Paper Products

Cusick’s Corner The market is stuck in a tight range on very light trading going into the Midday. Equities are not really tipping either way, so it looks like traders are happy at this stage hanging out in the dog days. But bond traders are busy, the long end of the curve is really on the move...

(TheStreet) -- Stocks have sunk this week, torpedoed by weaker unemployment and a wider trade gap. Here are the 10 stocks that fell the most. For investors expecting a rebound, they may offer more upside since they were punished most in the downturn. For those who see an extended decline, the...

There is a rumor out on Wall Street today that Cisco Systems (NASDAQ: CSCO) is looking to acquire Sonus Networks, Inc. (NASDAQ: SONS). The price being thrown out is somewhere in the $6 per share range, almost a 100% premium to where Sonus is currently trading. Sonus Networks, Inc. provides...

Natural Resource Partners LP (NRP) recorded net income attributed to limited partners of 38 cents per unit in its second quarter ended June 30, 2010, beating the Zacks Consensus Estimate by 8 cents. Net income in the quarter doubled year over year. The outperformance was driven by higher prices...

Oppenheimer is maintaining its Perform rating but lowering its EPS estimates on Schweitzer-Mauduit Int'l (NYSE: SWM) after the company reported a weak quarter and lowered guidance. In a research note to clients, Oppenheimer notes, "Hurt by high pulp, the weak euro, start-up expenses and weak RTL...

Shares of Acme Packet (NASDAQ: APKT) are bouncing back from a disappointing earnings report last week that sent the stock plummeting. The stock has surged 5% to $28.47 during Tuesday's trading session. Prior to reporting earnings, however, APKT was trading above $32. Volume has been on the heavy...

Neenah Paper, Inc. (NYSE: NP) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.10 per share on the company's common stock. The dividend is payable on September 2, 2010 to stockholders of record as of close of business on August 13, 2010.

The Institute for Supply Management’s (ISM) Manufacturing index fell in July to 55.5 from 56.2, but the decline was far less than the expected level of 54.2. Any reading over 50 indicates that the manufacturing sector of the economy is expanding. Thus the expansion continues, but at a somewhat...

Acme Packet (NASDAQ: APKT) has been crushed today to the tune of 12.53% to $28.33. The company reported disappointing earnings yesterday after the close. APKT reported earnings per share of $0.18 compared to analysts' estimates of $0.17. Volume has been very heavy during today's sell off, with 6.95...

These stocks are the top 5 percentage gainers on the New York Stock Exchange today (only includes companies with 100,000 shares traded so far). Alcatel-Lucent (NYSE: ALU) is up 14.23% to $2.98 after the telecom equipment provider reported strong quarterly results and reaffirmed 2010 guidance. Atlas...

Buckeye Technologies Inc.’s (BKI) MACD indicator has moved into bullish territory with a reading of 0.0902. The Zacks #2 Rank (“Buy”) stock gained more than 1% to $11.42 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ending June 2011 moved up 3 cents over...

BMO Capital Markets is raising earnings estimates on MeadWestvaco (NYSE: MWV) for 2010 and 2011 after the company reported strong earnings results yesterday. BMO has a Market Perform rating and a $26.50 price target on shares. In the report, BMO writes, "We are increasing our forecasts to reflect...

The European Union (EU) has accused International Business Machine Corp. (IBM) of violating anti-trust guidelines and misusing its dominant position in the Mainframe computer market. The European Commission, the executive arm of European Union, has launched two anti-trust probes against IBM.   The...

Irish drugmaker Elan Corp. plc's (ELN) second quarter 2010 loss (excluding special items) of 2 cents per share was narrower than the year-ago adjusted loss of 13 cents per share. However, on a reported basis, Elan’s loss widened to 36 cents in the reported quarter from a loss of 14 cents per share...

The economy isn’t falling off a cliff just yet.  FedEx raised their guidance this morning in a move that confirms much of the confounding economic strength we’ve seen in corporate earnings and recent data such as the rail freight traffic.  This news comes on the heels of a very positive report from...