Information Provided By:
Fly News Breaks for May 5, 2015
May 5, 2015 | 12:34 EDT
Jefferies said the IRS ruling which appears to exclude the paper-making process from MLP status is a letdown, but noted that the firm had viewed the MLP opportunity as "more of a call" option for the companies in the space. The firm, which said that underlying fundamentals in containerboard have improved materially, views today's pullback as a buying opportunity and does not think there is meaningful further downside for the stocks from current levels. Paperboard stocks that have dropped today after the IRS ruling include KapStone Paper (KS), International Paper (IP), Packaging Corp. (PKG), RockTenn (RKT) and MeadWestvaco (MWV).
News For IP;RKT;MWV;PKG;KS From the Last 2 Days
May 19, 2022 | 08:45 EDT
Latest data shows the largest indicative borrow rate increases among liquid option names include: (FRGE) 303.50% +2.67, Rocket Companies (RKT) 9.67% +1.41, Digital World Acquisition Corp (DWAC) 104.19% +1.30, Microvision (MVIS) 17.88% +0.59, Fisker (FSR) 31.63% +0.49, Yum China (YUMC) 1.62% +0.29, Golden Ocean (GOGL) 1.03% +0.25, PowerShares DB Optimum Yield Diversified Comm Strategy Portfolio (PDBC) 1.11% +0.23, Arch Coal (ARCH) 12.86% +0.21, and SPDR S&P Regional Banking (KRE) 1.14% +0.20.