The DuPont Kinston plant in North Carolina recently celebrated 55 years of operations as well as a revitalization of its operations with DuPont Sorona, a renewably sourced polymer that now is being produced at the site. About 130 people including employees, retirees, community members and special guests gathered for the celebration.
Contest encourages students to apply entrepreneurial thinking
Following the closure of the far-reaching Investors Agreement with Schaeffler KG, as well as Ms. Maria-Elisabeth Schaeffler and Mr. Georg F.W. Schaeffler, Continental AG is opening a new chapter in its corporate history. Due to this, Continental CEO, Manfred Wennemer (60) has asked the supervisory board to be released from his responsibilities by August 31, 2008.
OfficeMax Incorporated (NYSE:OMX) today announced that executive vice president and chief financial officer Don Civgin resigned his position effective August 29, 2008 to pursue another opportunity outside of OfficeMax.
Amcor announces profit after tax and before significant items of $369.1 million, down 7%. Translation impact from the higher Australian dollar on profit after tax and before significant items was negative $32 million. Profit before interest and tax for the continuing businesses increased 9.4%, in constant currency terms. The final dividend remains steady at 17 cents per share giving a full year dividend of 34 cents per share. Free cash flow of $112.4 million, after the dividend payment. Significant items, primarily relating to planned restructuring, was a loss of $110.3 million, compared to a profit of $136.7 million in the 2006/07 year.
AdStar, Inc. (BULLETIN BOARD: ADST) , the leading provider of e-commerce transaction services and payment processing software for the digital and print advertising and publishing industries, today reported its operating results for the three months ended June 30, 2008.
Schaeffler KG increases offer price to 75 Euro per share and guarantees to compensate possible disadvantages in an aggregate amount of up to 522 Mio Euro Current strategy of Continental will be continued Detailed Investment Agreement regulates future role of Schaeffler as shareholder Schaeffler KG guarantees to limit its position to a minority shareholding until at least 2012
