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Financial Printing Outlook -- Clawing Their Way Back

December 2002
By Caroline Miller


It has been a tough year for the financial printing industry. The economy was already shaky when the September 11, 2001, terrorist attacks hit the World Trade Towers—America's financial epicenter. Investment banking, securities law and financial services are in shambles. Even so, most hoped to see that much needed and much talked about recovery in 2002. But, instead, the year has been mired in corporate accounting scandals, a never-ending bear market, the threat of war and the virtual standstill for M&A deals and IPOs.

As a result, financial printers have had to reduce their work forces, streamline their operations and look outside for sources of revenue.






















 

Companies Mentioned:

Top 10 -- Financial Printers
 CompanySegment
Sales
(millions)
Total
Sales
(millions)
1Bowne & Co.
New York
$717$1,055
2R.R. Donnelley
Chicago
$476$5,298
3Merrill Corp.
Saint Paul, MN
$241$602
4Ennis Business Forms
DeSoto, TX
$49$236
5Burrups Packard
Philadelphia
$25$50

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