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MeadWestvaco Expands, Ups Dividend - Analyst Blog
Friday, November 19, 2010 - 11:33am | 602MeadWestvaco Corporation (MWV) plans to expand its Rigesa corrugated packaging business in Brazil for a total investment of $480 million. The company will develop its existing facility located in Santa Catarina State and install a new paperboard machine, which will double the capacity of its Três...
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International Paper's Dividend Drawing Attention, Deutsche Bank Reports
Friday, November 19, 2010 - 8:06am | 103As year-end approaches, Deutsche Bank said that it thinks International Paper Company's (NYSE: IP) dividend will increasingly draw attention. “At the moment, the market does not appear to be pricing in a dividend hike,” Deutsche Bank writes. “It's a bit surprising. IP has recently reiterated its...
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MeadWestvaco Expands, Ups Dividend - Analyst Blog
Friday, November 19, 2010 - 6:03am | 602MeadWestvaco Corporation (MWV) plans to expand its Rigesa corrugated packaging business in Brazil for a total investment of $480 million. The company will develop its existing facility located in Santa Catarina State and install a new paperboard machine, which will double the capacity of its Três...
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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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MeadWestvaco To Invest $480 Million In BRazilian Expansion
Thursday, November 18, 2010 - 10:01am | 171MeadWestvaco (NYSE: MWV) announced it will invest $480 million to expand its Brazilian packaging business, Rigesa. MWV plans to add a new 300,000 ton per year linerboard machine at its Tres Barras mill in southern Brazil, which would double the capacity of the mill. MWV expects the net capacity...
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Neenah Paper Announces 10% Increase in Dividend to $.44
Thursday, November 18, 2010 - 9:04am | 70Neenah Paper, Inc. (NYSE: NP) announced today that its Board of Directors has approved a 10 percent increase in the annual dividend on the company's common stock, from $0.40 per share to $0.44 per share. The dividend will continue to be paid in four equal quarterly installments, with the next...
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John P. O'Donnell to Succeed Sean T. Erwin as Neenah Paper's CEO
Thursday, November 18, 2010 - 9:01am | 81Neenah Paper, Inc. (NYSE: NP) today announced that its Board of Directors has approved an executive succession plan under which Sean T. Erwin will retire as Chief Executive Officer at the Annual Meeting of Shareholders in May 2011 and John P. O'Donnell, Senior Vice President and Chief Operating...
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AT&T Government Solutions Wins $286 Million Task Order
Wednesday, November 17, 2010 - 10:01am | 99AT&T (NYSE: T) Government Solutions announced it has won a fair opportunity award to deploy the Citizens Access Routing Enterprise through 2020 contact call center solution for the Social Security Administration. The award determination was made under the U.S. General Services Administration...
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MWV Increases Quarterly Dividend to $0.25
Wednesday, November 17, 2010 - 7:56am | 49The Board of Directors of MeadWestvaco Corporation (NYSE: MWV) declared an increase in the company's quarterly cash dividend to $0.25 per share of common stock, commencing with the payment on December 1, 2010, to stockholders of record at the close of business on November 26, 2010.
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Schweitzer-Mauduit Enters Oversold Territory - Tale of the Tape
Tuesday, November 16, 2010 - 11:06am | 108Schweitzer-Mauduit International, Inc.'s (SWM) share price has entered into oversold territory with a stochastic value of 14.74. The Zacks Consensus Estimate on the company's earnings for 2010 increased by a cent over the past month to $4.29 per share. Schweitzer-Mauduit International, Inc. is a...
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MeadWestvaco to Acquire Spray Plast - Analyst Blog
Friday, November 12, 2010 - 5:33pm | 412Paper and plastics maker MeadWestvaco Corporation (MWV) entered into an agreement to acquire Spray Plast SpA in a drive to expand its European footprint in the Home & Garden business. The acquisition is expected to close by the end of the fourth quarter of this year. Based in Italy, Spray...
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Juniper Unchanged, Shaking Off Cisco Weakness (JNPR)
Thursday, November 11, 2010 - 2:02pm | 79Juniper Networks, Inc. (NYSE: JNPR) is essentially unchanged, down just 3 cents to $34.52, as it shakes off the weakness that was seen earlier from Cisco (NASDAQ: CSCO). Juniper Networks designs, develops, and sells products and services that provide network infrastructure used for the deployment...
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MWV Acquires Spray Plast
Thursday, November 11, 2010 - 9:04am | 81MeadWestvaco Corporation (NYSE: MWV) today announced that it has entered into an agreement to acquire leading European trigger sprayer provider Spray Plast SpA. The Italian-based company's innovative all-plastic trigger sprayers are widely used in the consumer and professional markets, and the...
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10 Most Volatile Large-Cap Stocks
Wednesday, November 10, 2010 - 12:07pm | 219(TheStreet) -- Stocks are once again trading near their pre-Lehman Brothers highs. But the journey in the last two years for investors has been anything but smooth. Volatility has increased significantly and even large-caps have not proved safe from sudden sharp downward swings. TheStreet presents...
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Earnings Preview: Cisco Systems, Inc. (CSCO)
Wednesday, November 10, 2010 - 11:58am | 269Cisco Systems, Inc. (NASDAQ: CSCO) is currently lower on the session by 0.98%, trading at $24.11. The company is scheduled to report earnings today, after the closing bell. • Estimates The Street is looking for Q1 earnings per share of $0.40 on revenue of $10.74 billion. These estimates have...