The New York Times Company’s Board of Directors today declared a regular quarterly dividend of $.23 per share on the Company’s Class A and Class B common stock.
Recent developments in the Iggesunds economic and business environment driven by changing consumption trends, exchange rates has led to a reorganisation in order to rise to the challenges in the marketplace. The Sales & Marketing management structure has been changed in order to raise its profile within the organisation.
Company named to the Leaders Category of the 2008 Global Outsourcing 100 List by IAOP
Blue Harbour Group, which owns about 4.6 million shares of Choicepoint Inc. (NYSE:CPS), or approximately 6.5% of the Company, today issued the following statement from its Chief Executive Officer, Clifton S. Robbins, commenting on Choicepoint’s agreement to be acquired by Reed Elsevier for $50.00 per share in cash:
Rock-Tenn Company (NYSE:RKT) announced today that, in connection with its proposed acquisition of Southern Container Corp., it intends to offer, pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, an unregistered offering of $200,000,000 aggregate principal amount of Senior Notes due 2016.
Meredith Corporation (NYSE:MDP), one of America’s leading media and marketing companies, announced today that Vice President and Chief Financial Officer Suku Radia will become President of Bankers Trust Company in Des Moines, effective March 13, 2008.
Full Year Diluted Earnings Per Share of $2.68; Sales up 24% to $2.1 Billion; Net Earnings up 29% to $250 Million; Operating Cash Flow Increases 31% to $344 Million
