Free Pulp & Paper News Email. Subscribe Now!
1
(Japan) In view of recent earnings trends, Nippon has revised consolidated earnings forecasts for the first half of fiscal 2007 ending March 31, 2008. In addition, the Board of Directors passed a resolution that approves the restructuring of several Nippon Paper Group businesses...
1
(USA) Wausau Paper (NYSE:WPP) today reported net earnings for the third quarter of $6.1 million, or $0.12 per share, compared with $7.2 million, or $0.14 per share, the year before. Net sales increased 4 percent to a record $319 million, while shipments increased slightly...
1
(Netherlands) Akzo Nobel's Pulp & Paper Chemicals reported autonomous revenues growth of 4%, partially offset by the impact of a weak U.S. dollar. Base Chemicals produced a strong performance with higher selling prices and increased production levels.
1
(India) Paper maker Ballarpur Industries Ltd's July-September net profit is set to rise about 13 percent, helped by robust paper demand and higher realisations, analysts said. Ballarpur is forecast to report net profit of 657 million rupees and a rise of 6 percent in net sales to 5.6 billion rupee
1
(Japan) Oji Paper Co. has slashed its April-September group net profit estimate to one billion yen from 5 billion yen. The downward revision came as the company is set to book a 1.5-billion-yen special loss following its decision to pull the plug on its building lease business in Shizuoka...
1
(India) SVPCL, a leading paper products manufacturer in South India, is open for subscription with a public issue of Rs 34.50 crore through a 100 per cent book-building process. The issue closes on October 26. The price band has been fixed at Rs 40-45 per equity share of Rs 10 each.
1
(Finland/Europe) Standard & Poor's has today downgraded M-real Corporation's B rating to B-. The outlook of the rating was changed from negative to stable. Downgrade has an annual impact of approximately EUR 2 million on M-real's current financing costs.
1
(USA) Kimberly-Clark Corporation reported that net sales in the third quarter of 2007 increased 9.7 percent to $4.6 billion, setting a new quarterly record. The improvement was highlighted by excellent volume gains for many of the company's well-known Personal Care, Consumer Tissue...
1
(USA) Sonoco (NYSE: SON) reported third quarter 2007 earnings of $.63 per diluted share, compared with $.60 per diluted share reported in the third quarter of 2006.
1
(Ireland) Smurfit Kappa Group (SKG) shares plunged 5pc yesterday, hitting their lowest levels since the group's re-flotation in March, after two peers in the paper sector issued profit warnings on rising raw material and fuel costs.
1
(India) Hyderabad-based paper products manufacturer, SVLPCL formerly Sri Vijaya Laxmi Paper Convertors is tapping the capital market via initial public issue to fund its expansion plans. It intends to raise Rs 345 million.
1
(USA) The board of directors of Weyerhaeuser Company on Oct. 18 declared a dividend of 60 cents per share on the common stock of the corporation payable Dec. 3, 2007, to shareholders of record at the close of business Nov. 9, 2007.
1
(USA) Kimberly-Clark Corporation will webcast a discussion of its third quarter 2007 results at 9 a.m. CDT on Monday, Oct. 22. Chairman and CEO Thomas Falk and Senior Vice President and CFO Mark Buthman will participate in the live webcast.
1
(USA) Packaging Corp. of America, a supplier of containerboard and corrugated packaging products, said Wednesday its third-quarter profit rose 12 percent on higher pricing and volume. The company also issued a fourth-quarter guidance above current wall Street predictions, sending its shares up...
1
(Finland) Stora Enso's third quarter 2007 financial results from operations were negatively impacted by continuing high wood and recycled fibre costs and weakening US dollar. On a comparable basis, the operating result was slightly below the level achieved in the third quarter of 2006.
1
(Norway) Norske Skog will announce its accounts for the third quarter of 2007 on Friday 2 November at 08.00 CET. There will be a webcasted presentation at the company's premises at 13.00 CET on the same day.
1
(UK) International packaging firm DS Smith is on track to post sharply higher first half profits, thanks to price increases implemented in the second half of the last financial year.
1
(Brazil) Votorantim Celulose e Papel SA, Brazil's third-largest pulp and paper producer, said third- quarter profit more than doubled on non-operating gains from a joint venture and currency rally...
1
(USA) Analysts at Morgan Keegan maintain their "market perform" rating on Buckeye Technologies Inc, while raising their estimates for the company. In a research note published this morning, the analysts mention that the company has pre-released impressive
1
(UK) DS Smith Plc, the U.K. owner of the Spicers office products brand, said first-half profit will rise after price increases countered higher raw material costs. Profit before exceptional items will be at least 50 million pounds ($102 million) in the six months...
PaperIndex Times is Powered by