International Paper Company (NYSE:IP)
About International Paper Company (NYSE:IP) International Paper Company (International Paper) a global paper and packaging company. It is complemented by the North American merchant distribution system, with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. The Company operates in six business segments: Industrial Packaging, Printing Papers, Consumer Packaging, Distribution, Forest Products, and Specialty Businesses and Other. The wholly owned subsidiary of International Paper is International Paper Investments (Luxembourg) S.a.r.l. On August 4, 2008, the Company completed the acquisition of the assets of Weyerhaeuser Companyâ€™s containerboard, packaging and recycling (CBPR) business. In July 2010, International Paper Company purchased SCAPackaging Asia.
52 week range
$19.33 - $29.25
Financials International Paper Company (NYSE:IP) As per its financial statements ending September 30th, 2010 international paper company (IP) generated the total revenue of $6.72 billion which has been increased by 9.78 percent as compared to the total revenue of $6.12 billion for the same period in last quarter. The company reported the increase of 326 percent in net profit to $397 million for the quarter ended September 30th, 2010 as compared to net income of $93 million for the same period in last quarter. The net profit of $397 million resulted in the earnings of $0.92 per share. The companyâ€™s total assets accumulate up to $25.08 billion according to its balance sheet as on September 30th, 2010. Its total current assets accumulate up to $7.80 billion which cover the companyâ€™s current liabilities by 1.7 times.
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