|By PR Newswire||
|July 19, 2013 08:01 AM EDT||
NEW YORK, July 19, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting International Paper Company (NYSE: IP), Sealed Air Corp. (NYSE: SEE), Packaging Corp. of America (NYSE: PKG), Crown Holdings, Inc. (NYSE: CCK), and Flowers Foods, Inc. (NYSE: FLO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
International Paper Company Research Report
On July 9, 2013, International Paper Company (IP) declared a quarterly dividend of $0.30 per share for the period from July 1, 2013 to September 30, 2013, inclusive, on the Company's common stock, par value $1.00. Additionally, IP declared a regular quarterly dividend of $1.00 per share also for the period from July 1, 2013 to September 30, 2013, inclusive, on the cumulative $4.00 preferred stock of the Company. The Company reported that both the dividends are payable on September 16, 2013, to shareholders of record at the close of business on August 15, 2013. The Full Research Report on International Paper Company - 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/9aae_IP]
Sealed Air Corp. Research Report
On July 15, 2013, Sealed Air Corp. (Sealed Air) announced that it will release its financial results for Q2 2013 at 7:30 a.m. ET on Friday, August 2, 2013, and will host a conference call and webcast at 11:00 a.m. ET later that day. The Company informed that its President and Chief Executive Officer, Jerome A. Peribere and Chief Financial Officer, Carol P. Lowe, will conduct the investor conference call. In other news, on July 11, 2013, Sealed Air announced that its Board of Directors declared a quarterly cash dividend of $0.13 per common share. This dividend is payable on September 20, 2013, to stockholders of record at the close of business on September 6, 2013. The Full Research Report on Sealed Air Corp. - 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/5550_SEE]
Packaging Corp. of America Research Report
On July 16, 2013, Packaging Corporation of America (PCA) announced its financial results for Q2 2013. Net sales increased 12.3% YoY to $800.2 million. Excluding special items, net income was $69 million or $0.71 per share, compared to Q2 2012 net income of $48 million or $0.49 per diluted share. Corrugated product shipments per workday were up 5.2% YoY, and total shipments were up 6.8% YoY with one more workday in Q2 2013. Commenting on the results, Mark W. Kowlzan, Chief Executive Officer of PCA, said, "We had an outstanding quarter in all aspects of our operations with record earnings driven by higher prices and higher corrugated products volume. The annual outages at three of our mills went extremely well with very efficient start-ups and record productivity. Earnings were higher than our second quarter guidance driven by better than forecasted sales volume and price, and lower than forecasted costs." The Full Research Report on Packaging Corp. of America - 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/df34_PKG]
Crown Holdings, Inc. Research Report
On July 11, 2013, CROWN Beverage Packaging North America, a business unit of Crown Holdings Inc. (Crown), announced that it is rolling out its new Vented End beverage cans for two of Canada's top selling brands: Coors Light and Molson Canadian. The Company said that the Vented End features two holes rather than the one hole found on traditional can ends. According to Crown, with the vented ends, consumers experience a smooth pour while enjoying the flavorful and familiar beverage. The Company stated that the new cans became available in mid-June 2013, while national distribution began on Canada Day weekend, a public holiday which was celebrated on July 1, 2013. The Full Research Report on Crown Holdings, 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/57fc_CCK]
Flowers Foods, Inc. Research Report
On July 8, 2013, Flower Foods, Inc. (Flower) announced that it has received regulatory approval pursuant to the Hart-Scott-Rodino Act to acquire the Wonder, Nature's Pride, Merita, Home Pride, and Butternut bread brands, 20 bakeries, and 36 depots from Old HB Inc. (formerly known as Hostess Brands). The Company first announced its agreement to purchase the assets from Old HB for $360 million in February 2013. Flower expects the transaction to be completed in a few weeks from the date of the announcement. The Full Research Report on Flowers Foods, 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/f82c_FLO]
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