In the face of continued global market softness, Portland Aluminium has today announced its joint venture partners have independently elected to curtail smelting production in addition to the previously announced curtailment there, bringing the total smelting reduction to 15 per cent of production by July 2009.
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Offer Price to be Increased From $4.00 to $4.50 in Cash per Share
MeadWestvaco Corporations (NYSE: MWV) Board of Directors today declared a regular quarterly dividend of $0.23 cents per common share.
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The Yellow Pages Association (YPA) today announced that Christopher Cummings, CEO and equity owner of Marquette Group, has been named chairman of YPA’s board of directors. Cummings succeeds outgoing chairman David C. Swanson.
RockTenn (NYSE:RKT) today reported earnings for the quarter ended March 31, 2009 of $0.97 per diluted share. The Companys adjusted earnings were $1.02 per diluted share, excluding specific items related to the March 2008 Southern Container acquisition and other restructuring charges. Adjusted earnings per diluted share increased 55% over the prior year quarter adjusted earnings of $0.66 per diluted share.
