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Tag: international paper
International Paper: To MLP Or Not To MLP?
2015-01-26 09:41:38| Paper - Topix.net
In its current state IP is a terrific dividend growth stock with the potential upside of the MLP conversion looming. Shares of paper giant International Paper have broken out of a long term, very tight channel that formed from the spring of 2013 until the fall of last year.
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The boiler room at former International Paper Co in Millers Falls. Recorder/Paul Franz
2015-01-26 04:37:10| Paper - Topix.net
Closed for years, the former International Paper Mill is a place of alternating cavernous rooms and confined spaces offering access to vast, empty vats and cold kilns and furnaces.
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International Paper PT Raised to $63.00
2015-01-21 05:37:42| Paper - Topix.net
The firm currently has an "overweight" rating on the stock. Barclays' target price would indicate a potential upside of 16.17% from the company's current price.
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International Paper (IP) Stock Higher Today After Wells Fargo Upgrade
2015-01-16 15:20:31| Paper - Topix.net
"We are upgrading shares of IP given: an improving demand trajectory in the domestic containerboard market, margin improvement opportunity in the company's Latin American corrugated operations and contribution from high-return capital projects completed in the past 12 to 18 months," Wells Fargo said. Margin improvement from lower input costs and the potential for a spring containerboard price increase that could drive $310 million in EBIT improvement and 50 cent/share in EPS on an annual basis also prompted the upgrade, analysts added.
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International Paper squares off with county over taxes
2015-01-11 07:59:16| Paper - Topix.net
Late last month, the company filed a lawsuit against the county, claiming it paid $2.7 million too much in machinery and tools taxes between 2012 and 2014. The suit, filed in Isle of Wight County Circuit Court, said International Paper paid the county a total of about $6.6 million in taxes from 2012 to 2014.
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