Shares in Atlanta, Georgia headquartered Graphic Packaging Holding Co. ended Monday's session at $13.60, down 0.29%. The stock recorded a trading volume of 3.47 million shares, which was above its three months average volume of 3.38 million shares. The Company's shares have gained 8.45% in the last one month, 3.26% in the previous three months, and 6.83% on an YTD basis. The stock is trading 4.38% above its 50-day moving average and 6.13% above its 200-day moving average. Moreover, shares of Graphic Packaging Holding, which together with its subsidiaries, provide paper-based packaging solutions to food, beverage, and other consumer products companies, have a Relative Strength Index (RSI) of 60.97.
On July 26th, 2016, Graphic Packaging Holding reported net income of $77.8 million, or $0.24 per share, for Q2 2016 compared to $57.6 million, or $0.17 per share, for Q2 2015. Adjusted net income for Q2 2016 was $60.1 million, or $0.19 per diluted share, compared to adjusted net income of $61.3 million, or $0.19 per diluted share, for Q2 2015. The company's net sales increased 4.4% to $1,103.2 million in Q2 2016 compared to $1,057.1 million in the prior year period. See our free and comprehensive research report on GPK at: http://stock-callers.com/registration/?symbol=GPK
Memphis, Tennessee headquartered International Paper Co.'s stock saw a slight decline of 0.68%, closing the day at $45.50 with a total volume of 2.06 million shares traded. The Company's shares have advanced 7.36% in the last month, 5.82% in the previous three months, and 23.55% on an YTD basis. The stock is trading 6.04% above its 50-day moving average and 14.66% above its 200-day moving average. Additionally, shares of International Paper, which operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East, have an RSI of 62.00.
On July 28th, 2016, the company reported net earnings attributable to International Paper of $40 million ($0.10 per share) for Q2 2016 compared to $227 million ($0.54 per share) in Q2 2015. The company's quarterly net sales were $5.3 billion in Q2 2016 compared to $5.7 billion in Q2 2015. IP free research report PDF is just a click away at: http://stock-callers.com/registration/?symbol=IP
On Monday, shares in Perrysburg, Ohio headquartered Owens-Illinois Inc. recorded a trading volume of 1.21 million shares. The stock ended the day 0.11% higher at $18.81. The Company's shares have gained 4.44% in the past month, 1.07% in the previous three months, and 7.98% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.73% and 7.56%, respectively. Furthermore, shares of Owens-Illinois, which through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and the Asia Pacific, have an RSI of 56.02.
On July 27th, 2016, Owens-Illinois reported that net sales for Q2 2016 were $1.8 billion, up $217 million, or 14% from the prior year's Q2. The company's earnings from continuing operations was $0.65 per share (diluted) for Q2 2016, which was on the high end of management`s guidance of $0.60 to $0.65 per share. Sign up for your complimentary report on OI at: http://stock-callers.com/registration/?symbol=OI
Richmond, Virginia-based WestRock Co.'s stock saw a drop of 2.31%, finishing yesterday's session at $41.92. A total volume of 2.01 million shares was traded, which was higher than their three months average volume of 1.68 million shares. The Company's shares have advanced 7.85% in the last one month and 2.41% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 5.02% and 2.42%, respectively. Additionally, shares of WestRock, which manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, and Asia, have an RSI of 53.28.
On July 29th, 2016, WestRock declared a dividend of $0.375 per share on its common stock. The dividend will be paid on August 22nd, 2016 to stockholders of record as of the close of business on August 12th, 2016. Register for free on Stock-Callers.com and download the latest research report on WRK at: http://stock-callers.com/registration/?symbol=WRK
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.