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(Israel) Hadera Paper has reported financial results for the year ended December 31, 2008... read more »
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(Canada) Domtar has announced that its Board of Directors has approved a proposal to effect a reverse stock split of the Company's outstanding common stock and a corresponding reverse split of the outstanding... read more »
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(USA) Smurfit-Stone Container has announced it will recognize in the fourth quarter of 2008 non-cash charges of $2,761 million, or $10.73 per diluted share, related to the impairment of goodwill and other intangible... read more »
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(Canada) The amendments to the credit agreements provide for lender consent to $12,000,000 of additional liquidity previously provided to BCFPI by Fairfax Financial Holdings Limited (the "Additional Liquidity") and amend and modify each of Bowater's U.S. and Canadian credit agreements... read more »
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(USA) The Board of Directors of Albany International has declared a quarterly dividend of $0.12 per share on the Class A and Class B Common Stock, payable on April 7, 2009, to shareholders of record on March 16, 2009. read more »
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(USA) Kimberly-Clark has said its board of directors has approved a dividend increase of 3.4 percent. This will bring the quarterly dividend to 60 cents per share, up from 58 cents per share in 2008. The board of directors declared the dividend... read more »
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(USA) International Paper has announced that its Board of Directors has reduced the company's quarterly common stock dividend from twenty-five cents ($0.25) per share to two and one-half cents ($0.025) per share... read more »
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(USA) Clearwater Paper Corporation reported higher earnings in the consumer products division but those earnings were offset by lower pulp and paperboard and wood product losses... read more »
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(USA) Caraustar Industries has announced that sales from continuing operations for the fourth quarter ended December 31, 2008 were $171.7 million, compared to sales of $203.9 million for the same quarter in 2007... read more »
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(Canada) Cascades has announced its unaudited financial results for the three months and fiscal year ended December 31, 2008... read more »
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(USA) Orchids Paper Products has reported net income for the three months ended December 31, 2008 of $2.3 million, or $0.34 per diluted share, a new quarterly record, compared with $850,000... read more »
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(USA) The Board of Directors of Greif, Inc. has declared quarterly cash dividends of $0.38 per share of Class A Common Stock and $0.57 per share of Class B Common Stock... read more »
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(USA) Smurfit-Stone Container has announced that the U.S. Bankruptcy Court in Wilmington, Delaware, has granted final approval of its $750 million debtor-in-possession (DIP) credit facility, which provides... read more »
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(USA) Greif has announced the closing of $700 million of senior secured credit facilities co-arranged by Banc of America Securities LLC and J.P. Morgan Securities Inc. The new facilities replace an existing $450 million revolving credit... read more »
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(USA) The hits keep on coming for the beleaguered and overleveraged paper industry. On Feb. 18 it was International Paper's (IP) CEO, John Faraci, delivering the bad news, suggesting his company might soon cut its $1 a share dividend... read more »
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