Paper Products

After a lackadaisical session, stocks closed mostly flat on Tuesday as mixed earnings and economic reports failed to motivate traders. Investors appeared jittery ahead of next week's mid-term elections and a sliding dollar.    The blue-chip Dow average gained a little more than 5 points to close at...

• Procter & Gamble (NYSE: PG) reported fiscal first quarter earnings $0.02 better than expected at $1.02 on a 1.6% revenue gain to $20.1 billion, just below Zacks estimates of $20.2 billion. The company said it sees fiscal 2011 guidance earnings of $3.91 to $4.01 • Whirlpool (NYSE: WHR)...

Silicon Image, Inc. (NASDAQ: SIMG) is up 36% on tremendous volume today, as the comapny reported much better than expected earnings yesterday. After the bell yesterday, SIMG reported earnings of 12 cents per share on revenues of $60.5 million. Excluding items, earnings came in at 18 cents....

International Paper Co. (IP) delivered a record adjusted earnings per share (EPS) of 91 cents for the third quarter ended September 30, 2010, comfortably beating the Zacks Consensus Estimate of 78 cents. Reported quarter EPS was more than double that of the year-ago quarter of 37 cents and the...

Sappi Limited (NYSE: SPP), announced today that Jan Labuschagne, Chief Executive Officer of Sappi Southern Africa and a member of the Sappi Limited Executive Committee, has tendered his resignation from the company with effect end November 2010 to pursue other interests.

Turkey has been a bright spot for emerging markets this year, nearly tripling the performance of other Emerging European countries. Tim Steinle, co-manager of the Eastern European Fund (EUROX), has just returned from a research trip to Turkey and reports the Turkish story is gaining momentum....

Unconfirmed Rumors that International Paper Co. (IP) will go private at $33.00 a share.

Cusick's Corner Is the Fed going to "QE" and is this their last bullet? Answer -- Yes. How long can this move to the upside last (whether the Fed does or does not ease in the States)? If unemployment stays above 9.5-10% and if the developing counties decide to become projectionists, this bullish...

Cusick's Corner The earnings cycle is upon us and some big names are set to kick off this cycle today and tomorrow. Now some traders may be becoming a little complacent after the VIX, (CBOE Volatility Index) dropped yesterday from the mid 20's (22.18) to 19 -- with that kind of a drop would look...

International Paper (NYSE: IP) today declared a regular quarterly dividend of $0.125 per share for the period from Oct. 1, 2010, to Dec. 31, 2010, inclusive, on its common stock, par value $1. This dividend is payable on Dec. 15, 2010, to holders of record at the close of business on Nov. 16, 2010.

Jefferies has initiated coverage on DragonWave (NASDAQ: DRWI) with a Hold rating and a $7.50 price target ragonWave Inc is a provider of high-capacity Ethernet microwave solutions for Internet protocol (IP) networks. DRWI is trading lower at $6.34

RBC Capital Markets has reiterated the ratings for the following companies: Targa Resources (NYSE: NGLS) Outperform, price target raised from $29 to $30 Motorola (NYSE: MOT) Sector Perform, price target raised from $9 to $10 Mednax (NYSE: MD) Outperform, price target raised from $62 to $66...

MeadWestvaco Corporation (NYSE: MWV) today announced it has completed the sale of its global media and entertainment packaging business to Atlas Holdings LLC for $68 million in cash, subject to post-closing adjustments. The company will report a pre-tax loss on the sale of about $125 million in the...

MeadWestvaco Corp (NYSE: MWV) was upgraded by Credit Suisse from “neutral” to "outperform." MWV's shares closed at $23.59 yesterday. MeadWestvaco's earnings are likely to gain 180.44% this year. Deutsche Bank upgraded Dr Pepper Snapple Group Inc (NYSE: DPS) from "hold" to "buy." DPS' shares closed...