Cost-Cutting Efforts and Improved Media Results Contribute to Increased Segment Income; Restructuring Charge Results in Net Loss for Quarter
On 2 June 2009 Joost van der Klooster acquired Buhrs Mailing Solutions B.V. from Buhrs Holding BV. Buhrs has manufacturing companies in The Netherlands and Germany. In addition, Buhrs has sales & service companies in Europe, the United States, Japan and China and employs over 268 employees worldwide. Joost van der Klooster started his career with Buhrs in 1996, which was acquired in 1993 by his father Adrian van der Klooster, who expanded the company in the development of the international Buhrs Group.
HP today announced it has signed a five-year workplace services contract with AkzoNobel N.V. that will help reduce costs and increase employee productivity for the Netherlands-based Fortune Global 500 industrial company.
Shutterfly, Inc. (NASDAQ:SFLY), the leading Internet-based social expression and personal publishing service, today announced that it has been ranked 69 on the Internet Retailers 500 list, the listing of Americas largest e-tailers. Shutterflys rank increased from 76 to 69 in 2008 based on total net revenues of $213.5 million. Net revenue was up 14% from 2007, helping Shutterfly climb in rankings.
Multi-Color Corporation (NASDAQ:LABL) announced diluted earnings per share from continuing operations of 32 cents for its first quarter, up 39% from the prior year.
RockTenn today reported that its Board of Directors declared a dividend of $0.10 per share on its Class A Common Stock to shareholders of record at the close of business on August 11, 2009. The dividend, which will be paid on August 24, 2009, represents an annual dividend rate of $0.40 per share.
Gerber Scientific, Inc. (“the Company”) (NYSE:GRB) today announced that it had entered into an agreement to sell its laser marking and engraving business unit, FOBA Technology + Services GmbH (“FOBA”), to ALLTEC Angewandte Laserlicht Technologie GmbH, the laser business unit of Videojet Technologies Inc.
