Hardinge Inc. (NASDAQ-GS: HDNG), a leading international provider of advanced material-cutting solutions today announced actions taken in response to significantly lower order activity to date in the fourth quarter compared to the prior year, reflecting a continued deterioration in global economic conditions.
The Finnish State and Solidium Oy (company id 0866693-1) have on December 11, 2008 informed about an arrangement that has resulted in the Finnish States holdings in Metso Corporation to fall below and Solidium Oys holdings to exceed the thresholds set out in the Finnish Securities Markets Act, section 9 of chapter 2.
Danaher Corporation (NYSE: DHR) commented today on the performance outlook of the company for 2009. President and Chief Executive Officer H. Lawrence Culp, Jr. communicated the company expects 2009 earnings per share to be in the range of $3.70 to $4.10.
Crown Holdings, Inc. (NYSE:CCK) announced that Alan W. Rutherford, 65, has decided to step down as Chief Financial Officer effective today. Timothy J. Donahue, 46, has been promoted to Executive Vice-President and Chief Financial Officer of the Company and will report to John W. Conway, the Company’s Chairman and Chief Executive Officer.
Silver Star Capital Holdings Inc (PINKSHEETS: SSTA) today announced the completion of its acquisition of Green Street Capital Partners (“GSCP”), publisher of Green Street Report.
Caraustar Industries, Inc. (NASDAQ:CSAR) today announced the permanent closure of its Richmond Paperboard mill in Richmond, Virginia, effective December 11, 2008.
The Board of Directors of Kraft Foods Inc. (NYSE:KFT) has declared a regular quarterly dividend of $0.29 per common share of Class A stock.
