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Home » Business News
Business News
Monday 01. June 2009

Stora Enso will continue production curtailment and lay-offs at Sunila Pulp Mill in July

Sunila Oy has been loss-making since the beginning of the year because pulp prices have remained low and it has not been possible to reduce wood costs sufficiently.

Monday 01. June 2009

Environmental curriculum challenge launched with Minister Wong and Dame Murdoch support

Fuji Xerox enables school adoption of sustainability education

Monday 01. June 2009

PaperlinX Limited (“PaperlinX”) has today completed the sale of its Australian manufacturing business, Australian Paper to Nippon Paper Group, Inc (“Nippon Paper”).

Key points of today’s announcement are: • $600 million initial purchase price received today • $500 million initial debt reduction • Lenders grant permanent waivers for previous covenant breaches • Essential principles for future funding finalised • 2009 earnings outlook

Monday 01. June 2009

Lingo Media Reports First Quarter Results

Lingo Media Corporation (TSX VENTURE:LM)(OTCBB:LMDCF) (“Lingo Media” or the “Company”), a leader in online and print-based English language learning solutions, and Speak2Me Inc. (“Speak2Me”) its wholly owned subsidiary, a state-of-the-art online English language learning service, announces its financial results for the three months ended March 31, 2009. All figures are reported in Canadian dollars, and are in accordance with Canadian GAAP unless otherwise noted.

Monday 01. June 2009

FUJIFILM Sericol Australia to integrate with FUJIFILM Australia

FUJIFILM Sericol Australia is set to integrate with FUJIFILM Australia from 4 May 2009, operating as a new business unit within FUJIFILM Australia’s head office at Brookvale in Sydney’s northern suburbs.

Monday 01. June 2009

Constar International Inc. Completed Its Financial Restructuring and Emerged From Chapter 11

Constar emerged with strengthened balance sheet and new funding; Constar now owned by pre-Chapter 11 subordinated note holders; Customer, supplier and employee support contributed to successful reorganization

Monday 01. June 2009

Cox Enterprises, Inc. Completes Acquisition of Cox Radio, Inc.

Cox Enterprises, Inc. announced today that its wholly-owned subsidiary, Cox Media Group, Inc., has completed its acquisition of Cox Radio pursuant to a short-form merger in which Cox Radio became an indirect, wholly-owned subsidiary of Cox Enterprises following the successful completion of its tender offer, which expired on Tuesday, May 19, 2009.

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