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Home » Business News
Business News
Monday 19. January 2009

Gannett offers to sell assets of the Tucson Citizen

Gannett Co., Inc. (NYSE: GCI) today said it is offering to sell certain assets of the Tucson (AZ) Citizen. If a sale is not completed by March 21, 2009, Gannett said it will have to close the newspaper.

Monday 19. January 2009

HP Adopts Procedure for Conducting Advisory Stockholder Vote Relating to Executive Compensation

HP today announced that its board of directors has decided to allow HP stockholders to determine whether the company should conduct an annual nonbinding advisory stockholder vote related to executive compensation.

Monday 19. January 2009

Dow Employee Receives Chemical Engineering Magazine Personal Achievement Award

Chemical Engineering magazine recognized Brian Kolthammer, research fellow, Basic Plastics & Chemicals, Hydrocarbons & Energy, and Licensing, with the 2008 Award for Personal Achievement in Chemical Engineering.

Monday 19. January 2009

Vertis Communications Promotes Jeff Pritchett to Vice President, Finance and Treasurer

Vertis Communications, a premier provider of targeted print advertising and direct marketing solutions to America’s leading retail and consumer services companies, announced today that Jeff Pritchett has been promoted to vice president, finance and treasurer.

Monday 19. January 2009

Stora Enso plans temporary lay-offs in its operations in Finland

As Stora Enso announced in a stock exchange release today, it will continue to curtail production in its Finnish operations during the first half of 2009 to adjust to weakened demand of the Group’s products.

Monday 19. January 2009

Stora Enso’s fourth quarter 2008 operating profit clearly negatively impacted by extensive production curtailments, as anticipated in October, and by wood inventory writedowns; significant production curt

Stora Enso’s fourth quarter 2008 operating profit clearly negatively impacted by extensive production curtailments, as anticipated in October, and by wood inventory writedowns; significant production curtailments will continue during first half of 2009; The Group will take an impairment charge of about EUR 670 million in fourth quarter 2008

Monday 19. January 2009

Metso is preparing operational adjustments at its mining and construction technology operations in Finland to reflect the current market situation

Metso will start personnel discussions regarding temporary layoffs and personnel reductions in its mining and construction technology personnel in Tampere and Helsinki, Finland.

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