Friday 30. October 2009
Printronix Welcomes New Chief Financial Officer to Executive Team
Rhonda Longmore-Grund Will Play Important Role in Evolution of Company Growth
Business News
Friday 30. October 2009
Metsos Interim Review, January 1-September 30, 2009: Despite the demanding operating environment, our Q3 profitability was good
New orders worth EUR 1,031 million were received in July-September i.e. 54 percent less than in the previous year (EUR 2,246 million in Q3/08).
Friday 30. October 2009
New, long-term incentive plan for Metsos key management
The Board of Directors of Metso Corporation approved today a new, share-based incentive plan for the Metso Group management (Metso Share Ownership Plan 2010-2012). The Plan is continuation of the 2008 approved program targeting to align the goals of the company’s shareholders and key executives in the Group in order to enhance the value of the company. It also aims to ensure the commitment of key management and to offer them a competitive, ownership-based reward scheme.
Friday 30. October 2009
Krones publishes its nine-month report for 2009
Business is being hit by the worldwide financial crisis. In the years first nine months, sales fell by 22.8 % to 1,364.0 million euros, while pretax earnings were at minus 26.9 million euros. Krones is targeting a break-even result in the years final quarter.
Friday 30. October 2009
Cost take-out holds EBIT margin on target, strong cash flow of more than $1 bn
$1 bn net income incl. $380-million gain from previously-announced provision adjustments
Friday 30. October 2009
The New York Times Company Names Christopher M. Mayer Publisher of the Boston Globe and Head of the New England Media Group; Mr. Mayer Will Succeed P. Steven Ainsley, Who is Retiring
The New York Times Company announced today that Christopher M. Mayer, senior vice president for circulation and operations at The Boston Globe, has been named publisher of that paper and head of the New England Media Group. He succeeds P. Steven Ainsley, who is retiring at the end of the year. Mr. Mayers appointment is effective January 1, 2010.
Friday 30. October 2009
Intended Closure of Sappi Usutu Pulp Mill and Restructuring of Forestry Business in Swaziland in Response to Market Conditions and Forest Fire Damage
In response to adverse market conditions, as well as the cumulative severe impact of fire damage over the past few years, in particular the fires of August 2008 which destroyed 40% of the Usutu timber crop, it has become apparent that the Sappi Usutu Pulp Mill is no longer sustainable.