Tribune Co. today reported its results for the fourth quarter and year ended December 29, 2013. Consolidated Revenues in the fourth quarter of 2013 were $773 million compared to $871 million in the fourth quarter of 2012. This represented a decline of $97 million, or 11 percent.
Business Management - Finance/Financial
When completed by mid-2016, Resolute Forest Products' $105 million upgrade to its Calhoun, TN-based pulp and paper mill will significantly lower the mill's costs, increase its pulp capacity and improve the mill's versatility. In addition to creating approximately 50 new jobs to join the 480 employees currently at the mill, Resolute expects the project's implementation to produce efficiencies from better wood yield and lower steam and chemical usage.
SUSSEX, WI—Quad/Graphics Inc. reported fourth quarter and full-year 2013 results. Prior year financial results do not include the acquisition of Vertis Inc., which was acquired on Jan. 16, 2013.
Quad/Graphics Inc. has reported fourth quarter and full-year 2013 results. Prior year financial results do not include the acquisition of Vertis Inc., which was acquired on January 16, 2013. "Our fourth quarter and full-year 2013 results met our expectations, and we were especially pleased with our continued strong cash flow generation," said Joel Quadracci, Quad/Graphics chairman, president and CEO.
Cenveo Inc. generated net sales of $509.9 million for the three months ended December 28, 2013, compared to $437.7 million for the same period last year, an increase of 16.5 percent. The company generated net sales of $1.8 billion for the year ended December 28, 2013, compared to $1.7 billion for the prior year.
R.R. Donnelley & Sons Company reported fourth-quarter net sales of $2.8 billion grew 3.6 percent from the fourth quarter of 2012; organic sales grew 2.3 percent in the quarter.
For the fourth quarter of 2013, Standard Register reported revenue of $242.0 million and net income of $9.1 million or $1.14 per diluted share compared to revenue of $143.6 million and a net loss of $35.3 million or $6.03 per diluted share for the fourth quarter of 2012.
InnerWorkings Inc. has announced record revenue and adjusted operating cash flow in the fourth quarter and full year, and forecasts 8 to 12 percent revenue growth in 2014.
Government Print Management’s Top 50 GPO Suppliers Report for the fourth quarter of 2013 features 15 printers who were not on the third quarter report. While the names are not necessarily new to GPO printing; the fact that 30 percent of the top suppliers are different from one quarter to another is novel.
International Paper reported full-year 2013 net earnings attributable to common shareholders totaling $1.4 billion ($3.11 per share) compared with $794 million ($1.80 per share) in full-year 2012. "International Paper delivered record operating earnings and cash from operations in 2013, largely driven by margin expansion across key businesses," said John Faraci, chairman and CEO.