| Date | Title | | 12/02/2002 | International Paper Chairman and CEO to Speak at Investor Conference|
STAMFORD, Conn., Dec. 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Chairman and Chief Executive Officer John Dillon will be speaking
at the Salomon Smith Barney Global Paper and Forest Products Conference,
Thursday, Dec. 5 at 8:15 a.m. EST. Mr. Dillon's presentation will cover steps
the company has taken to strengthen its operations and its ongoing efforts to
improve profitability and returns.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOG... |
| | 11/12/2002 | xpedx Selects ForestExpress For Electronic Catalog Content; Company Signs Multi-Year Deal For Product Information Processing|
ATLANTA--(BUSINESS WIRE)--Nov. 12, 2002--ForestExpress, a leader
in business-to-business integration and catalog content services for
the forest products industry, and its allied industries, today
announced a multi-year agreement with xpedx to provide processing and
maintenance of stock catalog items, and supplier activation for the
xpedx product catalog.
xpedx, a subsidiary of International Paper (NYSE: IP), is the
nation's largest distributor of printing paper, ... |
| | 11/05/2002 | International Paper Declares Dividend|
STAMFORD, Conn., Nov. 5 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period from Oct. 1, 2002 to Dec. 31, 2002, inclusive. The dividend on the
common stock of the company is payable Dec. 16, 2002 to holders of record at
the close of business on Nov. 22, 2002.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Also, the company declared a regular quarterly dividend... |
| | 10/30/2002 | International Paper Completes Private Placement of $1 Billion Notes| STAMFORD, Conn., Oct 30, 2002 /PRNewswire-FirstCall via COMTEX/ --
International Paper Company (NYSE: IP) announced that it has completed a private
placement of $1 billion aggregate principal amount 5.85 percent notes due
October 30, 2012, with institutional investors. The company has instructed Bank
of New York, as trustee, to use the proceeds of the offering to retire a portion
of the company's $1.2 billion aggregate principal amount 8 percent notes due
July 8, 2003, by exercising the ma... |
| | 10/23/2002 | International Paper Announces Offering of $750 Million Notes| STAMFORD, Conn., Oct 23, 2002 /PRNewswire-FirstCall via COMTEX/ --
International Paper Company (NYSE: IP) announced that it has commenced a private
placement with institutional investors to raise proceeds of approximately $750
million from the issuance of 10-year notes due 2012. Subject to the successful
completion of this offering, the company will use the proceeds of the offering
to retire a portion of its $1.2 billion aggregate principal amount 8% Notes due
July 8, 2003, by exercising t... |
| | 10/23/2002 | International Paper Reports Third Quarter 2002 Earnings|
STAMFORD, Conn., Oct. 23 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today reported 2002 third-quarter net earnings of $145 million
($0.30 per share), compared with a net loss of $275 million ($0.57 per share)
in the third quarter 2001 and net earnings of $215 million ($0.45 per share)
in the second quarter 2002.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Third-quarter net sales were $6.4 billion compared with $6.5 billion fo... |
| | 10/22/2002 | Andy Lessin Appointed Senior Vice President - Internal Audit|
STAMFORD, Conn., Oct. 22 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President and Chief Financial Officer John Faraci
today announced that Andy Lessin has been named senior vice president -
internal audit, effective immediately.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
"Andy has a strong track record in his role as corporate controller. He
will bring a wealth of experience and expertise to the internal audi... |
| | 09/24/2002 | International Paper Expects Third-Quarter Earnings in Line With Estimates|
STAMFORD, Conn., Sept. 24 /PRNewswire-FirstCall/ -- At upcoming investor
conferences in London on Sept. 25, 2002, and New York on Sept. 26, 2002,
International Paper (NYSE: IP) will indicate that the company expects
third-quarter earnings to be approximately in line with First Call consensus
estimates of $0.32 per share.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
International Paper will release third-quarter 2002 earnings on Wednesday,
O... |
| | 09/20/2002 | International Paper to Release Third-Quarter Earnings on Wednesday, October 23|
STAMFORD, Conn., Sept. 20 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release third-quarter 2002 earnings on Wednesday, Oct. 23,
2002, before the opening of the New York Stock Exchange. The company will hold
a webcast to discuss earnings and current market conditions at 10 a.m. EDT
that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Inter... |
| | 09/19/2002 | International Paper Executive Vice President and CFO to Speak at Investor Conference| STAMFORD, Conn., Sep 19, 2002 /PRNewswire-FirstCall via COMTEX/ --
International Paper (NYSE: IP) Executive Vice President and Chief Financial
Officer John Faraci will be speaking at the UBS Warburg Global Paper and Forest
Products Conference, Thursday, Sept. 26 at 9:15 a.m. EDT. Mr. Faraci's
presentation will cover a brief overview of company operations and a discussion
of how the company is changing to improve its profitability and returns.
