INTERNATIONAL PAPER (IP $48.83, rating raised to Neutral from Underweight, price target cut to $52 from $55) LARGE ESTIMATED REDUCTION IN YEAR-END EMPLOYEE BENEFITS LIABILITY PARTLY OFFSETS LESSER PRICE GAINS IN CONTAINERBOARD

INTERNATIONAL PAPER (IP $48.83, rating raised to Neutral from Underweight, price
target cut to $52 from $55) LARGE ESTIMATED REDUCTION IN YEAR-END
EMPLOYEE BENEFITS LIABILITY PARTLY OFFSETS LESSER PRICE GAINS IN
CONTAINERBOARD 12/15/2013