(IP) AuthenTec Earnings Preview: Now What?
Yuck. That’s all I can say about AuthenTec right now… After shocking the market a on September 8th with a mid-quarter “business update” the stock has cratered and sits now about 80% below previous...
View Article(SWM) Schweitzer-Mauduit International – 72% earnings growth projection
Schweitzer-Mauduit International, Inc. (SWM) posted impressive third-quarter results in mid November in which the company moved back into profitability from last year. Analysts are bullish on the...
View Article(RKT) RockTenn Company – Value – Zacks Rank Buy
RockTenn Company (RKT), the packaging manufacturer, reported record earnings in the first quarter as the recent acquisition of Southern Container is paying off. The stock is cheap. RKT is trading at...
View Article(IP) AuthenTec: Cheap By Many Measures, Especially Net Net Deep Value
We’ve had quite a recovery in the market from the lows reached in March, and many semiconductor stocks have followed suit. While AuthenTec Inc. (NASDAQ: AUTH), a maker of fingerprint sensors, is no...
View Article(IP) AuthenTec: Ripe for an Acquisition?
AuthenTec (NASDAQ: AUTH), the world’s leading provider of fingerprint sensors and solutions to the PC, Wireless and Access Control markets, released their Q1/09 earnings and held their analyst...
View Article(NP) Neenah Paper, Inc. – Momentum – Zacks Rank Buy
Neenah Paper, Inc. (NP) recently reported first-quarter results. Earnings came in 88% ahead of the consensus estimate, and analysts are bullish on earnings going forward. Management said the company is...
View Article(RKT) RockTenn Company – Value – Zacks Rank Buy
RockTenn Company (RKT), the packaging products manufacturer, reported record earnings for the fiscal second quarter of 2009 which surprised on estimates by 3.03%. On Apr 27, RockTenn reported record...
View Article(IP) The recession in historical context
How does the current economic and financial downturn match up to past contractions? In an attempt to present matters in historical context, Paul Swartz of the Council on Foreign Relations recently...
View Article(SWM) Schweitzer-Maudit International Inc. – estimates spike – very nice...
Schweitzer-Maudit International Inc. (SWM) recently posted solid second-quarter results that beat estimates on higher prices and lower costs. Estimates and the company’s share price both spiked in...
View Article(MWV) MeadWestvaco Raises $250 million
Yesterday, MeadWestvaco Corp. (MWV) commenced a public offering of $250 million aggregate principal amount of 7.375% Notes due 2019. This is expected to close on Aug. 24, subject to customary closing...
View Article(SPP) Sappi Limited Adjusts Production
Sappi Limited (SPP) announced that it will permanently cease operations at its coated fine paper mill in Muskegon, Michigan. The company had suspended the operations at the mill in March 2009. The mill...
View Article(IP) Purchasing Managers Index Shows Expansion
The Institute of Supply Management’s (ISM) Purchasing Managers Index, a closely watched gauge of manufacturing activity, rose to 52.9 in August from 48.9 in June. It was also well above the 50.5...
View Article(UFS) We Energies Plans Biomass Plant
We Energies plans to build a 50 megawatts biomass-fueled power plant at Rothschild, Wisconsin paper mill site of Domtar Corp. (UFS). Early next year, the utility will apply to the Public Service...
View Article(MWV) MeadWestvaco Forms Strategic Alliance With Albemarle
Yesterday, MeadWestvaco Corp. (MWV) executed a Memorandum of Understanding (MOU) to form a strategic alliance with Albemarle Corporation (ALB) to supply activated carbon products in the U.S. This...
View Article(SON) Sonoco Products Company Closes Another Plant
Sonoco Products Company (SON) plans to close its rigid paper packaging plant in Orrville, Ohio by March 2010. The plant, which was acquired in 2007, manufactures fiber cartridges for adhesives and...
View Article(IP) International Paper Shreds Jobs
International Paper Co. (IP) plans to close three of its mills, which will reduce its work force by 1,600 employees. The company plans to close its paper mill and associated operations in Franklin,...
View Article(SON) Sonoco Products Company Outperforms – Raises Guidance
Sonoco Products Company (SON) reported third quarter earnings of 50 cents per share, beating its own guidance of 43-47 cents and the Zacks Consensus Estimate of 46 cents. However, third quarter EPS was...
View Article(AVY) Avery Dennison Corporation Gains from Restructuring
Avery Dennison Corp. (AVY) posted third quarter earnings of 82 cents per share, well-above the Zacks Consensus Estimate of 57 cents and slightly higher than last year’s earnings of 81 cents. Lower...
View Article(IP) International Paper Tops Expectations
International Paper Co. (IP) reported third-quarter EPS of 37 cents, above the Zacks Consensus Estimate of 23 cents. The better-than-expected quarterly results were driven by the company’s overhead...
View Article(SON) Sonoco Products Company Invests in Growth
Sonoco Products Company (SON) completed the acquisition of injection molded plastics spools and reels assets of EconoReel Corporation. The company did not disclose the terms of the deal. Through this...
View Article(SON) Sonoco Products Company Increasing Paperboard Prices
Sonoco Products Company (SON) announced that it will increase prices for all uncoated recycled paperboard grades and paperboard industrial converted products in the United States and Canada, effective...
View Article(AVY) Avery Dennison Corporation Reports Below Expectations
Avery Dennison Corp. (AVY) posted fourth-quarter earnings of 44 cents per share, below the Zacks Consensus Estimate of 67 cents and down 32.3% from last year’s earnings of 65 cents. The lower than...
