TIN
Temple-Inland Inc.NYSE
TIN is defunct.
  • Feb. 13, 2012, 10:41 AM

    Deutsche raises its price target for International Paper (IP +3.1%) to $41 from $39 following the company's announcement of an agreement with the DoJ on Friday for its purchase of Temple-Inland (TIN). Deutsche says the deal should to be neutral to FY12 earnings, and adds that it's surprised that IP won't be forced to divest any converting assets.

    | Feb. 13, 2012, 10:41 AM
  • Feb. 10, 2012, 12:29 PM

    International Paper (IP +0.1%) and Temple-Inland (TIN +0.4%) reach agreement with the Department of Justice that allows IP's acquisition of TIN to proceed. The combined company will undertake the post close divesture of 970,000 tons of containerboard mill capacity and divest three facilities.

    | Feb. 10, 2012, 12:29 PM
  • Jan. 30, 2012, 8:29 AM

    International Paper (IP) and Temple-Inland (TIN) agree to a second extension of the Justice Department’s period for reviewing the proposed acquisition of TIN. The extension now runs until Feb. 13, as the parties attempt to resolve DOJ’s concerns surrounding the pending transaction.

    | Jan. 30, 2012, 8:29 AM
  • Oct. 19, 2011, 8:40 AM
    Temple-Inland (TIN): Q3 EPS of $0.18 misses by $0.05. Revenue of $974M (+0.80% Y/Y) misses by $7.9M. (PR)
    | Oct. 19, 2011, 8:40 AM
  • Oct. 19, 2011, 12:05 AM
    Notable earnings before Wednesday's open: ABT, APH, APOL, BK, BLK, BPOP, CMA, DRH, FCX, KCG, MS, MTB, NTRS, NYB, PNC, ROC, SEIC, ST, STJ, SVU, TIN, TRV, TXT, USB, UTX
    | Oct. 19, 2011, 12:05 AM
  • Sep. 6, 2011, 9:34 AM

    International Paper (IP) gets its deal to acquire Temple-Inland (TIN +24.1%) at $32/share plus $600M in debt assumption, for a $4.3B transaction. The boards approved the deal after a summer during which IP took a smaller $3.1B offer to shareholders and TIN adopted a poison pill defense.

    | Sep. 6, 2011, 9:34 AM
  • Aug. 24, 2011, 2:55 PM

    International Paper (IP +2.5%) is likely to proceed with its takeover bid for Temple-Inland (TIN +4.3%), though it now has the opportunity to lower its bid after Temple was sued for more than $1B for "fraudulently looting" a former subsidiary, RBC Capital says. The firm maintains its Outperform rating on IP.

    | Aug. 24, 2011, 2:55 PM | 1 Comment
  • Aug. 23, 2011, 10:10 AM
    Temple-Inland (TIN) falls 9.3% after a SEC filing discloses the company was named as a defendent in a lawsuit alleging the firm caused the failure of Guaranty Financial Group.
    | Aug. 23, 2011, 10:10 AM
  • Jul. 21, 2011, 8:35 AM
    Temple-Inland (TIN): Q2 EPS of $0.21 misses by $0.01. Revenue of $1.02B (+4.1% Y/Y). (PR)
    | Jul. 21, 2011, 8:35 AM
  • Jul. 21, 2011, 12:05 AM

    Notable earnings before Thursday's open: ALV, ALXN, BAX, BBT, BX, CBE, CE, CRUS, CY, DHR, DO, ECA, ENTG, ERIC, FCX, FITB, FNFG, GR, HBAN, IR, JNS, LCC, LLY, MS, NOK, NUE, NYB, NYT, PEP, PM, PPG, SHW, SWY, T, TCB, TIN, TRV, TZOO, UAL, UNP, VFC, WHR

    | Jul. 21, 2011, 12:05 AM
  • Jul. 18, 2011, 10:18 AM

    Temple-Inland (TIN -0.8%) again rejects International Paper's (IP -2%) $3.3B hostile takeover bid, saying that it "grossly undervalues" the company and urging holders not to tender their shares. TIN's poison pill should ensure IP's bid fails unless the offer is raised. (previous)

    | Jul. 18, 2011, 10:18 AM
  • Jul. 14, 2011, 8:27 AM

    Citi calls International Paper (NYSE:IP) a Buy, and sets a $36 price target on shares. The firm is entrenched in a $3.3B bid for Temple-Inland (NYSE:TIN) that could be a long process, after the company adopted a poison pill to stop any buyer from purchasing more than 10% if its shares.

    | Jul. 14, 2011, 8:27 AM
  • Jul. 12, 2011, 8:54 AM

    After getting rejected by the company last month, International Paper (IP) takes its bid directly to Temple-Inland's (TIN) shareholders, launching a $3.1B cash tender offer for all outstanding shares. Temple-Inland’s board is advising shareholders to take no action pending a review. IP shares flat, TIN shares +0.5% premarket.

    | Jul. 12, 2011, 8:54 AM
  • Jul. 11, 2011, 4:34 PM
    International Paper (IP) takes its $30.60/share offer (about $3.3B) for Temple-Inland (TIN) to the shareholders, launching a tender offer after being rebuffed by management. TIN launched a stockholder-rights plan in defense. AH: IP +2.2%; TIN +0.8%.
    | Jul. 11, 2011, 4:34 PM
  • Jun. 7, 2011, 2:52 PM

    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%.

    | Jun. 7, 2011, 2:52 PM
  • Jun. 7, 2011, 9:10 AM

    Temple-Inland (TIN +42%) rolls out a stockholder rights plan and declares a dividend of one preferred share warrant for each common share - a move it says will assure that all stockholders receive fair treatment in the event of a takeover, and guard against abusive tactics "to gain control of Temple-Inland without paying all stockholders a premium for that control." (PR)

    | Jun. 7, 2011, 9:10 AM