Friday, July 26, 2013

Weyerhaeuser Reports Q2 Results

http://www.weyerhaeuser.com/
Weyerhaeuser Company (WY) today reported net earnings to common shareholders of $196 million, or 35 cents per diluted share, for the second quarter. As there were no special items this period, this compares with net earnings before special items of $47 million, or 9 cents per diluted share, for the same period last year. Net sales for the second quarter of 2013 totaled $2.1 billion, compared with net sales of $1.8 billion for the second quarter of 2012.
Net earnings before special items increased fourfold compared with second quarter 2012
Net sales increased approximately 20 percent to $2.1 billion, highest since 2008
Acquired approximately 645,000 acres of unique, high-value timberlands in Washington and Oregon through purchase of Longview Timber LLC.

RISI Names G-P's Hannan CEO of Year

James Hannan, Chief Executive Officer of Georgia-Pacific, has been named the 2013 North American CEO of the Year by RISI, the leading information provider for the global forest products industry. The award will be presented at the 28th Annual RISI North American Forest Products Conference on October 7-9, 2013, in San Diego, California.
Mr. Hannan was chosen for his leadership, vision and strategic accomplishments in a survey of investment analysts and portfolio managers who cover the forest products industry. Previous North American CEO of the Year winners are Richard Garneau, Resolute Forest Products, in 2012; James Rubright, Rock Tenn, in 2011; and John D. Williams, Domtar, in 2010.

APP Major Stakeholder in 2 Million MTPY Pulp Mill

http://www.paperage.com/2013news/07_26_2013asia_pulp_paper_pulp_mill_indonesia.html
PT Pabrik Kertas Tjiwi Kimia Tbk and PT Pindo Deli Pulp and Paper Mills, part of Asia Pulp & Paper Group (APP), have completed the acquisition of a 70.58% shareholding (each 35.29% shareholding) in PT. OKI Pulp & Paper Mills, a company currently developing a pulp and paper mill in South Sumatra, Indonesia on July 11, 2013.
Once the construction is completed, the new mill will cover 2,600 hectares in Ogan Komiring Ilir in Palembang, South Sumatra, with an additional 200 hectares for the development of a port. Civil works are starting this year, with the first phase of the commercial production is expected to begin in 2016. The new mill is expected to produce around 2 million ADT (Air-Dried-Tonnes) of pulp per year.

Cabela's Inc. Reports Q2 Results

http://www.cnbc.com/id/100913188
For the quarter, total revenue increased 20.7% to $756.8 million; Retail store revenue increased 25.8% to $483.9 million; Direct revenue increased 13.7% to $180.1 million; and Financial Services revenue increased 11.7% to $88.6 million. Comparable store sales increased 10.5%. For the quarter, net income increased 31.5% to $44.5 million compared to $33.9 million in the year ago quarter, and earnings per diluted share were $0.62 compared to $0.47 in the year ago quarter. Year to date cash flows from operations were $183 million compared to $70 million for the same period a year ago.

5 Direct Marketing Retargeting

http://www.retailonlineintegration.com/article/direct-marketing-retargeting-best-practices-boost-conversion/1
As any retailer knows, bad retargeting is nothing more than following abandoned consumers around the internet wasting money on irrelevant media buys. When done well, however, retargeting can provide great conversion rates at a lower cost per acquisition. 
The most profitable retargeting efforts focus on consumers who have either viewed products but haven't yet made a purchase or who did make a purchase and are likely to buy another related product. In either case, the overall strategy is to attract the consumer at the right time for the right cost.

Meredith Reports FY 2013 Results

http://finance.yahoo.com/news/meredith-delivers-over-15-percent-120000174.html
Meredith Corporation (NYSE: MDP; www.meredith.com), the leading media and marketing company serving 100 million American women, today reported fiscal 2013 earnings per share grew 19 percent to $2.74.  Excluding special items, fiscal 2013 earnings per share increased 16 percent to $2.91.  Total revenues rose 7 percent to $1.5 billion, and advertising revenues increased 7 percent to $824 million.

