The New York Times Company’s Board of Directors today voted to suspend the quarterly dividend on the Company’s Class A and Class B common stock. In November 2008, the Company reduced the payout level of its fourth-quarter dividend to $.06 per from $.23 per share in the third quarter of 2008.
Greif, Inc. (NYSE:GEF)(NYSE: GEF.B) today announced the closing of $700 million of senior secured credit facilities co-arranged by Banc of America Securities LLC and J.P. Morgan Securities Inc. The new facilities replace an existing $450 million revolving credit facility that was scheduled to expire in March 2010.
Borders Group today announced that it has reduced its corporate workforce by another 136 positions, which were eliminated effective today.
Fortune 100 Printing Consultant David Zwang’s Session Modified to Address Essential Actions Printers & Vendors Must Take in 2009
Recalibrating Your Business for the New Opportunities in Print”
G+J Netherlands has expanded its portfolio to include another highend women’s magazine. The publisher has acquired a majority share in the magazine JAN from the Telegraaf Tijdschriften Groep, with retroactive effect from January 1st 2009. The acquisition also includes the parenting magazine JANTJE and the JAN-MAGAZINE.nl website.
Brady Corporation’s (NYSE: BRC) Board of Directors has declared a quarterly dividend to shareholders of the company’s Class A Common Stock of $0.17 per share, payable on April 30, 2009, to shareholders of record at the close of business on April 10, 2009.
