International Paper (IP +1.1%) and Temple-Inland (TIN +42.3%) are in focus after IP's...

|About: International Paper Co. (IP)|By:, SA News Editor

International Paper (IP +1.1%) and Temple-Inland (TIN +42.3%) are in focus after IP's $30.60/share bid was rejected despite being a 46% premium to Monday's closing price. Other packaging and paper stocks rally on calls from bullish analysts that the industry is heading for consolidation: PKG +6.9%, WY +6.2%, BZ +5.6%, KS +4.3%, RKT +3.1%.