DOMTAR CORPORATION REPORTS PRELIMINARY FOURTH QUARTER AND FISCAL YEAR 2010 FINANCIAL RESULTS
Record profitability and cash flow for fiscal 2010
Record profitability and cash flow for fiscal 2010
On the morning of 2 February, fire caused damage to part of the thermo-mechanical pulp plant which supplies the paper machines with fibre at Norske Skog Saugbrugs mill. Although the fire was quickly brought under control, it caused significant damage to the electrical cabling. No employee was injured as a result of the incident.
Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited fourth quarter and full-year 2010 results. All non-GAAP financial measures are reconciled to GAAP in the attached tables.
The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has increased its quarterly dividend and approved a new authorization for additional share repurchases, the company announced today.
On Jan. 28, DuPont announced the waiting period under the U.S. Hart-Scott Rodino (HSR) Antitrust Improvements Act of 1976 has expired in connection with the DuPont Denmark Holding ApS tender offer to acquire all of the outstanding shares of Danisco at a price of DKK 665 in cash per share. DuPont Denmark Holding ApS is a wholly-owned and fully-controlled subsidiary of DuPont.
Momentive Specialty Chemicals Inc., announced today that effective immediately, or as contracts allow, it will increase the price of phenolic resins and phenolic moulding compounds in Europe.
Norske Skog reached gross operating earnings of NOK 479 million in the fourth quarter, an improvement of NOK 74 million from the third quarter, when non-recurring items are excluded.