Meredith’s Fiscal 2015 Second Quarter Earnings Per Share Grow 30 Percent

Meredith Corporation (NYSE:MDP; www.meredith.com), the leading media and marketing company serving more than 100 million American women, today reported fiscal 2015 second quarter earnings per share grew 30 percent to $0.87 compared to $0.67 in the prior-year period. Total revenues rose 13 percent to $399 million, including 25 percent growth in advertising revenues.
Read More

Courier Board of Directors Determines Proposal from R.R. Donnelley & Sons Company Reasonably Likely to Result in a “Superior Proposal”

Courier Corporation (Nasdaq: CRRC), one of America’s leading innovators in book manufacturing, publishing and content management, announced today that its Board of Directors has reasonably determined in good faith, after consultation with its independent legal and financial advisors, that the non-binding, unsolicited proposal from R.R. Donnelley & Sons Company (Nasdaq: RRD) to acquire the Company for $23.00 per share in cash or RR Donnelley common stock is reasonably likely to result in a “Superior Proposal” as defined in Courier’s merger agreement with Quad/Graphics, Inc. (NYSE: QUAD) (“Quad/Graphics”).
Read More

Hammermill® Paper Raises $327,657 During St. Jude Thanks And Giving® Campaign To Help Find Cures And Save Children

Hammermill® Paper, manufactured by International Paper, raised $327,657 during an exciting holiday shopping season as part of the paper manufacturer's participation in the 11th annual St. Jude Thanks and Giving® campaign. This marks the fourth year of the Hammermill brand's partnership with St. Jude Children's Research Hospital®, and brings the total amount contributed by Hammermill to St. Jude to more than one million dollars. The Thanks and Giving campaign raises millions of dollars to support St. Jude Children's Research Hospital® and its mission of finding cures and saving children battling cancer and other life-threatening diseases.
Read More

Domtar expands The Paper Trail, digital transparency tool that traces impacts of paper production

Domtar Corporation (NYSE: UFS) (TSX: UFS) today announced significant updates to The Paper Trail®, its award-winning interactive tool that helps customers trace the impacts of their paper purchases. The totally renovated site includes social and economic information in addition to environmental data, broadening the meaning of sustainability. It represents Domtar's belief that businesses should operate transparently, pulling back the curtain on their operations and the resulting impacts.
Read More

Canfor Sells Taylor Pulp Mill to Canfor Pulp Products Incorporated

Canfor Corporation (TSX: CFP) announced today the sale of its Taylor, BC pulp mill to its subsidiary company, Canfor Pulp Products Incorporated (TSX: CFX). This transaction will impact the management reporting structure of Taylor Pulp within Canfor Corporation but is not anticipated to have any operational impacts. The agreement includes a purchase price of approximately $15 million including working capital, along with additional consideration to be paid by Canfor Pulp over a three year period contingent on the financial results of Taylor Pulp over that time.
Read More

Bemis Company Reports 2014 Results and 2015 Outlook

For the full year 2014, the Company reported diluted earnings per share from continuing operations of $2.36 compared to $1.85 per share for the full year 2013. Excluding the effect of facility consolidation costs and transaction-related gains detailed in the attached schedule, “Reconciliation of Non-GAAP Earnings Per Share,” adjusted diluted earnings per share from continuing operations would have been $2.30 in 2014 and $2.09 in 2013. Net sales from continuing operations totaled $4.3 billion in 2014. Excluding the impact of currency, acquisitions, and divestitures, net sales for 2014 would have increased by 2.1 percent, primarily reflecting the favorable impact of price and mix.
Read More
Back To Top
Close search
Search