Kapstone (KS) Gains with International Paper (IP)
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
BofA/Merrill Lynch Upgrades KapStone Paper & Packaging (KS) to Neutral
August 29, 2016 6:56 AM EDTBofA/Merrill Lynch upgraded KapStone Paper & Packaging (NYSE: KS) from Underperform to Neutral.
For an analyst ratings summary and ratings history on KapStone Paper & Packaging click here. For more ratings news on KapStone Paper & Packaging click here.
Shares of KapStone Paper & Packaging closed at $17.25 yesterday.
... MoreInternational Paper (IP) Affirms Plans to Hike Containerboard Prices
August 25, 2016 5:24 PM EDTInternational Paper (NYSE: IP) disclosed the following on Thursday:
Item 7.01. Regulation FD Disclosure.
International Paper Company has communicated with its customers a price increase of $50 per short ton on all containerboard products, effective with shipments on October 1, 2016.
... More