Hallmark Cards, Inc. announced today that it will discontinue publishing Hallmark Magazine with the February/March issue now on newsstands. The Hallmarkmagazine.com web site also will close.
American Greetings Corporation (NYSE:AM) today announced it has completed its acquisition of Recycled Paper Greetings, Inc.
Seiko Epson Corporation (“Epson”) today announced the interim results of its internal investigation into the improper accounting practices at consolidated subsidiary companies announced on January 27. The internal investigative committee, headed by President Minoru Usui, has reported on the causes of the incidents and on measures to be taken to avoid a reoccurrence.
Alcoa (NYSE:AA) and Alcoa Foundation have confirmed a continued commitment to corporate citizenship and community sustainability amidst the economic downturn, reporting 2008 community contributions that included record employee volunteerism and philanthropic giving focused on building community resilience.
American Reprographics Company (NYSE: ARP): — Annual Revenue: $701 million — Annual EPS Fully Diluted: $1.30* — Fourth Quarter Revenue: $154 million — Fourth Quarter EPS Fully Diluted: $0.14*
Mohawk Industries, Inc. (NYSE:MHK) today announced 2008 fourth quarter sales of $1,485 million, a decrease of 18% from 2007. Excluding charges, our operating income was $61 million for the quarter as we had anticipated.
— Revenues for the fourth quarter and year 2008 were $745.8 million and $2,194.7 million, respectively, up 43.4% and 31.8% compared with the corresponding periods in 2007
