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International Paper Company (IP)

Stock (Consumer Products Industry, Paper & Paper Products Industry)

Analyst Upgrade A Buckingham Research analyst upgraded the stock becasue of improving profit margins and increasing cash flow. IP Buys Weyerhaeuser's Containerboard Packaging Division IP boughted WY's containerboard packaging and recycling business for $6 billion in cash. International Paper Company does not expect to meet analyst estimates International Paper Company’s stock price declined after the company announced that it may not meet analyst estimates in the third quarter. The company’s land sales were lower than expected because of which the company may not be able to meet analyst estimates. The company reduced its estimates for land sales earnings from $110-140 million to $100 million.

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