Goldman Sachs Added Sappi Ltd. (SPP) to its Conviction Sell List

June 12, 2009 9:32 AM EDT

Goldman Sachs added Sappi Ltd. (NYSE: SPP) to its Conviction Sell List, citing valuation and earnings outlook.

Sappi Limited operates in the pulp and paper industry worldwide. It produces coated fine paper for use in books, brochures, magazines, catalogues, corporate communications materials, direct mail promotions, educational textbooks, and luxury advertising.


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SPP 3.80

+0.03 +0.80%
Volume: 8,142
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