UPDATE 4-Internat'l Paper sees 2nd-qtr profit below views

Newswire

(Adds background on other warnings in paragraph 3, byline) By Michael Erman NEW YORK, June 27 (Reuters) - International Paper Co. on Monday warned that second-quarter earnings could be more than 30 percent below Wall Street forecasts on weak sales of industrial packaging and printing paper and high energy and raw material costs. Shares of IP, the world's largest forest products company that just two months ago had forecast growth based on expected gains in its industrial packaging ...

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