ABB today announced that it has renewed its $2 billion revolving credit facility in line with its strategy to ensure maximum financial flexibility.
– Earnings per share for the quarter were 28 cents and adjusted earnings from continuing operations (1) were 13 cents per share – Cash expenses were down by 29.4% from third quarter 2008 excluding restructuring-related charges – Operating cash flow increased from third quarter 2008 excluding restructuring-related charges
Pepsi Bottling Ventures, LLC (PBV) today announced that it has signed a Letter of Intent to purchase the assets of Pepsi Cola Bottling Company of Conway-Myrtle Beach, Inc., the Pepsi-Cola franchise bottler based in Conway, South Carolina. The terms of the LOI provide for a closing by the end of December 2009.
The board of directors of Weyerhaeuser Company (NYSE: WY) on Oct. 8 declared a dividend of 5 cents per share on the common stock of the corporation payable Nov. 30, 2009, to shareholders of record at the close of business Nov. 6, 2009.
Expansion led by an increase in contract printing; Publisher has confidence in the future of local newspapers
UPM’s CEO Jussi Pesonen highlighted the Finnish forest industry’s competitiveness and future possibilities at Finnish Chamber of Commerce Forum 2009 event held today in Helsinki, Finland.
Morris Publishing Group, LLC announced today that it has consummated a refinancing transaction involving the acquisition and amendment of its existing $136.5 million senior secured indebtedness, after which an affiliate of ACON Investments LLC owns $19.7 million of Tranche A senior debt, a Morris affiliate owns $6.8 million of Tranche B senior debt and Morris affiliates own $110 million of Tranche C senior debt.
