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Benzinga

Business

Triveni Kothapalli

International Paper CEO Stresses Resilience After $1 Billion Impairment Blow

International Paper

Tipton,-,Circa,June,2020:,International,Paper,Corrugated,Sheet,Feeder

International Paper Co. (NYSE:IP) stock fell after the company reported its third-quarter earnings on Thursday, which fell short of analyst expectations.

The company reported an adjusted loss of 43 cents per share for the quarter, missing analysts' estimates for a profit of 47 cents per share. The result marks a sharp reversal from earnings of 33 cents per share a year earlier.

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Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

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