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United States

International Paper Co (IP.N)

IP.N on New York Stock Exchange

54.29USD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

International paper co says on Aug. 9, co entered into supplemental indenture to indenture, dated as of APRIL 12, 1999 - SEC filing
Wednesday, 9 Aug 2017 03:28pm EDT 

Aug 9 (Reuters) - International Paper Co :International Paper Co - on August 9, 2017, co entered into a supplemental indenture to indenture, dated as of april 12, 1999 - SEC filing.International Paper Co - ‍ pursuant to indenture, company issued and sold $1.0 billion aggregate principal amount of 4.350% notes due 2048 ​.International Paper Co - notes bear interest at rate of 4.350% per year and will mature on August 15, 2048.  Full Article

International Paper prices $1.0 bln senior unsecured notes
Monday, 31 Jul 2017 03:43pm EDT 

July 31 (Reuters) - International Paper Co ::International Paper prices $1.0 billion of senior unsecured notes.Priced $1.0 billion of 4.350% senior unsecured notes due 2048​.Notes were issued at a public offering price of 99.898%​.  Full Article

International Paper Q2 adjusted operating earnings per share $0.65
Thursday, 27 Jul 2017 06:59am EDT 

July 27 (Reuters) - International Paper Co :International paper reports second quarter 2017 earnings.Q2 adjusted operating earnings per share $0.65.Q2 earnings per share $0.19.Q2 sales $5.8 billion versus i/b/e/s view $5.7 billion.Q2 earnings per share view $0.65 -- Thomson Reuters I/B/E/S.International paper co - industrial packaging operating profits in q2 of 2017 were $50 million.International paper co - printing papers operating profits were $86 million in q2 of 2017.  Full Article

Bristol-Myers Squibb Q2 non-gaap earnings per share $0.74
Thursday, 27 Jul 2017 06:59am EDT 

July 27 (Reuters) - Bristol-myers Squibb Co ::Bristol-Myers Squibb reports second quarter financial results.Q2 non-gaap earnings per share $0.74.Q2 gaap earnings per share $0.56.Q2 revenue $5.1 billion versus I/B/E/S view $5.09 billion.Q2 earnings per share view $0.74 -- Thomson Reuters I/B/E/S.Sees FY 2017 GAAP earnings per share $2.66 to $2.76.Bristol-Myers Squibb Co - qtrly opdivo worldwide revenues $1,195 million versus $840 million last year.Bristol-Myers Squibb Co - qtrly Sprycel Worldwide revenues $ 506 million versus $451 million last year.Q2 yervoy worldwide revenues $322 million versus $241 million last year.Bristol-Myers Squibb Co - ‍raising lower end of its non-gaap EPS guidance range from $2.85 - $3.00 to $2.90 - $3.00 for 2017​.Q2 eliquis worldwide revenues $1,176 million versus $777 million last year.FY 2017 earnings per share view $2.95 -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $2.95, revenue view $20.32 billion -- Thomson Reuters I/B/E/S.  Full Article

International Paper signs agreement to sell foodservice business in China
Thursday, 29 Jun 2017 09:20am EDT 

June 29 (Reuters) - International Paper Co :International Paper signs agreement to sell foodservice business in China.International Paper - Determined these markets can more effectively be served through its ilim joint venture in russia, with products exported from U.S..International Paper Co - Definitive agreement to sell its foodservice business in China to Huhtamaki Hong Kong Limited.  Full Article

Rubicon updates on acquisition of US-based Arborgen Inc
Wednesday, 28 Jun 2017 05:33pm EDT 

June 29 (Reuters) - Rubicon Ltd :Rubicon acquires US-based Arborgen Inc.Purchase price of deal is US$29 million.Payments outstanding under two deferred tranches are secured by pledge to International Paper & Westrock of all of Rubicon's shares in Arborgen.  Full Article

International Paper agrees to settle Kleen products class action litigation
Tuesday, 27 Jun 2017 05:31pm EDT 

June 27 (Reuters) - International Paper Co :International Paper agrees to settle kleen products class action litigation.International Paper Co - ‍under terms of agreement, company will pay $354 million into a settlement fund in return for dismissal and release of all claims​.International Paper Co - company will record a reserve for expected settlement, which will result in a pre-tax charge of $354 million in Q2 of 2017.International Paper - entered into agreement to settle kleen products antitrust class action lawsuit against co and 7 other containerboard producers.International Paper-‍agreement resolves claims involving certain product's price bought from co, temple-inland, Weyerhaeuser by class members prior to court approval ​.  Full Article

International Paper Q1 adjusted operating profit $0.60/shr
Thursday, 27 Apr 2017 06:59am EDT 

April 27 (Reuters) - International Paper Co :International paper reports first quarter 2017 earnings.Q1 adjusted operating earnings per share $0.60.Q1 earnings per share $0.50.Q1 sales $5.5 billion versus $5.1 billion.Q1 earnings per share view $0.56, revenue view $5.47 billion -- Thomson Reuters I/B/E/S.International paper co says non-gaap free cash flow was $259 million for q1 of 2017 and $311 million in q1 of 2016.International paper co - special items in q1 of 2017 included a pre-tax charge of $14 million.International paper co says consumer packaging operating profits were $33 million in q1 of 2017 compared with $41 million in q4 of 2016.International paper co - industrial packaging operating profits in q1 of 2017 were $365 million compared with $372 million in q4 of 2016.  Full Article

International Paper's Pensacola mill resumes full operations
Monday, 3 Apr 2017 04:01pm EDT 

International Paper Co : International Paper's Pensacola mill resumes full operations . International Paper Co - including capital expenses, company estimates total costs related to incident will be between $80 and $120 million . International Paper Co- Pensacola mill has successfully resumed full operations following a digester incident that occurred on January 22, 2017 .International Paper Co - majority of these costs are expected to be recovered through insurance coverage.  Full Article

International Paper reports Q4 earnings per share $0.53
Thursday, 2 Feb 2017 06:55am EST 

International Paper Co - : International Paper reports fourth quarter and full year 2016 earnings . Q4 adjusted operating earnings per share $0.73 . Q4 earnings per share $0.53 . Q4 sales $5.4 billion versus I/B/E/S view $5.35 billion . Q4 earnings per share view $0.71 -- Thomson Reuters I/B/E/S . Special items in Q4 of 2016 included a pre-tax charge of $7 million for restructuring and other charges . Industrial packaging operating profits in Q4 of 2016 were $372 million compared with $424 million in Q3 of 2016 .Special items in Q4 included pre-tax charge of $7 million for restructuring, charges for costs associated with closure of mill in turkey.  Full Article

BRIEF-International Paper to continue participation in Trump's manufacturing jobs council

* International Paper says through participation on manufacturing jobs council, "we will work to strengthen the social and economic fabric of communities"‍​ Further company coverage: