Marubeni Reports Strong Third Quarter

 http://www.marubeni.com/ir/index.html

Marubeni Corp. has announced FY 2011 third quarter revenue of $12.7 billion, up 18% as compared to the same period last year.  Net income rose sharply, up 32% to $484 million and the operating profit jumped 26%.  The company is anticipating that net income for the whole of FY 2011, which ends on March 31, 2012, will increase by 25% over FY 2010.

Domtar Releases Q4 Financials

Domtar reports net quarterly earnings of $61 million:

Domtar Corporation has posted net earnings of $61 million in the fourth quarter of 2011.

For the 2011 fiscal year, Domtar’s net earnings amounted to $365 million compared to net earnings of $605 million in 2010.

NewPage Port Hawkesbury Workers Sue

NewPage Port Hawkesbury workers sue company for $168 million in unpaid severance, pensions, and benefits:

The workers of the idled NewPage Port Hawkesbury mill in Nova Scotia have filed a lawsuit for $168 million against the company. The employees, represented by the Communications, Energy and Paperworkers (Local 972) are owed severance, pensions, and other benefits.

Fibrek Expects 3rd Party Bids

Fibrek expects to receive 3rd party proposals today:
Fibrek Inc. announced today that a proposal has emerged from its strategic alternatives review process, which was initiated by Fibrek’s Board following the unsolicited insider bid made by AbitibiBowater Inc. (carrying on business as Resolute Forest Products) on December 15, 2011.

Dow Jones & Co. Names CEO

http://www.btobonline.com/article/20120203/MEDIABUSINESS06/120209994/news-corp-taps-fenwick-as-ceo-of-dow-jones-co?utm_source=dailynewsletter&utm_medium=email&utm_content=editorial&utm_campaign=dailyclickthroughs

News Corp. today named Lex Fenwick CEO of Dow Jones & Co., publisher of The Wall Street Journal. Fenwick joins Dow Jones from Bloomberg, where he spent 25 years, most recently as CEO of Bloomberg Ventures.

Time Names Europe Editor

http://www.mediabistro.com/fishbowlny/time-names-new-europe-editor_b52549

Time has promoted Catherine Mayer to the role of Europe Editor. Mayer joined Time in 2004 and has been the magazine’s London Bureau Chief since 2006.

55 New Magazines Debut in January

http://launchmonitor.wordpress.com/2012/02/01/55-new-titles-debut-in-january-2012-the-mr-magazine-launch-monitor/

The Mr. Magazine™ Launch Monitor was able to identify (and buy) 55 new publications arriving on the market place for the first time during the month of January. Ten of the new magazines were published with an intention to appear at least 4 times a year (quarterly). Reality Weekly, as the name obviously shows, is published weekly.

Publishers Looking for Answers to USPS Plight

Publishers Seek Solutions as USPS Nears Brink: The United States Postal Service is teetering at the edge of collapse, and magazine publishers, for whom the health of the postal service is of critical importance, are looking for answers.

Xerox Global Graphic Communications Names President

Xerox and Presstek appoint new presidents: Presstek chief executive Jeff Jacobson will join Xerox later this month as president of its Global Graphics Communications division and be succeeded by Fujifilm's former US chief operating officer Stan Freimuth.

AlphaGraphics Names President

AlphaGraphics Names Art Coley as President: Blackstreet Capital Partners II, an affiliate of a Maryland-based private equity fund, has announced the promotion of AlphaGraphics Inc.’s Art Coley to president of the franchise organization with nearly 300 centers worldwide. This appointment is effective immediately and follows the departure of Kevin Cushing as CEO of the company.

International Paper Reports Q4 and 2011 Results

http://www.paperage.com/2012news/02_02_2012international_paper_earnings.html
International Paper reported preliminary full-year 2011 net earnings attributable to common shareholders totaling $1.3 billion compared with $644 million in full-year 2010. In the fourth quarter of 2011, the company reported net earnings of $257 million compared with $316 million in the fourth quarter of 2010. Amounts in all periods include special items.