View Article(IP) International Paper’s Earnings Beat by 1 Cent
International Paper Co. (IP) reported fourth-quarter EPS of 24 cents, slightly above the Zacks Consensus Estimate of 23 cents and up 14% from EPS of 21 cents reported in the prior-year quarter....
View Article(NP) Neenah Paper – Analysts Increase Earnings Estimates
Neenah Paper’s (NP) recent results have been better than expected, and analysts have been raising their earnings estimates. Company Description Neenah Paper manufactures and distributes a wide range of...
View Article(SON) Sonoco Products Company – Earnings Surprised by 13.7% in the Fourth...
Sonoco Products Company (SON) saw improvement in the fourth quarter over the year ago period and recently raised 2010 guidance. It has surprised on earnings by an average of 8.3% over the last 4...
View Article(CVO) Cenveo Incorporated – Beats Expectations By Over 50%
Cenveo, Inc (CVO) recently beat Wall Street’s expectations, sending shares to a new 52-week high. Thanks to upward estimate revisions, shares are still a good value. Company Description Cenveo, Inc....
View Article(IP) Federal Reserve Board Meeting Minutes Excerpts
Below are some key sections of the minutes of the Federal Reserve Board’s March 16th meeting. I have interspersed my commentary and interpretation where needed. “The information reviewed at the March...
View Article(NP) Neenah Paper – Business Is Improving
Neenah Paper (NP) crushed fourth-quarter EPS estimates by 15 cents, or 79%, and management was more optimistic about 2010. Company Description Neenah Paper manufactures and distributes a wide range of...
View Article(IP) International Paper Earnings Beat Forecast by a Cent
International Paper Co. (IP) reported first quarter earnings of 4 cents per share, a cent ahead of the Zacks Consensus Estimate. However, the results were down from 24 cents in the prior quarter and 8...
View Article(MERC) ValuEngine Long Portfolio Doubles the SP500 since Re-Balance
Mercer International Inc (MERC). owns and operates a diverse pulp and paper business in the southern German states of Saxony and Thuringia, in the former East Germany. The Company operates it’s pulp...
View Article(AVY) Avery Dennison Earnings Beat Consensus
Avery Dennison Corporation (AVY) reported adjusted earnings per share (EPS) of 51 cents in its first quarter 2011, beating the Zacks Consensus Estimate of 47 cents. EPS in the quarter however posted a...
View Article(IP) Temple-Inland Responds to IP Bid
To ward off International Paper Co’s (IP) offer of $3.3 billion or $30.60 per share in cash made earlier this week, Temple-Inland Inc. (TIN) has adopted a stockholder rights plan and declared dividend...
View Article(IP) Temple-Inland Responds to International Paper Bid
To ward off International Paper Co’s (IP) offer of $3.3 billion or $30.60 per share in cash made earlier this week, Temple-Inland Inc. (TIN) has adopted a stockholder rights plan and declared dividend...
View Article(SON) Sonoco Products Acquires Packaging Business
Sonoco Products Co. (SON) through its wholly owned subsidiary in the UK, recently concluded the acquisition of Robinson Paperboard Packaging Ltd., a division of Robinson PLC. The world’s largest...
View Article(IP) Temple-Inland Shareholders Nod to International Paper Merger
The International Paper (IP) – Temple-Inland (TIN) merger has been approved by more than 98% of Temple’s shareholders. This clears a major hurdle in the creation of a company that would enjoy about 40%...
View Article(AVY) Avery Dennison Selling Office Business
Avery Dennison Corporation (AVY) is divesting its underperforming Office and Consumer Products to its competitor 3M Co. (MMM), the maker of Post-it notes and Scotch Tape, for $550 million in cash. The...
View Article(IP) International Paper Company – Bull of the Day
International Paper Co.’s (IP) third quarter EPS of $0.92 beat the Zacks Consensus Estimate. The company continues with its merger and acquisition strategy to strengthen its businesses. The merger with...
View Article(IP) International Paper and Temple-Inland Extend Review Time
The International Paper (IP) – Temple-Inland (TIN) merger has been delayed as both parties have agreed to extend the U.S. Department of Justice’s (DOJ) review period till February 13, 2012. The...
View Article(SON) Sonoco Products Company – Bear of the Day
Sonoco Products Co’s (SON) second-quarter 2012 adjusted earnings per share decreased 3% to $0.58, but net sales increased 6.6% to $1.2 billion. While EPS was in line with the Zacks Consensus Estimate,...
View Article(SON) Sonoco Products Company – Bear of the Day
Sonoco Products Co’s (SON) second-quarter 2012 adjusted earnings per share decreased 3% to $0.58, but net sales increased 6.6% to $1.2 billion. While EPS was in line with the Zacks Consensus Estimate,...
View Article(AVY) Avery Dennison – Bull of the Day
Avery Dennison’s (AVY) adjusted earnings increased 77% year over year to $0.53 per share in third-quarter 2012, beating the Zacks Consensus Estimate of $0.45. Revenues fell 0.8% year over year to...
View Article(SON) Sonoco Product’s Earnings and Sales Lag
Sonoco Products Co. (SON) reported first-quarter 2013 adjusted earnings of 50 cents per share, a decrease of 4% from the prior year quarter’s earnings of 52 cents per share. The results narrowly missed...
View Article(IP) International Paper Misses Earnings Estimates
International Paper (IP) reported first quarter 2013 earnings of $318 million or 71 cents per share compared to $188 million or 43 cents per share in the year-earlier quarter. The increase in earnings...
View Article(UFS) Domtar Hikes Dividend Payout
Domtar Corporation (UFS) recently raised its quarterly dividend on its common stock and on the exchangeable shares of Domtar (Canada) Paper Inc. (UFX.TO), a subsidiary of Domtar, by a stupendous 22.0%...
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