New Partnerships, Financial Results, and Successful Divestures - Research Report on Tempur Sealy, KapStone Paper and Packaging, Domtar Corporation, Schweitzer-Mauduit, and Titan International
NEW YORK, August 9, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Tempur Sealy International Inc. (NYSE: TPX), KapStone Paper and Packaging Corporation (NYSE: KS), Domtar Corporation (NYSE: UFS), Schweitzer-Mauduit International Inc. (NYSE: SWM), and Titan International Inc. (NYSE: TWI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Tempur Sealy International Inc. Research Report
On July 29, 2013, Tempur Sealy International Inc. (Tempur Sealy) reported that its Tempur-Pedic brand has entered into a partnership agreement with the Chicago Bears professional football team. As per the arrangement between the duo, Tempur Sealy will furnish the players' training camp dorm rooms with 125 Tempur-Pedic king-sized beds, and thereby become the Proud Mattress Provider of the Chicago Bears Training Camp. Rick Anderson, EVP and President at Tempur-Pedic North America, LLC, commented, "At Tempur-Pedic, we like to say 'you are how you sleep' because all of us need a good, relaxing rest to prepare for the day ahead and be our best selves physically and mentally. We're pleased to provide the Chicago Bears players with a comfortable place to sleep after a hard day of practice so they can be at peak performance throughout training camp." The Full Research Report on Tempur Sealy International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/a799_TPX ]
KapStone Paper and Packaging Corporation Research Report
On July 31, 2013, KapStone Paper and Packaging Corporation (KapStone) announced its results for Q2 2013. The Company's net sales were at $326.3 million, up 6.6% YoY during the quarter. For Q2 2013, net income was $21.0 million, up 14.1% YoY, and diluted EPS was $0.44, up 12.8% YoY. Roger W. Stone, KapStone Chairman and Chief Executive Officer, commented, "In addition to our legacy operations performing very well in the second quarter, we were equally delighted with the performance of Longview which we acquired on July 18, 2013. Together, KapStone and Longview create an even stronger and more diversified company." The Full Research Report on KapStone Paper and Packaging Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/3a31_KS ]
Domtar Corporation Research Report
On July 31, 2013, Domtar Corporation (Domtar) reported that it has successfully closed its previously announced sale of its Ariva business in the US. Ariva was purchased by privately-held Central National-Gottesman Inc., who will integrate the business into Lindenmeyr Munroe, a division of Central National-Gottesman. Further, the Company reported that the transaction will not affect Ariva's Canadian operations since they will be consolidated into Domtar's Pulp and Paper Division. The Full Research Report on Domtar Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/90c3_UFS ]
Schweitzer-Mauduit International Inc. Research Report
On July 31, 2013, Schweitzer-Mauduit International Inc. (SWM) reported its financial results for Q2 2013 and H1 2013. SWM posted net sales of $196.5 million, up 1.9% YoY during the quarter, while the Company's H1 2013 net sales stood at $391.0 million, up 0.8% YoY. Non-GAAP diluted earnings per share from continuing operations were $0.95 in Q2 2013, compared to $0.88 in Q2 2012. Frederic Villoutreix, Chairman of the Board and Chief Executive Officer of SWM, said, "We had solid second quarter 2013 operating performance and our Adjusted Diluted Earnings Per Share from Continuing Operations of $0.95 slightly exceeded our expectations. Nevertheless, RT segment volume is tracking slightly below our expectations due to the higher than anticipated cigarette smoking attrition rates, and we now expect 2013 RT segment volume to be somewhat lower than 2012." The Full Research Report on Schweitzer-Mauduit International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/efad_SWM ]
Titan International Inc. Research Report
On July 24, 2013, Titan International Inc. (Titan) reported its financial results for Q2 2013. The Company's sales for Q2 2013 totaled $593.3 million, up 29.2%YoY. Titan's income from operations was $36.9 million in Q2 2013, compared with $81.0 million in Q2 2012. Adjusted net income for Q2 2013 was $13.7 million, compared to $28.8 million in Q2 2012. Chairman and CEO of Titan, Maurice M. Taylor, said, "Titan continues to execute our business strategy through acquisitions and product innovation. Titan is making the focused investments needed to deliver the long term growth opportunities to the company. Titan is planning to close on the purchase of Voltyre-Prom, which is the leading producer of agricultural and industrial tires in Russia, no later than September 1, 2013. This acquisition will increase our international footprint and be Titan's base for other acquisitions in the CIS region." The Full Research Report on Titan International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/2ff9_TWI ]
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SOURCE Analysts' Corner
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