More layoffs at Kruger's Corner Brook mill

http://www.cbc.ca/news/canada/newfoundland-labrador/story/2012/02/01/nl-kruger-jobs-201.html

As previously announced, Corner Brook Pulp and Paper started implementing a rightsizing plan as part of its strategy to improve its competitiveness. Throughout the day yesterday, the Company met with union executives to announce the immediate layoff of nine employees, as well as a gradual reduction of 33 additional positions and four vacancies that will not be filled.

Investor Found for manroland’s Sheetfed Division

Langley Group Takes Over manroland’s Sheetfed Division: An investor solution has been found for the sheetfed business of manroland AG currently in insolvency proceedings.

Hearst, Fleishman-Hillard Publish Ad Study

Women Most Notice Price, Quality Info in Advertising: The top elements of advertising that make women "take notice" are an easily found price (45%) and proof or details of quality (43%) followed by relevant messaging (39%) and ads that are easy to remember (28%) according to a study conducted by integrated marketing and communications firm Fleishman-Hillard in partnership with Hearst Magazines.
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USPS Proposes Barcode Discount

 http://www.btobonline.com/apps/pbcs.dll/article?AID=/20120202/DIRECT0202/302029994/usps-to-again-offer-qr-code-discount-offer&template=printart
Washington, D.C.—The U.S. Postal Service, which has been aggressively courting commercial mailers with a variety of promotions, will reprise its 2D barcode promotion first launched last summer.

GMG Names Marketing Director

Ikea's Farkas joins GMG to head up marketing: GMG has appointed Michael Farkas as marketing director after nearly a decade masterminding the production workflow behind the Ikea catalogue.

Marubeni Recognized as Sustainability Leader

http://www.marubeni.com/csr_env/topics/006217.html

As in the previous year, Marubeni Corporation has been awarded the SAM Sector Leader in the Support Services, the sector to which Marubeni Corporation belongs, by SAM, a global CSR research and rating company that analyzes candidate companies for inclusion in the Dow Jones Sustainability Index (DJSI), an index of companies leading in the field of socially responsible investment (SRI). The SAM Sector Leader is awarded to the company with the highest sustainability performance in each industry sector. 

In addition, in the rating of the overall sustainability performance, Marubeni Corporation has been awarded the top "SAM Gold Class," which is higher than the SAM Silver Class awarded to Marubeni in the previous fiscal year, and has been included in SAM’s “The Sustainability Yearbook 2010” as a leader in sustainability.

No Word on Sale of St. Mary's

http://www.saultstar.com/ArticleDisplay.aspx?e=3455825

The sale of bankrupt St. Marys Paper Corp., underway for two weeks, has quietly entered the second phase of a quick-moving process.

Letters of intent from prospective bidders, according to sales protocol, were to have been filed with the court-appointed receiver, Ernst & Young, late Monday afternoon and upon review applicants advancing into the next phase of the process were to have been notified Tuesday.

UPM to Build EUR 85 Million CHP Plant at Schongau

http://www.paperage.com/2012news/02_01_2012upm_chp_germany.html
UPM said that it plans to invest EUR 85 million to build a new combined heat and power (CHP) plant at its Schongau mill in Germany.
The new power plant will generate process heat as well as electricity for the mill, while also providing sustainable and energy efficient district heating for roughly 750 households and public institutions such as local school and hospital in Schongau.

UPM Reports Fourth Quarter Results

http://www.upm.com/en/Pages/default.aspx

Sales for the fourth quarter of 2011 were EUR 2,686 million, 14% higher than the EUR 2,357 million in the fourth quarter of 2010. Sales increased mainly due to the inclusion of the acquired Myllykoski Corporation and Rhein Papier GmbH, as of 1 August 2011. In addition, sales prices increased, particularly in Paper.

EBITDA decreased to EUR 301 million, 11.2% of sales, from EUR 318 million, 13.5% of sales in the same period last year.

Operating profit was EUR 131 million, 4.9% of sales (207 million, 8.8% of sales). Operating profit includes net charges of EUR 16 million as special items, mainly related to restructuring measures in Paper.

The operating profit excluding special items was EUR 147 million, 5.5% of sales (212 million, 9.0% of sales).