www.pulp-paperworld.com - Financial News
Tuesday, 16 August 2011 11:00
NewPage Finally Says the B Word
North America's largest manufacturer of coated paper acknowledged today that it may be forced to seek Chapter 11 bankruptcy reorganization because of its crushing debt load. NewPage made was no reference to reorganization in the news release this morning announcing…
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Tuesday, 09 August 2011 09:41
ANDRITZ GROUP: Favorable business development in the second quarter of 2011
International technology Group ANDRITZ showed a good business development in the second quarter of 2011 and increased all relevant key figures compared to last year’s reference period. Sales of the ANDRITZ GROUP amounted to 1,087.4 MEUR in the second quarter…
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Friday, 05 August 2011 10:03
North American wood pellet capacity set to increase to serve markets in Europe and Asia
European demand for wood pellets has to a large extent, driven the expansion of pellet capacity in both the US and Canada the past five years. The North American Wood Fiber Review reports that in coming years, it is likely…
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Thursday, 04 August 2011 09:26
Verso Paper Holdings LLC and Verso Paper Inc. Announce Extension of Exchange Offer for their 8.75% Second Priority Senior Secured Notes Due 2019
Verso Paper Corp. has announced that its indirect subsidiaries, Verso Paper Holdings LLC and Verso Paper Inc. (collectively, the "Issuers"), have extended the time and date of the expiration of their offer (the "Exchange Offer") to exchange up to $396,000,000…
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Friday, 29 July 2011 13:10
Ahlstrom to publish January-June 2011 interim report on August 10, 2011
Ahlstrom Corporation will publish its January-June 2011 interim report on Wednesday, August 10, 2011 before 10.00 a.m. Finnish time (+1 CET). Ahlstrom's President & CEO Jan Lång and CFO Seppo Parvi will present the interim report in Finnish at a…
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Friday, 29 July 2011 10:10
International Paper Nearly Doubles Year over Year Earnings on 8% Revenue Growth
International Paper has reported second-quarter 2011 net earnings attributable to common shareholders totaling $224 million ($ $0.52 per share) compared with net earnings of $342 million ($0.78 per share) in the first-quarter of 2011 and $93 million ($0.21 per share)…
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Friday, 29 July 2011 09:13
Clearwater Paper Reports Second Quarter 2011 Results
The company reported net earnings of $13.9 million, or $1.17 per diluted share, for the second quarter of 2011, compared to net earnings of $20.6 million, or $1.75 per diluted share, for the second quarter of 2010. The second quarter…
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Wednesday, 27 July 2011 14:00
Solid performance in a difficult environment – full-year guidance confirmed
CEO Hariolf Kottmann commented: “In the first half of 2011, business fundamentals were robust although global economic growth dampened compared to 2010. This is reflected in an improved underlying operating performance year-on-year. The results, however, have been adversely impacted by…
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Wednesday, 27 July 2011 08:42
Pöyry completes share buyback programme
Pöyry announces that it has ended the share buyback programme of its own shares announced on 27 April 2010. The company has acquired under the programme a total of 409,000 shares at an average price of EUR 10.66 through public…
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Monday, 25 July 2011 08:58
Gardner Denver Delivers Record Results
Gardner Denver, Inc. has announced the second quarter 2011 results that established quarterly records for orders, revenues, operating income and DEPS. In addition, backlog at June 30, 2011 was $681.7 million, an all-time high. Revenues and operating income were $610.7…
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Thursday, 21 July 2011 15:09
Stora Enso CEO Jouko Karvinen comments on second quarter 2011 results announced today
“Stora Enso ended the second quarter with a solid operating profit. On the one side, the market environment and our own efforts allowed us to improve pricing on a broad scale year-on-year. On the other side, cost inflation offset a…
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Friday, 15 July 2011 11:15
Verso to Report Second Quarter Results and Host Conference Call on August 11
Verso Paper Corp. has announced that it will report its financial results for the second quarter ended June 30, 2011, in a news release before the market opens on Thursday, August 11, 2011. Management will host a conference call at…
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Wednesday, 13 July 2011 11:00
Nalco Announces Dates for Second-Quarter Financial Results and Conference Call/Webcast
Nalco (NYSE: NLC), providing essential expertise for water, energy and air, announced today it will release its second-quarter 2011 financial results after market close on August 2. At 10 a.m. ET on August 3, the Company will hold a conference…
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Wednesday, 13 July 2011 09:58
Ashland Inc. Q3 Earnings Webcast Set for 9 a.m. EDT, July 28
Ashland Inc. has announced that on Thursday, July 28, at 9 a.m. EDT, it will conduct a live webcast of its third-quarter earnings presentation to the investment community. The presentation will cover results for the quarter ended June 30, 2011,…
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Tuesday, 12 July 2011 08:49
Temple-Inland Board of Directors to Review Announced Tender Offer from International Paper
Temple-Inland Inc. has acknowledged that International Paper Company (NYSE: IP) announced that it will be commencing an unsolicited offer to acquire all of the outstanding shares of common stock of Temple-Inland for a price of $30.60 per Temple-Inland share in…
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