There are 21 article(s) tagged International Paper Co.:

• May 2024

  • Brazilian firm reportedly offers to buy IP

    Deal could be worth $15 billion, unnamed sources say.

    By Jane Roberts May 07, 2024

• September 2023

  • International Paper fully divests Russian interests

    The Memphis-based company first announced in January it would sell its remaining interest to its joint venture partners for $484 million. 

    By Rob Moore September 19, 2023

• January 2023

  • International Paper’s earnings beat expectations as the company turns 125

    The Memphis-based company reported 2022 adjusted operating earnings of $1.2 billion, compared with the $944 million it recorded for 2021. 

    By Rob Moore January 31, 2023

  • International Paper to invest $103 million in Iowa plant

    IP’s in-house goals include a target to reduce enterprise greenhouse gas emissions by 35% by 2030. 

    Related story:

    International Paper to sell remaining Russian interests

    By Rob Moore January 25, 2023

  • How the Memphis-based public companies spent 2022

    Mergers and acquisitions, leadership transitions, uncertain economic conditions, global tensions — local publicly traded companies faced numerous challenges in 2022.

    By Rob Moore January 03, 2023

  • What Memphis-based public companies predict for 2023

    Memphis-based public companies FedEx, International Paper, Sylvamo and AutoZone have cautious outlooks for 2023. 

    By Rob Moore January 01, 2023

• July 2022

  • International Paper reports strong second quarter earnings

    Increased earnings were driven, in part, by higher prices. 

    By Rob Moore July 28, 2022

• June 2022

  • ‘Pen to Paper:’ IP featured on ‘How America Works’ with Mike Rowe

    The episode focused on the paper trade in the U.S., as well as the workers who keep it functioning. 

    By Rob Moore June 28, 2022

• April 2022

  • International Paper reports solid earnings despite continued Russian venture

    Despite the solid earnings, the first quarter presented unique challenges for IP including the surge of the omicron variant and geopolitical consequences of continuing operations in Russia. 

    By Rob Moore April 28, 2022

  • What are International Paper’s options for its Russian investment?

    A note from a packaging and forest products analyst dated Wednesday, March 13, mentions the “logistical, legal and financial challenges” IP faces by suspending or exiting operations with Ilim.

    By Rob Moore April 12, 2022

• March 2022

  • International Paper on short list of corporations still operating in Russia

    More than 375 companies around the world — including FedEx Corp. and Sylvamo Corp. — have suspended operations in the region following the humanitarian crisis created in the wake of Russia’s full-scale invasion of Ukraine.

    By Rob Moore March 15, 2022

  • International Paper to consider selling interest in Russian venture

    International Paper declined to comment further about its plans for operating in Russia following its full-scale invasion of Ukraine. 

    By Rob Moore March 11, 2022

• January 2021

  • IP to sell packaging business in Turkey

    IP owns a little more than 90% of the Turkish company.

    By The Daily Memphian Staff January 05, 2021

• January 2020

  • International Paper cites debt reduction, shareholder returns in 2019 report

    The company returned $1.3 billion to shareholders in the year ended Dec. 31, 2019, and reduced its debt by $1 billion. 

    By Christin Yates January 30, 2020

• October 2019

  • International Paper beats EPS estimate for third quarter

    International Paper Co. reported earnings of $1.09 per diluted share for the third quarter of 2019, beating the Zacks consensus estimate by 9%.

    By Christin Yates October 31, 2019

  • International Paper raises common dividend 2.5%

    International Paper Co. has increased the annual dividend on its common stock by 2.5%, raising it from $2.00 to $2.05 per share, the company has announced.

    By The Daily Memphian Staff October 09, 2019

• July 2019

  • International Paper Q2 earnings exceed estimates

    By Christin Yates July 28, 2019

• April 2019

  • International Paper earnings rise in Q1, revenues flat

    Quarterly earnings for Memphis-based International Paper beat the consensus estimate from Zacks by 20 cents per share.

    By Christin Yates April 26, 2019

• February 2019

  • Daily Briefs

    • New Collierville offices being built
    • Dixie Pickers store closing in Collierville
    • International Paper reports fourth-quarter earnings
    • New report shows increase in Shelby County new business filings in 2018
    • Veesart Financial completes transition with new name, leadership
    • Tennessee historical marker at LeMoyne-Owen to honor sit-ins

    By The Daily Memphian Staff February 01, 2019

• November 2018

  • International Paper donates $1M to U of M collaboration

    Memphis-based International Paper Co. has donated $1 million to the River City Partnership, a collaboration between the University of Memphis, Shelby County Schools and the Achievement School District.

    By Patrick Lantrip November 27, 2018

• October 2018

  • Five prominent business leaders to discuss diversity in the workplace

    Five panelists representing major companies in the Memphis area will share their thoughts and perspectives on diversity in the workplace at the 11th annual Leadership Memphis Multicultural Breakfast and diversity panel with the theme “ROI of Diversity,” Friday, Nov. 2, at Holiday Inn - University of Memphis.

    By Christin Yates October 22, 2018