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International Paper announced the permanent closure of its Georgetown, South Carolina mill. The mill will shut down in stages with a full closure expected by the end of 2024. The [...]

Sylvamo (SLVM) and International Paper (IP) are mutually terminating a supply agreement for uncoated freesheet, bristols and specialty papers at the Georgetown, South Carolina, mill. The agreement will terminate Dec. [...]

International Paper announced that its board of directors elected Andy Silvernail as Chairman of the International Paper Board of Directors in addition to his role as CEO, effective October 1, [...]

Truist raised the firm's price target on International Paper to $61 from $57 and keeps a Buy rating on the shares after its Q3 earnings beat. During the quarter and [...]

RBC Capital analyst Matthew McKellar raised the firm's price target on International Paper to $64 from $56 and keeps an Outperform rating on the shares after its Q3 earnings beat. [...]

International Paper announced the decision to review strategic options for its global cellulose fibers, or GCF, business. The decision to explore alternatives for the GCF business is consistent with the [...]

Truist analyst Michael Roxland raised the firm's price target on International Paper to $57 from $55 and keeps a Buy rating on the shares as part of a broader research [...]

Bearish flow noted in International Paper with 1,439 puts trading, or 1.6x expected. Most active are Jan-25 40 puts and 10/25 weekly 49 calls, with total volume in those strikes [...]

Bearish flow noted in International Paper with 1,114 puts trading, or 1.7x expected. Most active are Oct-24 46.5 puts and Jan-25 45 puts, with total volume in those strikes near [...]

Wells Fargo raised the firm's price target on International Paper to $52 from $45 and keeps an Equal Weight rating on the shares. The firm believes the cboard industry is [...]

Bullish option flow detected in International Paper with 10,242 calls trading, 3x expected, and implied vol increasing over 1 point to 26.26%. Oct-24 50 calls and 11/1 weekly 50 calls [...]

Pactiv Evergreen has completed its sale of the Pine Bluff, Arkansas, paper mill and Waynesville, North Carolina, extrusion facility to Suzano. The sale proceeds are $110M, subject to customary adjustments [...]

Truist analyst Michael Roxland notes that Fastmarkets RISI reported that Cascades (CADNF) announced a $40/ton linerboard, $70/ton medium, and $40/ton white top linerboard price increase effective October 7 in letters [...]

Stifel initiated coverage of International Paper with a Hold rating and $48.70 price target. The analyst started coverage of the global pulp, paper and packaging sector with fifteen companies. The [...]

Seaport Research upgraded International Paper to Buy from Neutral with a $52 price target. The selloff after Suzano dropped its takeover pursuit provides a 'reasonable entry point' into International Paper, [...]

Argus upgraded International Paper to Buy from Hold with a $52 price target. The company's earnings have been hurt by higher input costs and lower demand, but the firm believes [...]

Argus upgraded International Paper to Buy from Hold with a $52 price [...]

RBC Capital analyst Matthew McKellar raised the firm's price target on International Paper to $56 from $52 and keeps an Outperform rating on the shares after its Q2 earnings beat. [...]

Wells Fargo analyst Gabe Hajde raised the firm's price target on International Paper to $45 from $43 and keeps an Equal Weight rating on the shares. While improving cboard fundamentals [...]

Clearwater Paper announced that it has entered into a definitive agreement to sell its tissue business to Sofidel America Corporation, a subsidiary of Sofidel S.p.A., a manufacturer of paper for [...]

Truist raised the firm's price target on International Paper to $55 from $52 and keeps a Buy rating on the shares as part of a broader research note previewing Q2 [...]

Seaport Research analyst Mark Weintraub upgraded International Paper to Buy from Neutral with a $52 price [...]

Truist keeps a Buy rating on International Paper after Suzano announced it has ended negotiations with the company as the price it had intended to offer did not result in [...]

Suzano is no longer pursuing a takeover of International Paper, according to Bloomberg, which isn't a total surprise given it's limited balance sheet, Jefferies analyst Philip Ng tells investors in [...]

International Paper (IP) and DS Smith (DITHF) announced the expiration of the waiting period under the Hart-Scott-Rodino Act - the HSR Act - for the proposed combination of DS Smith [...]

Jefferies notes that Bloomberg is reporting that Suzano (SUZ) is looking to raise as much as $19B of debt for a potential International Paper (IP) deal, which the firm argues [...]

International Paper (IP) CEO Andrew Silvernail has traveled to London, England to reiterate his company's commitment to merger partner DS Smith (DITHF), downplaying an acquisition bid from Suzano SA (SUZ) [...]

