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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (701)5/6/2005 11:12:05 AM
From: richardred  Read Replies (3) | Respond to of 7256
 
Still went for , a lighter position in RKT today.

If nothing comes to bear fruit. I think price increases will stick, and energy cost will come down to improve margins at both.



To: richardred who wrote (701)6/11/2005 1:29:43 AM
From: richardred  Respond to of 7256
 
06/10 17:09 DJ Carauster To Raise Prices On Paper Tube, Core Pdt Lines

ATLANTA (Dow Jones)--Caraustar Industries Inc. (CSAR) will raise prices on all paper tube and core product lines to help offset higher energy and freight charges, as well as recent paperboard cost increases.

Chief Financial Officer Ronald Domanico said the price increases won't be uniform and will differ across the company's products. The company is targeting a minimum price increase of 5%, but in some markets prices could rise by as much as 15%, he said.

In a press release Friday, the recycled packaging company said the higher prices will be effective with shipments on or after July 11.

Carauster shares closed at $11.31, up 19 cents, or 1.7%.

-Anjali Cordeiro; Dow Jones Newswires; 201-938-5400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

06-10-05 1709ET



To: richardred who wrote (701)6/16/2005 12:25:52 AM
From: richardred  Respond to of 7256
 
Market Pulse: Caraustar downgraded on concerns over earns recovery
Wednesday June 15, 8:56 am ET
By Tomi Kilgore

NEW YORK (MarketWatch) -- Caraustar Industries was downgraded to underperform from neutral at CS First Boston, due to concerns that an earnings recovery will take longer than expected, and that cost cutting programs have achieved less than hoped. Analyst Mark Connelly also lowered his stock price target to $9 from $10. He said the company's core tube and core business has seen improved demand, but more slowly than had been expected. In addition, the company's folding carton business continues to lack pricing power, and he does expect the situation to improve without further consolidation. He said investors should consider shifting positions into rival Rock-Tenn Co. . Caraustar shares closed Tuesday up 8 cents at $11.61 and Rock-Tenn rose 25 cents to $12.25.
biz.yahoo.com