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Bank of America upgraded International Paper and Silgan Holdings to Buy, reflecting broader sector views in the packaging/paper industry.

1 report, 1 independent Updated Aug 28

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Bank of America International Paper Silgan Holdings FED

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The entities involved

Bank of America
American multinational banking and financial services corporation
- Moynihan discussed remediation efforts with CNBC following the bank's earnings release.14:42
- Bank of America CEO Brian Moynihan defended the bank's debit fee during an appearance on CNBC.14:42
International Paper
American pulp and paper company

Nothing else this week.
Silgan Holdings
Connecticut-based American manufacturing company that produces consumer goods packaging

Nothing else this week.
FED
business
- Indian equities saw recovery in October, supported by a strong Jio Platforms IPO debut, while the FED maintained steady interest rates.20:51
- Market volatility driven by hawkish FED signals, impacting tech stocks like Amazon, Intel, and Microsoft, and causing Treasury yields to jump.18:33

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Coverage

Newest first; wire copies grouped

Aug 28Investing.comBofA upgrades Silgan and International Paper, lifts containerboard price forecasts Investing.com -- Bank of America upgraded Silgan Holdings and International Paper to Buy from Neutral in a note cove