Due to the steady and continuous increase of raw materials costs driven in particular by pulp price raise, Arjowiggins Graphic will increase the price of its coated woodfree papers in the European market by 6 to 8%. The price increase will take effect for all paper deliveries from first of July 2015.
Tukaiz, a leading marketing services production company, is the recipient of the Continuous Improvement Award given by Outerwall Inc., a leader in automated retail, for its work on Redbox kiosks’ outdoor and indoor signage and merchandising. Each year, the Continuous Improvement Award recognizes a supplier in three separate categories for being innovative and proactive when addressing the needs of Redbox. Tukaiz is the only supplier to capture this prestigious award twice.
Pacific Sunwear of California, Inc. (Nasdaq:PSUN), announced today that net sales for the first quarter of fiscal 2015 ended May 2, 2015, were $166.5 million versus net sales of $171.1 million for the first quarter of fiscal 2014 ended May 3, 2014. Comparable store sales for the first quarter of fiscal 2015 decreased 2%. The Company ended the first quarter of fiscal 2015 with 605 stores versus 618 stores a year ago. On a GAAP basis, the Company reported a net loss of $3.5 million, or $(0.05) on a diluted per share basis for the first quarter of fiscal 2015, compared to a net loss of $10.4 million, or $(0.15) per diluted share for the first quarter of fiscal 2014.
National Average Price for Regular Unleaded: $2.736 Month Ago: $2.563 Year Ago: $3.651 National Average Price for Diesel: $2.885 Month Ago: $2.810 Year Ago: $3.924
American Dollar to Canadian Dollar = 0.804447 American Dollar to Chinese Yuan = 0.161418 American Dollar to Euro = 1.097779 American Dollar to Japanese Yen = 0.008073 American Dollar to Mexican Peso = 0.065141
"Today's announcement gives us another tool to continue to enhance shareholder value," said Richard Garneau, president and chief executive officer. "Share repurchases will complement our ongoing value-creating initiatives to build capacity in markets with future growth opportunities – such as the two new sawmills and the continuous pulp digester project – and upcoming initiatives as we continue to execute on our growth strategy."
Best Buy’s five-year-long drive to reduce its carbon footprint by at least 20 percent by 2020 was recognized as an unparalleled retailer achievement at U.S. Department of Energy (DOE) White House ceremonies in Washington, D.C., on Wednesday night. The reduction is part of the company’s effort to address climate change. Thanks to a combination of an industry-leading energy management system, store lighting retrofit and improved fleet and distribution practices, Best Buy was commended for exceeding its goal and reducing emissions by 26 percent since 2010. The award was given at this week’s DOE Better Buildings Challenge Summit.
July WTI (West Texas Intermediate) crude oil futures trading in NYMEX gained slightly by 0.30% and closed at $57.68 per barrel on Thursday, May 28, 2015. The oil price rally…
Total comparable sales increased +5.5% versus +3.4% in prior-year quarter • 104 DXL retail stores, open at least 13 months, had an +8.7% comparable sales increase on top of +12.8% in the prior-year quarter • Operating income of $0.2 million versus an operating loss of $(2.9) million in the prior-year quarter • EBITDA from continuing operations of $6.8 million versus $2.5 million in the prior-year quarter • Sales per square foot for the DXL retail stores, on a rolling 12-month basis, were $168 as compared with $153 for the prior-year quarter
Nanocrystalline cellulose has many interesting material properties, and can be used for example as a building material, in biocomposites, printed electronics and dye additives. The operation in the pilot plant is based on technology developed by an Israeli start-up company Melodea. "Holmen is working actively to develop new products based on raw materials from our Swedish forests," says Ola Schultz-Eklund, Director of Business Development and Innovation at Holmen. "Nanocrystalline cellulose is definitely an interesting material for the future."