(Logo: http://www.newscom.com/cgi-bin/prnh/... |
| | 09/09/2002 | United States Department of Interior Presents Its '2002 Conservation Service Award' to International Paper|
SAVANNAH, Ga., Sept. 9 /PRNewswire-FirstCall/ -- For its innovative
conservation efforts with threatened and endangered species, International
Paper (NYSE: IP) received the U.S. Department of the Interior's "2002
Conservation Service Award." The award is the highest honor the Department
can bestow on private organizations, recognizing contributions toward the
cause of conservation. IP was presented the award at the 61st Departmental
Honor Awards Convocation in Washington, D.C., ... |
| | 08/13/2002 | International Paper Files CEO/CFO Certification of Financial Reports with SEC|
STAMFORD, Conn., Aug. 13 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced that John Dillon, chairman and chief executive
officer, and John Faraci, executive vice president and chief financial
officer, have filed with the Securities and Exchange Commission statements
under oath certifying the company's financial reports. The certification
pertains to the company's 2001 Annual Report, 2002 Proxy Statement, 2001
Annual Report on Form 10-K and certain other... |
| | 07/30/2002 | International Paper Declares Dividend|
STAMFORD, Conn., July 30 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for
the period from July 1, 2002 to September 30, 2002, inclusive. The dividend on
the common stock of the company is payable September 16, 2002 to holders of
record at the close of business on August 23, 2002.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Also, the company declared a regular quarte... |
| | 07/18/2002 | International Paper Reports Substantial Increase in EPS for Second Quarter 2002|
STAMFORD, Conn., July 18 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today reported 2002 second-quarter net earnings of $215 million
($0.45 per share), compared with a net loss of $313 million ($0.65 per share)
in the second quarter 2001 and net earnings of $65 million ($0.13 per share)
in the first quarter 2002.
Second-quarter net sales were $6.3 billion compared with $6.7 billion for
the same period in 2001 and $6 billion in the first quarter of 2002.
... |
| | 07/02/2002 | International Paper to Release Second-Quarter Earnings on Thursday, July 18|
STAMFORD, Conn., July 2 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) will release second-quarter 2002 earnings on Thursday, July 18,
2002, before the opening of the New York Stock Exchange. The company will hold
a webcast to discuss earnings and current market conditions at 10 a.m. (EDT)
that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
All interested parties are invited to listen to the webcast live via the
company's Intern... |
| | 07/01/2002 | International Paper Completes Sale of Decorative Products Division|
STAMFORD, Conn., July 1 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) announced today it has completed the sale of its Decorative
Products Division to an affiliate of Kohlberg & Company. Terms of the sale
were not disclosed.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
As a result of the sale, International Paper's former Decorative Products
facilities will operate as a new company, Nevamar Company LLC, and will
continue to be head... |
| | 06/25/2002 | International Paper and The Conservation Fund Recognize Environmental and Conservation Excellence with Awards| WASHINGTON, Jun 25, 2002 /PRNewswire-FirstCall via COMTEX/ -- A high school
teacher in Washington state with a passion for environmental education and the
founder of a land conservation group in New Jersey today received 2002
Environmental Excellence Awards from International Paper and The Conservation
Fund.
