Edition:
United States

International Paper Co (IP.N)

IP.N on New York Stock Exchange

50.46USD
2 Dec 2016
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Latest Key Developments (Source: Significant Developments)

International Paper CFO Carol Roberts to retire, Glenn Landau to become CFO
Thursday, 13 Oct 2016 09:25am EDT 

International Paper Co : International paper announces senior leadership moves . CFO Carol L. Roberts and SVP William Hoel to retire in early 2017 . Glenn Landau to become Chief Financial Officer .For remainder of this year, Landau will transition his current responsibilities in Latin America.  Full Article

International Paper says annual cash div up by 5 pct to $1.85 per share
Tuesday, 11 Oct 2016 04:01pm EDT 

International Paper Co : International paper increases its annual cash dividend by 5% to $1.85 per share .International paper co - increased company's regular quarterly dividend by 5 percent from $0.44 to $0.4625 per share.  Full Article

U.S. DOJ concludes review of International Paper's acquisition of Weyerhaeuser pulp business
Friday, 5 Aug 2016 10:00am EDT 

International Paper Co : U.S. Department of Justice concludes review of International Paper's acquisition of Weyerhaeuser pulp business . Regulatory reviews in other non-U.S. jurisdictions are ongoing .Completion of transaction is expected to occur in Q4 of 2016..  Full Article

International Paper prices $2.3 bln of senior unsecured notes
Tuesday, 2 Aug 2016 04:50pm EDT 

International Paper Co : International Paper prices $2.3 billion of senior unsecured notes .2027 and 2047 notes were issued at a public offering price of 99.624% and 99.899%, respectively..  Full Article

International paper files for potential notes offering
Tuesday, 2 Aug 2016 08:13am EDT 

International Paper Co :Files for potential notes offering; size not disclosed - SEC filing.  Full Article

International Paper reports Q2 earnings per share $0.10
Thursday, 28 Jul 2016 07:20am EDT 

International Paper Co : Consumer packaging operating profits were $73 million in q2 of 2016 compared with $25 million in q1 of 2016 . Special items in q2 of 2016 included a pre-tax charge of $28 million ($20 million after taxes) . International paper reports second quarter 2016 earnings . Q2 operating EPS $0.92 . Q2 earnings per share $0.10 . Q2 sales $5.3 billion versus I/B/E/S view $5.31 billion . Q2 earnings per share view $0.84 -- Thomson Reuters I/B/E/S .International Paper Co says industrial packaging operating profits in q2 of 2016 were $487 million compared with $433 million in q1 of 2016.  Full Article

International Paper Co enters into commercial paper program
Friday, 17 Jun 2016 08:17am EDT 

International Paper Co : International paper co says entered into a commercial paper program . May issue notes from time to time in an aggregate amount not to exceed $750 million outstanding at any time . Notes will have maturities of up to 365 days from date of issue - sec filing .Commercial paper program pursuant to which international paper may issue short-term, unsecured commercial paper notes.  Full Article

International Paper says goal of meeting or exceeding GFSI standards at all their U.S. Foodservice facilities by end of 2016
Wednesday, 25 May 2016 01:01pm EDT 

International Paper Co :Says goal of meeting or exceeding GFSI standards at all their U.S. Foodservice facilities by end of 2016.  Full Article

International Paper to acquire Weyerhaeuser's Pulp Business for $2.2 billion
Monday, 2 May 2016 08:00am EDT 

International Paper:Has entered into a definitive agreement to purchase Weyerhaeuser's pulp business.International Paper forecasts annual synergies of approximately $175 million by the end of 2018, which will require the need for one-time costs of approximately $85 million.Acquisition is expected to close in the 4th quarter of 2016.International Paper expects to realize a tax benefit with an estimated net present value of approximately $300 million.  Full Article

International Paper increases its annual cash dividend by 10%
Tuesday, 13 Oct 2015 04:01pm EDT 

International Paper:Increased the company's regular quarterly dividend by 10 percent from $0.40 to $0.44 per share for the period from October 1, 2015, to December 31, 2015, inclusive, on its common stock, par value $1.00.Says this increased regular dividend is payable on December 15, 2015, to shareholders of record at the close of business on November 16, 2015.  Full Article

U.S. packaging group Westrock puts dispensers unit up for sale - sources

FRANKFURT, Nov 18 U.S. packaging group Westrock has put a unit making soap dispensers and perfume sprayers up for sale in a potential $1 billion deal, as it seeks to streamline its portfolio after a recent merger, three people close to the matter said.