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Clearwater Paper Corporation - $CLW STOCK NEWS

Welcome to our dedicated page for Clearwater Paper Corporation news (Ticker: $CLW), a resource for investors and traders seeking the latest updates and insights on Clearwater Paper Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Clearwater Paper Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Clearwater Paper Corporation's position in the market.

Rhea-AI Summary
Clearwater Paper Corporation (NYSE: CLW) temporarily suspends manufacturing operations at its Lewiston, Idaho facility due to a natural gas disruption. President Arsen Kitch emphasizes employee safety and asset maintenance while awaiting pipeline repairs, expecting operations to resume soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
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none
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Rhea-AI Summary
Clearwater Paper Corporation reported financial results for Q3 2023, with net sales of $520 million, down 3% YoY. Net income was $37 million, or $2.17 per diluted share. Adjusted net income was $37 million, $6 million higher than Q3 2022. Adjusted EBITDA was $81 million, up from $77 million in Q3 2022. The company redeemed 2025 notes in Q4 2023 and repurchased $5 million of outstanding shares. Net debt was reduced by $69 million in Q3 2023, totaling $416 million since 2020.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.4%
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-
Rhea-AI Summary
Clearwater Paper Corporation to release Q3 2023 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
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Rhea-AI Summary
Clearwater Paper Corporation executives to participate in fireside chat at TD Paper & Forest Products Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
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conferences
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.92%
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management
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Rhea-AI Summary
Clearwater Paper Corporation reported financial results for Q2 2023, with net sales slightly below last year and net income of $30 million. Adjusted net income and EBITDA were higher than Q2 2022. The company reduced net debt by $25 million and repurchased $8 million of outstanding shares. The Pulp and Paperboard segment saw lower sales volumes and decreased operating income, while the Consumer Products segment had higher sales prices and lower input costs. Retail tissue sales volumes and prices increased. The company expects continued strength in the tissue business and improved margins.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.99%
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End-of-Day
0.49%
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-
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Rhea-AI Sentiment
End-of-Day
-2.22%
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conferences
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Rhea-AI Summary
Clearwater Paper Corporation's climate targets have been validated by the Science Based Target initiative (SBTi). The targets include reducing absolute Scope 1 and 2 greenhouse gas emissions by 29.1% and absolute Scope 3 GHG emissions by 25% by 2030.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.16%
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none
Clearwater Paper Corporation

NYSE:CLW

CLW Rankings

CLW Stock Data

748.20M
16.09M
2.47%
93.84%
3.19%
Paperboard Mills
Manufacturing
Link
United States of America
SPOKANE

About CLW

clearwater paper manufactures quality consumer tissue, away-from-home tissue, parent roll tissue, bleached paperboard and pulp at manufacturing facilities across the nation. we are a premier supplier of private label tissue to major retailers and wholesale distributors, including grocery, drug, mass merchants and discount stores. in addition, we produce bleached paperboard used by quality-conscious printers and packaging converters. our employees build shareholder value by developing strong customer partnerships through quality and service.