Business Management - Finance/Financial

Neenah Paper's sales growth in 2014 resulted primarily from higher volumes, as well as favorable currency translation and increased net selling prices. Net sales of $230.4 million in the second quarter of 2014 grew 9 percent compared with $212.3 million in the second quarter of 2013 as Technical Products revenues increased 10 percent and Fine Paper revenues grew 7 percent.

Courier Corp. has released its financial results for the quarter ended June 28, 2014, the third quarter of its 2014 fiscal year. Revenues were $67.7 million, up 5 percent from last year’s third-quarter revenues of $64.1 million.

Quad/Graphics has reported results for its second quarter ending June 30, 2014. The reported results include Brown Printing from the day of acquisition on May 30, 2014. Prior year financial results do not include the acquisition of Brown Printing. "Our second quarter results were consistent with our expectations and we remain on track to achieve our 2014 objectives," said Joel Quadracci, Quad/Graphics chairman, president and CEO.

For the second quarter of 2014, NewPage's net loss was $30 million compared to a net loss of $13 million in the second quarter of 2013. The increase in net loss was the result of higher input costs of $20 million driven by the continuing effects of extreme weather-related factors through April 2014 and lower paper prices, partially offset by lower non-cash stock compensation expense, lower pension expense, cost reduction initiatives and other general and administrative expenses.

Financial results for the three-month period ended June 30, 2014, the fourth quarter of the 2014 fiscal year, have been released by Vistaprint. The fourth-quarter results revealed revenue growth of 21 percent year over year to $338.2 million.

International Paper has reported second quarter 2014 net earnings attributable to common shareholders totaling $161 million ($0.37 per share) compared with a net loss of $95 million ($0.21 per share) in the first quarter of 2014, which included a pre-tax charge of $495 million associated with the Courtland mill shutdown, and net earnings of $259 million ($0.57 per share) in the second quarter of 2013.

R.R. Donnelley's net sales in the second quarter were $2.9 billion, up $330.9 million, or 12.9 percent, from the second quarter of 2013. This was largely due to the acquisitions of Consolidated Graphics and the North American operations of Esselte.

Revenue in the second quarter 2014 for Pitney Bowes totaled $958 million, which was growth of 1 percent on a reported basis and flat on a constant currency basis. On a reported basis, revenue for the quarter benefited from 27 percent growth in the Digital Commerce Solutions segment.

Visant Corp. has announced results for its second fiscal quarter ended June 28, 2014, including consolidated net sales of $444.3 million, compared to $448.5 million for its second fiscal quarter ended June 29, 2013. Visant reported consolidated net income of $64.1 million for the second fiscal quarter of 2014, compared to consolidated net income of $56.7 million for the second fiscal quarter of 2013.

Deluxe Corp. has announced its financial results for the second quarter ended June 30, 2014. Both revenue and adjusted diluted EPS exceeded the high end of the range in the prior outlook. The earnings results were driven by strong revenue performance in all segments, each of which met or exceeded revenue expectations, and better than expected cost reductions partially offset by a slightly higher effective tax rate.