Meredith Corporation's category-leading brands—PEOPLE, Allrecipes, Better Homes & Gardens, Southern Living, Entertainment Weekly, People en Español, and InStyle—have achieved momentous performances in audience rankings, according to the first Magazine Media 360° Brand Audience Report produced by the Alliance for Audited Media (AAM) for December 2019, which covers 93 magazine brands and 21 publishing companies. PEOPLE, one of the world's leading entertainment media brands, ranks No. 1 in Total Brand Audience across platforms with 93.6 million, followed by Allrecipes, America's largest digital food media brand, at No. 2 with 79.4 million and Better Homes & Gardens at No. 9 with 41.0 million.
Police on Monday made multiple arrests and cleared a rail blockade by an indigenous group in eastern Canada that had been stopping freight and passenger traffic for 19 days on one of the country’s busiest lines. Police secured the area near Belleville, Ontario, Canadian National Railway Co (CN) said, and its technicians were inspecting the tracks and signals. “CN is pleased that the illegal blockade in Tyendinaga has come to an end,” the company said in a statement without saying when rail service would resume.
Sales for the fourth quarter of fiscal 2019 were $25.8 billion compared to sales of $26.5 billion in the fourth quarter of fiscal 2018. Fiscal 2018 included an extra week of operations compared to fiscal 2019. The extra week of operations added approximately $1.7 billion of sales to the fourth quarter of fiscal 2018. Net earnings for the fourth quarter of fiscal 2019 were $2.5 billion, compared to net earnings of $2.3 billion, in the fourth quarter of fiscal 2018. Comparable sales for fiscal 2019 increased 3.5 percent, and comparable sales in the U.S. increased 3.8 percent. Sales for fiscal 2019 were $110.2 billion compared to sales of $108.2 billion in fiscal 2018. Net earnings for fiscal 2019 were $11.2 billion, compared to net earnings of $11.1 billion, in fiscal 2018.
Berry Global Group, Inc. provided the following statement in response to a letter published by Canyon Capital Advisors LLC on February 23, 2020. “Berry Global regularly engages with shareholders, including Canyon Capital, and values their constructive input. We remain focused on three key strategic initiatives – generate sustainable profitable organic growth, integrate the RPC Group Plc business with an intense focus on cost synergy realization, and continue to de-lever and further enhance our balance sheet. Our Board and management team regularly review our operational portfolio and capital allocation to ensure that we are best positioned to drive shareholder value, including through divestitures, in order to maintain our strong balance sheet and proven track record of free cash flow growth.
“The Deluxe of today is a dynamic fintech company, and we are excited to showcase our One Deluxe vision and our broad portfolio of products and services that support customers throughout their lifecycle,” said McCarthy. “In fundamentally changing the way we go to market; we have positioned Deluxe to deliver sales-driven revenue growth for the long term.” “We have been building on our heritage as the original payments company by expanding our platform of offerings far beyond the markets we historically operated in. With our strong leadership team in place, Deluxe is poised to capitalize on the tremendous opportunity presented by our massive customer base of approximately 4.5 million small businesses, over 4,000 financial institutions and many of the world’s largest consumer brands,” McCarthy continued.
Annual comparable sales of (0.8)% on an owned basis; (0.7)% on an owned plus licensed basis; Annual Diluted EPS of $1.81 and Annual Adjusted Diluted EPS of $2.91; Strong execution of Holiday 2019 with significant trend improvement in sales from the third quarter; Enters 2020 with solid plan for transition year; reiterates previously provided 2020 guidance.
Esko, a global supplier of integrated hardware and software for the packaging, labels and wide format sectors, has announced the appointment of Stephen Bennett to Vice President and General Manager, Esko North America. Bennett previously worked at Esko until 2017 as Vice President Sales, having then moved on to Fujifilm as Vice President, Packaging Solutions. He now returns to the fold to manage the overall Esko North America business strategy and 225 business professionals operating across the US packaging industry.
Graphic Packaging International announced the launch of a new line of PaperSeal™ trays, offering brands and retailers the opportunity to replace Modified Atmosphere (MAP) and Vacuum Skin Packaging (VSP) plastic trays with a new barrier-lined paperboard alternative. The development of the innovative PaperSeal food tray solution aligns with the Company's Vision 2025, leveraging its industry-leading sustainability profile to expand and improve packaging solutions for customers while reducing the impact on the environment. Paul Tye, business development director, Graphic Packaging Europe said, "The transition to fiber-based packaging is a priority for many of our customers, and it's clear that sustainable paperboard packaging solutions must meet the functionality and performance of existing tray designs."
Many consumer packaging solutions are shifting to paper because it is highly functional and comes from renewable resources. Huhtamaki Compacto vending cups are a new range of paper cups designed and optimized for vending machines. They are made with paper from 100% PEFC certified sustainably managed forests and have been designed with vending machine operators in mind. With the launch of this new range, Huhtamaki invites all vending operators to study and evaluate the benefits of paper vending cups. Compacto Vending cups are recyclable, made with fiber from sustainably managed forests. They offer vending machine operators a fully optimized product specially designed for their machines.
Sealed Air Corporation (NYSE: SEE) has been awarded a position on the prestigious Supplier Engagement Leaderboard by the CDP for its actions and strategies to reduce greenhouse gas emissions and address climate-related issues and risks in its supply chain. Sealed Air, a leading manufacturer of protective packaging, has a history of limiting resource use and reducing greenhouse gas emissions. The CDP provides third-party validation of these efforts and the scores serve as a benchmark for companies to compare environmental efforts against peers. For its 2019 disclosure, Sealed Air received an A- for its overall Climate Change score, marking the sixth year in a row the company has been recognized by CDP.