Shares of International Paper Co. undefined fell 0.6% in premarket trading Tuesday, to buck the big rally in the broader stock market, after Deutsche Bank...
Shares of International Paper Co. fell 0.6% in premarket trading Tuesday, to buck the big rally in the broader stock market, after Deutsche Bank analyst Kyle White turned bearish on the paper and packaging products company, citing concerns over falling containerboard prices."Given weakening demand and upcoming capacity additions, we anticipate containerboard prices will fall by $100 per ton in total over the next year," White wrote in a note to clients.
6% in premarket trading Tuesday, to buck the big rally in the broader stock market, after Deutsche Bank analyst Kyle White turned bearish on the paper and packaging products company, citing concerns over falling containerboard prices."Given weakening demand and upcoming capacity additions, we anticipate containerboard prices will fall by $100 per ton in total over the next year," White wrote in a note to clients.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jefferies upgrades Target and says shares could rally more than 20%The retailer's worst days for markdowns and supply costs appears to be behind it.
Read more »
Encanto Deleted Scene Would Have Had Julieta Publicly Challenge AlmaEncanto creator Jared Bush has opened up on Twitter about a deleted scene between Alma and Julieta, where the mother and daughter publicly argued.
Read more »
Bruce Willis' wife, Emma, shares sweet recap of family’s 'magic' summerBruce Willis' wife, Emma Heming Willis, posted a video on her Instagram of the near-perfect summer she had with her husband and children, less than a year after Willis announced his retirement.
Read more »
She-Hulk Double Shares New Cast Photos: 'I Learned So Much From This Set'The finale of She-Hulk: Attorney At Law was released earlier this week and included some major [...]
Read more »