The awards, each accompanied by a $10,000 grant from the International Paper
Company Foundation, were presented at the National Press Club in Washington,
D.C. The Honorable James C... |
| | 06/18/2002 | International Paper to Cease Operations at Hudson River Mill in Fourth Quarter|
STAMFORD, Conn., June 18 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) today announced it has decided to close its Hudson River mill in
Corinth, NY., in the fourth quarter of 2002. During this time the mill will
be for sale.
"We have a strong history of papermaking at Hudson River and a highly
skilled workforce, however, the sluggish economy, coupled with steeply reduced
demand has hindered the process of positioning the mill to compete
effectively," said LH... |
| | 06/17/2002 | International Paper Discontinues Divestiture Efforts for Two Business Units|
STAMFORD, Conn., June 17 /PRNewswire-FirstCall/ --
International Paper (NYSE: IP) today announced it will discontinue divestiture
efforts for its Arizona Chemical and Industrial Papers businesses. Both
businesses will remain a part of the company.
International Paper announced its intentions to sell its Arizona Chemical
and Industrial Papers businesses in November 2000 and November 2001
respectively, as part of the company's divestiture program. To date,
International Pa... |
| | 06/12/2002 | International Paper Announces Retirement of VP Carol Tutundgy, Appoints Darial Sneed Vice President, Investor Relations|
STAMFORD, Conn., June 12 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President James Melican today announced that Carol
Tutundgy will retire as its Vice President of Investor Relations, effective
June 30, 2002.
"We have been fortunate to have Carol in the Investor Relations role at
International Paper for the last 15 years," said Melican. "Her leadership has
contributed greatly to our corporate reputation, particularly through the last
several ... |
| | 05/17/2002 | International Paper Executive Vice President to Speak at Investor Conference|
STAMFORD, Conn., May 17 /PRNewswire-FirstCall/ -- International Paper
(NYSE: IP) Executive Vice President Rob Amen will be speaking at the Goldman
Sachs 10th Annual Cyclical conference on Monday, May 20, 2002, at 7:45 a.m.
(EDT) Mr. Amen's presentation will cover a brief overview of company
operations and a discussion of how the company is changing to improve its
profitability and returns.
All interested parties are invited to listen to the webcast live via the
comp... |
| | 05/07/2002 | International Paper Declares Dividend| STAMFORD, Conn., May 7, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) today announced a regular quarterly dividend of $0.25 per share
for the period from April 1, 2002 to June 30, 2002, inclusive. The dividend on
the common stock of the company is payable June 14, 2002 to holders of record at
the close of business on May 24, 2002.
Also, the company declared a regular quarterly dividend of $1 per share for the
period from April 1, 2002 to June 30, 2002, inclusi... |
| | 05/01/2002 | International Paper Agrees to Sell Decorative Products Division| STAMFORD, Conn., May 1, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) announced today it has entered into a purchase and sale
agreement to sell its Decorative Products Division to an affiliate of Kohlberg &
Company. The agreement is subject to continuing due diligence, and other terms
and conditions that were not disclosed. A further announcement will be made when
the transaction closes.
The Decorative Products Division manufactures and markets high and low pr... |
| | 04/19/2002 | International Paper Reports First-Quarter 2002 Earnings| STAMFORD, Conn., Apr 19, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) today reported 2002 first-quarter earnings of $58 million ($0.12
per share), compared with $24 million ($0.05 per share) in the first quarter
2001 and $58 million ($0.12 per share) in the fourth quarter 2001. All figures
are before special and extraordinary items.