International Paper (IP) CEO Andrew Silvernail has traveled to London, England to reiterate his company's commitment to merger partner DS Smith (DITHF), downplaying an acquisition bid from Suzano SA (SUZ) [...]

In Q3 sees: Increasing paperboard demand and production volumes; Lower maintenance outage cost impact; Continued strong performance in tissue, partly offset by higher pulp costs. Comments taken from investor presentation [...]

Reports Q2 revenue $586M vs $525M last year. 'We completed the acquisition of the Augusta facility in May and our integration is on track. We are pleased with the quality [...]

Global Banking News-October 24, 2024-UPM Specialty Papers and Michelman launch innovative paper-based packaging solutions (C)2024 ENPublishing - http://www.enpublishing.co.uk Renewable packaging materials UPM Specialty Papers, a subsidiary of UPM (HEL:UPM), announced [...]

Brazilian pulp and paper company Suzano (SUZ) has approached U.S.-based International Paper (IP) to express interest in an all-cash acquisition that would be worth almost $15B, people familiar with the [...]

Brazilian pulp and paper company Suzano (SUZ) has approached U.S.-based International Paper (IP) to express interest in an all-cash acquisition that would be worth almost $15B, people familiar with the [...]

Global Banking News-April 16, 2024-International Paper agrees to acquire DS Smith, creating global packaging leader (C)2024 ENPublishing - http://www.enpublishing.co.uk Renewable fibre-based packaging and pulp products provider International Paper (NYSE: IP) [...]

International Paper (IP) provided an update on its possible offer for DS Smith (DITHF) pursuant to which International Paper would acquire the entire issued and to be issued share capital [...]

International Paper (IP) issued the following statement to the London Stock Exchange: 'International Paper Company notes the recent announcement by DS Smith and confirms that it is in discussions with [...]

International Paper (IP) is weighing an offer of over GBP 5B for British-based packaging group DS Smith (DITHF), Sky News' Mark Kleinman reports. A formal offer by International Paper would [...]

Mark Kleinman of Sky News tweeted: 'EXCLUSIVE: International Paper, the US-listed paper producer with a market capitalisation of over $14bn, is weighing a move to gatecrash a GBP 10bn merger [...]

Bearish flow noted in International Paper with 2,653 puts trading, or 1.0x expected. Most active are Jun-24 43 puts and 5/31 weekly 45 puts, with total volume in those strikes [...]

Truist raised the firm's price target on International Paper to $52 from $40 and keeps a Buy rating on the shares as part of a broader research note on Containerboard [...]

Wells Fargo analyst Gabe Hajde raised the firm's price target on International Paper to $41 from $37 and keeps an Equal Weight rating on the shares. As Suzano appears to [...]

Bearish flow noted in International Paper with 5,750 puts trading, or 4x expected. Most active are Jun-24 38 puts and Jul-24 37.5 puts, with total volume in those strikes near [...]

Suzano (SUZ) has been in talks with advisers about increasing its $15B acquisition offer for International Paper (IP), Anirban Sen and David French of Reuters report, citing people familiar with [...]

Suzano (SUZ) has been in talks with its advisers about sweetening its $15B acquisition offer for International Paper (IP), people familiar with the matter told Reuters' Anirban Sen and David [...]

Bullish option flow detected in International Paper with 4,934 calls trading, 1.9x expected, and implied vol increasing over 4 points to 37.52%. Oct-24 42.5 calls and May-24 42 calls are [...]

Consistent with its standing practice, International Paper offers no comment on rumors or speculation contained in recent media reports. The IP team, led by new CEO Andy Silvernail, is executing [...]

Bullish option flow detected in International Paper with 16,526 calls trading, 4x expected, and implied vol increasing over 9 points to 35.29%. Oct-24 45 calls and Jun-24 35 puts are [...]

Jefferies analyst Philip Ng notes that a few of the firm's contacts have confirmed Packaging Corp. (PKG) has matched International Paper's (IP) $50/ton price increase on linerboard and an $80/ton [...]

Wells Fargo lowered the firm's price target on International Paper (IP) to $37 from $42 and keeps an Equal Weight rating on the shares. While improving containerboard fundamentals are positive [...]

Reports Q1 revenue $4.62B, consensus $4.56B. 'International Paper made progress executing our strategic initiatives in the first quarter,'' said Mark Sutton, chairman and CEO. 'We saw commercial benefits from our [...]