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(USA) MeadWestvaco has reported second quarter 2008 income from continuing operations of $58 million, or $0.34 per share. Included in the results from continuing operations are after-tax restructuring charges of $6 million, or $0.03 per share...
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(Brazil) Suzano Pulp and Paper, one of Latin America's largest integrated producers of pulp and paper, announced consolidated results for the 2nd quarter of 2008 (2Q08). The Company's operational and financial data is shown on the basis of consolidated figures in Reais...
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(UPM) "The demand outlook of our businesses has weakened since the beginning of the year, and our operative profitability for the full year 2008 is expected to be lower than that of last year." Jussi Pesonen, UPM's President and CEO.
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(USA) Neenah Paper has announced that its Board of Directors declared a regular quarterly cash dividend of $0.10 per share on the company's common stock...
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(USA) Pratt Industries U.S.A., one of the country's largest paper and packaging companies, has secured $112 million through GE Commercial Finance Corporate Lending to fund the development, construction, and operation of a greenfield recycled containerboard facility in Shreveport...
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(India) Tobacco-to-paper giant ITC Ltd is buying into India's biggest paper company Ballarpur Industries Ltd (BILT) belonging to the Avantha group controlled by Gautam Thapar...
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(USA) The Board of Directors of Potlatch Corporation has declared a quarterly distribution on the Company's common stock. The distribution of $0.51 per share is payable September 3, 2008, to stockholders of record on August 4, 2008.
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(Brazil) Brazilian pulp and paper company Votorantim Celulose e Papel (VCP) posted a net profit of R$135 million (R$0.67 per share) in the second quarter, 35% less than the R$207 million (R$1.01 per share) recorded a year before, and 23% higher than in the first...
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(India) Rama Newsprint & Papers reported a considerable rise in its standalone net profit for the first quarter ended June 2008. During the quarter, the profit of the company rose 36.81% to Rs 42.41 million from Rs 31.00 million in the same quarter, last year.
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(USA) Sonoco, one of the largest diversified global packaging companies, today reported second quarter 2008 earnings of $.57 per diluted share, up 39 percent, compared with $.41 per diluted share earned in the second quarter of 2007...
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(USA) The Board of Directors of Sonoco has declared a regular quarterly dividend of $.27 per common share. This 333rd consecutive quarterly dividend will be payable September 10, 2008, to shareholders of record as of August 15, 2008.
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(USA) Kimberly-Clark Corp., maker of Huggies diapers and Kleenex tissues, lowered its profit forecast for the year on Monday after it said inflation costs would reach $900 million, double the company's original estimate.
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(Finland) The year 2008 is challenging due to increases in production costs, pulp production curtailments as a result of wood availability problems, decrease in fine paper delivery volume, strengthening of the euro and delay in coated fine paper price increase...
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(USA) Temple-Inland Inc. will release its results for second quarter 2008 on July 30, 2008, before the market opens...
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(USA) International Paper has declared a regular quarterly dividend of $0.25 per share for the period from July 1, 2008, to September 30, 2008, inclusive, on its common stock, par value $1...
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(USA) Weyerhaeuser Company (NYSE: WY) will release second quarter 2008 results on Aug. 5 before the market opens. The company will hold a live conference call at 7 a.m. Pacific (10 a.m. Eastern) on Aug. 5 to discuss first quarter results.
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(USA) Fitch Ratings has affirmed the ratings of Smurfit-Stone Container Corporation...
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(Indonesia) Indonesia's paper producer and distributor PT Kertas Basuki Rachmat Indonesia (KBRI) said on Wednesday its initial public offering of 1.36 billion shares will be priced at 260 rupiah per share...
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(USA) International Paper will release second-quarter 2008 earnings on Thursday, July 31, before the opening of the New York Stock Exchange. The company will host a webcast to discuss earnings and current market conditions at 10 a.m. Eastern Time that day.
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(Kazakhstan) Paper products producer Kazakhstan Kagazy Plc. said 2007 net profit rose more than fourfold as strong growth in its paper business and improved market share in corrugated products boosted revenues by about 42 percent.
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