Paper Packaging

Goldman Sachs recently met with the Graphic Packaging (NYSE: GPK) management team. “The meeting reinforced our constructive view on the US boxboard market, and we continue to believe that higher US boxboard prices will be sustainable through 2012 given backlogs stand above historical average...

Temple-Inland (NYSE: TIN) is meeting with company shareholders to discuss the International Paper (NYSE: IP) offer. International Paper made an offer that valued Temple-Inland at $30.60 per share. Shares have dipped below that offer. CNBC's Kayla Tausche was the first to report the news.

According to J.P. Morgan, Boise (NYSE: BZ) held management meetings. J.P. Morgan said that it recently met with management in the Northeast/Mid-Atlantic; and, from its perspective, uncertainty seems to be the name of the game right now, with capital allocation and the OMX contract currently the...

Cusick's Corner Lately I have had a new mantra, "Be an Optimist." However, there is not much on the financial landscape that makes me feel that way, nothing. But I remind myself that emotion is the very thing trading is all about. There are strategies that play to this very mood, .i.e. bearish...

Goldman Sachs is downgrading shares of Bemis Company, Inc. (NYSE: BMS) to Sell, and is lowering its price target to $33 from $35. In a note to clients, Goldman writes, "We downgrade BMS shares to Sell from Neutral on less upside to our price target for BMS vs. our coverage (1% vs. 17%). We...

Zion Oil & Gas Inc (NASDAQ: ZN) dipped 5.87% to $6.57 in the pre-market session. ZN's trailing-twelve-month ROE is -64.95%. Gilead Sciences Inc (NASDAQ: GILD) dropped 3.31% to $38.90 in the pre-market trading. GILD reported that it has received a subpoena from the US Justice Department...

Below are the top small-cap paper & paper products stocks on the NYSE, the NASDAQ and the AMEX in terms of PEG ratio Orient Paper Inc (AMEX: ONP) has a PEG ratio of 0.12. ONP's trailing-twelve-month ROE is 20.76%. Xerium Technologies Inc (NYSE: XRM) has a PEG ratio of 0.29. XRM's trailing-...

Miller Tabak & Co upgraded Bob Evans Farms Inc (NASDAQ: BOBE) from “hold” to “buy.” BOBE's shares closed at $32.91 yesterday. Bob Evans farms' trailing-twelve-month revenue is $1.70 billion. Analysts at Citigroup upgraded Old Dominion Freight Line Inc (NASDAQ: ODFL) from “hold” to “buy.” ODFL'...

Pre-open movers US stock futures are higher this morning, as investors are awaiting trade and jobless claims data. Futures on the Dow Jones Industrial Average gained 27 points to 12,057.00 and futures on the S&P 500 stock index rose 3.60 points to 1,280.60. Nasdaq 100 futures surged 4.75 points...

According to Jefferies, Sealed Air Corp (NYSE: SEE) is upgraded to Buy. Jefferies said that while SEE is in the penalty box for the Diversey acquisition, it feels it's a good business and the transaction is highly accretive. “SEE is trading at 7.2x 2011E EV/EBITDA and 13.6x 2011E P/E. On a 2012 PF...

Jefferies & Company has upgraded Sealed Air Corporation (NYSE: SEE) from Hold to Buy and has raised the price target from $25 to $29.

One Options Trading Investor Scored Big (Benzinga) It has been recently noted that one options trading investor may have earned a 267% return after International Paper (NYSE: IP) bid $30.60 a share to purchase Temple-Inland (NYSE: TIN). Specifically and on May 25, the options trading investor...

Jefferies is adjusting its estimates, but maintaining both its Buy rating and its $6.50 price target on Graphic Packaging Holding Co. (NYSE: GPK) following the company's recent acquisition. According to Jefferies, “We are raising our estimates for 2011 and 2012 now that the Sierra Pacific...

Below are the top mid-cap packaging & containers stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Crown Holdings Inc (NYSE: CCK) is 110.91%. CCK's revenue for the same period is $8.05 billion. The trailing-twelve-month return on...

CNBC Fast Money's Brian Kelly said on the show that investors can stay long iShares Barclays 20+ Year Treasury Bond (ETF) (NYSE: TLT). He thinks that interest rates are going to stay low. iShares Barclays 20+ Year Treasury Bond (ETF) (TLT) gained 0.46% today, and it closed at $96.04. Guy Adami...