Wilen Media Makes Two Executive Appointments
Names Rich Meschi Account Director and Sam Prasad, Ph.D. Director of Technology
Names Rich Meschi Account Director and Sam Prasad, Ph.D. Director of Technology
Smurfit- Stone today announced that the U.S. Bankruptcy Court in Wilmington, Delaware has granted the relief the Company requested in its “First Day Motions” filed in conjunction with its voluntary filing for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
The company expects that global macroeconomic conditions for first quarter 2009 will be similar to fourth quarter 2008, with very weak demand in most of the companys key markets, excluding agriculture.
Suspends dividends for foreseeable future
As anticipated, declines in construction, motor vehicle sales and consumer spending, magnified by inventory destocking across most supply chains during the fourth quarter, caused a steep decline in global industrial production.
With the approval of the supervisory board, on 6 February 2009 Albrecht Bolza-Schünemann (56), president and CEO of German press manufacturer Koenig & Bauer AG (KBA), will hand his financial remit to Helge Hansen (61), a respected banker and business
DuPont reported a fourth quarter 2008 loss of USD .70 per share. Excluding a USD .42 per share charge from a previously announced restructuring program, the fourth quarter loss was USD .28 per share, in line with guidance.