Packaging firm International Paper to close four US plants, cut 1% of global jobs
International Paper said on Thursday it was shutting down four production facilities in the U.S. and laying off about 1% of its global workforce to tackle softer demand for its packaging products from e-commerce and consumer goods firms.
International Paper's acquisition of DS Smith strengthens its global footprint, despite a 2.3% Q4 revenue decline, leading me to rate the stock as a hold. Read more here.
International Paper Co. closed 9.49% below its 52-week high of $60.36, which the company reached on November 25th.
Robbie previously served on DS Smith’s board of directors since 2019. International Paper finalized the $9.9 billion ...
In a report released yesterday, Alexandra Yates from Argus Research maintained a Buy rating on International Paper Co (IP – Research Report), ...
Sylvamo, an international paper company, announced it will be investing $145 million at its two locations in South Carolina ...
The modification allows for the mill to significantly reduce emissions of air pollution, volatile organic compounds and ...
BofA reinstated International Paper (IP) with a Neutral rating and $61 price target after the company recently closed on the acquisition of DS ...
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