After more than 100 years in business, Midland has grown from a single Midwest location to a national company with offices from coast to coast.
This type of growth requires relentless effort and a continual focus on doing things right.
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Recent Paperclips Industry News
09Dec 19
New Bipartisan Federal Legislation Aims to Reinstate Mailed Social Security Earnings Statements (piworld.com)
The Coalition for Paper Options – an alliance of consumer organizations, labor unions, rural advocates, and print communications industry organizations which recognize the need to preserve access to important paper-based information and services for Americans who prefer them or depend on them – today applauded the introduction of the Know Your Social Security (KYSS) Act, new bipartisan legislation that would require the Social Security Administration (SSA) to reinstate the mailing of annual Statement of Earnings, which are currently only available online for workers under age 60. The bill was introduced in the U.S. House of Representatives by Reps. John Larson (D-CT) and Vern Buchanan (R-FL) and in the U.S. Senate by Senators Ron Wyden (D-OR) and Bill Cassidy (R-LA).
09Dec 19
Oil prices slip as weak China exports highlight trade war impact (cnbc.com)
Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage being done to global demand by the trade war between Washington and Beijing. Monday’s sudden chill came after customs data released on Sunday showed exports from the world’s second-biggest economy in November fell 1.1% from a year earlier, confounding expectations for a 1% rise in a Reuters poll.
09Dec 19
Sonoco Provides Strategy Update
Sonoco expects fourth-quarter and full-year 2019 GAAP earnings of $0.54 to $0.64 and $2.98 to $3.08 per diluted share, respectively. The full-year range includes amounts previously disclosed by the Company of approximately $0.34 per diluted share, after-tax, largely consisting of restructuring and non-operating pension costs partially offset by a gain relating to the release of an environmental reserve. These GAAP guidance ranges also reflect the anticipated fourth-quarter impact of estimated after-tax restructuring charges and non-operating pension costs. Fourth-quarter and full-year 2019 base earnings are expected to be $0.72 to $0.76 and $3.50 to $3.54 per diluted share, respectively, which reaffirms the Company’s previously communicated guidance.