Donnelley Lowers Expectations Again
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Davis told the Chicago Tribune that the failure of the economy to recover as quickly as estimated has produced excess capacity and short-term pricing pressures.
"Many of our customers have reduced their print volumes in response to the economy, and some have just plain disappeared, like Wards and Bradlees," Davis told the newspaper. "That leaves us ...with more open capacity than we've seen in recent years."
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