The McClatchy Company (NYSE:MNI) today named veteran newspaper executive George Le Masurier as president and publisher of The Olympian in Olympia, Wash. He replaces John Winn Miller, who resigned in January.
Polymer Group, Inc. (OTC Bulletin Board: POLGA; POLGB) (“PGI”) reported results of operations for the fourth quarter and fiscal year ended January 3, 2009.
Sandow Media, publisher of high-end consumer magazines NewBeauty, LUXE, InSync and Worth, has acquired Western Interiors & Design, a leading national design and architecture magazine, as a key component of its continued expansion strategy.
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
