| Date | Title | | | 01/10/12 | KapStone Records $63.6 Million Tax Benefit in Q4 2011 Upon Finalization of IRS Exam|
NORTHBROOK, Ill., Jan. 10, 2012 /PRNewswire/ -- KapStone Paper and Packaging Corporation (NYSE: KS) ("KapStone") announced that the Internal Revenue Service ("IRS") has notified the company that the Joint Committee on Taxation approved KapStone's 2007-2009 examination reports as filed. As a result of the finalization of the IRS examination, KapStone will reverse in the fourth quarter $63.6 million of gross unrecognized tax benefits and accrued interest expense related to t... |
|  | | 11/02/11 | KapStone Reports Record Net Sales| Third Quarter Operating Income Climbs over 13%
NORTHBROOK, Ill., Nov. 2, 2011 /PRNewswire via COMTEX/ --KapStone Paper and Packaging Corporation (NYSE: KS) today reported results for the third quarter ended September 30, 2011.
Record net sales of $216 million, up 4 percent versus 2010
Adjusted EBITDA of $42.3 million, up $3.6 million versus 2010
Diluted EPS of $0.35, down $0.47, or 57 percent versus 2010
Adjusted diluted EPS of $0.39 equal to 2010
Free cash... |
|  | | 10/31/11 | KapStone Completes Acquisition of U.S. Corrugated| NORTHBROOK, Ill., Oct. 31, 2011 /PRNewswire via COMTEX/ --
KapStone Paper and Packaging Corporation (NYSE: KS) today announced that it has completed the acquisition of U.S. Corrugated, Inc. ("USC"). Under the terms of the sale, KapStone acquired USC, including a 240,000 ton recycled containerboard paper mill in Cowpens, SC and 14 converting facilities in the eastern and mid-western United States. USC has been successful in creating strong, long-term customer relationships resulting from outstan... |
|  | | 10/20/11 | KapStone Paper and Packaging Corporation Ranked 10th Best Small Company in America by Forbes| NORTHBROOK, Ill., Oct. 20, 2011 /PRNewswire via COMTEX/ -- KapStone Paper and Packaging Corporation (NYSE: KS) ("KapStone") announced that they have ranked 10th overall on Forbes's annual list of the 100 Best Small Companies according to the rankings included in the November 5, 2011 issue. Forbes determined the rankings based upon return on equity, growth of earnings and sales, and the relative stock performance of each company as compared with that of its peers over the past 12 months and over ... |
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