First-quarter net sales were $6 billion compared with $6.9 billion for the same
period in 2001 and $6.3 billion in... |
| | 04/15/2002 | International Paper and The Conservation Fund Accepting Nominations for Environmental Leadership Awards| SAVANNAH, Ga., Apr 15, 2002 /PRNewswire via COMTEX/ -- International Paper
(NYSE: IP) and The Conservation Fund will select two people for their
environmental leadership to receive national recognition and $10,000 in cash
grants at an awards ceremony in Washington, D.C., this summer. Award nominations
are being accepted through April 26, 2002.
IP, the world's largest paper and forest products company and tree seedling
producer, has joined with The Conservation Fund, a nonprofit organiza... |
| | 04/09/2002 | International Paper Appoints Independent Auditor| STAMFORD, Conn., Apr 9, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper Company (NYSE: IP) today announced that its Board of Directors has
appointed Deloitte & Touche LLP as the company's independent auditor for 2002.
The action was taken after a thorough evaluation process.
"We look forward to working with Deloitte & Touche in the firm's new role as our
independent auditor," said John Dillon, International Paper's chairman and chief
executive officer.
Prior to the sel... |
| | 04/03/2002 | International Paper to Release First-Quarter Earnings on Friday, April 19| STAMFORD, Conn., Apr 3, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) will release first-quarter 2002 earnings on Friday, April 19,
before the opening of the New York Stock Exchange. The company will hold a
webcast to discuss earnings and current market conditions at 1 p.m. (EDT) that
day.
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://www.internationalpaper.com by clicking on the
Investor Informatio... |
| | 04/02/2002 | International Paper Completes Sale of Oriented Strand Board (OSB) Facilities| STAMFORD, Conn., Apr 2, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) today announced the completion of the sale of its Oriented
Strand Board (OSB) facilities to Nexfor Inc. (TSE: NF).
The sale of the Oriented Stand Board facilities is in conjunction with
International Paper's plans to divest businesses that no longer fit its
long-term strategy.
"The OSB sale brings our divestment total to $3 billion," said John Dillon,
chairman and chief executive officer... |
| | 04/01/2002 | International Paper Completes Sale of Connecticut Lakes Property to The Trust for Public Land| CONCORD, N.H., Apr 1, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) and the Trust for Public Land (TPL) today announced the sale of
171,500 acres in Pittsburg, Clarksville, and Stewartstown, NH, known as the
Connecticut Lakes property, for $32.7 million. The sale marks the transfer of
ownership from International Paper to TPL of the largest unbroken tract of
private forestland in New Hampshire. This purchase is a critical milestone in
the partnership effort betwe... |
| | 03/12/2002 | International Paper Chairman and CEO to Speak at Investor Conference| STAMFORD, Conn., Mar 12, 2002 /PRNewswire-FirstCall via COMTEX/ --
International Paper (NYSE: IP) Chairman and Chief Executive Officer John Dillon
will be speaking at Morgan Stanley's Mining, Paper & Packaging Investor
Conference Wednesday, March 13 at 9 a.m. (EST). Mr. Dillon's presentation will
cover a brief overview of company operations and a discussion of how the company
is changing to improve its profitability and returns.
All interested parties are invited to listen to the webcas... |
| | 02/12/2002 | International Paper Declares Dividend| STAMFORD, Conn., Feb 12, 2002 /PRNewswire-FirstCall via COMTEX/ --
International Paper (NYSE: IP) today announced a regular quarterly dividend of
$0.25 per share for the period from January 1, 2002 to March 31, 2002,
inclusive. The dividend on the common stock of the company is payable March 15,
2002 to holders of record at the close of business on February 22, 2002.
