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International Paper's Net Earnings Increase in Full-Year 2017

Feb 8, 2018

International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...

Tags: International Paper, Paper

SCI Partners with Several Firms for Packaging Subsidiary Recapitalization

Jan 16, 2018

Stone Canyon Industries (SCI) has announced recapitalization of its packaging subsidiary with a minority investment from Ontario Teachers', Canyon Capital, PSP Investments and Arcadia. Under the deal, SCI is issuing $850m series A ...

Tags: Stone Canyon Industries, packaging

Alphabet Leads $1bn Investment in Uber Rival Lyft

Oct 23, 2017

CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...

Tags: CapitalG, Rival Lyft

International Paper's Profit Drops in Q2

Aug 3, 2017

American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...

Tags: paper, pulp

Sonoco Reports First Quarter Results for 2017

Apr 24, 2017

Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...

Tags: Sonoco, packaging

Lyft Raises $600m in Funding

Apr 13, 2017

US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...

Tags: Lyft, self-driving car

KapStone Reports Q4 and Full Year Results

Feb 14, 2017

KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...

Tags: KapStone Paper, Packaging

UK's Camra Calls for Beer Duty Freeze in Upcoming Autumn Statement

Nov 22, 2016

UK's not-for-profit consumer group The Campaign for Real Ale (CAMRA) is calling for the renewal of a beer duty freeze as the government prepares to unveil its latest proposals for the economy. The group is calling for a beer duty freeze ...

Tags: CAMRA, beer

Sonoco Reports Third Quarter 2016 Results

Nov 18, 2016

Sonoco, one of the diversified global packaging companies, reported financial results for its third quarter, ending 2 October 2016. Third Quarter Highlights Third quarter 2016 GAAP earnings per diluted share were $0.64, compared with ...

Tags: Sonoco, packaging

International Paper Reports Third Quarter 2016 Earnings

Nov 17, 2016

International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...

Tags: International Paper, containerboard

Multi Packaging Solutions Announces Q1 Fiscal 2017 Results

Nov 11, 2016

Multi Packaging Solutions International announced results for its first quarter ended 30 September 2016. 1Q FY 2017 vs. 1Q FY 2016: GAAP sales of $407.8 million vs. $459.1 millionNegative foreign exchange impact of $17.4 millionGAAP ...

Tags: Multi Packaging, Packaging

Cenveo Reports Third Quarter 2016 Results

Nov 10, 2016

Cenveo reported financial results for the third quarter ended 01 October 2016. he reported results for all periods presented exclude the operating results of the Company's packaging operating segment as well as its top-sheet lithographic ...

Tags: Cenveo, packaging operating

Supremex Announces Q3 2016 Results

Nov 10, 2016

Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the third quarter and nine-month period ended 30 ...

Tags: Supremex, packaging

WestRock Reports Results for Fourth Quarter and Fiscal 2016

Nov 10, 2016

WestRock Company, a provider of differentiated paper and packaging solutions, announced results for its fourth quarter and fiscal year ended 30 September 2016. Fourth Quarter 2016 Highlights Recorded a loss of $0.34 per diluted share ...

Tags: WestRock, paper packaging

6 April 2016 Sale of 40% Stake in Glencore Agricultural Products and Creation of Long-Term Partnership with CPPIB

Oct 27, 2016

Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...

Tags: Agricultural Products, Glencore

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