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In a bad sign for the economy, the world is using fewer cardboard boxes

From Bloomberg: North American companies that make the raw material for corrugated boxes shut down nearly 1 million tons of capacity in the third quarter and a similar scenario is expected for the fourth quarter, Bloomberg Intelligence analyst Ryan Fox said. Prices are falling for the first time since 2020.
United States Ryan Fox Gabriel Fernandez Azzato Cristiano Teixeira Adam Josephson Packaging Corp

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John Dorfman: Capital One, Kelly Services selling below book value

People can argue all day about whether book value is a good gauge of a stock’s value. I say it is, and I believe the results from this column tend to prove it. Book value is a company’s net worth – the sum of its assets minus its liabilities. It
United States Graham Holdings Co Packaging Corp Kelly Services Inc Capital One Financial Corp Loews Corp

US corrugated board CEOs optimistic about long-term business despite short-term challenges

Smurfit Kappa CEO Tony Smurfit, Hood Container pres/COO Charlie Hodges, and Kruger senior vice-president and COO Michael Lafave discussed the containerboard and corrugated box markets during a discussion panel on Nov. 8 at Fastmarketsโ€™ Forest Products International Containerboard Conference (ICC) in Chicago, IL
United States Smurfit Kappa George Staphos Tony Smurfit Charlie Hodges Lasse Sinikallas

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