Thursday, May 10, 2012
Quad Q1 Sales Dip, Earnings Snap Back
Quad/Graphics’ Sales Dip, but Earnings Rebound: Quad/Graphics Inc. reported results for its first quarter ending March 31, 2012. Highlights for the first quarter: Net sales totaled $990 million.
Resolute/Fibrek Cooperating For Smooth Transition
http://resolutefp.mediaroom.com/index.php?s=28238&item=128268
AbitibiBowater Inc., doing business as Resolute Forest Products, today announced that Fibrek Inc.and Resolute are cooperating on an orderly transition to Resolute's effective control. The goal for both parties is to minimize any disruption to Fibrek's key relationships, including its employees, customers, suppliers and other partners.
AbitibiBowater Inc., doing business as Resolute Forest Products, today announced that Fibrek Inc.and Resolute are cooperating on an orderly transition to Resolute's effective control. The goal for both parties is to minimize any disruption to Fibrek's key relationships, including its employees, customers, suppliers and other partners.
Fibrek Posts Net Loss in Q1
Fibrek posts net loss of $23.2 million in first quarter:
Fibrek Inc. has posted a net loss of $23.2 million in its first quarter of 2012, compared with net earnings of $3.5 million in the corresponding period of 2011. Consolidated sales reached $122.1 million, a decrease of $10.0 million when compared with sales of $132.1 million in the first quarter of 2011.
Fibrek Inc. has posted a net loss of $23.2 million in its first quarter of 2012, compared with net earnings of $3.5 million in the corresponding period of 2011. Consolidated sales reached $122.1 million, a decrease of $10.0 million when compared with sales of $132.1 million in the first quarter of 2011.
Sappi Net Profit Up From Loss in 2011
http://www.paperage.com/2012news/05_10_2012sappi_limited_earnings.html
Sappi Limited reported a profit for its second fiscal quarter ending March 2012 of US$58 million compared to a loss of US$74 million in its second quarter 2011. The group achieved a net profit for the period of US$58 million (Q2 2011 US$74 million loss) and EPS of 11 US cents (Q2 2011 loss of 14 US cents) in the second quarter of the 2012 financial year.
Sappi Limited reported a profit for its second fiscal quarter ending March 2012 of US$58 million compared to a loss of US$74 million in its second quarter 2011. The group achieved a net profit for the period of US$58 million (Q2 2011 US$74 million loss) and EPS of 11 US cents (Q2 2011 loss of 14 US cents) in the second quarter of the 2012 financial year.
IP Again Tops Paper/Forest Co's On Fortune 500
http://money.cnn.com/magazines/fortune/fortune500/2012/industries/11/
IP again led the forest and paper products industry on the 2012 Fortune 500 list of top American companies. IP was ranked at #111 this year,down from #105 position in 2011. They were followed by Weyerhaeuser at #374 and Domtar at #436.
IP again led the forest and paper products industry on the 2012 Fortune 500 list of top American companies. IP was ranked at #111 this year,down from #105 position in 2011. They were followed by Weyerhaeuser at #374 and Domtar at #436.
IPDA,MPA Launch Campaign Promoting Mags
http://www.magazine.org/association/press/mpa_press_releases/rebus-2012.aspx
The International Periodical Distributors Association (IPDA) and MPA-The Association of Magazine Media have launched a collaborative initiative focused on promoting, informing and engaging the retail community about the value and vitality of the magazine category in the retail marketplace.
The International Periodical Distributors Association (IPDA) and MPA-The Association of Magazine Media have launched a collaborative initiative focused on promoting, informing and engaging the retail community about the value and vitality of the magazine category in the retail marketplace.
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