Appleton Coated has announced a price increase of $1.50/cwt, effective with shipments on or after July 1, on the following grades:
U2:XG web, Utopia Two web, Utopia Three web, Utopia Book web, Utopia Thin Book web, Utopia Film Coat web, and Utopia GW Book web.
Wednesday, May 8, 2013
Resolute Announces Early Solicitation Results
Resolute
Forest Products Inc. today announced that holders of $496.5 million principal
amount of its 10.25% senior secured notes due 2018 (CUSIP No. 003687AB6) (the
"2018 notes"), or 99.1% of the outstanding principal amount, tendered
their 2018 notes and delivered consents before 5:00 p.m., New York City time
today, the "early tender deadline" under the Company's
previously-announced cash tender offer and consent solicitation. Resolute
intends to accept for payment on May 8, 2013 , all 2018 notes validly tendered
and not validly withdrawn before the early tender deadline. The holders of
those notes will receive $1,166.94 per $1,000 principal amount, plus accrued
and unpaid interest up to, but not including, the date of payment.
Truckers Refusing to Deliver to Port Hawkesbury
Truckers
are refusing to deliver wood to Port Hawkesbury Paper, in Nova Scotia.
The
truckers claim the mill is refusing to negotiate with their Northeastern Pulp
Truckers Association. Rates are down about 15% from the previous mill
operator, NewPage Port Hawkesbury.Only a 5 day supply of wood remains at the mill.
At 10am this morning the mill’s woodland manager entered into emergency negotiations with the trucking association.
Disney Q2 Profit Up 32%
Walt
Disney Co. DIS -1.82% said
late Tuesday that its fiscal second-quarter earnings rose to $1.51 billion, or
83 cents a share, from $1.14 billion, or 63 cents a share, in the year-ago
period. Excluding one-time items, the company would have reported 79 cents a
share. Revenue grew to $10.55 billion from $9.63 billion last year. Analysts
surveyed by FactSet expected fiscal second-quarter earnings of 77 cents a share
on revenue of $10.49 billion. Disney shares rose 0.6% to $66.45 in after-hours
trading on moderate volume.
Quad/Graphics Reports Q1 Results
Quad/Graphics Reports $14 Million Net Loss in Q1: SUSSEX, Wis. - Quad/Graphics, Inc. today reported results for its first quarter ending March 31, 2013. The reported results include Vertis from the day of acquisition on January 16, 2013. With the exception of certain debt ratios, prior year financial results do not include the acquisition ofVertis.
“Our first quarter results were in line with our expectations and we reaffirm our previously released 2013 annual guidance,” said Joel Quadracci, Quad/Graphics Chairman, President & CEO.
“Our first quarter results were in line with our expectations and we reaffirm our previously released 2013 annual guidance,” said Joel Quadracci, Quad/Graphics Chairman, President & CEO.
Hearst, Time Warner Cable, HBO and Verizon Fund Initiative
Time Warner Cable, Hearst, HBO and Verizon are helping to fund the fledgling NYC Media
Lab as part of a media-industry effort to encourage and benefit from research in
the same way that tech companies
already do.
manroland web systems in North America
manroland web systems Reports Success, Change in Leadership: In March 2012, the North American branch of manroland web systems began business in the United States and Canada. Specific and challenging goals were put forward for the company’s first year. These goals included (but were not limited to) strengthening the parts and service support to existing customers, relocating the substantial North American parts inventory to a new warehouse in Elk Grove Village, IL, expansion of the printcom pressroom consumables product portfolio for U.S. and Canadian customers, relocating North American Headquarters to a new office in Lisle, IL, and completing the year with a financial profit. Each of these goals, and more, were completed by the strong, seasoned team at manroland web systems, under the leadership of CEO Roland Ortbach.
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