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(USA) Boise has announced that it has been advised by the New York Stock Exchange ("NYSE") that the company does not currently comply with NYSE continued listing standards...
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(USA) Roger W. Stone, Chairman and CEO, stated, "We're off to a great start with our Charleston operations. Their performance has been outstanding. The integration is proceeding well, and we are very pleased with the significant contribution Charleston is bringing...
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(USA) Appleton's net sales from continuing operations for third quarter ended September 28, 2008, increased 3.2 percent to $255.2 million compared to net sales from continuing operations of $247.2 million for the same quarter of 2007. Appleton reported a loss from...
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(Israel) Avi Brener, CEO of the Company: "Due to the surplus manufacturing capacity, the import volumes of fine paper and packaging paper from Europe in dumping prices, have recently grown and the company is working to preserve its market share and quantitative...
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(USA) International Paper has announced that it has initiated the process of voluntarily delisting the company's common stock from the Euronext Amsterdam and Swiss stock exchanges due to extremely low trading volumes on these exchanges...
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(USA) Shares of Potlatch Corp. fell Monday after an analyst lowered his 2009 earnings estimate due to the slumping housing market, tight credit and potential pitfalls of a pending spin-off...
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(USA) Many manufacturers of various paper and packaging products are trading at massive discounts to their 52-week highs. Companies such as International Paper, Catalyst Paper (CTL), Domtar (UFS), MeadWestvaco (MWV) and Sappi Ltd (SPP) are all trading below...
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(USA) The Board of Directors of Temple-Inland has declared a regular quarterly dividend of $0.10 per common share, payable December 15, 2008, to shareholders of record December 1, 2008...
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(USA) Verso Paper Corp, which went public in May this year, posted better-than-expected third-quarter earnings Friday, as price increases for its coated paper products offset a 10 percent decline in sales volumes...
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(USA) AbitibiBowater, the largest North American newsprint maker, posted a third-quarter loss on Thursday, hurt by weak demand and restructuring-related charges. Excluding one-time items, the Montreal-based company posted a loss of $104 million, or $1.81 a share...
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(USA) Boise Cascade announced a net loss of $207.6 million for the quarter ended September 30, 2008. The principal component of the loss was a $208.1 million noncash write-down in the carrying value of the Company's 49% equity...
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(South Africa) Sappi CEO: "Although economic conditions in our major markets became increasingly uncertain through the quarter, our order books remained strong. Sales volumes were at similar levels to the equivalent quarter last year and the prior quarter."...
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(India) CARE has assigned A+ rating to the proposed Secured Redeemable Bonds/Non-Convertible Debentures (NCD) issue of Rs 1 billion of Orient Paper & Industries (OPIL). The Bonds/NCDs are proposed to be redeemed by way of bullet repayment at the end of the five years...
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(USA) Glatfelter has reported record quarterly net sales of $339.8 million for the third quarter ended September 30, 2008, a 16.4% increase compared with $291.9 million for the third quarter of 2007...
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(USA) Fitch Ratings on Tuesday lowered Weyerhaeuser Co.'s issuer default rating and long-term senior unsecured debt rating to BBB- from BBB. "The current economic situation is proving more challenging to Weyerhaeuser's businesses than anticipated which will now likely...
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(USA) RockTenn has reported earnings for the quarter ended September 30, 2008 of $0.74 per diluted share. The Company's adjusted earnings were $0.90 per diluted share, excluding specific items related to the Southern Container acquisition...
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(USA) Deutsche Bank downgrades Glatfelter from Buy to Sell. Price target slashed from $20 to $8...
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(USA) RockTenn has reported that its Board of Directors declared a dividend of $0.10 per share on its Class A Common Stock to shareholders of record at the close of business on November 11, 2008. The dividend, which will be paid on November 24, 2008...
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(USA) Caraustar Industries has announced that sales from continuing operations for the third quarter ended September 30, 2008 were $214.5 million compared to sales of $209.6 million for the same quarter in 2007...
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(USA) Smurfit- Stone Container has announced that its Board of Directors declared a regular quarterly cash dividend on its 7% Series A Cumulative Exchangeable Redeemable Convertible Preferred Stock...
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