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(Canada) SFK Pulp Fund said Friday that first-quarter net income dropped to $7.7 million as the Canadian dollar remained strong and waste paper prices moved higher...
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(USA) Even a radical price cut didn't do much to help the initial public offering of stock in paper supplier Verso Paper Corp., as it closed down 17% on its first day of trading...
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(India) Leading Paper manufacturer Ballarpur Industries' board has approved an optional buyback of 15.98 lakh shares of the company...
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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 June 12, 2008, to stockholders of record on May 29, 2008.
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(USA) Verso Paper has sold $168 million worth of stock in its initial public offering, much less than the glossy paper producer had originally expected.
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(USA) Moody's Investors Service has cut its outlook on U.S.-based Boise Inc. to stable from positive and upgraded its second lien term loan to 'B1' from 'B2' based on the packaging products and papers company's revised capital structure after the completion of its acquisition of Boise Cascade
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(India) A meeting of the board of directors of Seshasayee Paper & Boards will be held on Jun. 07, 2008, to consider recommendation of dividend for the financial year 2007-08 and audited accounts for the said financial year.
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(USA) Verso Paper Corp, a producer of coated freesheet, on Wednesday filed with U.S. regulators to decrease its initial public offering size to 14 million shares and cut its estimated price to $12 apiece.
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(USA) Business Overview (from prospectus): We are a leading North American supplier of coated papers to catalog and magazine publishers. The market for coated paper, which is comprised of coated groundwood paper and coated freesheet paper, is one of the most attractive segments of the paper...
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(USA) Appleton's net sales from continuing operations for first quarter ended March 30, 2008, increased 1.6 percent to $236.2 million compared to net sales from continuing operations of $232.4 million for the same quarter of 2007. Appleton reported net income from continuing operations of $21.4...
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(USA) NewPage Corporation (NewPage) has announced its results of operations for the first quarter of 2008. These results include the first full quarter of combined financial results since the acquisition of Stora Enso North America (SENA) on December 21, 2007. Net sales were $1,190 million in the f
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(USA) International Paper has declared a regular quarterly dividend of $0.25 per share for the period from April 1, 2008, to June 30, 2008, inclusive, on its common stock, par value $1. This dividend is payable on June 16, 2008, to holders of record at the close of business on May 23, 2008...
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(USA) Coated paper company Verso Paper Corp. is hoping the good old fashioned principle of supply and demand will drive interest in its initial public offering this week.
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(Spain) Spanish pulp, paper and energy group Ence posted a 25 percent drop in net profit in the first quarter to 17.6 million euros ($27.21 million).
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(USA) After a few weeks of delicate improvements in the IPO market, paper company Verso Paper Corp. will try this week to lob a deal at investors that could land with a thud...
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(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...
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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.
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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...
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(USA) S&P Equity Research has downgraded Neenah Paper from Buy to Hold.
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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...
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