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Recent Articles

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Ashley Furniture releases 2023 corporate responsibility achievements in sustainability in recent report; company recycled 78,000 tons of wood, 12,000 tons of containerboard, 8,000 tons of polyfoam, 1,000 tons of metal, nearly 500 tons of plastic

CIBC downgrades Cascades to neutral from outperformer and lowers target C$3 to C$14, noting weaker containerboard performance, weak Q1 guide, retirement of 2024 guidance; 2024/2025 EBITDA estimates also decreased due to lowered containerboard contribution

Wells Fargo maintains Greif at outperform ahead of fiscal Q1 report, believes forward commentary will be more optimistic given recent US$40/ton containerboard, pending uncoated recycled paperboard price hikes; near-term volume weakness expected to persist

Jefferies raises Smurfit Kappa's earnings forecast, noting improving box demand; integrated box makers like Smurfit are relative winners, running their mill and box systems at better operating rates, especially in fragmented containerboard and box market

Cascades optimistic about contributions from new Virginia plant amid other closures

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