Fibria Celulose SA (ADR) (NYSE:FBR) has been downgraded by TheStreet Ratings from hold to sell. The company’s weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Fibria Celulose SA (ADR) (NYSE:FBR) stock opened at $10.65 in last trading session, and closed at $10.75, trading in the range of $10.50 – $10.84. The stock showed a negative weekly performance of -2.80%.
Verso Paper Corp. (NYSE:VRS) reported that thepreviously announced exchange offers and consent solicitations ofVerso Paper Holdings LLC and Verso Paper Inc. (collectively, the”Issuers”) with respect to their outstanding 8.75% Second PrioritySenior Secured Notes due 2019 (the “Second Lien Notes”) and 11 3/8%Senior Subordinated Notes due 2016 (the “Subordinated Notes”) expiredpursuant to their terms at 5:00 p.m., New York City Time, on February27, 2014. As of the expiration date, the minimum tender conditionsfor the exchange offers had not been satisfied. The Issuers have notaccepted any of the Second Lien Notes or Subordinated Notes forexchange, and any notes tendered for exchange will be promptlyreturned to holders. Verso Paper Corp. (NYSE:VRS) shares closed at $2.45 on last trade day, by gaining 4.26%. Stock 52 week range is $0.52 – $5.55. Company’s market capitalization is $130.27 million.
KapStone Paper & Packaging Corp. (NYSE:KS) CFO Andrea Tarbox sold 20,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $31.83, for a total value of $636,600.00. Following the completion of the transaction, the chief financial officer now directly owns 209,680 shares in the company, valued at approximately $6,674,114. KapStone Paper and Packaging Corp. (NYSE:KS) stock advanced 0.79% and finished the last session at $31.79. The EPS of the stock remained 1.32. Company’s market capitalization is $3.04 billion.
Resolute Forest Products (NYSE:RFP) SVP John Lafave sold 1,796 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $21.33, for a total value of $38,308.68. Following the sale, the senior vice president now directly owns 38,903 shares in the company, valued at approximately $829,801. Resolute Forest Products Inc (NYSE:RFP) stock opened at $20.93 in last trading session and closed at $20.49. The 52 week range of the stock is $12.36 – $21.70 and the day range was $20.48 – $21.14.