Edition:
United States

International Paper Co (IP.N)

IP.N on New York Stock Exchange

42.06USD
18 Oct 2018
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$-1.14 (-2.64%)
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Latest Key Developments (Source: Significant Developments)

International Paper Co Entered Into Agreement Relating To Retirement Plan
Monday, 1 Oct 2018 05:28pm EDT 

Oct 1 (Reuters) - International Paper Co ::INTERNATIONAL PAPER CO - ENTERED INTO AN AGREEMENT WITH PRUDENTIAL INSURANCE COMPANY OF AMERICA RELATING TO RETIREMENT PLAN.INTERNATIONAL PAPER CO - BY TRANSFERRING OBLIGATIONS TO PRUDENTIAL, CO WILL REDUCE ITS U.S. QUALIFIED PENSION PLAN LIABILITIES BY ABOUT $1.6 BILLION.INTERNATIONAL PAPER - WILL TRANSFER TO PRUDENTIAL FUTURE BENEFIT OBLIGATIONS AND ANNUITY ADMINISTRATION FOR ABOUT 23,000 RETIREES.INTERNATIONAL PAPER - AS RESULT OF AGREEMENT, CO EXPECTS TO RECOGNIZE A NON-CASH PENSION SETTLEMENT CHARGE OF ABOUT $400 MILLION BEFORE TAX IN Q418.  Full Article

Smurfit Kappa reaffirms strong rejection of International Paper bid
Friday, 4 May 2018 03:34am EDT 

May 4 (Reuters) - International Paper Co ::SMURFIT KAPPA CEO REITERATES THAT INTERNATIONAL PAPER PROPOSAL ENTIRELY FAILS TO VALUE GROUP'S INTRINSIC BUSINESS WORTH, PROSPECTS.  Full Article

International Paper Reports Q4 Adjusted Operating Earnings Per Share $1.27
Thursday, 1 Feb 2018 06:59am EST 

Feb 1 (Reuters) - International Paper Co ::INTERNATIONAL PAPER REPORTS FOURTH QUARTER AND FULL-YEAR 2017 EARNINGS.Q4 ADJUSTED OPERATING EARNINGS PER SHARE $1.27.Q4 EARNINGS PER SHARE $3.50.Q4 SALES $5.7 BILLION VERSUS $5.0 BILLION.Q4 EARNINGS PER SHARE VIEW $1.19, REVENUE VIEW $6.01 BILLION -- THOMSON REUTERS I/B/E/S.INTERNATIONAL PAPER - Q4, FY 2017 NET EARNINGS INCLUDED PROVISIONAL NET TAX BENEFIT OF $1.2 BILLION RELATED TO U.S. TAX CUTS AND JOBS ACT OF 2017.INDUSTRIAL PACKAGING OPERATING PROFITS IN Q4 OF 2017 WERE $609 MILLION COMPARED WITH $490 MILLION IN Q3 OF 2017.INTERNATIONAL PAPER - SPECIAL ITEMS IN Q4 INCLUDED A PRE-TAX CHARGE OF $83 MILLION FOR DEBT EXTINGUISHMENT COSTS INCLUDED IN RESTRUCTURING, OTHER CHARGES.  Full Article

Graphic Packaging Says U.S. FTC Granted Early Termination For Deal Between Co, International Paper, Others
Wednesday, 29 Nov 2017 06:33am EST 

Nov 29 (Reuters) - Graphic Packaging Holding Co ::GRAPHIC PACKAGING- ON NOV 22, U.S. FTC GRANTED EARLY TERMINATION OF WAITING PERIOD UNDER HART-SCOTT-RODINO ACT, FOR DEAL BETWEEN CO, INTERNATIONAL PAPER, OTHERS.  Full Article

International Paper Q3 earnings per share $0.95
Wednesday, 25 Oct 2017 06:59am EDT 

Oct 25 (Reuters) - International Paper Co ::International Paper reports third quarter 2017 earnings.Q3 adjusted operating earnings per share $1.08.Q3 earnings per share $0.95.Q3 sales $5.9 billion versus I/B/E/S view $5.89 billion.Q3 earnings per share view $1.06 -- Thomson Reuters I/B/E/S.  Full Article

Graphic Packaging to create a $6 billion integrated paper-based packaging company
Tuesday, 24 Oct 2017 07:00am EDT 

Oct 24 (Reuters) - Graphic Packaging Holding Co :Graphic Packaging to create a $6 billion integrated paper-based packaging company by combining with International Paper's North America consumer packaging business.Graphic Packaging Holding Co - ‍deal projected to be accretive to earnings in year one​ post-closing of deal.Graphic Packaging Holding - Co will own 79.5 percent of partnership and will be sole operator; International Paper will own 20.5 percent of partnership​.Graphic Packaging Holding Co - deal will ‍have no change to Graphic Packaging's current board of directors or leadership team​.Graphic Packaging Holding - ‍international Paper's North America consumer packaging business is projected to generate adjusted EBITDA of $210 million in 2017​.  Full Article

International Paper to combine unit with Graphic Packaging in $1.8 bln deal
Tuesday, 24 Oct 2017 06:59am EDT 

Oct 24 (Reuters) - International Paper Co ::International paper and Graphic Packaging create leading consumer packaging platform.International Paper Co - transaction valued at $1.8 billion​.International Paper Co - ‍signed a definitive agreement to contribute its north america consumer packaging business to graphic packaging​.International Paper Co - ‍ip plans to use $660 million in cash proceeds from a loan being assumed by graphic packaging to pay down existing debt​.International Paper-‍will also receive 20.5 pct ownership interest valued at $1.14 billion in a unit of graphic packaging that will hold assets for combined business​.International Paper Co - ‍transaction is expected to close in early 2018​.  Full Article

International Paper Co says latest appoinments makes size of its board 15
Wednesday, 11 Oct 2017 04:29pm EDT 

Oct 11 (Reuters) - International Paper Co :International Paper Co says with election of Jacqueline C. Hinman and Clinton A. Lewis Jr, size of board will be 15 members​ - SEC filing.  Full Article

International Paper Co's board of directors elects two new board members
Wednesday, 11 Oct 2017 04:01pm EDT 

Oct 11 (Reuters) - International Paper Co :International Paper's board of directors elects two new board members.International paper co - ‍election of Jacqueline C. Hinman and Clinton A. Lewis, Jr. to board of directors effective November 4.  Full Article

International Paper Co raises annual cash dividend by 2.7 pct to $1.90/shr
Tuesday, 10 Oct 2017 04:01pm EDT 

Oct 10 (Reuters) - International Paper Co :International Paper increases its annual cash dividend by 2.7 pct to $1.90 per share.  Full Article

Smurfit Kappa reaffirms guidance after International Paper drops bid

DUBLIN, June 6 Smurfit Kappa reaffirmed its guidance on Wednesday that its full year earnings will be materially better than last year after rival International Paper (IP) decided to end its pursuit of the Irish packaging company.