Tuesday 04. November 2008
Oracle Buys Intellectual Property Assets of Tacit Software
Enhances Oracle Beehive with Expertise Location Capabilities
Business News
Tuesday 04. November 2008
Sun Media names Patrick Lauzon Executive Vice-President, Online, New Business
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.
Tuesday 04. November 2008
Dresser-Rand Names Ray Carney Vice President, Controller and Chief Accounting Officer
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.
Tuesday 04. November 2008
Chesapeake Corporation Reaches Agreement With Lenders on Forbearance
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.
Tuesday 04. November 2008
Greeting Card Company Releases “Financial Crisis Christmas Cards”
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.
Tuesday 04. November 2008
RockTenn Reports Record Earnings for the Fourth Quarter of Fiscal 2008 of $0.74 Per Share and Record Adjusted Earnings Per Share of $0.90, up 58% over Prior Year Quarter
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.
Tuesday 04. November 2008
EU Clearance for Sappi’s Acquisition of M-real’s Graphic Papers Business
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.