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Avery Expands Indian Facility - Analyst Blog
Monday, November 29, 2010 - 11:16am | 715Avery Dennison Corporation (AVY) has expanded its facility in Pune, India that produces pressure-sensitive materials for labeling and packaging. With this expansion, the company's investment in India has reached the $50 million mark. The Pune facility, commissioned in 2008, is geared for...
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Benzinga's Top Downgrades (TIN, FRO, UDR, MTU)
Monday, November 29, 2010 - 8:18am | 148Temple-Inland Inc (NYSE: TIN) was downgraded by Goldman Sachs from "buy" to "neutral." TIN's stock closed at $21.59 on Friday. Temple-Inland's 52-week trading range is $15.46-$24.73 Frontline Ltd (NYSE: FRO) was downgraded by Deutsche Bank from "buy" to "hold." FRO's shares closed at $26.05 on...
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Temple-Inland Downgraded To Neutral By Goldman Sachs
Monday, November 29, 2010 - 8:15am | 158Goldman Sachs has published a research report on Temple-Inland Inc. (NYSE: TIN) and has downgraded the company from Buy to Neutral. In the report, Goldman Sachs writes "We downgrade Temple-Inland (TIN) shares to Neutral from Buy as we see more compelling risk/reward for Smurfit-Stone (SSCC). We see...
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Goldman Sachs Downgrades TIN To Neutral
Monday, November 29, 2010 - 7:45am | 41Analysts at Goldman Sachs downgrade Temple-Inland Inc (NYSE: TIN) from "buy" to "neutral." TIN's shares lost 1.05% to close at $21.59 on Friday. More Analyst Ratings here
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Company News for November 24, 2010 - Corporate Summary
Wednesday, November 24, 2010 - 9:30am | 777• Eli Lilly (NYSE: LLY) received FDA approval for its topical solution drug Axiron, for testosterone replacement therapy in men • Tiffany (NYSE: TIF) reported estimate-beating third quarter earnings of $0.43 a share, ahead of Zacks projections of $0.37, on a 14% revenue jump to $681.7 million that...
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Bemis Company Initiated At Neutral
Wednesday, November 24, 2010 - 7:09am | 156Goldman Sachs has published a research report on Bemis Company (NYSE: BMS) and has initiated coverage at Neutral. In the report, Goldman Sachs writes "We initiate coverage of Bemis (BMS), a multinational flexible packaging producer, with a Neutral rating and 12 month $35 price target. That being...
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Company News for November 24, 2010 - Corporate Summary
Wednesday, November 24, 2010 - 4:15am | 777• Eli Lilly (NYSE: LLY) received FDA approval for its topical solution drug Axiron, for testosterone replacement therapy in men • Tiffany (NYSE: TIF) reported estimate-beating third quarter earnings of $0.43 a share, ahead of Zacks projections of $0.37, on a 14% revenue jump to $681.7 million that...
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Mad Money Lightning Round: Cramer Likes Tiffany & Co (SWKS, PKG, IP, ETP, EPD, TIF, COH, JWN)
Wednesday, November 24, 2010 - 3:25am | 195On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he continues to like Skyworks Solutions (NASDAQ: SWKS), “but we have a big gain and I would take something off the table. Let's take some profits." For Packaging Corp of America (NYSE: PKG), he said, "I like the packaging stocks a...
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Options Brief: Temple-Inland Inc. (TIN)
Monday, November 22, 2010 - 10:21am | 81Shares of Temple-Inland Inc. (NYSE: TIN) are higher on the session by 5.17%, trading at $21.16. Overall call volume is now running at 9.70x the daily average, with 50% of all calls traded being purchases on the offer. 5,169 contracts have traded on the session so far. Temple-Inland Inc....
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Top 4 Mid-Cap Stocks In The Paper & Paper Products Industry With The Highest Cash (FBR, SPP, UFS, SON)
Friday, November 19, 2010 - 3:15am | 148Below are the top mid-cap paper & paper product stocks on the NYSE and the NASDAQ in terms of cash. Fibria Celulose SA (NYSE: FBR) had $1.22 billion in total cash and $6.26 billion in total debt for the latest quarter. Sappi Limited (NYSE: SPP) had $792.00 million in total cash for the latest...
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Jefferies Modestly Negative On Bemis (BMS)
Wednesday, November 10, 2010 - 7:37am | 147Jefferies & Co. is modestly negative on Bemis Company, Inc. (NYSE: BMS), as it sees polyethylene prices impacting 2011 guidance. It has a Hold rating on shares. In a report sent to clients, Jefferies writes, "Bemis and Sealed Air are both large resin users (30 -35% of COGS), with PE...
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Market Roundup (CROX, PETD, RKT)
Monday, November 8, 2010 - 12:41pm | 195Shares of Crocs Inc (NASDAQ: CROX) jumped about 7.8% after around three analysts lifted their price targets on Crocs, since the company reported its quarterly results on November 4. CROX shares have advanced 151.48% so far this year. Shares of Petroleum Development Corp (NASDAQ: PETD) gained about...
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Rock-Tenn Company Dropping Sharply (RKT)
Monday, November 8, 2010 - 9:47am | 41Shares of Rock-Tenn Company (NYSE: RKT) are dropping sharply today, down more than 4% in early Monday trading. Rock-Tenn Company manufactures and sells packaging products, recycled paperboard, containerboard, bleached paperboard, and merchandising displays worldwide.
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Temple-Inland Inc. Announces Quarterly Cash Dividend of $.11
Friday, November 5, 2010 - 1:48pm | 34The Board of Directors of Temple-Inland Inc. (NYSE: TIN) today declared a regular quarterly dividend of $0.11 per common share, payable December 15, 2010, to shareholders of record December 1, 2010.
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UFP Technologies Announces Q3 EPS of $.35
Wednesday, November 3, 2010 - 7:38am | 149UFP Technologies, Inc. (Nasdaq: UFPT) today reported net income of $2.4 million or $0.35 per diluted common share outstanding for its third quarter ended September 30, 2010, compared to $2.1 million or $0.34 per diluted common share outstanding for the same period in 2009. Operating income...