Sonoco Combines Its Trident and Keating Businesses into a Single Operating Unit
Newly Formed Organization Will Operate under the Trident Brand
Newly Formed Organization Will Operate under the Trident Brand
$0.34 Earnings Per Share in the Quarter; $0.38 Adjusted Earnings Per Share, 36% Increase From Prior Year; 9% Sequential Sales Growth in Protective Packaging
Third quarter reported earnings per diluted common share totaled 50 cents, or 51 cents excluding the impact of restructuring costs and mark-to-market accounting impact. Key performance drivers include North American operating profits in-line with expectations and continued strong European volume and profit growth. CCE raises its comparable full-year 2009 EPS expectations to a range of $1.54 to $1.57.
The Board of Executive Directors of BASF SE has announced the following changes in the companys leadership team:
Oce Production Printing Systems executive joins elite group of industry leaders
Sequential Revenue Growth Reported In All Three Divisions; Inkjet Revenues Increased 22% Over Prior Quarter
Electronics For Imaging, Inc. (Nasdaq: EFII), a world leader in customer-focused digital printing innovation, today announced that its Board of Directors (the “Board”) has approved the repurchase of up to $70 million worth of shares of its common stock through the use of a “modified Dutch auction” tender offer. This approval utilizes the balance of the previously authorized $100 million share repurchase program. EFI currently expects that it will commence the tender offer during the fourth quarter of 2009, at which time it will announce, among other things, the price range in which it will offer to purchase shares.