Paper Products

Kellogg Co (NYSE: K) reported a 14% rise in its second-quarter profit. Kellogg reported its quarterly profit at $343 million, or $0.94 per share, up from $302 million, or $0.79 per share, in the year-ago period. Its sales climbed 11% to $3.39 billion. However, analysts were expecting a profit of $0...

J.P. Morgan is out with its report today on MeadWestvaco (NYSE: MWV), maintaining Neutral. In a note to clients, J.P. Morgan writes, "Looking ahead, we see a 2H story dependent on a consumer recovery and growth initiatives, as the company shifts from cost cutting to investment, which remains a '...

International Paper Co (NYSE: IP) reported upbeat second-quarter earnings. International Paper reported its quarterly profit at $224 million, or $0.52 per share, up from $93 million, or $0.21 per share, in the year-ago period. Excluding restructuring and other charges, International Paper's...

Astrazeneca PLC (NYSE: AZN) is expected to report its Q2 EPS at $1.80 on revenue of $8.19 billion. Exxon Mobil Corporation (NYSE: XOM) is projected to report its Q2 EPS at $2.33 on revenue of $121.39 billion. Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report its Q2 EPS at $0.55 on...

Shares of Wausau Paper (NYSE: WPP) are higher on the session by 15.38%, trading at $7.20. Overall call volume is now running at 549.50x the daily average, with 65% of all calls traded being purchases on the offer. 1,099 contracts have traded on the session so far. Wausau Paper Corp. manufactures...

International Paper Company (NYSE: IP) releases its next round of earnings this Thursday, July 28, 2011. Here's Benzinga's essential guide to International Paper Company's second quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are...

Deutsche Bank provided color on Wausau Paper (NYSE: WPP). In a research report published today, the rating agency commented on reductions in the company's operations. In the report, Deutsche Bank states, “Over the past 2wks, Wausau Paper has quietly downsized the specialty paper operations...

International Paper Company (NYSE: IP) dipped 3.86% to $29.67 in the pre-market session. IP's trailing-twelve-month profit margin is 4.46%. Chesapeake Energy Corporation (NYSE: CHK) lost 2.38% to $33.57 in the pre-market session. CHK's trailing-twelve-month ROE is 6.42%. Safeway Inc (NYSE: SWY)...

Kimberly Clark Corp (NYSE: KMB) is expected to report its Q2 earnings at $1.15 per share on revenue of $5.13 billion. Broadcom Corp (NASDAQ: BRCM) is estimated to post its Q2 earnings at $0.63 per share on revenue of $1.80 billion. Baker Hughes Incorporated (NYSE: BHI) is expected to report its...

International Paper (IP) reduced its total energy use from 2007 to 2010 by almost seven percent, equivalent to the amount of power needed for 420,000 homes, or removing one million passenger vehicles from the road, according to the paper and packaging company's 2010 Sustainability Report. IP also...

Nalco Holding Company (NYSE: NLC) climbed 28.75% to $37.17 at 9:50 am. Ecolab Inc (NYSE: ECL) announced its plans to buy Nalco Holding for around $5.4 billion. TESSCO Technologies Inc (NASDAQ: TESS) shares gained 27.59% to $15.40. TESS reported its Q1 net income at $4.6 million, up from $2.1...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that UGI Corp (NYSE: UGI) is “another local stock to me. That is a terrific little company and I'm a buyer." He said that AFLAC (NYSE: AFL) is “one of the few insurers I don't want to own. I don't like their portfolio." For Advance...

Packaging Corp. of America (NYSE: PKG) is set to report earnings tonight after the bell, and Wall Street will be looking forward to hearing how the containerboard and paper sector is doing, especially in light of the International Paper (NYSE: IP), Temple-Inland (NYSE: TIN) buyout offer. At last...

Temple-Inland Inc. (NYSE: TIN) today announced that its Board of Directors, after careful consideration with its independent financial and legal advisors, voted unanimously to reject the unsolicited tender offer from International Paper Company (NYSE: IP) to acquire all outstanding common shares of...

Citi Investment Research is out with a research report on the pulp sector and says to buy International Paper Company (NYSE: IP). It has a $36 price target on shares. In a note to clients, Citi Investment Research writes, "Demand decline in uncoated freesheet - North American demand for one of IP...