Fox Business - The Power to Prosper
Search Site

MeadWestvaco

Related Topics

  1. State Street Corporation
  2. News Corporation
  3. Progressive Corp.
  4. Harris Corp.
  5. Dollar General
  6. Target Corp.
Get updates on MeadWestvaco
Trian Fund Shows No Stake in MeadWestvaco , Cuts State Street Holding

Nelson Peltz's Trian Fund Management LP reported no position in MeadWestvaco Corp. (MWV) after last quarter disclosing it had accumulated nearly 1.6 million shares of the packaging company.The most recent filing also shows that Trian cut its stake in custody bank State Street Corp. (STT) by nearly a quarter, to 2.4 million shares.The update to Trian's holdings were reported in a securities filing late Wednesday, showing a snapshot of the firm's portfolio as of March 31.Trian's previous 13F filing, a form that disclosed the holdings of investors that manage over $100 million at the end of each quarter, showed that it had taken a new position in MeadWestvaco, which makes packaging for health-care, beauty and tobacco industries, among others, toward the end of 2012.The most recent filing also showed Trian with significantly higher stakes in two food companies, Mondelez International Inc. (MDLZ) and PepsiCo Inc. (PEP), than in the prior quarter. The firm reported owning 40.3 million shares...

Read More ›

  1. International Paper 1Q Profit Falls, Sales Lag Street View

    International Paper (NYSE:IP) narrowed its first-quarter profit as corporate expenses more than doubled and weaker export paper prices pushed sales below Wall Street...

  2. How to play it: Real estate's bright spots hard to locate

    By Sam ForgioneTHE ISSUE: The S&P Indices/Case Shiller recorded a fourth consecutive month of increases. Existing home sales jumped in the latest report. Low-rate mo...

  3. Cerberus-owned NewPage files for Chapter 11

    By Tom HalsWILMINGTON, Delaware (Reuters) - NewPage Corp <NEWPG.UL>, the biggest maker of magazine paper in North America, filed for bankruptcy on Wednesday, succumb...

  4. Meadwestvaco Selling Global Media and Entertainment Packaging Business for $68M

    Meadwestvaco (NYSE:MWV) said Friday that it is selling its global media and entertainment packaging business to Atlas Holdings for $68 million in cash.The transactio...

  1. Market Wrap for Friday, February 15: Stocks Little Changed to End Week

    It was another relatively uneventful market day on Friday as stocks were little changed and volatility was contained in other markets. Investors continue to focus on...

  2. MeadWestvaco Shares Jump On Peltz Fund Stake

    MeadWestvaco Corp. shares surged as much a 11% at the open Friday after financier Nelson Peltz's Trian Fund Management said it had taken as stake in the company. Acc...

  3. Trian Fund Reports No Stake in Kraft, Slashes State Street, Adds MeadWestvaco

    Financier Nelson Peltz's Trian Fund Management reported no position in the food company formerly known as Kraft Foods Inc. in a securities filing late Thursday, afte...

  4. MeadWestvaco 2Q Results: Postgame Scorecard

    MeadWestvaco's (NYSE:MWV) profit dropped in the second quarter.Earnings and Revenue The company posted an EPS above analyst expectations, though revenues fell short ...

  5. MeadWestvaco 2Q Earnings Pregame Scorecard

    Last quarter MeadWestvaco (NYSE:MWV) topped estimates by 10 cents per share, and it is scheduled to report again on Wednesday.ExpectationsAnalysts currently expect M...

  6. Duke Energy, Target Among Stocks Up on High Volume Tuesday

    These are stocks that are up on high volume today:Duke Energy (NYSE:DUK) was up on high volume today, trading with volume of 10.4 million, or 1.6 times its average d...

  7. Basic Materials Sector Wrap

    While the S&P 500 grew 0.6%, the Basic Materials sector (XLB) showed little movement during trading today.As a proxy for the sector, the ETF tracked closer to the ov...

Freebase CC-BY
Source: MeadWestvaco on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL