International Paper, Fibria Celulose, Sealed Air, MeadWestvaco, and Crown Holdings Early Briefing and Review
LONDON, March 19, 2013 /PRNewswire/ --
2012 was a challenging year for paper & paper products and packaging & containers sectors. Asia/Pacific region has been the biggest growth driver for the two sectors over the past few years, and the trend is expected to continue. Going forward, the region, led by China, will continue to be the growth driver for companies such as International Paper Company (NYSE: IP), Fibria Celulose SA (NYSE: FBR), Sealed Air Corp. (NYSE: SEE), MeadWestvaco Corp. (NYSE: MWV), and Crown Holdings Inc. (NYSE: CCK). Meanwhile, consolidation is another major trend that could emerge in the coming years, given the fact that the paper & paper products industry is highly fragmented. On Monday, all five stocks ended lower as the broad market struggled amid concerns over the Eurozone. StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
http://www.stockcall.com/report
International Paper Company's shares slipped in Monday's trading session, ending the day 0.59% lower at $45.39 on volume of 3.20 million. The stock has now fallen nearly 3% in the last five sessions. Despite the recent pullback, the company's shares have gained nearly 14%, year-to-date. Shares of IP have slipped in the last few sessions after failing to break through $47 resistance level. The stock has support at around $44. Sign up for the free report on IP at
http://www.StockCall.com/IP031913.pdf
Shares of Fibria Celulose SA fell in trading yesterday; however, the losses were marginal. The stock ended the day 0.44% lower at $11.22 on volume of 1.23 million. Fibria Celulose's shares have also fallen nearly 3% in the last five trading sessions. The stock is now trading close to a key support level of $11. Its MACD has just crossed below the signal line, which is a bearish signal. The stock is also trading below its 50-day moving average, further confirming the bearish trend. FBR free technical report can be accessed by signing up at
http://www.StockCall.com/FBR031913.pdf
Sealed Air Corp.'s shares fell sharply in trading in its last session, tracking losses in the broad market. The stock closed 1.03% lower at $24.02 on volume of 2.05 million yesterday. Despite the sharp decline, the company's shares have gained 3% in the recent three sessions. The stock has outperformed the S&P 500 this year, gaining more than 37%. Sealed Air Corp.'s shares have seen a series of highs since the start of this year, which is a bullish signal. The stock is currently trading well above its 50-day and 200-day moving averages, which further confirms the upbeat trend. Free report on SEE can be accessed by registering at
http://www.StockCall.com/SEE031913.pdf
Shares of MeadWestvaco Corp. finished nearly flat on Monday. The stock closed 0.05% lower at $37.68, with volume at 859,621. The stock has gained more than 1.30% in the last three trading sessions. Yesterday, MeadWestvaco's shares touched a 52-week high of $37.84. The stock has seen a series of highs over the past week, which is a bullish signal. The positive trend is further confirmed by its MACD chart. The Packaging & Containers company's shares have gained more than 18% so far this year. Register with StockCall and download the research on MWV for free at
http://www.StockCall.com/MWV031913.pdf
Shares of Crown Holdings Inc. posted modest losses in Monday's session. The stock ended the day 0.10% lower at $40.46 on volume of 432,118. The company's shares are currently trading close to their 52-week high of $40.63. The stock has had an excellent run so far this year, gaining nearly 10%, compared to a gain of a little over 8.80% for the S&P 500. Crown Holdings' shares recently broke through $40 resistance level. Read the full free research on CCK by signing up to StockCall at
http://www.StockCall.com/CCK031913.pdf
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