DALLAS, Sept. 21, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring cosmetic company Smurfit-Stone Container Corp. (Pink Sheets:SSCCQ). The report includes financial, comparative and investment analyses, 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 other paper and packaging companies: International Paper Co. (NYSE:IP), Weyerhaeuser Co. (NYSE:WY) and MeadWestvaco Corp. (NYSE:MWV).
It is available at: http://www.beaconequity.com/i/SSCCQ
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Smurfit-Stone Container Corp. (SSCCQ) engages in the production of integrated containerboard and corrugated packaging. The Company is among the largest paper recyclers of the world, and is a member of the Sustainable Forestry Initiative (SFI) and Chicago Climate Exchange. Founded in 1968, the Company is headquartered in Chicago, Illinois. On January 26, 2009, the Company filed reorganization under Chapter 11 in U.S. Bankruptcy Court for the District of Delaware.
In the report, the analyst notes:
"Demand and shipments in the U.S. and Canada paper markets have steadily declined since the beginning of the decade, leaving capacity at unusually high levels. The industry has undergone shutdowns and financial restructuring to reduce capacity and long-term debt levels. The drop in demand was most acute between 2000 and 2002, leveling off during the subsequent four years.
"In an effort to achieve unassisted profitability, additional plant closings and personnel layoffs will be executed during the coming 12 months. Overall, management doesn't expect significant top-line growth, but does anticipate continued weakness until the U.S. and Canadian economies are clearly on track to real GDP growth accompanied with lower unemployment rates."
To read the entire report visit: http://www.beaconequity.com/i/SSCCQ
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