Weyerhaeuser Company (NYSE: WY) today reported a net loss of $106 million for the second quarter, or $0.50 per share, on net sales from continuing operations of $1.4 billion.
Second Quarter Revenue of $1.766 Billion; Companys Consumer Inkjet Sales Growth Continues to Significantly Outpace the Market; Customer Orders Begin for KODAK PROSPER Platform, Based on Stream Inkjet Technology; Kodak Ends Second Quarter with Cash Balance of More Than $1.1 Billion; Cash Usage in Line with Companys Seasonal Pattern; Continued Cost Discipline and Focused Innovation Drive Combined Reduction in SG&A and R&D Expenses of $165 Million for the Quarter
Lee Enterprises, Incorporated (NYSE:LEE), reduced cash operating expenses, excluding unusual items(1), 22.0 percent in its third fiscal quarter ended June 28, 2009, as operating revenue declined 20.5 percent. Excluding non-cash impairment charges and other unusual items, diluted earnings per common share were 12 cents, compared with 30 cents a year ago. Free cash flow(2) totaled $22.1 million, compared with $34.2 million in 2008.
Dividend Action Taken to Focus on Reducing Debt and Managing Cost of Credit in Light of Continued Economic Uncertainty
Raises Full-year 2009 Adjusted EBITDA* Guidance by $30 Million
Submission Deadline extended to August 5, 2009
Marketing, Purchasing and Production Professionals Will Learn Effective Print Project Management
