Page 6 - Paper Packaging News Today

Shares of International Paper Co. slipped 0.1% in premarket trading Wednesday, after the paper producer said production shutdowns to optimize manufacturing...

New Mexico Educational Retirement Board grew its stake in Greif, Inc. (NYSE:GEF – Free Report) by 13.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,200 shares of the industrial products company’s stock after purchasing an additional 600 shares during the […]

Higher energy costs and an increased focus on decarbonisation are affecting the competitiveness of European paper packaging producers.

Greif, Inc. (NYSE:GEF – Get Free Report) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totalling 856,800 shares, a drop of 10.6% from the August 31st total of 958,400 shares. Based on an average daily volume of 123,900 shares, the days-to-cover ratio is […]

Greif, Inc. (NYSE:GEF – Free Report) – Zacks Research lowered their FY2024 earnings per share estimates for Greif in a research note issued on Wednesday, September 13th. Zacks Research analyst M. Das now expects that the industrial products company will earn $5.81 per share for the year, down from their previous estimate of $5.82. The […]

Greif, Inc. (NYSE:GEF-B – Get Free Report)’s stock price rose 1.1% during trading on Tuesday . The stock traded as high as $71.68 and last traded at $71.45. Approximately 17,199 shares changed hands during trading, The stock had previously closed at $70.68. Greif Price Performance The stock has a 50-day moving average of $76.01 and […]

Greif, Inc. (NYSE:GEF – Get Free Report) announced a quarterly dividend on Tuesday, August 29th, Zacks reports. Shareholders of record on Friday, September 15th will be paid a dividend of 0.52 per share by the industrial products company on Sunday, October 1st. This represents a $2.08 dividend on an annualized basis and a yield of […]

WestRock Co.’s stock was up 8.2% as a leading gainer in premarket trading Tuesday as the packaging company confirmed plans to merge with Smurfit Kappa Group...

The move would ensure aseptic cartons can be recycled in the same pulping process as waste paper.

Stifel Nicolaus reiterated their buy rating on shares of Greif (NYSE:GEF – Free Report) in a report published on Thursday, Benzinga reports. Stifel Nicolaus currently has a $94.00 target price on the industrial products company’s stock. GEF has been the subject of a number of other research reports. Wells Fargo & Company increased their price […]