Tribune Company today announced that Randy Michaels has been named chief operating officer, responsible for all aspects of the company’s publishing, broadcasting and interactive divisions. The appointment is effective immediately.
– On Track to Achieve Synergy Goal of $375 Million; Realizes Annual Synergy Run Rate of Over $180 Million at End of Q1 – Increases Asset Sales Target to $750 Million in 2009; Achieves Asset Sales of Approximately $220 Million to Date – Examines Newsprint Capacity Conversions to Coated and Other Value-Added Papers – Phase 2 Review of Operations Continues
1st Quarter Revenue growth of 29% Cash Flow from Operations of $54.4 million during the quarter 1st Quarter EPS of $(0.06) per share 1st Quarter Non-GAAP EPS of $0.15 per diluted share 1st Quarter Adjusted EBITDA of $54.1 million, up 18% from prior year Reaffirms full year adjusted EBITDA and Free Cash Flow forecast
UPM’s interactive, online experience, www.upmforestlife.com, has won the Webby Award in the Corporate Communications category. Known as the “Web Oscar”, the Webby Award is the leading international award honoring excellence on the Internet.
Chesapeake Corporation (NYSE:CSK) today reported financial results for the first quarter of 2008.
Neenah Paper, Inc. (NYSE:NP) today reported income from continuing operations for the first quarter 2008 of $8.5 million, or $0.57 per diluted common share, compared with income from continuing operations of $10.1 million, or $0.67 per diluted common share for the first quarter of 2007.
– Soft Advertising Sales In-Line with Full Year Guidance – Launches Refinancing
