Thursday 29. January 2009
Xerox appoints Mark Duffelen as Director & General Manager, Office, Xerox UK
Duffelen retains responsibility for Xerox Scotland
Business News
Thursday 29. January 2009
Morris Publishing Announces Hiring of Lazard Freres & Co. LLC as Financial Advisor and Neal, Gerber & Eisenberg, LLP as Legal Counsel
Morris Publishing Group, LLC announced today that it hired Lazard Freres & Co. LLC as its financial advisor and Neal, Gerber & Eisenberg, LLP as legal counsel.
Thursday 29. January 2009
Konica Minolta: Revision of Full-Year Operating Performance Forecast for the Fiscal Year Ending March 31, 2009
Considering the current operating performance, Konica Minolta Holdings, Inc. today announced revision of full-year operating performance forecast for the fiscal year ending March 31, 2009 from the previous forecast as announced on October 30, 2008.
Thursday 29. January 2009
Suzanne Mozal Joins GSSI as Account Executive
Global Sourcing Solutions, Inc. (GSSI), a leading international sales, sourcing and logistics company, with a focus on printing, packaging and premium promotional products, today announced that Suzanne M. Mozal has joined the company as account executive. Mozal will work directly with John Nicely, Director of Sales and Marketing.
Thursday 29. January 2009
International Paper Reports Fourth-Quarter and 2008 Earnings
International Paper (NYSE: IP) preliminary full-year 2008 net earnings totaled $57 million ($0.13 per share) compared with $1.2 billion ($2.70 per share) in 2007. In the fourth quarter of 2008, the company reported a net loss of $452 million ($1.07 per share) compared with earnings of $327 million ($0.78 per share) in the fourth quarter of 2007. Amounts in all periods include special items, including a $438 million ($1.04 per share) goodwill impairment charge in the 2008 periods.
Thursday 29. January 2009
Media General Announces Sale of WCWJ in Jacksonville, Fla., to Nexstar Broadcasting
Media General, Inc. (NYSE:MEG) announced today that it has signed a definitive agreement with Nexstar Broadcasting Group, Inc., under which Nexstar will purchase the assets of Media General’s CW television station WCWJ in Jacksonville, Fla.
Thursday 29. January 2009
Kodak Reports Preliminary Fourth Quarter 2008 Results; Company Taking Action to Address Impact of Global Recession
Fourth-Quarter Sales Decline to $2.433 Billion; Company Holds or Grows Market Share in Key Businesses; Company Achieves $516 Million in Net Cash Provided by Operating Activities from Continuing Operations in the Fourth Quarter, with Cash Generation Before Dividends of $472 Million; Ends Year With Cash Balance of More Than $2.1 Billion; Fourth-Quarter Preliminary Loss from Continuing Operations of $133 Million; Full-Year Preliminary Earnings from Continuing Operations of $54 Million; 2008 Results to be Finalized Pending Impairment Assessments; Kodak Acting Decisively to Align Cost Structure to Global Economic Realities; Actions Include Executive Compensation, Significant Expense and Job Reductions