Also, the company declared a regular quarterly dividend of $1 per share for the
period from January 1, 2002 to March 31, ... |
| | 02/08/2002 | International Paper Signs Letter of Intent to Sell OSB Facilities| STAMFORD, Conn., Feb 8, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) today announced that it has signed a letter of intent to sell
its Oriented Strand Board (OSB) facilities to Nexfor Inc., one of North
America's leading producers of OSB. The facilities, which are located in
Jefferson and Nacogdoches, Texas, and Cordele, Ga., employ a total of 456
people. The plants are part of IP's Panels & Engineered Wood business,
headquartered in Savannah, Ga. The proposed s... |
| | 02/07/2002 | International Paper Ends Discussions to Sell Decorative Products Division| HANOVER, Md., Feb 7, 2002 /PRNewswire-FirstCall via COMTEX/ -- International
Paper (NYSE: IP) announced today it has ended discussions to sell its Decorative
Products Division to Panolam Industries of Shelton, Conn. The previously
announced Letter of Intent with Panolam expired September 17, 2001 but, until
recently, both parties had continued discussions in order to try and reach a
final agreement.
Headquartered in Hanover, MD, the Decorative Products division is part of
International... |
| | 01/24/2002 | International Paper Announces Shutdown of Morton, Miss., Lumber Mill| MORTON, Miss., Jan. 24 /PRNewswire-FirstCall/ -- International Paper today
announced that due to unfavorable economic conditions its lumber mill in Morton,
Miss., would be shutting down operations in the next 60 days. Approximately 185
employees will be impacted by the shutdown.
"This decision was driven by difficult market conditions that affected this
older, high cost facility and caused the mill to lose substantial amounts of
money," said Art McGowan, IP's vice president -- lumber pr... |
| | 01/22/2002 | International Paper Reports Fourth-Quarter 2001 Earnings| STAMFORD, Conn., Jan. 22 /PRNewswire-FirstCall/ -- International Paper (NYSE:
IP) today reported 2001 fourth-quarter earnings of $58 million ($0.12 per
share), compared with $145 million ($0.28 per share) in the fourth quarter 2000
and $68 million ($0.14 per share) in the third quarter 2001. All figures are
before special and extraordinary items.
For the year 2001, International Paper reported earnings of $214 million ($0.44
per share) before special and extraordinary items, compared wi... |
| | 01/09/2002 | International Paper Land Sale to The Nature Conservancy Benefits Michigan's Keweenaw Peninsula Forests| HOUGHTON, Mich., Jan. 9 /PRNewswire-FirstCall/ -- International Paper and The
Nature Conservancy have entered into an agreement that will allow The Nature
Conservancy to purchase 6,275 acres of International Paper land in Michigan's
Keweenaw Peninsula for $12 million. Through this acquisition The Nature
Conservancy intends to conserve the forested character of the land and protect
important recreational and ecological resources, including 6.5 miles of Lake
Superior shoreline, 4.8 miles of ... |
| | 01/08/2002 | International Paper to Release Fourth-Quarter Earnings On Tuesday, January 22nd| STAMFORD, Conn., Jan. 8 /PRNewswire-FirstCall/ -- International Paper (NYSE:
IP) will release fourth-quarter 2001 earnings on January 22, before the opening
of the New York Stock Exchange. The company will hold a webcast to discuss
earnings and current market conditions at 10 a.m. (EST) that day.
All interested parties are invited to listen to the webcast live via the
company's Internet site at http://www.internationalpaper.com by clicking on the
Investor Information button. Persons who... |
| | 01/07/2002 | International Paper to Eliminate 100,000 Tons of Containerboard Capacity and 350 Jobs| STAMFORD, Conn., Jan 7, 2002 /PRNewswire via COMTEX/ -- International Paper
(NYSE: IP) today announced that as part of on-going optimization efforts, the
company's Industrial Packaging Group will eliminate 350 jobs and reduce its
containerboard capacity by 100,000 tons.
The Oswego, N.Y., containerboard mill will be shut down by the end of January
2002, eliminating 102 jobs and 100,000 tons of linerboard, medium and kraft
papers capacity. All of these tons will be transferred to other co... |
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