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Amcor Announces Asset Sale To Alleviate Antitrust Concerns Tied To Bemis Merger
Monday, April 22, 2019 - 12:18pm | 280Read More...Packaging companies Amcor Limited and Bemis Company, Inc. (NYSE: BMS) announced efforts Monday to resolve the Department of Justice's antitrust concerns with the combination of the two companies. What Happened Amcor has entered into a binding agreement to sell plants in Milwaukee,...
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Paper Cuts: BMO Downgrades WestRock, Packaging Corp, International Paper
Tuesday, October 9, 2018 - 9:37am | 678Read More...China-based Nine Dragons Paper Holdings, a manufacturer of containerboard products including lineboard, announced hundreds of millions of dollars in new investments this week that include conversion projects at coated paper mills in Biron, Wisconsin and Rumford, Maine. The announcement...
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Analyst: Investors Should 'Applaud' International Paper For Ending Proposed M&A Deal
Thursday, June 7, 2018 - 1:15pm | 354Read More...International Paper Co (NYSE: IP), a producer of renewable fiber-based packaging, confirmed Tuesday it will no longer pursue an acquisition Smurfit Kappa Group and investors should "applaud" the decision, according to BMO. The Analyst BMO Capital Markets' Mark Wilde upgraded...
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BMO Turns Bullish On Greif, Says Most Business Units Appear 'Solid'
Monday, April 2, 2018 - 3:00pm | 353Read More...Greif, Inc. (NYSE: GEF) has seen its stock sharply pull back over the past few months, which could be an attractive entry point for investors. The Analyst BMO Capital Markets' Mark Wilde upgraded Greif's stock from Market Perform to Outperform with a price target lifted from $57 to...
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Analyst Drops Bearish Ball Corp. Thesis After EPS, Sales Beat
Monday, February 12, 2018 - 1:12pm | 338Read More...Ball Corporation (NYSE: BLL) reported fourth quarter results Feb. 7 with a top-and-bottom-line beat. The Analyst KeyBanc Capital Markets' Adam Josephson upgraded Ball's stock rating from Underweight to Sector Weight with no assigned price target. The Thesis Ball's Q4 ...
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The Price Of Paper Is Increasing As Companies Try To Stay Profitable In Electronic Age
Monday, March 7, 2016 - 9:10am | 400Read More...In this era where every business is moving online, businesses and consumers alike still depend on paper, especially in various packaging and shipping markets. The trend should benefit companies operating in the paper and packaging industry, including International Paper Co (NYSE: IP) and Domtar...
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WestRock Bought More Than 3.7 Million Shares Stock Since November, Notes 'Disciplined And Balanced' Capital Allocation Strategy
Wednesday, January 13, 2016 - 10:17am | 140Read More...WestRock Co (NYSE: WRK), a paper and packaging provider, reported after Tuesday's market close that the company has repurchased more than 3.7 million shares of its common stock since November 10. Shares of WestRock have lost more than 15 percent since the start of 2016 and have lost nearly...
