Friday 21. August 2009
Rio Tinto announces underlying earnings of $2.6 billion
Underlying EBITDA1 of $6.1 billion2, 47 per cent below first half 2008
Business News
Friday 21. August 2009
Schawk Names John Petrakis President of Its Retail Marketing Business
Schawk, Inc. (NYSE: SGK), a leading provider of brand point management services enabling companies of all sizes to connect their brands with consumers to create deeper brand affinity, announced today that it has appointed John Petrakis as President of Schawk Retail Marketing, a business unit of the Company that serves many of the world’s top retailers in planning, creating and executing compelling and consistently branded retail marketing experiences in and out of stores across numerous brand touchpoints.
Friday 21. August 2009
Vistaprint Completes Another Phased Expansion at Canadian Manufacturing Facility
Build-Out Utilizes Green Initiatives, Cements Company’s Presence in Windsor, Ontario
Friday 21. August 2009
RR Donnelley Prices $350 Million Debt Offering
R.R. Donnelley & Sons Company (NASDAQ:RRD) (“RR Donnelley” or the “Company”) today announced that it has priced an offering of $350 million aggregate principal amount of 8.60% Notes due 2016. The offering is expected to close on Wednesday, August 26, 2009, subject to customary closing conditions.
Friday 21. August 2009
Baldwin Announces Positive Q4 FY2009 Results
Baldwin Technology Company, Inc. (NYSE Amex: BLD), a global leader in process automation technology for the printing industry, today reported its financial results for the Companys fiscal year and fourth quarter ended June 30, 2009.
Friday 21. August 2009
Graphic Packaging Announces Closing of $180 Million Senior Notes Offering
Graphic Packaging International, Inc. (“Graphic Packaging”), a wholly-owned subsidiary of Graphic Packaging Holding Company (NYSE: GPK), announced today the completion of its previously announced private offering of $180 million aggregate principal amount of its 9.50% senior notes due 2017 (the “Senior Notes”). The Senior Notes are guaranteed by Graphic Packaging Holding Company and Graphic Packaging Corporation, as well as by certain of Graphic Packaging’s domestic subsidiaries who have guaranteed obligations under its senior credit facilities, existing notes and certain other indebtedness (the “Guarantors”).
Friday 21. August 2009
Reader’s Digest Association Announces Nearly 80 Percent of Secured Lenders Agree to Support Debt-for-Equity Restructuring Plan
The Reader’s Digest Association, Inc. (RDA) today announced that nearly 80 percent of its senior secured lenders have signed on to an agreement in principle for a restructuring plan to significantly reduce its debt burden and strengthen the company financially for the future.