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(USA) The board of directors of Weyerhaeuser on April 17 declared a dividend of 60 cents per share on the common stock of the corporation payable May 27, 2008 to shareholders of record at the close of business May 2, 2008.
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(USA) The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared a regular quarterly dividend of 58 cents per share. The dividend is payable on July 2, 2008, to stockholders of record on June 6, 2008...
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(USA) Sonoco, one of the largest diversified global packaging companies, has reported first quarter 2008 earnings of $.13 per diluted share, compared with $.52 per diluted share earned in the first quarter of 2007. Results for the 2008 quarter were negatively impacted by a noncash...
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(USA) Shares of Smurfit-Stone Container Corp. headed toward a higher finish on Wednesday, after an analyst said the paper company is poised to gain from strong pricing for containerboard, the paper used in making corrugated boxes.
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(USA) The Board of Directors of Sonoco has declared a $.27 per share quarterly common stock dividend, an increase from $.26 per share. The dividend will be payable June 10, 2008, to shareholders of record as of May 16, 2008...
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(Finland) Ahlstrom Corporation will publish its first quarter financial results 2008 on Friday, April 25, 2008 approximately at 8.30 a.m. Finnish time...
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(UK) Mondi has been included in the FTSE4GOOD UK Index, the FTSE4GOOD Europe Index and the FTSE4GOOD Global Index. Mondi is one of 41 new entrants to the index series after the March review and 15 companies were deleted as they no longer met the criteria...
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(China) Shandong Chenming Paper Holdings' 2007 net profit rose 171.12 pct to 967.64 mln yuan under Chinese accounting standards, with the company achieving higher output and obtaining increased prices...
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(USA) Standard & Poor's Ratings Services downgraded the unsecured debt issued by AbitibiBowater Inc. and Bowater Inc. to 'CCC+' from 'B-'. The new rating is one notch below the companies' corporate credit ratings.
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(USA) Analyst John Nobile of Taglich Brothers has initiated coverage of Orchids Paper Products Company (TIS) with a "speculative buy" rating. The 12-month target price is set to $12.50.
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(Indonesia) Paper producer and distributor PT Kertas Basuki Rachmat Indonesia (KBRI) said on Monday that it is planning to sell 1.36 billion shares or 21.38 percent of its enlarged capital via an initial public offering (IPO).
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(Norway) Norske Skogsindustrier shareholder, Third Avenue Management, this morning revealed a new set of candidates for election to the firm's corporate assembly at next week's AGM, in a bid to address what it says is the 'dire situation' of the paper-manufacturer.
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(Hong Kong) Fitch Ratings assigned a long-term foreign currency issuer default rating (IDR) of 'BBB-', with stable outlook, to China-based Nine Dragons Paper (Holdings) Ltd.
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(USA) Weyerhaeuser will release first quarter 2008 results on May 2 before the market opens. The company will hold a live conference call at 7 a.m. Pacific (10 a.m. Eastern) on May 2 to discuss first quarter results...
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(Finland) Standard & Poor´s has affirmed the BBB long-term credit ratings and changed the outlook from stable to positive. At the same time the senior unsecured debt ratings were raised from BBB- to BBB. The short-term A-2 ratings were affirmed.
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(USA) Standard & Poor's Ratings Services upgraded Hercules Inc., citing an improved financial profile and the likelihood that cash flow protection measures and other key ratios will be maintained at levels in line with expectations for the revised ratings...
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(USA) MeadWestvaco Corporation will release its results for the first quarter 2008 on Wednesday, April 30, 2008, before the market opens...
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(USA) Citi maintains a 'Buy' rating on International Paper (NYSE: IP), names IP as Top Large Cap Pick. Price target $45.
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(China) Investment strategy reports released by securities research institutes in China widely favor stocks of the domestic paper-making industry, largely on the ground of environmental protection policies to eliminate outdated production capacities...
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(USA) Taglich Brothers, Inc. announces it has initiated coverage of Orchids Paper Products Company. Headquartered in Pryor, Oklahoma, Orchids Paper Products manufactures bulk tissue paper, known as parent rolls, and converts parent rolls into a full line of tissue products...
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