(USA) The Board of Directors of Albany International Corp. has declared a quarterly dividend of $0.12 per share on the Class A and Class B Common Stock, payable on July 8, 2008, to shareholders of record on June 6, 2008... read more »
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(Ireland) Smurfit Kappa Group Plc expects a 5 to 10 percent drop in core profit this year due to rising costs, a weak dollar and slowing demand, the Irish packaging maker said on Friday, knocking 10 percent off its shares. read more »
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(USA) NewPage Group Inc. has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock... read more »
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(USA) S&P Equity Research has downgraded Neenah Paper from Buy to Hold. read more »
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(USA) Schweitzer-Mauduit International, Inc. has reported a first quarter 2008 net loss of $1.2 million compared with net income of $4.2 million during the first quarter of 2007. The diluted loss per share was $0.08 compared with diluted earnings per share of $0.27 in the prior-year... read more »
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(Kazakhstan) Kazakhstan Kagazy PLC, owner of Central Asia’s largest producer of paper, corrugated board and packaging products and one of the leading industrial real estate development companies in the country, has announced its summary preliminary... read more »
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(Canada) AbitibiBowater Inc, the largest North American newsprint maker, on Thursday posted a wider first-quarter loss, hurt by poor results from its newsprint, specialty papers and wood products businesses. read more »
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(Norway) Norwegian papermaker Norske Skog reported a bigger-than-forecast drop in core earnings for the first quarter on Thursday, hit by weak demand in North America and Europe. read more »
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(Sweden) Holmen AB said its first quarter pretax profit fell 33 percent to 383 million Swedish crowns, hit by weakening prices and demand for newsprint in Europe, and slowing demand for virgin fibre board. read more »
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(USA) Graphic Packaging Holding Company (NYSE: GPK), formerly Graphic Packaging Corporation ("Graphic"), a leading provider of packaging solutions to food, beverage and other consumer products companies, has reported a Net Loss for the first quarter 2008 of $(23.3) million, or $(0.10) per diluted read more »
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(USA) Xerium Technologies, a leading global manufacturer of clothing and roll covers used primarily in the paper production process, today reported results for the first quarter ended March 31, 2008. Highlights for the quarter include... read more »
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(USA) Neenah Paperhas reported income from continuing operations for the first quarter 2008 of $8.5 million, or $0.57 per diluted common share, compared with income from continuing operations of $10.1 million, or $0.67 per diluted common share for the first quarter of 2007... read more »
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(South Africa) Sappi second-quarter profit more than doubled after it raised prices, improved margins in North America and as the value of its South African plantations gained... read more »
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(USA) Mercer International has reported improved 2008 first quarter results. Revenues and Operating EBITDA in the first quarter of 2008 increased to euro 179.1 million (U.S.$268.8 million) and euro 32.8 million (U.S.$49.4 million) from euro 169.5 million... read more »
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(USA) First quarter 2008 net sales of $67.1 million were up $1.7 million, or 2.6%, and net income of $7.2 million was up 2.1% compared to the same quarter last year... read more »
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(USA) The Board of Directors of Temple-Inland Inc. (NYSE:TIN) today declared a regular quarterly dividend of $0.10 per common share, payable June 13, 2008, to shareholders of record May 30, 2008. read more »
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(USA) MeadWestvaco Corporation has reported a first quarter 2008 loss from continuing operations of $8 million, or $0.04 per share. Included in the results from continuing operations are after-tax restructuring charges of $5 million, or $0.03 per share, primarily related to employee... read more »
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(USA) International Paperhas reported preliminary first-quarter 2008 net earnings of $133 million ($0.31 per share) compared with net earnings of $327 million ($0.78 per share) in the 2007 fourth quarter and $434 million ($0.97 per share) in the first quarter of 2007... read more »
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