EXCLUSIVE-Brazil's Suzano readies $15 billion bid for International Paper, sources say Adds comment from Suzano in paragraph 4 By Anirban Sen NEW YORK, May 7 (Reuters) - Brazilian pulp and paper company Suzano SUZB3.SA has approached U.S.-based International Paper IP.N to express interest in an all-cash acquisition that would be worth almost $15 billion, according to people familiar with the matter.

EXCLUSIVE-Brazil's Suzano readies $15 billion bid for International Paper, sources say Adds statement from International Paper, share movement, paragraphs 4-7 By Anirban Sen NEW YORK, May 7 (Reuters) - Brazilian pulp and paper company Suzano SUZB3.SA has approached U.S.-based International Paper IP.N to express interest in an all-cash acquisition that would be worth almost $15 billion, according to people familiar with the matter.

EXCLUSIVE-Brazil's Suzano readies $15 billion bid for International Paper, sources say Adds share movement, paragraphs 4-5 By Anirban Sen NEW YORK, May 7 (Reuters) - Brazilian pulp and paper company Suzano SUZB3.SA has approached U.S.-based International Paper IP.N to express interest in an all-cash acquisition that would be worth almost $15 billion, according to people familiar with the matter.

EXCLUSIVE-Brazil's Suzano readies $15 bln bid for International Paper, sources say By Anirban Sen NEW YORK, May 7 (Reuters) - Brazilian pulp and paper company Suzano SUZB3.SA has approached U.S.-based International Paper IP.N to express interest in an all-cash acquisition that would be worth almost $15 billion, according to people familiar with the matter.

BUZZ-U.S. STOCKS ON THE MOVE-Sarepta, Zoetis, Pioneer Natural Resources Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and signaled a dovish tilt, with focus moving to a crucial job report later in the week.

BUZZ-U.S. STOCKS ON THE MOVE-Becton, Sarepta, Zoetis Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus moving to a crucial job report later in the week.

BUZZ-WestRock gains on Q2 profit beat Updates ** Shares of packaging company WestRock WRK.N up 6 .2 % t o a near two-year h igh of $50.9 2 ** Co's Q2 profit tops estimates on higher prices, easing input costs and a rebound in demand for its paper packaging products ** European rival Smurfit Kappa Group SKG.I also reported Q1 results on Wednesday th

WestRock Co reports results for the quarter ended in March - Earnings Summary WestRock Co WRK.N reported quarterly adjusted earnings of 39 cents​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 77 cents. The mean expectation of seven analysts for the quarter was for earnings of 23 cents per share.

UPDATE 1-WestRock beats quarterly profit estimates on rising prices Updates shares; adds Smurfit results May 2 (Reuters) - WestRock WRK.N beat quarterly profit expectations on Thursday, banking on higher prices, easing input costs and a rebound in demand for its paper packaging products, sending its shares up 6.3% in early trading. The company, which is being acquired by Ireland-based Smurfit Kappa for $11 billion, has redirected its focus toward bolstering its corrugated packaging portfolio and

BUZZ-U.S. STOCKS ON THE MOVE-Howmet Aerospace, Peloton, Freshworks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed fears around potential rate hikes, with focus moving to a spate of earnings reports through the day.

BUZZ-U.S. STOCKS ON THE MOVE-Qualcomm, Rush Street, MGM Resorts Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed fears around potential rate hikes, with focus moving to a spate of earnings reports through the day.

WestRock beats quarterly profit estimates on rising prices May 2 (Reuters) - WestRock WRK.N beat quarterly profit expectations on Thursday, helped by higher prices, easing input costs and a recovery in demand for its paper packaging products, sending its shares up 6% premarket. The company, which is being acquired by Ireland-based Smurfit Kappa for $11 billion, has redirected its focus toward bolstering its corrugated packaging portfolio and implemented cost-saving measures by shutting a few of

BUZZ-WestRock rises after Q2 adjusted profit beat ** Shares of packaging company WestRock WRK.N up 5.8% at $50.68 premarket ** Co's Q2 profit tops estimates ** European rival Smurfit Kappa Group SKG.I , which agreed to buy WestRock in an $11 billion deal last year, also reported Q1 results on Wednesday that cheered investors with sequential rise in

BRIEF-WestRock Q2 Sales USD 4,726.7 Million Vs. IBES Estimate USD 4,750 Million May 02 (Reuters) - WestRock Q2 net income USD 15.5 million. Q2 adjusted EBITDA USD 618.3 million vs. IBES estimate USD 577.2 million Q2 adjusted net income USD 101 million vs. IBES estimate USD 74.4 million

MORNING BID AMERICAS-Fed QT taper calms the horses, yen pops again A look at the day ahead in U.S. and global markets from Mike Dolan Anxious bond traders seem to have taken solace from the Federal Reserve's surprisingly sharp brake on its "quantitative tightening" process on Wednesday, while the yen capitalized on an easier dollar after what seemed like the second bout of Japanese intervention this week.

UPDATE 1-Smurfit Kappa shares rise on quarterly earnings improvement Recasts on share price rise DUBLIN, May 2 (Reuters) - Smurfit Kappa SKG.I shares rose in early trade on Thursday after its first quarter core profit fell sharply year-on-year but was higher than the final quarter of 2023 when it had signalled a dip in demand for packaging was at an end.

Packaging firm Smurfit Kappa posts 16% drop in Q1 profit DUBLIN, May 2 (Reuters) - Smurfit Kappa's SKG.I core profit fell 16% to 487 million euros ($522 million) in the first quarter despite a rise in volumes, Europe's largest paper packaging producer said on Thursday. Smurfit posted volume growth of 3% in Europe and 2% in the Americas yet its margin on earnings before interest, taxes, depreciation, and amortization (EBITDA) fell to 18% from 19.3% a year earlier.

What to Watch in the Day Ahead - Thursday, May 2 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT Apple's revenue is expected to decline 5% and would mark the fifth instance of topline drop in the past six quarters as demand for its chief commodity the iPhone as well Mac computers remains weak.

WestRock Co expected to post earnings of 23 cents a share - Earnings Preview WestRock Co WRK.N , WRK is expected to show a fall in quarterly revenue when it reports results on May 2 for the period ending March 31 2024 The Atlanta Georgia-based company is expected to report a 10.0% decrease in revenue to $4.75 billion from $5.28 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

What to Watch in the Week Ahead and on Monday, April 29 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Domino's Pizza is expected to post a rise in first-quarter revenue on resilient demand for its pizzas, helped by a revival in delivery demand and benefits from promotions and offers