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Home » Business News
Business News
Tuesday 21. December 2010

Ennis, Inc. Reports Results for the Three and Nine Months Ended November 30, 2010

Ennis, Inc. (the “Company”), (NYSE: EBF), today reported financial results for the three and nine months ended November 30, 2010.

Tuesday 21. December 2010

American Media Announces Plan of Reorganization is Confirmed – Expects to Emerge By Year-End

American Media, Inc. (“AMI” or the “Company”) announced today that the U.S. Bankruptcy Court for the Southern District of New York has confirmed its Plan of Reorganization, clearing the way for AMI to emerge from its voluntary pre-packaged Chapter 11 reorganization by the end of 2010. The confirmed Plan of Reorganization will strengthen AMI’s capital structure, significantly de-lever its balance sheet and improve its already strong cash flow and cash on hand.

Tuesday 21. December 2010

Kraton Names G. Scott Lee Vice President of Operations

Kraton Performance Polymers, Inc. (NYSE: KRA), a leading global producer of styrenic block copolymers, today announced the promotion of G. Scott Lee to the position of Vice President of Operations.

Tuesday 21. December 2010

DNP Acquires License to use Carbon Footprint Mark in Commercial Printing Area

Dai Nippon Printing Co., Ltd. (DNP) is pleased to be able to announce that it has become the first domestic Japanese company to acquire the right to use the Carbon Footprint Mark in promotional and commercial printing targeting media, such as posters and pamphlets.

Tuesday 21. December 2010

UPM AGREES ON NEW FINANCING ARRANGEMENTS

UPM has prepaid all of the Uruguay Fray Bentos pulp mill investment project loans of USD 372 million. The security arrangements relating to the project loans will be released. The prepayment reduces financing costs and simplifies the Group’s financing structure.

Tuesday 21. December 2010

Schibsted ASA (SCH) – Loan agreement

Schibsted has entered an agreement to borrow in total EUR 50 million from Eksportfinans (Norwegian export credit institution for Export Financing) as of 31 January 2011 at favorable terms.

Tuesday 21. December 2010

Vertis Holdings Completes Recapitalization; Well Positioned for Long-Term Growth

Closes $600 Million in Financing from Morgan Stanley Senior Funding and GE Capital, Restructuring Finance

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