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Stock impact report

Why Packaging Corporation of America (PKG) Shares Are Trading Lower Today [Yahoo! Finance]

Packaging Corporation of America (PKG) 
Last packaging corporation of america earnings: 4/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: packagingcorp.com
Company Research Source: Yahoo! Finance
Shares of packaging Corporation of America (NYSE:PKG) fell 5.4% in the afternoon session after a report from Bloomberg Intelligence indicated that demand for boxes was expected to weaken. The report, which surveyed managers, noted that box demand was forecasted to rise only 1.3% in December compared to the previous year. This was a decrease from a September forecast of a 1.6% increase. The revision marked the third consecutive month that sentiment from initial expectations had declined, raising concerns about future sales for the packaging company. Show less Read more
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