Business Management - Finance/Financial

Financial results for the third quarter of 2014 for Standard Register have been released. The company reported revenue of $219.4 million and a net loss of $5.6 million or $0.65 per share. Total revenue increased 10.0 percent to $219.4 million from $199.4 million in the 2013 third quarter.

EFI has reported record revenue of $197.7 million, up 11 percent compared to third quarter 2013 revenue of $178.8 million. "In the third quarter the EFI team raised the bar on execution with revenues growing 11 percent to all-time record levels, increasing our confidence in achieving $1 billion in revenue by the end of 2016," said Guy Gecht, CEO of EFI.

Domtar Corp. has sold its five millionth ton of Forest Stewardship Council (FSC)-certified EarthChoice uncoated fine paper, a first for the North American market. The milestone solidifies the company's position as a longstanding industry leader in responsible fiber sourcing and sustainable practices.

Agfa-Gevaert has published its second quarter 2014 results. The Agfa-Gevaert Group’s revenue declined by 11.1 percent compared to the second quarter of 2013. Group revenue was impacted by the weakness in the emerging markets, adverse currency effects and the challenging conditions in the U.S. healthcare market.

The Center for Responsive Politics reports the postal service has been paid $17.5 million so far this election cycle for delivering political direct-mail pieces, ranking it No. 4 on the center's list of political vendors. This revenue won't close the postal service's fiscal gap — it lost $2 billion last quarter — but every little bit helps.

The No. 1 vendor is Waterfront Strategies, which has spent nearly $42 million on media buys on behalf of Democratic candidates, with most of this money coming from liberal super PACs.

Verso Paper today reported financial results for the second quarter and six months ended June 30, 2014. Net sales of $320.9 million in the second quarter of 2014 compared to $330.4 million in the second quarter of 2013.

Because Veritiv's registration as a public reporting company became effective in the second quarter and the spin-off and merger transactions were not consummated until the third quarter, Veritiv will report full second quarter results for the legacy xpedx business of International Paper in its Quarterly Report on Form 10-Q for the period ended June 30, 2014, expected to be filed on August 14, 2014. Beginning with the quarterly period ending September 30, 2014, Veritiv will report consolidated financial results for the combined company.

For the June 30, 2014, quarter, the U.S. Postal Service reported a net loss of $2.0 billion, compared to a net loss of $740 million for the same period last year. "Due to continued losses and low levels of liquidity, we’ve been extremely conservative with our capital, spending only what is deemed essential to maintain existing infrastructure," noted CFO and Executive Vice President Joseph Corbett.

Cenveo Inc. has announced results for the three and six months ended June 28, 2014. The company reported net sales of $479.4 million, up 17.9 percent from the second quarter of 2013. "We are very encouraged by our second quarter performance highlighted by delivering consolidated organic revenue growth of over 2 percent," said Robert G. Burton Sr., chairman and CEO.

InnerWorkings Inc. has reported its financial results for the three months ended June 30, 2014, with a record revenue of $260.3 million, an increase of 23 percent compared to $210.9 million in the second quarter of 2013.