DALLAS, Aug. 24, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring packaging maker/paper recycler Smurfit-Stone Container Corp. (Pink Sheets:SSCCQ). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Smurfit-Stone Container Corp. (Pink Sheets:SSCCQ) should be of particular interest to paper and paper products companies: Packaging Corporation of America (NYSE:PKG), Weyerhaeuser Company (NYSE:WY), Sonoco Products Company (NYSE:SON) and Temple-Inland (NYSE:TIN).
It is available at: http://www.stockpreacher.com/n/SSCCQ
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Smurfit-Stone Container Corp. (SSCCQ) engages in the manufacture of paperboard and paper-based packaging products in North America. In addition to developing new packaging designs and manufacturing of quality containerboards, the Company is also one of the world's largest paper recyclers, offering waste reduction services for the extraction of additional recyclables from the waste stream by partnering with customers. The Company's operations include 14 paper mills, 119 container plants, 26 reclamation plants, one paper tube and core plant and one wood products plant located in the United States and one lamination plant located in Canada.
In the report, the analyst notes:
"By reorganizing its capital structure, SSCCQ says it will work to become a more financially healthy company that is well positioned to meet the current market challenges. The Company, now operating under bankruptcy court protection, recently announced it is closing its Portland, Conn., facility while expanding its Mansfield, Mass., plant, which will include both equipment upgrade and expanded capacity.
"SSCCQ anticipates its financial performance will continue to be negatively impacted by weak economic conditions for the third quarter of 2009, expecting its operating results for its containerboard, corrugated containers and reclamation operations to be comparable to the second quarter of 2009. On a positive note, the Company expects higher containerboard production and increased shipments of corrugated containers, as well as lower cost for energy and additional benefits as a result of converting plant closures and other ongoing reorganization initiatives."
To read the entire report visit: http://www.stockpreacher.com/n/SSCCQ
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