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Kapstone (KS) Gains with International Paper (IP)

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BofA/Merrill Lynch Upgrades KapStone Paper & Packaging (KS) to Neutral

August 29, 2016 6:56 AM EDT

BofA/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.

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International Paper (IP) Affirms Plans to Hike Containerboard Prices

August 25, 2016 5:24 PM EDT

International 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.

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