Valassis Reports Q2 Results

http://whattheythink.com/news/64631-valassis-q2-profit-rises-revenue-declines/
Valassis today announced financial results for the second quarter ended June 30, 2013.  Second-quarter 2013 revenues were $495.9 million, a decrease of 8.2% from $540.2 million in the prior year quarter. This decrease was due primarily to an anticipated decline in revenues in the Neighborhood Targeted segment resulting from the change in certain client contracts to a fee-based media placement model, as well as the discontinuance of the sampling and solo direct mail products.  Without the effect of these changes, second-quarter 2013 adjusted revenues* increased 1.2%.
Second-quarter 2013 net earnings were $26.8 million, which included $0.9 million net of tax, of restructuring costs, an increase of 23.5% from $21.7 million in the prior year quarter, which included $10.7 million net of tax, of restructuring costs and asset impairments resulting from the exit of the newspaper polybag advertising and sampling and solo direct mail businesses and other non-recurring charges. Excluding these restructuring costs, asset impairments and other non-recurring charges, second-quarter 2013 adjusted net earnings* were $27.7 million  and second-quarter 2012 adjusted net earnings* were $32.4 million.

Deluxe Reports Q2 Results

http://whattheythink.com/news/64632-deluxe-corporate-sees-revenue-growth-q2/
Deluxe Corporation (NYSE: DLX) announced its financial results for the second quarter ended June 30, 2013. A reconciliation between earnings per share on a GAAP basis and adjusted earnings per share on a non-GAAP basis is provided after the Forward-Looking Statements discussion.
Revenue of $381.4 million was at the high end of the range in the prior outlook and adjusted diluted EPS exceeded the high end of the range in the prior outlook driven by strong operating performance in Small Business Services and Financial Services and lower medical and performance-based compensation costs.

MediaPost Mag Bag

http://www.mediapost.com/publications/article/205340/mag-bag-penton-acquires-aviation-week.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+mediadailynews+%28MediaPost+|+MediaDailyNews%29&utm_content=Netvibes#axzz2a5dKHkNy
Penton Media has acquired Aviation Week and all its related assets from McGraw Hill Financial, the companies announced Wednesday. The acquisition includes Aviation Week’s events, data, digital and media products. Terms of the all-cash deal were not disclosed. 
Aviation Week reaches an audience of around 1.2 million aviation professionals around the world, according to McGraw Hill. The acquisition complements Penton’s Aviation Group, which includes Air Transport World, SpeedNews, Aircraft Bluebook, Air Charter Guide, Airportdata.com and Ac-U-KWIK.
Last week McGraw Hill Financial announced that Harold McGraw III will be stepping down from his position as CEO effective November 20 of this year. He is being replaced by Douglas Peterson, who currently serves as president of Standard & Poor’s Ratings Service.
The Alliance for Audit Media (formerly known as the Audit Bureau of Circulations) is offering smaller publishers a new, streamlined audit option that allows them to choose what basic metrics they would like reported, according to Folio:. The new offering is only available to publishers of titles with circulations under 100,000.
Daniel Strauss has been named general manager for digital at The Hollywood Reporter.
Becca Gildred has been promoted to marketing director for Down East Enterprise, the publisher of Down East: The Magazine of Maine, Shooting Sportsman and Fly Rod & Reel.
 

Nielsen: Global Ad Spend

http://www.nielsen.com/us/en/newswire/2013/global-ad-spend--display-ads-see-double-digit-growth-in-q1.html
According to Nielsen’s quarterly Global AdView Pulse report, the first quarter of 2013 held few surprises for media sectors—continuing trends established in recent years. Television remained the dominant media type in terms of advertising investments (with 59% media share and 3.5% global growth), and it appears that TV will maintain this position at least for the short term. TV advertising, however, was not immune to the economic problems in Europe in Q1, leading to a 2.9 percent decrease in this region.
Decreases in print advertising continued slowly, as both spending in magazines and newspapers both declined in the first quarter (-2.8% and -4.7%, respectively). Newspaper ad spend decreased in North America, Europe and Asia-Pacific, while magazine ad spending decreased in Europe, Asia-Pacific.

Condé Nast Launches Teen Vogue Channel

http://www.thevideoink.com/breaking-news/conde-nast-launches-teen-vogue-channel/#.UfLG2lOYyKx
Conde Nast has made a big bet in online video this year. To date, the publisher’s entertainment division has launched video channels for some of its top magazine brands including Glamour, GQ, Wired, Vogue, and most recently, Vanity Fair. Today the company adds to its growing video network with the launch of the Teen Vogue channel, which will focus on pop culture on beauty/fashion programming for teenage audiences.