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IP

International Paper

$44.63

-2.71 (-5.72%)

16:18
10/09/18
10/09
16:18
10/09/18
16:18

International Paper increases quarterly dividend 5.3%

International Paper's board raised the quarterly common stock dividend by 2.5c per share, or 5.3%, which brings the per share dividend to 50c per quarter, or $2.00 annually. This dividend is payable on December 14 to holders of record at the close of business on November 15.

  • 25

    Oct

IP International Paper
$44.63

-2.71 (-5.72%)

07/23/18
07/23/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Spotify (SPOT) initiated with a Buy at BTIG. 2. BJ's Wholesale (BJ) initiated with an Outperform at William Blair and Baird, a Buy at Jefferies, BofA/Merrill, Citi, and Nomura Instinet, an Equal Weight at Morgan Stanley, a Market Perform at Wells Fargo, as well as a Neutral at JPMorgan, and Goldman Sachs. 3. EverQuote (EVER) initiated with an Overweight at JPMorgan, an Outperform at JMP Securities, Oppenheimer, and William Blair, a Buy at Canaccord and BofA/Merrill, as well as a Market Perform at Raymond James. 4. International Paper (IP) resumed with a Buy at Citi. 5. Centene (CNC) initiated with an Overweight at Barclays. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/11/18
SPHN
09/11/18
NO CHANGE
SPHN
Equal Weight
International Paper exec changes a chance to shift narrative, says Stephens
Stephens analyst Mark Connelly said he does not expect the retirement of C. Cato Ealy, the "architect of IP's M&A strategy for nearly three decades," to result in a substantial shift in direction, but he does believe that his departure and the "unexpected exit" previously of CFO Glenn Landau give International Paper CEO Mark Sutton another opportunity to shift the narrative and possibly strategy as well. Connelly keeps an Equal Weight rating and $57 price target on International Paper shares.
10/09/18
BMOC
10/09/18
DOWNGRADE
BMOC
Market Perform
International Paper downgraded to Market Perform from Outperform at BMO Capital
10/09/18
BMOC
10/09/18
DOWNGRADE
Target $51
BMOC
Market Perform
International Paper cut to Market Perform at BMO Capital on supply capacity
As reported earlier, BMO Capital analyst Mark Wilde downgraded International Paper to Market Perform from Outperform and lowered his price target to $51 from $66. The analyst points to the "growing list of containerboard supply additions" - the biggest capacity surge in over two decades - even though the valuation on the stock doesn't look expensive. Wilde adds that it remains unclear over how the incremental capacity will be absorbed, with demand growth already slowing in spite of the "robust" macro economy, and lowers his FY19 EBITDA view to $4.3B from $4.4B.

TODAY'S FREE FLY STORIES

UTX

United Technologies

$126.33

-2.07 (-1.61%)

06:53
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Initiation
United Technologies initiated  »

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TVPT

Travelport

$15.70

-0.01 (-0.06%)

06:51
02/22/19
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06:51
Earnings
Travelport reports Q4 adj. EPS 31c, consensus 25c »

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  • 25

    Feb

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    Mar

ITT

ITT

$56.41

-0.25 (-0.44%)

06:51
02/22/19
02/22
06:51
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06:51
Hot Stocks
ITT to acquire Rheinhutte Pumpen Group for approximately $91.5M in cash »

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  • 22

    Feb

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    Feb

ROKU

Roku

$51.47

-2.16 (-4.03%)

06:50
02/22/19
02/22
06:50
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06:50
Downgrade
Roku rating change  »

Roku downgraded to…

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ITT

ITT

$56.41

-0.25 (-0.44%)

06:50
02/22/19
02/22
06:50
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06:50
Hot Stocks
ITT announces new $25M share repurchase program »

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  • 22

    Feb

  • 28

    Feb

FIT

Fitbit

$6.62

-0.03 (-0.45%)

06:50
02/22/19
02/22
06:50
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06:50
Downgrade
Fitbit rating change  »

Fitbit downgraded to…

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  • 25

    Feb

  • 27

    Feb

FSLR

First Solar

$51.91

0.23 (0.45%)

06:49
02/22/19
02/22
06:49
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06:49
Recommendations
First Solar analyst commentary  »

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ITT

ITT

$56.41

-0.25 (-0.44%)

06:49
02/22/19
02/22
06:49
02/22/19
06:49
Hot Stocks
ITT raises quarterly dividend 10% to 14.7c per share »

The ITT Board of…

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Citigroup
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  • 22

    Feb

  • 28

    Feb

NVRO

Nevro

$47.27

-1.12 (-2.31%)

