FedEx Corp. Reports Third Quarter Earnings
Additional Cost-Reduction Actions Announced
Additional Cost-Reduction Actions Announced
Caraustar Industries, Inc. (Nasdaq: CSAR) today announced that on March 19, 2009 it made the determination to permanently cease production of uncoated recycled boxboard (URB) at its Carolina Paperboard mill in Charlotte, NC.
Sales and earnings declined slightly; Fourth quarter overshadows full year results; Dividend proposal: 10 cent per share
– EPS From Continuing Operations Improves 38 Cents – Gross Margin Increases from 28.1% to 35.6% – Operating Expense Declines 22% – Debt Net of Cash Reduced 49% or $11.2 Million
Companies in the print and paper industries are set to benefit from a new framework for recognising and accrediting qualifications in England, Wales and Northern Ireland.
Keith Porter has been appointed technical supervisor for Goss International’s UK Commercial Service department. Formerly a field engineer, Porter’s new position involves providing technical advice and information to customers, and coordinating office support for field service engineers.
Steven Bussberg Promoted to Senior Vice President of Finance, North American Delivery; Luis Borgen Promoted to Senior Vice President of Finance, U.S. Stores