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International Paper profit boxed in by weak packaging demand
date:May 03, 2013
s. The nascent recovery of the U.S. housing market is also helping increase demand for boxes used in moving, Faraci said.

Given the company's strong cash flow, an increase in the quarterly dividend from 30 cents is possible, Faraci said.

I think there's room for us to move up in the dividend, he said. We'll be looking at that later in the year with the board.

IP said last month it would spin off and merge its xpedx distribution business with Bain Capital-backed Unisource Worldwide Inc.

The x

12/23 17:37