23-Year Veteran in Office Equipment Financial Services Business Brings Expertise as Vice President, Konica Minolta Premier Finance
The Seventh Balkan Print Forum being held in Sofia, Bulgaria, October 18-19, 2012 at the Inter Expo Center is being supported by PrintCity Alliance members manroland sheetfed, manroland web systems, Océ, Baumüller, Kurz, Procemex, Sappi and UPM. The event is hosted by the Printing Industry Union of Bulgaria, manroland Bulgaria and the Bulgarian printing company Billboard JSC.
Highlights: Second-quarter 2012 GAAP earnings per diluted share of $0.49 compared to GAAP earnings per diluted share of $0.06 in the second quarter of 2011
The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.26 per share on the company’s common stock.
Michelman has hired Mr. Manoj Deorukhkar as its new India Country Manager, a newly created position at the company. Mr. Deorukhkar will be responsible for oversight of all of the company’s business units within the country – Paper & Corrugated; Flexible Packaging; Chemical Specialties; and Fibers and Composites. His hiring is a key development designed to help Michelman introduce its entire portfolio of technology to this key market.
The directors of The E.W. Scripps Company (NYSE: SSP) have elected Anne La Dow, a great-great-granddaughter of the company’s founder, to serve on the board of directors. She succeeds John Burlingame, whose retirement became effective today.
Second Quarter Highlights — Total digital revenue increased 32.3% versus the prior year. — Total revenues for the second quarter were $128.8 million, down 4.2% from the prior year. — As Adjusted EBITDA decreased 3.6% versus the prior year to $24.3 million. Excluding investments in new strategic growth initiatives, As Adjusted EBITDA was up slightly versus the prior year. — Operating costs and SG&A expense declined $4.5 million from the prior year, or 4.1%, to $106.2 million. Adjusting for one-time items, operating costs and SG&A expense declined 4.7% from the prior year. — Levered Free Cash Flow per share was $0.15 versus $0.17 for the prior year.
