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Home » Business News
Business News
Wednesday 25. March 2009

AXA Group has decreased its shareholding in Stora Enso

Stora Enso Oyj was informed today 25 March 2009 that the number of shares in the Company held by AXA S.A. and its subsidiaries (AXA Group) (trade register no. 572 093 920 RCS Paris) has decreased below 5% of the of the paid-up share capital and the number of shares in Stora Enso Oyj on 19 March 2009.

Wednesday 25. March 2009

CPI Card Group Welcomes Tim McKearney

CPI Card Group, a world leader in card manufacturing and related solutions, announces the newest member of its sales team, Tim McKearney. Tim joins CPI as the Southwest Regional Sales Manager, Commercial Cards and Services.

Tuesday 24. March 2009

HP Resolves Ink Cartridge Patent Infringement with Ninestar

HP today announced that it has resolved patent violation issues with China-based Ninestar Image Co., Ltd. relating to HP 02 and HP 14 inkjet cartridges.(1)

Tuesday 24. March 2009

International Paper Provides Update on Alternative Fuel Credits

International Paper Company (NYSE: IP) announced today that it is updating information related to alternative fuel credits previously disclosed in the company’s 2008 Form 10-K. The U.S. Internal Revenue Code allows an excise tax credit for alternative fuel mixtures produced by a taxpayer for sale, or for use as a fuel in a taxpayer’s trade or business.

Tuesday 24. March 2009

ABITIBIBOWATER ANNOUNCES EXTENSION OF EXPIRATION DATE FOR PRIVATE DEBT EXCHANGE OFFERS, CONSENT SOLICITATION AND CONCURRENT PRIVATE NOTES OFFERING

AbitibiBowater Inc. (“AbitibiBowater”) announced today that Bowater Finance II LLC, an indirect wholly owned subsidiary of AbitibiBowater, has extended the expiration date for its previously announced private exchange offers (the “Exchange Offers”), consent solicitation (the “Consent Solicitation”) and concurrent private notes offering (the “Concurrent Notes Offering”) until 11:59 p.m., New York City time, on March 25, 2009, unless further extended.

Tuesday 24. March 2009

Media General Announces New Market-Focused Business Structure

Media General (NYSE: MEG) announced today that effective July 1, 2009, the company will alter its organizational structure, shifting from its current three division structure (Publishing, Broadcast and Interactive Media) to five geographic markets.

Tuesday 24. March 2009

ABITIBIBOWATER CONFIRMS TSX DELISTING REVIEW

AbitibiBowater confirmed today that its common shares (TSX: ABH) and the exchangeable shares of AbitibiBowater Canada Inc. (TSX: AXB) are under delisting review by the Toronto Stock Exchange (the “TSX”).

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