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Home » Business News
Business News
Thursday 08. May 2008

Offer period for TietoEnator’s shares extended

Cidron Services Oy (Nordic Capital) has today extended the offer period for all the outstanding shares and stock options in TietoEnator to be closed on 16 May 2008.

Thursday 08. May 2008

Danaher Announces Quarterly Dividend

Danaher Corporation (NYSE:DHR) announced today that its Board of Directors has approved a regular quarterly dividend of $0.03 per share payable on July 25, 2008 to holders of record on June 27, 2008.

Thursday 08. May 2008

Cascades reports first quarter results

Cascades Inc. (“Cascades”) (Symbol: CAS-TSX) reports a net loss of $4 million ($0.04 per share) for the quarter ended March 31, 2008. This compares with net earnings of $22 million ($0.22 per share) for the same period in 2007.

Thursday 08. May 2008

Tribune Names Randy Michaels Chief Operating Officer

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.

Thursday 08. May 2008

AbitibiBowater shows significant improvements in Q1 operating results

– 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

Thursday 08. May 2008

Cenveo Announces First Quarter 2008 Results

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

Thursday 08. May 2008

UPM Forest Life wins prestigious international web award

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.

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