IP Stock Recent News

International Paper's (IP) Q3 results will likely reflect the ongoing weakness in packaging demand due to muted customer spending amid the inflationary scenario.

International Paper (IP) plans to close its containerboard mill in Orange and two of its pulp machines to optimize the manufacturing system.

International Paper (IP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Shares of International Paper Co. IP, -0.11% slipped 0.1% in premarket trading Wednesday, after the paper producer said production shutdowns to optimize manufacturing will result in about 900 employees losing their jobs. The paper producer said it will permanently close its containerboard mill in Orange, Texas and permanently cease production on two pulp machines, one in Riegelwood, N.C.

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Since riding the pandemic global e-commerce boom, International Paper Company NYSE: IP has been beaten to a pulp. With demand lower and costs higher, shares of the packaging products specialist fell as much as 53% from their 2021 peak this summer.

International Paper's stock has risen 10% over the past year and offers a dividend yield of 5.2%. The company's business has faced challenges due to falling demand for boxes, but it appears to be bottoming out. International Paper's customers have been destocking inventory, but management believes this trend is coming to a close, which should be positive for volumes and pricing.

International Paper (IP) announces the opening of its newest facility in Atglen for its Corrugated Packaging business.

Sustained gains in e-commerce—and a reduced inventory glut—should help the manufacturer.

International Paper's (IP) Q2 earnings decline year on year, reflecting lower volumes across its segments.