NewPage announced that it will increase coated freesheet and coated mechanical products by $30-60/ton, effective May 1. The company attributed the move to rising input and transportation costs. Verso had previously announced an increase for both coated and Supercalendered papers.
Monday, April 9, 2012
Battle for Fibrek Continues
Fibrek Inc. ("Fibrek" or the "Company") announced today that Mercer International Inc. ("Mercer") has extended the expiry date of its superior offer to acquire all of the issued and outstanding common shares of Fibrek to April 16, 2012.
NFL Magazine Shuttered
NFL Magazine Is No More: NFL magazine, launched last year, is closing. The April issue will be final issue.
Inc. Names Editor
Schurenberg named editor of 'Inc.': Mansueto Ventures has named Erick Schurenberg the new editor of Inc. Previously the editor of Inc.com, Schurenberg succeeds Jane Berentson, who is now the brand's international editor and will move to London.
Goldstone Returns as Hanley Wood CEO
Peter Goldstone Returns to Hanley Wood As CEO: Hanley Wood's CEO Frank Anton is transitioning into a chairman role, the company announced today. Former Hanley Wood president Peter Goldstone, is returning to the company as CEO.
Bonnier Launches Titles Through Pulse
Bonnier Launches 20 Titles Through Pulse: After a six-month trial run between Popular Science and content aggregation app Pulse scored a subscriber bonanza, Bonnier has decided to launch 19 more titles through it.
Cuts for Quad/Graphics CEO
Reduced Bonuses Lead to Compensation Cut for Quad/Graphics CEO Quadracci: Smaller cash bonus payouts contributed to a drop in overall compensation for Quad/Graphics Inc. chairman, president and CEO Joel Quadracci, according to a new federal regulatory filing. Quadracci’s overall compensation dipped about 25 percent to about $4.2 million in 2011.
CEO Confidence Increases
CEO Confidence Increases: The Conference Board Measure of CEO Confidence, which had improved in the fourth quarter, increased further in the first quarter of 2012. The Measure now reads 63, up from 49 last quarter (a reading of more than 50 points reflects more positive than negative responses).
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