Monday, May 14, 2012

Verso Q1 Results, Net Loss

http://investor.versopaper.com/releasedetail.cfm?ReleaseID=672917
Verso Paper today reported financial results for the first quarter of 2012. Net loss before items of $39.0 million in 2012, compared to a net loss before items of $18.1 million in 2011.


Catalyst Pushes Creditor Meeting to 5/23

Catalyst Paper pushes creditor meeting back another 5 days:
Catalyst Paper has pushed the meetings of its secured and unsecured creditors back another 5 days to May 23.The creditors are to meet to discuss the plan of arrangement under the Companies’ Creditors Arrangement Act.

RRD BB+ Default Rating

Fitch Affirms R.R. Donnelley’s BB+ Default Rating, Classifies Outlook as Stable: ” The ratings reflect the company’s intention to reduce its absolute levels of debt.

NA P&P Rail Freight Down 1.4%

http://www.aar.org/NewsAndEvents/Freight-Rail-Traffic/2012/05/~/media/aar/weekly_traffic_reports/2012/2012-05-10-railtraffic.ashx
North American pulp and paper railroad freight for the week ending May 5 was down 1.4% from a year ago to 9,124 carloads, the Assn of American Railroads reported.


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Consumers Prefer Offline Marketing Offers

Consumers Welcome and Prefer Offline Restaurant Marketing Offers Most:  Consumers were asked to what extent they would welcome various forms of marketing communications from restaurants. Four out of five adults (80%) said they welcome a restaurant coupon in a coupon booklet. Almost three-quarters (73%) welcome a brochure or menu from a restaurant sent in the mail. The same percentage welcomed an ad in a local paper (73%), followed by an ad on TV (68%).