Share Acquisition and Redemption, Upcoming Financial Results, and New Water Standards - Analyst Notes on International Paper, Domtar, Fortune Brands, Sealed Air, and KapStone
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NEW YORK, April 14, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding International Paper Co. (NYSE: IP), Domtar Corporation (NYSE: UFS), Fortune Brands Home & Security, Inc. (NYSE: FBHS), Sealed Air Corporation (NYSE: SEE), and KapStone Paper and Packaging Corporation (NYSE: KS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1042-100free
International Paper Co. Analyst Notes
On April 8, 2014, International Paper Co. (International Paper) reported that it has acquired the remaining 25% shares of Orsa International Paper Embalagens S.A. at an original transaction price per share for BRL318MM, or US$135MM, from its joint venture partner, Jari Celulose, Embalagens e Papel S.A. - Brazilian pulp and packaging producer. The Company stated that with this acquisition, it will get full ownership of three containerboard mills and four box plants, which form Jari's corrugated packaging assets. Commenting on the acquisition, John Farraci, Chairman and CEO of the Company, said, "This investment is in-line with our strategy to selectively grow our industrial packaging business globally in attractive markets and put capital to work that deliver returns above our cost of capital." The full analyst notes on International Paper Co. will be available to download free of charge at:
http://www.analystsreview.com/1042-IP-14Apr2014.pdf
Domtar Corporation Analyst Notes
On April 1, 2014, Domtar Corporation (Domtar) reported that its subsidiary, Domtar (Canada) Paper Inc., announced its plans to redeem all of its outstanding exchangeable shares on June 2, 2014 (the Redemption Date). The Company added that the Domtar Pacific Papers ULC elected to exercise its right to purchase all of the outstanding exchangeable shares from the holders on the Redemption Date. Domtar informed that on the Redemption Date, in exchange for each exchangeable share, holders of exchangeable shares will receive a share of the Company's common stock plus cash in the amount of all declared and unpaid dividends, if any, provided that the record date for the payment of such dividends is prior to the redemption date. The full analyst notes on Domtar Corporation are available to download free of charge at:
http://www.analystsreview.com/1042-UFS-14Apr2014.pdf
Fortune Brands Home & Security, Inc. Analyst Notes
On April 8, 2014, Fortune Brands Home & Security, Inc. (Fortune Brands) reported that it will release its Q1 2014 financial results on April 30, 2014, after the market close. The Company stated that Chris Klein, CEO, Lee Wyatt, CFO, and Brian Lantz, Vice President of Investor Relations and Corporate Communications, will host a conference call at 4:30 p.m. ET to discuss the results. Fortune Brands added that a live webcast of the conference call, along with its recorded replay, will be made available on the Company's website. The full analyst notes on Fortune Brands Home & Security, Inc. are available to download free of charge at:
http://www.analystsreview.com/1042-FBHS-14Apr2014.pdf
Sealed Air Corporation Analyst Notes
On April 9, 2014, Sealed Air Corporation (Sealed Air) announced that it became a founding partner of the AWS International Water Stewardship Program, which has been designed for providing global standards for large-scale water use organizations in managing and reporting water usage as well as addressing clean water risks and impacts. The Company stated that AWS Standard is the focus of the new AWS Program, which aims to directly provide or facilitate access to a range of services both public and private sector water users need to achieve their watershed level targets. Ron Cotterman, Vice President, Sealed Air, commented, "Sealed Air has been instrumental in developing the underlying AWS Standard since 2009 through sponsorship and support in reviewing and testing the Standard. As a Founding Partner of the newly launched AWS Program, we will share our extensive expertise in helping customers meet their water sustainability targets to progress the adoption of AWS globally." The full analyst notes on Sealed Air Corporation are available to download free of charge at:
http://www.analystsreview.com/1042-SEE-14Apr2014.pdf
KapStone Paper and Packaging Corporation Company Analyst Notes
On April 7, 2014, KapStone Paper and Packaging Corporation (KapStone) announced that it will release its Q1 2014 financial results on April 30, 2014, after the market close. The Company added that it will host a conference call on May 1, 2014, at 11:00 a.m. ET (10:00 a.m. CT), to review the results. KapStone stated that a simultaneous broadcast will be made available on the Company's website, where a replay can also be accessed at around 2:00 p.m. ET the same day. The full analyst notes on KapStone Paper and Packaging Corporation are available to download free of charge at:
http://www.analystsreview.com/1042-KS-14Apr2014.pdf
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