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(USA) - Wausau Paper (NYSE:WPP) today announced that its Board of Directors has declared a quarterly dividend of $0.03 per share on its common stock... read more »
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(USA) Aurelius Capital Management LP, an unsecured creditor of an affiliate of bankrupt newsprint company AbitibiBowater Inc., has objected to the company's debtor-in-possession financing request... read more »
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(India) Tamil Nadu Newsprint& Papers today reported a decline of 22.46 per cent in its net profit at Rs 21.23 crore in the quarter ended March 31, 2009, over the same period last year... read more »
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(USA) Verso Paper Corp. has announced a plan to issue $325 million in senior debt as part of a debt restructuring effort... read more »
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(USA) Sonoco (NYSE: SON), one of the largest diversified global packaging companies, will speak to the investment community on Wednesday, June 3, 2009... read more »
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(USA) Morgan Joseph reiterates a 'Buy' on KapStone Paper and Packaging Corp. (Nasdaq: KPPC). Price target increased from $4 to $6... read more »
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(Canada) Domtar Corporation (NYSE/TSX: UFS) today announced that it is commencing a cash tender offer for up to $250 million aggregate principal amount (the "Tender Cap") of its outstanding 7.875% Notes due 2011... read more »
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(Norway) Standard & Poor's Ratings Services lowered its long-term issuer credit ratings on Norway-based forest-product company Norske Skogindustrier ASA (Norske Skog) to 'B+' from 'BB-'. At the same time, the 'B' short-term rating was affirmed. The outlook is negative. read more »
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(India) Tamil Nadu Newsprint & Papers Ltd (TNPL) has announced that a meeting of the Board of Directors of the Company will be held on May 27, 2009... read more »
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(USA) Paper producer Cellu Tissue Holdings,rnInc on Tuesday sold $255 million, five-year notes in the 144a private placement market, said IFR, a Thomson Reutersrnpublication... read more »
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(USA/Canada) The newsprint maker AbitibiBowater said Tuesday that some of its lenders had granted one of its units a waiver, after it failed to meet the requirements under a $210 million receivables purchase agreement... read more »
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(Australia) PaperlinX Ltd's 2009 profit forecast has been downgraded by as much as 64 per cent by analysts after the paper merchant secured an extension of waivers over debt covenant breaches from its bankers... read more »
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(Canada) Company seeks support from Bowater's banks to achieve successful outcome... read more »
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(Canada) AbitibiBowater Inc. and AbitibiBowater Canada has announced that they are not able to file their annual financial statements, accompanying management's discussion and analysis ("MD&A") and related CEO and CFO... read more »
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(Brazil) Aracruz, one of Brazil's biggest paper and pulp producers, announced a net loss of R$4.19bn ($1.8bn) in 2008 after bets on currency futures went badly wrong... read more »
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