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SPPJY vs. ETF Alternatives
Wednesday, Feb 82012, 9:05 AMPremarket gainers: BWLD +15%. RMBS +12%. CEDC +9%. CSC +8%. RL +8%. DEXO +7%. VMED +4%. MT +4%. NSU +4%. JASO +4%. ALU +4%. STO +3%. RENN +3%. DRYS +3%. SPIL +3%. TWX +3%.
Losers: SGI -24%. TNK -13%. DFT -10%. WU -8%. SPP -5%. OPEN -3%. ZNGA -3%. NBG -3%. CTSH -3%. |Wednesday, Feb 82012, 9:05 AM| Comment!
Thursday, Nov 102011, 8:02 AMSouth African paper maker Sappi Limited (SPP) says it will boost its profitable chemical cellulose output after the firm realizes a loss in FQ4. The sharp falloff in demand for the paper used in glossy magazines has the company looking in new directions. Shares +6.6% in Johannesburg, ADRs +5.5% premarket. |Thursday, Nov 102011, 8:02 AM| Comment!
Friday, Oct 72011, 2:04 PMSappi (SPP +3.1%) trades higher after the maker of paper and pulp products announces a series of restructuring moves for its underperforming European and South African operations. Sappi expects to take restructuring charges of ~$160M for FQ4 '11, which ended in September. |Friday, Oct 72011, 2:04 PM| Comment!