Sappi Limited (NYSE: SPP), announced today that Alex Thiel (49) has been appointed as the Chief Executive Officer of Sappi Southern Africa with effect from 01 December 2010.
Vital Products, Inc. (OTC Bulletin Board: VTPI), a multichannel innovator in the industrial packaging sector, announced today the appointment of Ken Couvillion for South Western USA.
The board of directors of Rockwell Automation, Inc. (NYSE: ROK) today declared a quarterly dividend of 35 cents per share on common stock, payable on Dec. 10, 2010 to shareowners of record at the close of business on Nov. 15, 2010.
The Board of Directors of Pitney Bowes Inc. (NYSE: PBI) declared a quarterly cash dividend on the companys common stock of 36.5 cents per share, payable December 12, 2010, to stockholders of record on November 19, 2010; a quarterly cash dividend of 53 cents per share on the companys $2.12 convertible preference stock, payable January 1, 2011, to stockholders of record December 15, 2010, and a quarterly cash dividend of 50 cents per share on the companys 4 percent convertible cumulative preferred stock, payable February 1, 2011, to stockholders of record January 14, 2011.
Metso’s four biggest registered shareholders on November 1, 2010 i.e Solidium Oy, Cevian Capital II Master Fund L.P., Varma Mutual Pension Insurance Company and Ilmarinen Mutual Pension Insurance Company have named the following persons as their representatives for Metso’s Nomination Board:
Pursuant to its previously announced tender offer, Momentive Specialty Chemicals Inc. (the “Company”) received tenders from the holders of $355,241,000 aggregate principal amount of their 9.75% Senior Notes due 2014 (the “Notes”) by the expiration of the early tender payment deadline, November 4, 2010 at 5:00 p.m., New York City time (the “Early Tender Date”).
Clearwater Paper Corporation (NYSE:CLW) (“Clearwater Paper”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of Cellu Tissue Holdings, Inc.’s (“Cellu Tissue”) outstanding 11½% Senior Secured Notes due 2014 (the “Cellu Notes”), of which $234,484,000 aggregate principal amount are outstanding.
