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Home » Business News
Business News
Saturday 04. July 2009

McClatchy Announces Buyer’s Exercise of Option to Extend Closing Date Of Sale of Miami Land

The McClatchy Company (NYSE: MNI) announced today that Citisquare Group, LLC, the buyer of the 10 acres of land adjacent to The Miami Herald, has exercised its option to extend the date for closing from June 30, 2009, to a date on or before December 31, 2009, pursuant to the terms of the existing purchase agreement.

Saturday 04. July 2009

HUHTAMAKI SELLS EXPANDED POLYSTYRENE PACKAGING BUSINESS IN AUSTRALIA

Huhtamäki Oyj sells its EPS (Expanded Polystyrene) packaging business located in Albury, Australia to the Australian packaging company Pact Group Pty Ltd. The annual net sales of the unit is some EUR 7 million and it currently employs some 40 people. The agreed value for the transaction is EUR 5 million. The sold unit serves the local fresh foods packaging market.

Saturday 04. July 2009

New partnerships driving channel growth for Xerox

Xerox partners with Aspen Solutions and Portrayal to increase reach of office products and services

Saturday 04. July 2009

Punch Graphix nv – Changes to the management

Punch Graphix nv (‘Punch Graphix’) has announced that Wim Deblauwe is stepping down as CEO and statutory director with immediate effect.

Saturday 04. July 2009

Schibsted ASA (SCH) – Mandatory Notification of Trade

Trond Berger, EVP and CFO in Schibsted ASA, on June 30 2009 subscribed to 6,000 shares at NOK 34.00 in Schibsted’s ongoing rights issue.

Saturday 04. July 2009

PaperCo calls for wider creativity in 2009 student competition

The annual Brief Encounters course-work project competition, staged by PaperCo to give graphic design students hands-on experience of meeting commercial client demands, has been devised this year to tax their wider communication skills.

Saturday 04. July 2009

ALCOA NAMES KEVIN KRAMER TO NEW POSITION AS PRESIDENT, GROWTH INITIATIVES

Alcoa (NYSE:AA) announced today that Kevin B. Kramer, 49, has been named to the newly created position of President, Growth Initiatives. In this role, he is responsible for supporting commercialization strategies for organic growth across Alcoa, including the commercialization of research and development initiatives, and identifying and developing new applications that respond to market trends and customers’ needs.

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