Edition:
United States

International Paper Co (IP)

IP on New York Consolidated

63.46USD
22 Jan 2018
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Latest Key Developments (Source: Significant Developments)

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

International Paper reports Q3 adjusted operating EPS of $0.91
Thursday, 27 Oct 2016 06:58am EDT 

International Paper Co : International paper reports third quarter 2016 earnings . Q3 adjusted operating earnings per share $0.91 . Q3 earnings per share $0.75 . Q3 sales $5.3 billion versus I/B/E/S view $5.37 billion . Q3 earnings per share view $0.93 -- Thomson Reuters I/B/E/S . Special items in Q3 of 2016 included a pre-tax charge of $46 million for restructuring and other charges . Says industrial packaging operating profits in Q3 of 2016 were $424 million versus $459 million in Q2 of 2016 . Sats consumer packaging operating profits were $61 million in Q3 of 2016 compared with $73 million in Q2 of 2016 .Says printing papers operating profits were $128 million in Q3 of 2016 versus $96 million in Q2 of 2016.  Full Article

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

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