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Market Wrap For June 2: Dow, S&P Continue Rising, Nasdaq Slightly Lower
Monday, June 2, 2014 - 4:36pm | 2382Read More...U.S. stocks were mostly positive on the first trading session of June in which investors were left confused over ISM's May Manufacturing data which was revised twice. Both the S&P 500 and Dow Jones indices reached new highs. The S&P 500 index reached a new all time high of 1,925.88...
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Increased Demand for Lumber Bodes Well for Struggling Industry
Friday, March 1, 2013 - 11:56am | 507Read More...Lumber prices are up thanks to increased demand from foreign buyers, especially China. So says Jon Anderson, president and publisher of the timber industry newsletter, Random Lengths. Anderson told ABC News that for the past five years, exports of North American lumber to China from both Canada...
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Visa, Ross Stores and Five Other Stocks Worth a Look Now
Thursday, December 15, 2011 - 2:15pm | 902Read More...The stocks of the following dividend-paying companies are trading more than 20% higher than six months ago and all are within shouting distance of their 52-week highs. B&G Foods (NYSE: BGS): The New Jersey-based maker of shelf-stable foods, such as Cream of Wheat and Joan of Arc brands,...
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Greif Earnings Preview: Impact Expected From European Uncertainty
Tuesday, December 6, 2011 - 7:43am | 626Read More...Greif (NASDAQ: GEF) is scheduled to report fiscal fourth-quarter 2011 results tomorrow, December 7, after the closing bell. The Delaware-based industrial packaging company recently lowered its full-year earnings outlook, despite a near record year, due to lower-than-expected sales in Western Europe...
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Goldman Sachs Reiterates Buy Rating On MeadWestvaco
Tuesday, June 28, 2011 - 8:51am | 132Read More...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)...
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J.P. Morgan Comment On MeadWestvaco Analyst Day
Thursday, June 16, 2011 - 8:17am | 104Read More...According to J.P. Morgan, MeadWestvaco (NYSE: MWV) held an analyst day. J.P. Morgan said that it attended MWV's analyst day held in Charleston, SC, which was primarily focused on the Specialty Chemicals and CDLM segments, businesses that bullish investors (and the company) feel are not being...
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Goldman Sachs Reiterates Buy Rating On MeadWestvaco
Thursday, June 16, 2011 - 8:06am | 84Read More...According to Goldman Sachs, MeadWestvaco (NYSE: MWV) Buy rating is reiterated. Goldman Sachs said that it attended MeadWestvaco's (MWV) analyst day in Charleston, SC. “At the event, MWV highlighted the value of its US South land portfolio and sustainability of strong specialty chemicals earnings....
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Five Paper Stocks That Have Not Jumped the Shark (IP, WY, MWV, RKT, FBR, WOOD, CUT)
Friday, May 6, 2011 - 11:07am | 753Read More...Last night's episode of the American sitcom The Office was the first without star Steve Carell as the hapless regional manager of the fictional paper company Dunder Mifflin. While Will Ferrell did a terrific job as Carell's temporary replacement, one cannot deny a creeping sense that The Office may...
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Goldman Sachs Upgrades MeadWestvaco To Buy, $36 PT
Friday, March 18, 2011 - 9:33am | 150Read More...Goldman Sachs has published a research report on MeadWestvaco Corporation (NYSE: MWV) and has upgraded the company from Neutral to Buy. In the report, Goldman Sachs writes "We upgrade MWV to Buy from Neutral and add to the Conviction Buy List. We see 31% potential upside to our new $36 12-month...
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MWV Sells Media & Entertainment Operations
Wednesday, September 8, 2010 - 10:18am | 105Read More...MeadWestvaco Corporation (NYSE: MWV) announced Friday that it would sell its Global Media & Entertainment Business to Atlas Holdings for $68M, giving MWV a $125M pretax loss on the sale, Deutsche Bank reports. During 2009, Media & Entertainment generated $400M in sales, representing 18% of...
