Paper Products

For Immediate Release Chicago, IL – January 7, 2010 – Zacks Equity Research highlights Shutterfly (SFLY) as the Bull of the Day and Tessera Technologies (TSRA) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Automatic Data Processing (ADP), Kelly Services (KELYA) and...

Tessera Technologies (TSRA) is a provider of back-end technology for semiconductor manufacturing. The company's technology enables miniaturization of electronic goods, which is a driver of IC sales in the market today. Consequently, the host of patents, new technologies, customer wins, volume...

Analysts at Oppenheimer continue to remain positive on the Schweitzer-Mauduit International Inc. (NYSE: SWM) stock. Analysts have maintained an Outperform rating for the Schweitzer-Mauduit stock. Analysts have raised the price target from $75 to $85 for the Schweitzer-Mauduit stock. According to...

Analyst Kevin W Sterling of BB&T Capital Markets maintains his "buy" rating on Aegean Marine Petroleum Network Inc (NYSE: ANW). The target price for ANW is set to $40. Aegean Marine Petroleum Network has announced the acquisition of Verbeke Bunkering NV, a leading physical supplier of marine...

012 Smile.Communications Ltd (NASDAQ: SMLC) rose 8.37% to $23.31 to its 52-week high price. SMLC provides a range of broadband and traditional voice services in Israel. 8x8 Inc (NASDAQ: EGHT) rose to $1.54, its 52-week high price, reflecting a 2.67% gain since morning. EGHT develops, markets and...

Radware Ltd. (RDWR) on Monday raised its earnings guidance for the fourth quarter on the back of sustained momentum in sales and industry-high gross margins. The company now expects adjusted profit to range between 19 cents and 21 cents per share, compared to the earlier prediction of 15 cents to...

Global Crossing Limited (NASDAQ: GLBC)(FREE stock trend analysis), a leading global IP solutions provider, announced Q3 results for its subsidiary, Global Crossing (UK) Telecommunications Limited (GCUK). GCUK generated $120m of revenue in the Q3 and Operating Income Before Depreciation and...

UBS notes that MeadWestvaco Corp. (NYSE: MWV) has announced a mid-January board price increase of $40/t, which is over 4% of the current RISI price of $1025/t. However, the price increase is not supported by demand but by supply as MeadWestvaco had shut down a 200,000 ton line and International...

The world's largest computer networking equipment maker, Cisco Systems Inc.,(NASDAQ: CSCO) said it needs only another 6% stake in Videoconferencing equipment firm Tandberg ASA to be able to complete its $3.4b takeover. Cisco said 84% of shareholders in the Norwegian group have backed its $30.32...

Chip maker Altera Corp(NASDAQ: ALTR). raised its Q4 revenue guidance citing improving market trends and strong sales to telecommunications equipment makers. The company expects revenue to grow by 15% to 18% above the Q3, $286.6m in sales. Altera's previous guidance was for sales growth of 6%...

Theravance (THRX) received a major setback in the approval process of Vibativ (telavancin) for the treatment of nosocomial pneumonia (NP). Recently, the company received a complete response letter (CRL) regarding this from the US Food and Drug Administration (FDA). Although the original...

Cowen and Co. maintains their “Neutral” rating for Theravance, Inc. (NASDAQ: THRX) after Theravance received a "complete response" letter from the FDA for the sNDA seeking the nosocomial pneumonia (NP) indication for Vibativ (telavancin). The Firm Said “Although the Vibativ NP pivotal trials (...

BMO Capital Markets maintains their “Outperform” rating for International Paper Company (NYSE: IP), while raising their estimates. The firm also raised their target price to $34 from $30 to reflect the continued increase in pulp prices, slightly higher containerboard prices and an improvement in...

Analysts at Goldman Sachs maintain their “conviction buy” rating on International Paper (NYSE: IP), while raising their estimates for the company. The target price for IP has been raised from $28 to $30. Goldman Sachs mentions that containerboard prices are expected to rise in early 2010 to $50 per...

Bank of America Merrill Lynch maintained its recommendations on several pulp and paper stocks following announced raw materials price hikes from key industry supplier Georgia-Pacific. B of A/ML said in a research report that the just-announced price increases ($50 per ton on the east coast on...