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Wednesday, April 7, 2010 as of 11:14 AM ET

MeadWestvaco

    MeadWestvaco Corp. () is an American packaging solutions company based in Richmond, Virginia. It has approximately 23,000 employees.

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    Get updates on MeadWestvaco
    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 overall market today than over the past month. Entering today's trading, XLB was down 0.2% over the last thirty trading days while the S&P 500 climbed -0%.The Eastern Company (NASDAQ:EML) was a major gainer in the sector, rising 9.2% (+$2.24) to close at $26.49 with 3,807 shares moving. The stock traded in a range of $22.58 to $26.49.MeadWestvaco (NYSE:MWV) was one of the sector's big losers, as its price dropped 8.9% (-$2.83) to close at $28.99. 2.1 million shares of the stock moved. The stock traded in a range of $28.96 to $29.63. The stock has been going in a negative direction over the last month, dropping $2.60 (-8.2%) from a price of $31.59 on March 30, 2012.Golden Minerals (AMEX:AUMN) declined 6.7% to close at $6.97, moving below its 50-day moving average of $7.27 and 200-day moving average of $7.95.Calgon Carbon Corpo...

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      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...

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