Thursday, March 1, 2012

Catalyst Paper Reports 2011 Net Loss

http://www.catalystpaper.com/investors
Catalyst Paper posted a net loss of $974.0 million in 2011 due in large part to asset impairments on Canadian and Arizona-based operations. Other factors contributing to the loss were capital restructuring costs, a foreign exchange loss on the translation of U.S. dollar denominated debt and fire-related outages at the Snowflake and Powell River mills. 
Sales in 2011 of $1,261.5 million were up over sales of $1,228.6 million in 2010 as pricing momentum helped mitigate the effect of the strong Canadian dollar.

New York Magazine's New Title

New York Magazine Spins Off Annual Shelter Title:
New York magazine will debut its second stand-alone print spin-off this spring. A shelter title, New York Design Hunting’s launch will coincide with the International Contemporary Furniture Fair, running from May 19-22 at the Javits Center in New York City.

Disney Debuts DisneyBaby.com

Disney Baby combines e-commerce with social: In an effort to create a brand-oriented social commerce experience for expectant and new parents, The Walt Disney Company rolled out DisneyBaby.com in January.

'Bloomberg Businessweek' Relaunches Website

'Bloomberg Businessweek' relaunches website: Bloomberg Businessweek has relaunched its website, Businessweek.com. The site is designed to provide more real-time analysis of news, issues and trends, a Bloomberg Businessweek spokeswoman said.

B-to-b Print Revenue Down 2.6%

B-to-b print revenue falls 2.6% in November: B-to-b print advertising revenue declined 2.6% in November compared with November 2010, according to American Business Media's Business Information Network data. It marked the first time in 2011 that monthly ad revenue dropped.

Northstar Travel On the Block

Northstar Travel On the Block: Northstar Travel Media, the private equity-backed publisher of some of the industry’s best known travel-related brands, is up for sale and gauging interest from prospective buyers, several sources confirmed this week.

Martha Stewart Living Omnimedia Reports Results

Martha Stewart Living Omnimedia reported a rough last quarter in 2011, closing out a tough financial year for the company’s publishing division. 

Cenveo Reports 2011 and Q4 Results

http://www.cenveo.com/news.htm

During the first quarter of 2012, Cenveo completed the previously announced sales of its Forms and Business Documents Group and its wide format paper business.
For the three months ended December 31, 2011, net sales were $486.5 million, as compared to $435.0 million for the same period in the previous year, an increase of 11.8%. For the year ended December 31, 2011, net sales were $1.9 billion, compared to $1.7 billion for the prior year, an increase of 11.7%. The increase in net sales was primarily due to the acquisition of MeadWestvaco Corporation's Envelope Product Group ("EPG"), and growth from direct envelope, custom label, content management, and specialty packaging product lines.

Quad, Transcontinental Close Sale

Quad, Transcontinental Report Closing Sale/Acquisition of Canadian Plants: Quad/Graphics Inc. announced that it has completed the previously announced sale of its Canadian operations to Transcontinental Inc.

Printing Industry Landscape Changing

Consolidation transforms the printing industry landscape:
While consolidation has been a growth and hang-on strategy for some in the printing industry, the space is undergoing such a seismic shift in its expanding arrays of services that the old metrics and measures no longer apply.