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WY Sells Railroad Assets to Patriot - Analyst Blog
Thursday, January 6, 2011 - 3:49pm | 492Weyerhaeuser Co. (WY) recently sold off its six short line railroads to Patriot Rail Corp, a privately-held short line and regional freight railroad holding company. The transaction was made effective from December 30, 2010. The assets under consideration, operate over 160 miles of track in...
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SWM Reports Progress With European Agreements
Wednesday, January 5, 2011 - 4:33pm | 71SWM (NYSE: SWM) today announced progress in securing multi-year customer agreements and is on pace to supply its proprietary Alginex low ignition propensity cigarette paper to meet approximately 40% of the needs of the European Union market. The expected EU agreements, coupled with customer...
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Top 4 Mid-Cap Stocks In The Packaging & Containers Industry With The Highest Cash (MWV, SEE, OI, SSCC)
Tuesday, January 4, 2011 - 3:40am | 140Below are the top mid-cap packaging & container stocks on the NYSE and the NASDAQ in terms of cash. Meadwestvaco Corporation (NYSE: MWV) had $774.00 million in total cash and $2.05 in total debt for the latest quarter. Sealed Air Corporation (NYSE: SEE) had $761.80 million in total cash and $1....
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Home Prices Still Falling - Analyst Blog
Tuesday, December 28, 2010 - 1:33pm | 2010In October, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.93% on a seasonally adjusted basis and is up just 0.20% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0....
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Home Prices Still Falling - Analyst Blog
Tuesday, December 28, 2010 - 1:04pm | 2010In October, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.93% on a seasonally adjusted basis and is up just 0.20% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0....
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Domtar Corp Enters Oversold Territory - Tale of the Tape
Tuesday, December 28, 2010 - 11:00am | 107Domtar Corp.'s (UFS) share price has entered into oversold territory with a stochastic value of 13.49. The Zacks Consensus Estimate on the company's earnings for 2010 increased by 47 cents over the past month to $11.32 per share. Domtar Corp. is a Zacks #1 Rank (“Strong Buy”) company. DOMTAR CORP (...
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Domtar Corp Enters Oversold Territory - Tale of the Tape
Tuesday, December 28, 2010 - 10:10am | 107Domtar Corp.'s (UFS) share price has entered into oversold territory with a stochastic value of 13.49. The Zacks Consensus Estimate on the company's earnings for 2010 increased by 47 cents over the past month to $11.32 per share. Domtar Corp. is a Zacks #1 Rank (“Strong Buy”) company. DOMTAR CORP (...
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Top 4 Small-Cap Stocks In The Paper & Paper Products Industry With The Highest Cash (CLW, BZ, VRS, SWM)
Tuesday, December 28, 2010 - 5:25am | 136Below are the top small-cap paper & paper product stocks on the NYSE and the NASDAQ in terms of cash. Clearwater Paper Corporation (NYSE: CLW) had $356.67 million in total cash and $148.43 million in total debt for the latest quarter. Boise Inc (NYSE: BZ) had $184.06 million in total cash and $...
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Mercer International Up 3.9% After Hitting 52-Week High (MERC)
Monday, December 27, 2010 - 12:08pm | 134Shares of Vancouver, Canada-based Mercer International Inc. (Nasdaq: MERC) are trading up 3.9% at $7.93 per share during the Monday afternoon trading session. The day's range for shares of Mercer International Inc has been between $7.75 and a 52-week high of $8.05 per share. The average price...
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KANZAN Licenses NCR's Two-Sided Thermal Paper IP
Tuesday, December 21, 2010 - 8:33am | 55KANZAN Spezialpapiere GmbH has agreed to license two-sided thermal paper intellectual property (IP) from NCR Corporation (NYSE: NCR). This license gives KANZAN the worldwide right to make, use and sell two-sided thermal paper under NCR's two-sided thermal paper intellectual property.
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, December 21, 2010 - 8:33am | 339Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 51job Inc (JOBS) Aar Corp (AIR) Banco Bradesco (BBD) Buckeye Tech (BKI) Caliper Life Sciences (CALP) View the entire Zacks #1 Rank List. AAR CORP (AIR): Free Stock Analysis Report BANCO BRADESCO (BBD): Free Stock Analysis...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, December 21, 2010 - 8:14am | 339Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 51job Inc (JOBS) Aar Corp (AIR) Banco Bradesco (BBD) Buckeye Tech (BKI) Caliper Life Sciences (CALP) View the entire Zacks #1 Rank List. AAR CORP (AIR): Free Stock Analysis Report BANCO BRADESCO (BBD): Free Stock Analysis...
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Acme Packet Falling (APKT)
Monday, December 20, 2010 - 12:19pm | 111Acme Packet (NASDAQ: APKT) has been a very active stock recently, and easily one of the best performing names of 2010. We have been flagging this name in recent weeks as it had been rising on heavy volume. During Monday's trading session, however, APKT shares have lost 2.69% to $56.42. This name...
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FedEx Disappoints, Hurt by Charges - Analyst Blog
Thursday, December 16, 2010 - 11:30am | 662FedEx Corporation (FDX) reported second quarter of fiscal 2011 financial results that fell below the Zacks Consensus Estimates. Quarterly adjusted EPS of $1.16 was below the Zacks Consensus Estimates of $1.31. Management cited higher fuel costs and the reinstatement of employee compensation and...
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FedEx Disappoints, Hurt by Charges - Analyst Blog
Thursday, December 16, 2010 - 11:03am | 662FedEx Corporation (FDX) reported second quarter of fiscal 2011 financial results that fell below the Zacks Consensus Estimates. Quarterly adjusted EPS of $1.16 was below the Zacks Consensus Estimates of $1.31. Management cited higher fuel costs and the reinstatement of employee compensation and...