Tuesday 17. March 2009
Cenveo Announces Full Year 2008 Results
Strong operational performance highlighted by record financial results across a number of metrics
Business News
Tuesday 17. March 2009
Alcoa Takes Decisive Action: Cost Structure Improved and Liquidity Reinforced
$2 Billion in Procurement Efficiencies by 2010; $400 Million in Overhead Rationalization by 2010; Capital Expenditures Reduced to $850 Million Sustaining Rate in 2010; $800 Million of Working Capital Cash Improvement in 2009 Quarterly Dividend Reduced from $.17 to $.03, Saving More Than $400 Million Annually; Public Offering of Approximately $1.1 Billion of Common Stock and Convertible Notes
Tuesday 17. March 2009
Slump in demand leads to sharp fall in sales for the Gallus Group amounting to CHF 237 million (previous year: CHF 289 million).
Fall in demand in the label business
Tuesday 17. March 2009
Amdocs Announces Completion of Cash Offer in Connection with Holders’ Put Rights for 0.50% Convertible Senior Notes due 2024
Amdocs Limited (NYSE:DOX), a market leader in customer experience systems innovation, today announced it has completed the cash offer for its 0.50% Convertible Senior Notes due 2024.
Tuesday 17. March 2009
U.S. Ad Spending Fell 2.6% in 2008, Nielsen Reports
The Nielsen Company reported today that U.S. advertising for the full year 2008 was down 2.6% compared to the full year 2007. According to preliminary figures from Nielsen, U.S. ad expenditures declined almost $3.7 billion to a total spend of $136.8 billion in 2008.
Tuesday 17. March 2009
HEARST CORPORATION NAMES GEORGE KLIAVKOFF EXECUTIVE VICE PRESIDENT & DEPUTY GROUP HEAD, HEARST ENTERTAINMENT & SYNDICATION
Hearst Corporation announced today that George Kliavkoff, 41, has been named executive vice president and deputy group head of Hearst Entertainment & Syndication. The announcement was made jointly by Frank A. Bennack, Jr., vice chairman and chief executive officer, Hearst Corporation, and Scott Sassa, president of Hearst Entertainment & Syndication.
Tuesday 17. March 2009
Continental Strongly Refutes Allegations
Company respects the law and collective bargaining agreements and keeps its promises