Resolute Forest Products Reports Q1 Results

Resolute Forest Products reports net income of $23 million in first quarter, 2012:
AbitibiBowater, doing business as Resolute Forest Products, is reporting a net income of $23 million in its first quarter of 2012, on sales of $1.1 billion.
These results can be compared to net income of $30 million on sales of $1.2 billion in the first quarter of 2011.

BHK Pulp Producers Raise Prices

International Paper and Resolute Forest Products separately informed customers that they're increasing prices on their grades of bleached hardwood kraft (BHK) pulp by $30/tonne, effective May. Alberta-Pacific and Sappi Fine Paper North America  had previously announced their May 1 NBHK prices would rise by $30/tonne, to $785/tonne (Alpac's aspen NBHK) and $790/tonne (Sappi's aspen and mixed NBHK) in the USA. At least two major Brazilian producers, Fibria and Suzano, separately announced $40/tonne price increases on bleached eucalyptus kraft (BEK) in the USA, effective May 1.

Gap Names Old Navy President

http://www.retailonlineintegration.com/aggregatedcontent/gap-inc-names-global-brand-president-old-navy

Completing a global search that began in February, Gap Inc. today announced that Stefan Larsson, a veteran of nearly 15 years with the successful fashion retailer H&M, will become the first global brand president for Old Navy.  Larsson will join the company by October.

Taunton Press Names President

Taunton Press Promotes EVP/CFO Tim Rahr to President: Enthusiast consumer publisher Taunton Press taps Tim Rahr as its new president. Rahr, who has served as executive vice president and chief financial officer with Taunton since 2005, succeeds Sue Roman. These changes are effective immediately.

Amazon/Texas Settle Sales Tax Dispute

Amazon settles sales tax controversy with Texas: Amazon.com, at the center of an ongoing battle over the collection of sales tax by out-of-state online retailers, has struck a deal with Texas, agreeing to increase its in-state presence and collect sales tax on items sold to Texas residents.

USPS: Mail Still Best for Driving ROI

USPS adopts new products and services to stay solvent: USPS Postal Service Postmaster General and CEO Patrick Donahoe's set out his vision for the agency's future in light of the congressional gridlock, including new products such as incentivizing businesses to include 2D codes in direct mail flyers...and increasing its package business.
Donahoe emphasized the continued importance of mail as the best channel for strengthening brand relations and driving ROI. “People actually read what they get in the mail,” he said. 

Manufacturing Grows for 33 Months

http://online.wsj.com/article/SB10001424052702303916904577377810884607948.html?mod=WSJ_hp_LEFTWhatsNewsCollection

Economic activity in the manufacturing sector expanded in April for the 33rd consecutive month, and the overall economy grew for the 35th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.

Newspapers Report Gains

Newspapers report digital-print circulation gains: New York—The Wall Street Journal, The New York Times and newspapers overall reported increases in total print-plus-digital circulation, with gains influenced by a new Audit Bureau of Circulations reporting standard that combines free or reduced-cost digital subscriptions with paid print subscriptions.