Free Pulp & Paper News Email. Subscribe Now!
2
(USA) Nashua Corporation, a manufacturer and marketer of labels, thermal specialty papers and imaging products, today announced financial results for the third quarter ended September 28, 2007. Net sales for the third quarter of 2007 were $67.6 million, compared to $69.5 million for the third...
1
(Canada) Canfor Corporation (TSX: CFP) today reported a net loss of $42.1 million for the third quarter of 2007, or $0.30 per share on a diluted basis. This compares to a net loss of $38.8 million in the second quarter of 2007 and net loss of $51.6 million in the third quarter of 2006. An operat...
1
(USA) Smurfit-Stone Container Corporation's corporate credit rating was raised by Standard & Poor's (S&P) Ratings Services from 'B' to 'B+'. S&P called the company's outlook stable, and raised the senior secured ratings of Smurfit-Stone's subsidiaries from 'BB-' to 'BB' and senior unsec
1
(USA) MeadWestvaco Corporation's Board of Directors has declared a regular quarterly dividend of $0.23 cents per common share. The payment of the dividend will be made on December 3, 2007, to shareholders of record at the close of business on November 11, 2007.
1
(Finland) Moody´s Investors service has upgraded the long-term rating of Metso Corporation to Baa2 from Baa3. The rating outlook is considered stable. Metso is a global engineering and technology corporation with 2006 net sales of approximately EUR 5 billion. It has more than 26,000 employees.
1
(USA) Weyerhaeuser Company reported net earnings of $101 million for the third quarter of 2007, or 47 cents per diluted share, on sales of $4.1 billion. Third quarter 2007 earnings include the following after-tax items: A charge of $17 million, or 8 cents per diluted share, for closures,...
1
(Sweden) Swedish paper company Svenska Cellulosa AB said third-quarter net profit rose 32% as higher prices for most of its products more than offset rising raw material costs. The company, which produces products such as printing and tissue paper, container boards and packaging, said net profit...
1
(Sweden) The improvement in earnings compared with the previous year continues. Profit before tax is 17% higher and all business areas improved their operating profit. At the same time, SCA’s operations maintained the earnings level from the strong second quarter and once again report...
1
(Finland) * Revenue in July-September: EUR 729.5 million (Q3/2006: EUR 652.6 million), up 12%.

* Operating profit: EUR 79.5 million (EUR 75.1 million), up 6%; up 12% when excluding the effect of non-recurring items.

* Earnings per share: EUR 0.4
1
(USA) Nalco Company announced sales grew 9.0 percent nominally in the third quarter to $998.2 million, with organic sales up 5.5 percent. Strong growth in Energy Services and Industrial and Institutional Services (I&IS) more than offset level sales in Paper Services and the Other segment...
1
(USA) I often like buying stocks that are victimized by market overreactions. The negativity from International Paper's impending earnings report is already built into its share price, recently at $36.40. At this point, there is little room for IP to do anything but pleasantly surprise over the...
1
(Chile) Chile's leading wood pulp producer and exporter Copec will distribute a dividend of 60 pesos per share from its 2007 profit. Copec said the dividend would be paid on Dec. 13 to shareholders of record as of Dec. 6. The company has 1,299,853,848 paid and subscribed shares.
1
(Japan) Oji Paper Co. raised its group recurring profit estimate for fiscal 2007 to 47 billion yen from the earlier projected 42 billion yen, thanks to price hikes of its products...
1
(Finland) UPM's earnings per share, excluding special rnitems, for the third quarter were EUR 0.23 (EUR 0.25 for the third quarter of 2006). EBITDA was EUR 366 million, 14.8% of sales (EUR 427 million, 17.1%). Operating profit excluding special items was EUR 195 million (EUR 209 million).
1
(USA/Finland) UPM-Kymmene has decided to terminate listing of its American Depositary Shares (ADS) from the New York Stock Exchange (NYSE) and seek deregistration and termination of its reporting obligations under the Securities Exchange Act of 1934.
1
(Canada) Pope & Talbot announced that, in order to address its financial challenges and to support efforts to be a more efficient organization, the company and its U.S. and Canadian subsidiaries have applied for protection under the Companies' Creditors Arrangement Act (CCAA).
2
(India) West Coast Paper Mills’ on Saturday reported a higher net profit of Rs 22.06 crore for the second quarter ended September 30, compared to a Rs 16.12 crore net in the earlier corresponding period. Growth in profit follows a 6.43% rise in WCPM’s July-September net sales at Rs 149.96 crore...
1
(USA) Temple-Inland Inc reported third quarter 2007 net income of $36 million, or $0.33 per diluted share, compared with third quarter 2006 net income of $95 million, or $0.86 per diluted share, and second quarter 2007 net income of $66 million, or $0.62 per diluted share. Results for third...
1
(India) Tamil Nadu Newsprint and Papers Ltd has reported a 43 per cent jump in net profit for the second quarter ended September 30, 2007. This is TNPL’s best performance in any quarter. The company has announced an interim dividend of Rs 2 (20 per cent) a share of Rs 10 for 2007-08. According to..
1
(USA) Fraser Papers reported financial results for the third quarter and year-to-date period ended September 29, 2007. The Company generated net earnings of $24.8 million or $0.84 per share during the third quarter...
PaperIndex Times is Powered by