Paper Products

Tiffany & Co (NYSE: TIF) was downgraded by Goldman from “neutral” to "sell." TIF's shares closed at $45.56 yesterday. Tiffany's 52-week trading range is $34.95-$51.60. JP Morgan downgraded CGG Veritas (NYSE: CGV) from "overweight" to "neutral." CGV's shares closed at $22.19 yesterday. CGV's...

Glatfelter (NYSE: GLT) announced that its Board of Directors declared a $0.09 per share cash dividend on its outstanding common stock. The dividend is payable on November 1, 2010, to shareholders of record as of the close of business on October 5, 2010.

Shares of Packaging Corporation of America (NYSE: PKG) are down sharply this morning, losing more than 6% on heavy volume. Earlier this morning, the packaging companies, including International Paper (NYSE: IP) filed an antitrust lawsuit accusing International Paper, Packaging Corp of America and...

Shares of International Paper (NYSE: IP) are selling off today, currently lower by 9.38%, trading at $21.26. The stock is falling after the packaging and paper names rescinded their price hikes after customer blowback. Options traders are flocking to both the puts and calls today. Within the first...

Weyerhaeuser Co. (WY) announced the sale of its high purity cellulose mill, Cosmopolis to the Gores Group LLC, for an undisclosed amount. The Group is led by an investor group including Dermot Smurfit, a paper and packaging industry veteran. The mill, closed in October 2005, will commence...

FedEx Corporation (FDX), the world's second-largest package delivery company, reported first quarter fiscal 2011 adjusted earnings of $1.20 per share. The quarter's earnings were below the Zacks Consensus Estimate by a penny, but above the year-ago earnings of 58 cents. Earnings jumped 107% year...

BOSTON (TheStreet) -- The Russell 2000 small-cap benchmark has rallied 8.5% in September. If the economy strengthens, small-cap stocks probably will outperform large-caps. Investors who are piling into bonds could miss out on major upside if fear subsides. Here are 10 small-cap stocks predicted to...

In an effort to convert organic waste streams into biogas and other value-added products, paper and plastics maker MeadWestvaco Corp. (MWV) has teamed up with VOW Resources and Zera Energy. A demonstration plant adjacent to MeadWestvaco's Evadale, Texas, mill will soon be constructed with...

In an effort to convert organic waste streams into biogas and other value-added products, paper and plastics maker MeadWestvaco Corp. (MWV) has teamed up with VOW Resources and Zera Energy. A demonstration plant adjacent to MeadWestvaco’s Evadale, Texas, mill will soon be constructed with...

MeadWestvaco Corporation (NYSE: MWV) announced Friday that it would sell its Global Media & Entertainment Business to Atlas Holdings for $68M, giving MWV a $125M pretax loss on the sale, Deutsche Bank reports. During 2009, Media & Entertainment generated $400M in sales, representing 18% of...

MeadWestvaco Corp. (NYSE: MWV), VOW Resources and Zera Energy today announced a strategic, collaborative development effort to enable the conversion of organic waste streams into biogas and other value added products. The companies will immediately begin construction on a demonstration plant...

Verso Paper Corp. (NYSE: VRS) today announced the launch of its corporate Facebook page with an initial focus on increasing the reach of the company’s college recruiting initiatives. The Verso Paper Corp. Facebook page will provide potential college recruits with the company’s campus recruitment...

Electronic design automation (EDA) software company Synopsys Inc. (SNPS) recently completed the acquisition of Virage Logic Corp. (VIRL) for $12 per share. The total consideration of the deal came in at approximately $315.0 million. Virage Logic’s business is expected to integrate easily with...

Atlas Holdings LLC has signed a definitive agreement with MeadWestvaco Corporation (NYSE: MWV) to purchase MWV’s network of global media and entertainment packaging businesses, subject to certain closing conditions. Completion of the transaction is expected on September 30, 2010. When complete,...