06:49
02/22/19
02/22
06:49
02/22/19
06:49
Downgrade
Nevro rating change  »

Nevro downgraded to…

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03/06/13
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ITT

ITT

$56.41

-0.25 (-0.44%)

06:48
02/22/19
02/22
06:48
02/22/19
06:48
Earnings
ITT sees FY19 adjusted EPS $3.42-$3.66, consensus $3.57 »

Sees FY19 total revenue…

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Wedge Partners
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Citigroup
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Barclays

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  • 22

    Feb

  • 28

    Feb

ITT

ITT

$56.41

-0.25 (-0.44%)

06:47
02/22/19
02/22
06:47
02/22/19
06:47
Earnings
ITT reports Q4 adjusted EPS 82c, consensus 74c »

Reports Q4 revenue $678M,…

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  • 22

    Feb

  • 28

    Feb

ITT

ITT

$56.41

-0.25 (-0.44%)

06:46
02/22/19
02/22
06:46
02/22/19
06:46
Hot Stocks
Breaking Hot Stocks news story on ITT »

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03/08/13
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03/06/13
Citigroup
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  • 22

    Feb

  • 28

    Feb

CWST

Casella Waste

$33.55

-1.47 (-4.20%)

06:45
02/22/19
02/22
06:45
02/22/19
06:45
Downgrade
Casella Waste rating change  »

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  • 22

    Feb

  • 26

    Mar

CODX

Co-Diagnostics

$1.17

-0.015 (-1.27%)

06:45
02/22/19
02/22
06:45
02/22/19
06:45
Hot Stocks
Co-Diagnostics regains compliance with Nasdaq listing standards »

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  • 28

    Feb

  • 01

    Mar

06:45
02/22/19
02/22
06:45
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06:45
General news
FX Update: The dollar has been trading mixed »

FX Update: The dollar has…

SALT

Scorpio Bulkers

$4.00

-0.215 (-5.10%)

06:44
02/22/19
02/22
06:44
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06:44
Hot Stocks
Scorpio Bulkers refinances Kamsarmax vessel »

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MNTA

Momenta

$13.91

-0.16 (-1.14%)

06:42
02/22/19
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06:42
Hot Stocks
Breaking Hot Stocks news story on Momenta »

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  • 22

    Feb

TNK

Teekay Tankers

$1.06

(0.00%)

06:42
02/22/19
02/22
06:42
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06:42
Downgrade
Teekay Tankers rating change  »

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CDE

Coeur Mining

$5.59

0.04 (0.72%)

06:41
02/22/19
02/22
06:41
02/22/19
06:41
Downgrade
Coeur Mining rating change  »

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MNTA

Momenta

$13.91

-0.16 (-1.14%)

06:41
02/22/19
02/22
06:41
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06:41
Earnings
Momenta reports Q4 EPS (10c), may not compare to consensus (51c) »

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  • 22

    Feb

KHC

Kraft Heinz

$48.19

-0.05 (-0.10%)

06:39
02/22/19
02/22
06:39
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06:39
Downgrade
Kraft Heinz rating change  »

JPMorgan downgrades Kraft…

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RCM

R1 RCM

$9.61

-0.1 (-1.03%)

06:39
02/22/19
02/22
06:39
02/22/19
06:39
Earnings
R1 RCM sees FY19 revenue $1.15B-$1.25B, consensus $1.19B »

Sees FY19: GAAP operating…

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  • 22

    Feb

MGLN

Magellan Health

$70.81

-1.6 (-2.21%)

06:39
02/22/19
02/22
06:39
02/22/19
06:39
Initiation
Magellan Health initiated  »

Magellan Health initiated…

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03/06/13
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03/06/13
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  • 28

    Feb

FB

Facebook

$160.07

-2.54 (-1.56%)

, GOOG

Alphabet

$1,096.93

-16.98 (-1.52%)

06:39
02/22/19
02/22
06:39
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06:39
Periodicals
Facebook to shut down Onavo VPN app following backlash, TechCrunch reports »

Facebook (FB) will…

FB

Facebook

$160.07

-2.54 (-1.56%)

GOOG

Alphabet

$1,096.93

-16.98 (-1.52%)

GOOGL

Alphabet Class A

$1,103.86

-16.74 (-1.49%)

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  • 25

    Feb

  • 03

    Mar

  • 18

    Mar

COG

Cabot Oil & Gas

$24.54

-0.41 (-1.64%)

06:38
02/22/19
02/22
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06:38
Hot Stocks
Breaking Hot Stocks news story on Cabot Oil & Gas »

Cabot Oil & Gas sees…

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  • 22

    Feb

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    Mar

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