SCA – Year-end Report 2017
JANUARY 1 – DECEMBER 31, 2017 (compared with the year-earlier period, continuing operations) •Net sales increased 8% to SEK 16,664m (15,373) •Adjusted EBITDA improved 15% to SEK 3,761m (3,269) •The…
Oil Futures Lose Steam on Threat of U.S. Crude Inventory Growth
Futures fell for a second day as U.S. crude stockpiles were seen expanding for the first time in 11 weeks, ending a record run of declines. A sharp contraction in…
Tom Harty Tapped to Replace Steve Lacy as CEO of Meredith Corp.
Meredith Corp. is welcoming more change today, naming Tom Harty its new chief executive officer, replacing Steve Lacy who will shift to executive chairman. The news comes as the Des…
FedEx Committing More Than $3.2 Billion in Wage Increases, Bonuses, Pension Funding and Expanded U.S. Capital Investment Following the Passage of the Tax Cuts and Jobs Act
FedEx Corporation is announcing three major programs today following the recently enacted U.S. Tax Cuts and Jobs Act: 1) Over $200 million in increased compensation, about two-thirds of which will…
Holmen’s year-end report 2017
Operating profit for 2017 amounted to SEK 2 166 million (2016: SEK 2 162 million excluding items affecting comparability). Deliveries of paperboard, paper and wood products increased and the sales…
Smurfit Kappa is official partner of a prestigious international wine contest
Smurfit Kappa, expert in complete Bag-in-Box® packaging solutions, is official partner of the Concours International Wine in Box contest once again. Smurfit Kappa has had a strategic partnership with the…
Stein Mart, Inc. Assembles Team to Improve Performance and Explore Strategic Alternatives
Stein Mart, Inc. (NASDAQ:SMRT) today announced that a Special Committee appointed by its Board of Directors, together with management, have assembled a team to explore all opportunities to improve operating…
WestRock Signs Definitive Agreement to Acquire KapStone for $35 per Share
WestRock Company (NYSE:WRK) (“WestRock”) and KapStone Paper and Packaging Corporation (NYSE:KS) (“KapStone”) announced today the signing of a definitive agreement, pursuant to which WestRock will acquire all of the outstanding…
WestRock Reports Fiscal 2018 First Quarter Results
WestRock Company (WestRock) (NYSE:WRK), a leading provider of differentiated paper and packaging solutions, today announced results for its fiscal first quarter ended December 31, 2017. First Quarter 2018 Highlights •Earned…
BillerudKorsnas Year-End Report – January – December 2017
QUARTERLY DATA Net sales for the fourth quarter increased by 2% compared with the same quarter of the previous year, mainly as a result of improved selling prices. EBITDA was…