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Clearwater Paper Corporation is a pulp and paper product manufacturer that was created on December 9, 2008, via a spin-off from the real estate investment trust ( REIT) company Potlatch Corporation. With its headquarters in Spokane, Washington, the new company started with four locations for the manufacture of bleached paperboard, consumer ...
Central National-Gottesman Inc. ( CNG) is one of the world's largest distributors of pulp, paper, packaging, nonwovens & fibers, tissue, metals and wood products. The company employs over 3,000 staff in more than 150 locations in 48 cities across North America and in 29 countries around the world, including 43 warehouses and 46 retail stores.
Clearwater Paper (CLW) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Clearwater Paper's (CLW) plant closure will impact approximately 290 employees, while eliminating a paper production capacity of around 54,000 tons.
Margins matter. The more Clearwater Paper (NYS: CLW) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Clearwater Paper (CLW) closed at $42.30 in the latest trading session, marking a +0.19% move from the prior day.
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