Last $44.33 USD
Change Today +1.07 / 2.47%
Volume 687.6K
MWV On Other Exchanges
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As of 2:02 PM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

meadwestvaco corp (MWV) Key Developments

MMV Unveils New Line of Corrugated Packaging Materials in Brazil

MWV has announced expansion into the food service market in Brazil with the launch of a new line of corrugated packaging materials. The company recently introduced brand owners to a product that assists fast food chains operating in delivery, to-go and drive-through systems with beverage transport. An additional benefit of the product is its high sustainability for sophisticated printing with Rigegraphics technology, expanding the quality identified by consumers and integrating protection with visual communication on the product. MWV's new packaging solution for Brazil's beverage industry offers a unique design that is easy to assemble and stabilizes the cup, avoiding spillage during transportation. It may be adapted for the transport of 200 to 700 ml cups, 350 ml cans and 600 ml bottles and it's available in the traditional supports for two or four products, already common on the market, and in the innovative convertible version, for two or four cups.

MeadWestvaco Corporation Appoints James E. Nevels as Director

The board of directors of MeadWestvaco Corporation elected James E. Nevels a director of the company effective June 24, 2014. Nevels has extensive investment, financial and management experience, as well as knowledge of consumer packaged goods markets. Nevels is chairman of The Swarthmore Group. He has 30 years of experience in the securities and investment industry, serving from 1984 to 1991 as vice president at Prudential Bache Securities and Smith Barney, Harris Upham & Co., and since then as founder and chairman of The Swarthmore Group. He is also currently chairman of the board of directors of The Hershey Company.

MeadWestvaco Corporation Declares Regular Quarterly Dividend Payable on September 2, 2014

MeadWestvaco Corporation's Board of Directors declared a regular quarterly dividend of $0.25 per common share. The payment of the dividend will be made on September 2, 2014 to shareholders of record at the close of business August 1, 2014.

MeadWestvaco Corporation Launches SmartFare

MeadWestvaco Corporation announced the launch of SmartFare(TM), a new package for chilled ready meals (CRM). SmartFare transforms the flimsy CRM tray into a premium, brandable experience, offering new product development professionals a way to drive trial, brand loyalty and repeat purchase with consumers seeking convenience and variety at mealtime. Dual-ovenable, hermetically sealable and widely recyclable in the United Kingdom, SmartFare dishes and bowls stay sturdy and cool to the touch from the oven to the table for easier serving and dining. By bringing full-scale graphic design possibilities to CRM packaging, SmartFare empowers brands to bring in visual cues and experiential elements of a cuisine to create a more authentic dining experience. SmartFare transforms the flimsy CRM tray into a premium, brandable experience, offering new product development professionals a way to drive trial, brand loyalty and repeat purchase with consumers seeking convenience and variety at mealtime. Third-party researchers asked 1,263 U.K. shoppers if they were more interested in purchasing their CRM in SmartFare or the current CPET tray. Consumer preference is clear. Converting current CRM packaging to SmartFare can grow category penetration and frequency, increasing meal occasions by 34% for category shoppers. 79% more consumers said that meals are easy to find on the shelf in SmartFare. 71% more consumers said that meals appear new and different in SmartFare. 44% more consumers announced that meals look appetizing in SmartFare. 38% more consumers said that meals looked fresh in SmartFare.

MeadWestvaco Corporation Presents at Goldman Sachs Basic Materials Conference, May-21-2014 10:35 AM

MeadWestvaco Corporation Presents at Goldman Sachs Basic Materials Conference, May-21-2014 10:35 AM. Venue: 200 West ST., New York, New York, United States. Speakers: E. Mark Rajkowski, Chief Financial Officer and Senior Vice President, Jason Thompson, Director of Investor Relations, John A. Luke, Chairman, Chief Executive Officer and Chairman of Executive Committee.

 

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MWV

Industry Average

Valuation MWV Industry Range
Price/Earnings 22.0x
Price/Sales 1.4x
Price/Book 2.1x
Price/Cash Flow 8.5x
TEV/Sales 0.7x
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