Catalyst Paper recorded a net loss of $25.6 million in the first quarter of 2012 due primarily to the impact of restructuring and reorganization expenses of $27.6 million. Before specific items, the net loss was $9.6 million.
Friday, May 11, 2012
Catalyst Reports Q1 Net Loss
http://www.catalystpaper.com/media/news
Catalyst Paper recorded a net loss of $25.6 million in the first quarter of 2012 due primarily to the impact of restructuring and reorganization expenses of $27.6 million. Before specific items, the net loss was $9.6 million.
Catalyst Paper recorded a net loss of $25.6 million in the first quarter of 2012 due primarily to the impact of restructuring and reorganization expenses of $27.6 million. Before specific items, the net loss was $9.6 million.
USPS $3.2 Billion Q2 Loss
Postal Service’s $3.2 Billion Q2 Loss Underscores Need for Legislative Changes
The Postal Service ended its second quarter (Jan. 1 – March 31, 2012) with a net loss of $3.2 billion, compared to a net loss of $2.2 billion for the same period last year.
The Postal Service ended its second quarter (Jan. 1 – March 31, 2012) with a net loss of $3.2 billion, compared to a net loss of $2.2 billion for the same period last year.
Cenveo Posts Net Loss
Cenveo Posts Net Loss on Net Sales Decline:
Cenveo Inc. announced its results for the three months ended March 31, 2012. The company generated net sales of $455.6 million for the first quarter of 2012, compared to $477.0 million in the first quarter of 2011.
Cenveo Inc. announced its results for the three months ended March 31, 2012. The company generated net sales of $455.6 million for the first quarter of 2012, compared to $477.0 million in the first quarter of 2011.
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.
“
Wednesday, May 9, 2012
Consolidated Graphics Reports Declines
Consolidated Graphics Reports Declines in Revenue and Income: Consolidated Graphics announced financial results for its fourth quarter and year ended March 31, 2012. Its revenue for the quarter totaled $250.6 million, a $7.6 million decrease (2.9 percent) compared to the prior-year quarter.
Catalyst Moves Creditor Meetings To May 18th
http://foresttalk.com/index.php/2012/05/09/catalyst-paper-pushes-creditor-meetings-back-another-3-days/
Catalyst Paper has announced a three-day extension for the meetings of its secured and unsecured creditors to consider the plan of arrangement under the Companies’ Creditors Arrangement Act. The meetings, previously scheduled for May 15, 2012, will now be held on May 18, 2012.
Catalyst Paper has announced a three-day extension for the meetings of its secured and unsecured creditors to consider the plan of arrangement under the Companies’ Creditors Arrangement Act. The meetings, previously scheduled for May 15, 2012, will now be held on May 18, 2012.
Norway Central Bank's 5% Stake in Stora
Norway central bank takes 5 pct stake in Stora:
Norway's central bank raised its stake in Finnish paper maker Stora Enso to over 5 percent, according to a regulatory filing on Wednesday.
Norway's central bank raised its stake in Finnish paper maker Stora Enso to over 5 percent, according to a regulatory filing on Wednesday.
AF&PA Testimony In Favor Of Illegal Logging
American Forest & Paper Association (AF&PA) President and CEO Donna Harman testified today on Capitol Hill on the implementation and enforcement of the 2008 Lacey Act amendments, citing industry concerns over the proposed RELIEF Act (H.R. 3210) and FOCUS Act (H.R. 4171).
USPS To Cut Hours
The U.S. Postal Service is backing off a previous plan to close thousands of post offices, and will instead cut hours at 13,000 rural facilities in an effort to save $500 million a year.
Tuesday, May 8, 2012
U.S. Direct Marketing Spend By Medium
U.S. Direct Marketing Spend By Medium: From the DMA (Email, Direct, Internet, Social, and Mobile)
More Details-Nova Scotia/Port Hawkesbury Mill
More details of the deal with Nova Scotia Power for the Port Hawkesbury paper mill:
Nova Scotia Power, has released more details of the tentative power agreement between Pacific West Commercial Corporation (PWCC) and Nova Scotia Power regarding the Port Hawkesbury mill.
Nova Scotia Power, has released more details of the tentative power agreement between Pacific West Commercial Corporation (PWCC) and Nova Scotia Power regarding the Port Hawkesbury mill.
RDA Q1 Revenue Drops 14.8%
RDA Q1 Revenue Drops 14.8 Percent to $241.8 Million:
Reader’s Digest Association endured a tough first quarter of 2011, with revenue for its North American sector tumbling 21 percent from $130.9 million in the first quarter of 2011 to $103.4 million.
Reader’s Digest Association endured a tough first quarter of 2011, with revenue for its North American sector tumbling 21 percent from $130.9 million in the first quarter of 2011 to $103.4 million.
UPM Launches Online Paper Catalogue
http://www.upm.com/EN/MEDIA/All-news/Pages/UPM%27s-printed-Paper-Catalogue-complemented-with-modern-Online-and-Mobile-Catalog-001-Mon-07-May-2012-15-10.aspx
UPM’s service offering for its paper customers has been extended by launching a modern, easy-to-use Online Paper Catalogue.The new Online Paper Catalogue allows approaching UPM papers from different angles.
UPM’s service offering for its paper customers has been extended by launching a modern, easy-to-use Online Paper Catalogue.The new Online Paper Catalogue allows approaching UPM papers from different angles.
|
|
Fashion Mags See Newstand Sales Down
Back in January, when most of the major fashion and beauty titles reported ad page increases for their key March issues, the industry was looking forward to a sunny spring. Unfortunately, everything isn’t coming up roses: March newsstand sales aren’t matching up to the magazines’ strong ad numbers, with many big titles declining more than 20 percent versus a year earlier.
Paper-Based Packaging Recycling In The EU
Paper-based packaging recycling at 78%
Paper is the most recycled packaging material in the EU with a recycling rate of 78% based on 2010 figures.
Paper is the most recycled packaging material in the EU with a recycling rate of 78% based on 2010 figures.
Subscribe to:
Posts (Atom)