International Paper Declares Dividends
International Paper (NYSE: IP) today declared a regular quarterly dividend of $0.025 per share for the period from Jan. 1, 2010, to March 31, 2010
Archive for the Category ‘Financial’
Presstek Provides Update on Financing
“…we believe that we will have sufficient capital to fuel not only our current financing requirements, but our future growth as well,” said Jeff Jacobson, Presstek’s Chairman, President and Chief Executive Officer.
Heidelberg Presents Figures for First Six Months – Orders Stabilize at Low Level
Heidelberg CEO Bernhard Schreier says, “Incoming orders are bottoming out now, but we do not expect to see clear signs of improvement in the subsequent quarters of the current financial year.”
Presstek Announces Third Quarter 2009 Financial Results
Improved Sequential Operating Results, Excluding $3.7 Million of Non-Routine Inventory and Restructuring Charges; New Credit Facility Expected to Be in Place by December 15; Reaffirming Positive EBITDA Expected in Q4
Presstek Announces Modification of Loan Agreement
Under the terms of the modification, the lenders have agreed to extend the credit agreement from its previous expiration of November 4, 2009 until December 15, 2009. The banks have also agreed to forbear from exercising their rights and remedies resulting from the Company’s recently announced covenant violations under the credit agreement.
Miller Newsprint Ltd Installs KODAK VERSAMARK VL4200 Printing System for Remote Publishing of Newspapers in Malta
Rochester, NY, October 8 Malta-based Miller Newsprint Ltd uses a KODAK VERSAMARK VL4200 Printing System to print leading European newspapers such as The Financial Times, Daily Mail, Mail on Sunday, Sunday Mirror, The People, Daily Star, Daily Express, The Daily Mirror and The Daily and Sunday Telegraph for tourists and residents of the Maltese Islands. Miller Newsprint Ltd is part of the Miller Malta Group and a major shareholder in Newsfax International in London, the UK’s largest independent newspaper contract printer. With the investment in the KODAK VERSAMARK VL4200 System, Miller Newsprint’s sales volume has increased 50 percent.
Kodak Adds Security Ink Capabilities to the VERSAMARK VL-Series Printing Systems
Rochester, NY, October 6 Whether the true value of a printed piece is measured as financial, political or social, advanced efforts to protect, track and authenticate that item are critical as printers and their clients work to combat counterfeiting. Designed to reduce the fraudulent use and reproduction of counterfeit items, Kodak’s new Security Ink for the KODAK VERSAMARK VL2000/2200 and VL4000/4200 Printing Systems enables printers to add unique security features invisible to the naked eye.
HP Printing Revenue Down 23% In The Imaging and Printing Group (IPG)
AP reports that “HP will cut 6,400 more workers — or 2 percent of the company’s total work force. The cuts are on top of the 24,600 layoffs HP is doing as part of its huge acquisition of technology services provider Electronic Data Systems, and will come from its product businesses.
May 20, 2009 | Posted in Financial | Read More »
Presstek Announces Revenue Decrease, Reflecting Global Industry and Economic Trends
Revenues for the quarter were $34.5 million, a decline of $16.3 million or 32% when compared to the same quarter in 2008. The company reported a loss from operations in the first quarter of 2009 of $1.8 million, a decline of $3.6 million from the prior year.
First Quarter 2009 Financial Result for Presstek to be Announced May 8th
Presstek senior management will host a conference call on May 8, 2009 at 10:30 AM Eastern Daylight Time to discuss its first quarter 2009 results.
May 7, 2009 | Posted in Financial | Read More »
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