1. SOLID PAPER GAINS AT CHAMPION.
- Author
-
Marcial, Gene G.
- Subjects
INDUSTRIES ,STOCKS (Finance) ,SECURITIES ,BONDS (Finance) ,CORPORATIONS - Abstract
This article presents information related to paper stocks in the U.S. which have been on fire of late, partly because of an industry upturn stemming from a lift in overseas demand, including a pickup in Asia. There are also expectations of more takeovers. One stock on a tear is Champion International, a producer of paper and wood products, which leaped from 48 on October 5, 1999 to 59 on November 10, 1999. Finland's big paper-and-forest-products company, Big Board-listed UPM-Kymmene, may make a bid for Champion.
- Published
- 1999