Business Management - Finance/Financial
The Menomonee Falls, Wis.-based catalog printer is in discussions regarding the terms of a potential financial restructuring plan.
It arises from a multi-count lawsuit filed in April by Flint charging Trend with breach of contract, account stated, and conversion.
On this episode of The Week that Was, LSC Communications released its Q2 results; RPI acquired Blurb; Quad released Q2 and YTD financials; and Editor-in-Chief Mark Michelson spoke with Dean Hart of MWI Direct about how it installed its first inkjet printing device.
Quad generated positive cash flow during Q2 and increased year-to-date net cash provided by operating activities by $51M.
Deluxe, a Trusted Business Technology company, today reported operating results for its second quarter ended June 30, 2020.
LSC reported that second quarter net sales were $532 million, down $337 million, or 38.8%, from the second quarter of 2019.
On this episode of The Week that Was, RR Donnelley shuttered The Hennegan Co. and released its Q2 financials; FolderWorks installed the AccurioJet KM-1e press; and PRINTING United Alliance experts discuss state, local, and OSHA requirements for face coverings in the workplace.
In RR Donnelley’s Q2 report, net sales were $1.16 billion, down $346.5 million or 23% from the second quarter of 2019.
Xerox reported $1.47 billion of revenue, a decrease of 35.3% year-over-year or 34.6% in constant currency.