– Maintains High Quarterly Customer Retention Rate in U.S. Contract – Continues Double-Digit Sales Growth for OfficeMax.com – Continues to Optimize the Retail Store Base
Bendon, Inc. today announced the acquisition of Dalmatian Press, LLC (“Dalmatian”) from its parent company Anderson Press Incorporated. The acquisition of Dalmatian by Bendon, which is owned by the Wicks Group and management, creates one of the largest producers of children’s educational coloring and activity products in the United States. The terms of the acquisition were not disclosed.
First Quarter Highlights: – Same store sales increased 1% year-over-year, following a .5% increase in the March 2013 quarter – Adjusted Operating Income increased 211% to $8.7 million, or 3.7% of sales – Adjusted Diluted Earnings Per Share increased 444% to $.49 per share
R. R. Donnelley & Sons Company (Nasdaq:RRD) announced today that it has further expanded its International Logistics Services offering with the opening of a facility in Itasca, Illinois. This new location is strategically located near Chicago O’Hare International Airport and extends the company’s physical presence, complementing its logistics facilities on the East and West Coasts.
GGP Media has received environmental certification from the French printing association P2i. This important certificate for the French business will enable the arvato subsidiary to acquire additional major customers in France and further increase its export ratio.
Eastman Kodak Company today reported a $157 million loss from continuing operations before provision for income taxes in the second quarter, a 49% improvement from the $306 million loss reported in the prior-year quarter. The loss from continuing operations in the quarter was $208 million, compared to $297 million in the prior-year quarter. The current quarter loss includes $101 million in restructuring and reorganization costs and a $51 million provision for income taxes, attributable in part to the establishment of a deferred tax asset valuation allowance outside the U.S.
Qvest Media, part of the German Wellen+Noethen Group, is further expanding its international business. The establishment of Qvest Media Singapore will give the company a strong position in the Southeast Asian market. With this expansion into a new market Qvest Media can expect strong growth in its business units Consulting & Development, Systems Integration and Technology Support Services with which the company specifically addresses the broadcast, media and telecommunications sectors.
