Global Paper Money

Bemis Company declares a regular quarterly cash dividend of USD 0.23 per share.

Andritz has received an order from Arctic Paper Kostrzyn S.A., to supply stock preparation components that will improve the quality of fine paper grades produced at the Kostrzyn mill in Poland.

Smurfit-Stone Container Corporation

Smurfit-Stone Container Corporation will announce financial results for the second quarter ended June 30 on 03 August.

Neenah Paper, Inc.

Neenah Paper, Inc. today announced it will issue a press release covering second quarter financial results on 10 August 2010.

Voith Paper to Rebuild Drum Reel at SCA Munksund in Sweden

Munksund intends to optimize and automate the entire process from the drum reell

That’s Billion Dollars, With a “B”

Most dividend announcements are in the range of pennies to several dollars. However...

PM40

The PM40 closed 09 July 2010 at 1561.58, down 1.4% from the 25 June 2010 close, but up 5.6% from the 02 July 2010 close.

RearView

The PM40 closed 09 July 2010 up 78.5% compared to the 10 July 2009 level. Over the same period, the Rydex Equal-Weight S&P 500 Index was up 35.5%.

Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate R.R. Donnelley & Sons Company (RRD) and Verso Paper Corp. (VRS).

Insider Trading

Reported insider trading reflects sales of 47,000 shares at an average price of USD 12.87 per share.

Stora Enso will permanently close newsprint and directory paper production at Varkaus in Finland.

Catalyst to Close Elk Falls Mill and Coquitlam Recycling Facility

Catalyst Paper announced it is permanently closing its Elk Falls paper mill and Coquitlam recycling facility.

Tembec Assesses Damages From Fire at Chetwynd Pulp Mill

Tembec today provided an update regarding a fire at the company’s high yield pulp mill in Chetwynd, British Columbia.

The World View

By:

Dennis Shore

It is said that a week is a long time in politics, and so it has proved in Australia.

Arauco’s Horcones II Saw Mill Reopens

On 02 July, ARAUCO reopened its Horcones II saw mill.

Crews continue to mop up spot fires in hog pile and log yard at Tolko Industries Ltd.’s Armstrong Division.

Appleton to Sell Performance Packaging Operations

Appleton has entered into an agreement to sell its Performance Packaging operations to NEX Performance Films Inc.

The Final Word by Jim Thompson

As you read this, I am traveling across the United States in my trusty Honda CR-V.

Reader's Comments

Earnings Announcements

SEC Filings

Quad/Graphics Completes Acquisition of Worldcolor

Quad/Graphics, Inc. announces that its acquisition of World Color Press Inc. is complete.

Bemis Company Completes Sale of Discontinued Operations

Bemis Company, Inc. today announced that it has completed the sale of its discontinued operations to Exopack Holding Corp.

Canfor Announces Sale Agreement for Howe Sound Pulp and Paper

Canfor Corporation announced today that Howe Sound Pulp and Paper Limited Partnership has entered into an agreement to sell its assets to Paper Excellence B.V.

Fraser Papers Granted Further Extension of Creditor Protection

Fraser Papers Inc.announced today that the Ontario Superior Court of Justice has granted a further extension of creditor protection.

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