PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Industry Intelligence, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Industry Intelligence Paper & Wood Product Index Up 6% for First Half of 2012 - Outperforms Dow Jones - Industry Intelligence Inc. U.S. Forest Products Stock Index measures the financial performance of 29 companies - IndustryIntel.com
Industry Intelligence Paper & Wood Product Index Up 6% for First Half of 2012 - Outperforms Dow Jones

 

NewswireToday - /newswire/ - Los Angeles, CA, United States, 2012/07/25 - Industry Intelligence Inc. U.S. Forest Products Stock Index measures the financial performance of 29 companies - IndustryIntel.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Packaging Equipment/Service Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Industry Intelligence Inc., a market intelligence and information management company serving the forest products, packaging, and food and beverage industries, today released the first-half 2012 results of its forest products index. U.S. forest products stocks rose almost 6% over the first six months of 2012, outperforming the Dow Jones Industrial Index, according to Industry Intelligence Inc.

Industry Intelligence compiles the U.S. Forest Products Stock Index, which measures the financial performance of 29 companies.

The index rose 5.8% from the beginning of January through June, closing June 29 at 103.18. In comparison, the Dow Jones Industrial Index rose 3.1% for the same time period.

The U.S. Forest Product Index is a 5-year-old market-weighted index that measures stock trading activity of sector participants who manufacture wood, paper, pulp and packaging.

The index did not outperform the S&P 500, which rose 7.8% over the first half of this year. It performed half as well compared with the same six months in 2011; for the first half of last year, the index rose 11.2%.

One of the biggest gainers for the six months was wood products company Louisiana-Pacific, which rose 34.8% to close at $10.88 on June 29. This small-cap stock offers investors a value price and has a solid business; analysts say it’s a good bet for those making a play on the gradual recovery of the housing market.

Louisiana-Pacific is the No. 1 producer of oriented strand board in North America. The recent strength in OSB pricing allowed the company to report a smaller-than-expected loss in the first quarter and a possible return to profitability in the second quarter.

Another wood products company that did well was Universal Forest Products, which rose 26.3% over the first six months of 2012. It closed June 29 at $38.98. Universal Forest, which makes lumber products, had an upbeat first quarter, turning to a profit from a loss the previous year.

Among paper packagers, Graphic Packaging rose 29.1% to close at $5.50/share. Investor sentiment is that there is considerable upside to the trading price.

Coated paper manufacturer Verso Paper did well through June, even before its stock soared in early July after proposing to buy rival NewPage. On March 8 the stock rocketed up on news of a bond issue, rising from an open of $1.23 to a high of $3.36 that day for a 170% gain. The stock closed June 29 at $1.18, a gain of 22.9% from January.

Among the biggest losers was Resolute Forest Products, which dropped 20.4% over the six months. The company, formerly known as AbitibiBowater, closed June 29 at $11.58. The company’s primary product is newsprint, which is declining with the newspaper industry.

Buckeye Technologies fell 14.8%, hurt by a quarterly report that missed on the top and bottom lines. It also announced that a structural failure of a specialty pulp line that caused a shutdown in June would impact fourth-quarter earnings.

Domtar dropped 4.1% in the six months and closed June 30 at $76.71. It lost 18% over the second quarter.

Sonoco Products dropped 8.5%, hurt by a smaller quarterly profit that took a hit from higher expenses.

About Industry Intelligence, Inc.

Industry Intelligence, Inc. (industryintel.com) has provided market intelligence to more than 600 companies worldwide from independent startups to Fortune 500 companies since it began as Forestweb in 1999. Over the years, Industry Intelligence has grown to cover the forest products, packaging and food and beverage industries from a high-level industry view to in-depth data, which clients use to prepare for meetings, generate sales reports, produce competitive analysis and create other business documents. Industry Intelligence innovation comes from industry experts using patented technology to deliver the market intelligence that companies use to compete, make informed decisions and succeed.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Packaging Equipment/Service Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Industry Intelligence, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Packaging Equipment/Service articles,
CATCH Visitors via Your Competitors Announcements!


Industry Intelligence Paper & Wood Product Index Up 6% for First Half of 2012 - Outperforms Dow Jones

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Mary Ann La Russa - IndustryIntel.com 
310-553-0008 m.larussa[.]industryintel.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Industry Intelligence, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Packaging Equipment/Service via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Industry Intelligence, Inc. / Company Profile


Read Packaging Equipment/Service Most Recent Related Newswires:

Mondi Recognised in Three Categories of WWF’s Environmental Paper Awards 2016
Smurfit Kappa will Showcase its Complete System of Bag-in-Box® Packaging Solutions and Expertise for Wine At the Goodwine Trade Show in Romania
Smurfit Kappa to Acquire Saxon Packaging
Smurfit Kappa at SITEVINITECH Argentina 2016
Smurfit Kappa and Nestlé Waters Won The ‘Innovation for Business’ Category At The Prestigious Trophee de Achats
Smurfit Kappa to Exhibit its Range of Packaging Solutions for Juice and Dairy At the INDAGRA Agricultural Exhibition
Packaging Expert Takes Gold and Silver in 2016 POPAI Awards
Ampac Engineers Improved Anti-Fog Technology for Fresh Produce Packaging
Mondi Group Signs An Agreement to Acquire Beepack
Ampacs MRE Pouch Innovation Serves NASA International Space Station
Duke’s Mayonnaise and E-Z SnackPak Excel in AmeriStar and WorldStar Award Competitions
Smurfit Kappa Wins A Trio of Awards At Czech Packaging Competition
Smurfit Kappa Wins Again The Top European Innovation Recognition Award from Nestlé
Smurfit Kappa Zedek Awarded Two POPAI Awards for its Creativity and Innovation in Retail Marketing and Point-of-purchase Advertising Displays
Double Success for Smurfit Kappa At Pakstar Awards

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)