterly dividend.