As of 1 December 2008, UPM has been applying its new business structure. The company consists of three Business Groups, which are Energy and pulp, Paper, and Engineered materials.
Convera Corporation (NASDAQ:CNVR) – www.convera.com – a leading provider of vertical search services for publishers, today announced financial results for the three-month period ended October 31, 2008.
Eastman Kodak Company (NYSE:EK) announced today that its Board of Directors has elected Terry R. Taber as a Vice President of the company. The Board also elected Susan Wylie as Assistant Secretary, reporting to Laurence L. Hickey, Corporate Secretary and Chief Governance Officer. Both elections are effective immediately.
UPM estimates that its deliveries will decrease more than anticipated in the coming few months.
Net sales increased 14 percent (10 percent excluding the impact of foreign currency translation) to a record $3,777 million in fiscal 2008 from $3,322 million in fiscal 2007.
Oaktree Capital Management to Become Majority Owner; Company Expects to Emerge From Chapter 11 Very Shortly
Dividend of $0.13 per share payable in March.
