Paper Products

According to a report from Reuters, Apple's Chief Patent Lawyer, Richard "Chip" Lutton Jr., has left the company amidst lawsuits that are underway against Samsung, HTC, and others. According to the source, Lutton Jr. has been with Apple for ten years and decided that it is "time to try something...

International Paper Company (NYSE: IP) today announced that it is commencing a fully financed tender offer for all outstanding common shares of Temple-Inland Inc. (NYSE: TIN) for $30.60 per share in cash. The all-cash offer represents a 46% premium to Temple-Inland's closing price on June 6, 2011,...

According to Goldman Sachs, MeadWestvaco (NYSE: MWV) Buy rating is reiterated. Goldman Sachs said that the Forestar Group (FOR, NC) announced that it has entered into a definitive agreement to sell about 50,000 acres of timberland to Plum Creek (PCL, CS) for approximately $75 mn in cash. “We...

Shares of Cisco Systems (NASDAQ: CSCO) are trading lower on the session by 0.95%, at $15.65. As you may remember from a previous post, “The Cisco Conundrum,” the stock has been in a major, major downtrend for the past year. It is one that is so clear, it is hard for even value investors to step up...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that LinkedIn (NYSE: LNKD) has “moved up too much. I don't trust it here." For International Paper (NYSE: IP), Jim said, "You're going to have a home run there over the next 18 months." He likes ManTech International (NASDAQ: MANT...

Shares of EXFO Inc. (NASDAQ: EXFO) are falling in the after-hours following the release of its Q3 earnings results. Currently, shares are off by 10.95%, trading at $7.97; they closed the regular session higher by 4.19%, at $8.95. EXFO Inc. reported Q3 GAAP EPS of $0.03 on a diluted basis on...

According to Goldman Sachs, MeadWestvaco (NYSE: MWV) announced that it will invest $285 mn to build a new biomass boiler and upgrade associated power infrastructure at its Covington, VA, mill. Goldman Sachs said that the Covington mill produces about 800,000 tons of solid bleached sulfate (SBS)...

MeadWestvaco Corporation (NYSE: MWV) today announced that it will construct a new, state-of-the-art biomass boiler and upgrade associated power infrastructure at its Covington, Virginia, facility. This $285 million investment positions the facility for profitable growth and will further its...

Cusick's Corner EU debit crises and austerity measures are the headline risks this market seems to be focused on, what has caught my eye is Gold, GCN11, which is just getting pounded. With the Gold futures right at the $1500 level, I will be watching whether or not the bid comes in and starts to...

Cisco Systems (NASDAQ: CSCO) has been in the dog house for what seems like ages. While the company's prospects seem bright (albeit slightly dimmed since the beginning of the year) and the story quite compelling, the company just hasn't delivered for the past few quarters. This is a shame because...

Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 162,980 contracts, 56.8% calls, 43.2% puts 2. Williams Companies Inc. (NYSE: WMB) 83,055 contracts, 64.1% calls, 35.9% puts 3. Oracle Corp. (NASDAQ: ORCL) 73,778 contracts, 60.9% calls, 39.1% puts 4. Bank of America (...

Shares of Acme Packet (NASDAQ: APKT) have been exploding higher during Thursday's trading session on heavy volume. The stock is currently up around 7% at $66.88. More than 3 million APKT shares have traded hands on the session compared to a 3-month daily average of around 2.2 million. Acme Packet...

Shares of Acme Packet (NASDAQ: APKT) are benefiting from Tuesday's broad market rally. The stock has risen nearly 8% to $65.05. Acme Packet was hit hard during the sell off, falling around 16% in just the last month. The company currently has a market cap of $4.72 billion. The stock trades at a...

The Basic Materials Sector is the hottest area of the market in today's session, currently up 2.4% on the day. The best performing stocks in the S&P 500 Basic Materials Sector currently are: 1) International Paper (NYSE: IP): Shares of International Paper are currently trading up 4.2% from...

Temple-Inland (NYSE: TIN) is meeting with company shareholders to discuss the International Paper (NYSE: IP) offer. International Paper made an offer that valued Temple-Inland at $30.60 per share. Shares have dipped below that offer. CNBC's Kayla Tausche was the first to report the news.