International Paper (IP) is gaining high interest from multiple investment firms. Shares have been bought by Capital Investment Advisors, SG Americas Securities LLC, and Cetera Investment Advisors. IP deepens its commitment to nature-centric practices by investing $15.3 million in conservation partnerships, fine-tuning its ESG commitments. Recently, IP survived a takeover attempt from Brazil's Suzano. The company issued results for Q2 and Q4 of 2023 & Q1 and Q2, 2024. The firm announced an agreement to acquire DS Smith, effectively driving its value higher. However, despite the stated acquisition, there's speculation surrounding lower prices affecting IP's Q2 earnings, with shares witnessing fluctuations. IP's strong position was recognized earning it a spot as one of Ethisphere’s 2024 World’s Most Ethical Companies for the 18th time. Lastly, IP is responding to challenging market conditions with strategic actions and has elected a new CEO.
International Paper IP News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 11 Aug 2024 14:39:06 GMT -
