Thursday, March 22, 2012
Supercalendered Paper Ships Fall
The PPPC has reported that North American Supercalendered paper shipments declined -27% in February as compared to the same month last year. Demand was down -28.3% and imports decreased -32.7%. The operating rate was 96%. SC-A/SC-A+ shipments fell -17.6%, demand was down -22.6% and imports declined -34.7%.
NYSE Accepts Verso Plan
http://www.versopaper.com/default.aspx
Verso Paper Corp. announced today that the New York Stock Exchange has accepted the company's plan for continued listing on the NYSE.The company also reported preliminary results of tender offer for certain outstanding debt.
Norske Skog Closing Follum
Norske Skog will stop paper production at its Follum mill in Hønefoss, southern Norway, on March 30. The mill makes 145,000 tonnes/yr of coated paper on PM 7 and 145,000 tonnes/yr of improved newsprint and book paper on PM 1.
AF&PA Reports February CGW Ships Up
http://www.statmill.org/
According to the American Forest & Paper Association, total printing-writing paper shipments in the U.S. increased 2% in February compared to the same month in 2011. Coated mechanical paper shipments jumped four percent year-over-year, the largest such increase since September 2010. Shipments of coated free sheet rose year-over-year for the first time in the past 15 months. |
Sappi Limited Named First HP Indigo Partner
Sappi Limited Named First HP Indigo Worldwide Preferred Media Partner:
North America announced today it has been named as the first worldwide member of the HP Indigo Preferred Media Partner program.
North America announced today it has been named as the first worldwide member of the HP Indigo Preferred Media Partner program.
B-to_B Media Revenue Jumps 6.9%
B-to-b media increase revenue 6.9% in 2011: Total b-to-b media revenue grew 6.9% to $26.5 billion last year, according to Business Information Network data released by American Business Media.
Cintas Reports Q3 Results
http://www.cintas.com/company/investor_information/highlights.aspx
Cintas Corporation today reported results for its third quarter ended February 29, 2012. Revenue for the third quarter was $1.01 billion, representing a 7.9% increase compared to last year's third quarter. The Company's third quarter operating income of $137.5 million was a 26.3% improvement as compared to last year's third quarter. Net income increased 28.7% to $76.0 million.
Cintas Corporation today reported results for its third quarter ended February 29, 2012. Revenue for the third quarter was $1.01 billion, representing a 7.9% increase compared to last year's third quarter. The Company's third quarter operating income of $137.5 million was a 26.3% improvement as compared to last year's third quarter. Net income increased 28.7% to $76.0 million.
Email Deliverability Falls
Email deliverability took steep dive in 2011: Overall worldwide email delivery to inboxes declined in the second half of 2011, falling to a record low 76.5%, down almost six percentage points from the first six months of last year, according to email deliverability company Return Path.
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