TransMedia Founder Sees Obama Tide Moving Swiftly Toward Normalizing Relations, Although Firm Recently Stirred Negative Press Against Close Castro Ally, Hugo Chavez
Multi-channel Global Licensing Strategy Planned to Expand 72-year-old Brand
Domtar Corporation (NYSE/TSX: UFS) today announced important changes to the composition and structure of its Management Committee. All members of the Management Committee will report directly to the President and Chief Executive Officer. The new management structure is effective immediately.
Media General, Inc. (NYSE:MEG) today reported a net loss for the first quarter of 2009 of $21.3 million, or 96 cents per share, including severance expense of $4.5 million, or 20 cents per share. This compares to a net loss in 2008 of $20.3 million, or 92 cents per share, which included a loss of $10.4 million, or 47 cents per share, from discontinued operations.
Six-Month EBITDA $2.675 Million
Company to negotiate terms with bank
AbitibiBowater Inc. (“AbitibiBowater” or the “Company”) today announced that further to its press release issued on April 16, 2009, the U.S. Bankruptcy Court for the District of Delaware has granted the relief the Company requested in its “First Day Motions” filed in conjunction with its voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code.
