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The Latest Breaking News from IP

PTT planning to produce medical consumables

National oil and gas conglomerate PTT Plc is to move into the production of medical consumables amid growing demand, especially in ageing societies, under a new partnership with petrochemical and plastic manufacturers.

Bangkok Post

Historics thrill as EnduroKa 24-hour proves a hit

Machines from yesteryear were in action at Cadwell Park and Brands Hatch last weekend, courtesy of the Historic Sports Car Club and Classic Sports Car Club. Meanwhile, the inaugural 24-hour EnduroKa race took place at the picturesque Anglesey Circuit.

Autosport

5 Red-Hot Consumer Cyclical Stocks Bucking the Market’s Downtrend

The stock market posted gains on Friday, providing some relief from the aggressive selling earlier in the week. Investors tend to flee from cyclical stocks in a recessionary environment. However, we think fundamentally strong consumer cyclical stocks that have bucked the market downtrend this year, Mattel (MAT), WestRock (WRK), International…

StockNews.com

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Is International Paper a Good Value Stock to Invest In?

Leading paper and packaging company International Paper (IP) topped sales estimates in its last reported quarter and its shares rose 5.6% in price on investor optimism surrounding the stock's prospects. So, let us evaluate if it is worth betting on the stock now, given the company’s solid fundamentals and the…

StockNews.com

International Paper Q1 Earnings Beat Estimates

International Paper Co (NYSE:IP) reported a first-quarter FY22 sales growth of 14% year-on-year to $5.24 billion, beating the consensus of $5.02 billion. Net sales from Industrial Packaging rose 12.1% Y/Y, Global Cellulose Fibres grew 19.3%, and Corporate and Inter-segment jumped 78%. Adjusted EPS of $0.76 beat the analyst consensus of $0.51. Business segment…

Benzinga

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