As part of its strategy to become a consistent earnings growth company, The Dow Chemical Company announced the sale of the primary assets from Dows Thermoplastic Polyurethane (TPU) business to The Lubrizol Corporation. Financial terms of the sale were not disclosed.
Loss From Continuing Operations of $929 million, or $1.16 per share, Including $708 Million, or $0.88 per share, of Restructuring, Impairment and Special Charges; Cash From Operations in 4th Quarter $608 Million; Historic 56% Price Decline in Last Five Months and Sharp Drop in Orders Impact Quarter; Workforce Reduced by 15,000; Salary and Hiring Freeze Extensive Restructuring, Production Cuts, Divestitures to Address Downturn Impact Results; Company Liquidity Remains Solid
The completed renovation project of the Innovation Center at the DuPont Experimental Station in Wilmington, Del., in mid-2008, included the installation of a solar energy system which was funded in part by the State of Delawares Green Energy Program.
3 Sigma Corporation, a leading supplier of pressure-sensitive and other materials to the label industry, has reported strong sales and profit growth in 2008.
Staples, Inc. (Nasdaq: SPLS) announced today that it has priced a previously announced public offering of $1.5 billion of its senior notes, at 9.75 percent coupon, due 2014. The offering is expected to close on January 15, 2009, subject to customary closing conditions.
Staples, Inc. (Nasdaq: SPLS) announced today the proposed public offering of its senior notes. The public offering will be made pursuant to an effective shelf registration statement on file with the U.S. Securities and Exchange Commission.
The Board of Mecom Group plc (“Mecom” or the “Group”) announces that it has entered into an agreement to dispose all of its German operations (the “Business” or “Mecom Germany”) to M. DuMont Schauberg f or a cash consideration of 152.0 million (approximately £135 million). The disposal is expected to complete in the first quarter of 2009.
