The President and CEO of Sun Media, Michael Sifton, announced today the appointment of Patrick Lauzon to the new position of Executive Vice-President, Online and New Business Initiatives.
Dresser-Rand Group Inc. (“Dresser-Rand”) (NYSE:DRC), today announced that Ray Carney has been elected Vice President, Controller and Chief Accounting Officer to succeed Lonnie Arnett, who is retiring.
Chesapeake Corporation (Other OTC: CSKE) today announced that it has signed a forbearance agreement with the required lenders under its $250-million Senior Secured Credit Facility.
t’s no secret that we live in depressing financial times, but one greeting card company is hoping that consumers still have their funny bones intact. Greeting card publisher Order of St. Nick has released its first set of “financial crisis Christmas cards” for the 2008 holiday season.
RockTenn (NYSE:RKT) today reported earnings for the quarter ended September 30, 2008 of $0.74 per diluted share. The Company’s adjusted earnings were $0.90 per diluted share, excluding specific items related to the Southern Container acquisition and other restructuring charges. Adjusted earnings per diluted share increased 58% over the prior year quarter adjusted earnings of $0.57 per diluted share.
On 29 September 2008, Sappi (NYSE:SPP), the world’s leading producer of coated fine paper, announced the proposed acquisition of M-real’s Graphic Paper business for EUR750 million.
INCLUDES GAINS ON SALES OF OPERATIONS. HOUSING MARKET REMAINS CHALLENGED
