Cosmos Specialty Fibers Begins Producing Dissolving Pulps
May 21, 2011
This older mill, located near Grays Harbor, WN has had several previous short term owners The present owners, Gores Group, is optimistic about becoming a regular supplier to the Far East for high Alpha cellulose dissolving pulps for rayon fiber, cellulose derivatives (chemicals for food and pharmaceutical applications). The mill officially began producing on May 21. Not particularly large by today's standards the mill can produce 140,000mt/year
A First: Converting Paper Grade Pulp Into High Purity Dissolving Pulp
May 21, 2011
Dissolving pulp is a high purity, low yield pulp produced by only a limited number of traditional speciality mills. Now Avilon, part of Neo Industrial Viscose fibers, has successfully developed the means of converting 85+ Alpha Cellulose papergrade pulp into 94+ Alpha dissolving pulp. They are patenting this revolutionary process with the intention of licensing it globally. Conceivably this could put an end to the DP shortage and bring prices down from their present $2200/mt spot level
Liberty Media makes $1 Billion offer for Barnes & Noble
May 21, 2011
Liberty Media makes $1 Billion offer for Barnes & Noble | akbaspost.blogspot.com
According to Financial Times, Liberty Media has offered to buy Barnes & Noble, the struggling US bookseller, for $1 billion, in an unexpected deal that would significantly diversify Liberty’s holdings.
Microsoft to Roll Dice with $8.5 Billion Skype Deal
May 10, 2011
Microsoft to Roll Dice with $8.5 Billion Skype Deal | bit.ly
In an unprecedented move, Microsoft Corp. agreed to buy Internet phone company Skype Technologies SA for $8.5 billion in cash—the most aggressive move yet by Microsoft to play in the increasingly converged worlds of communication, information and entertainment.
Selling Magazine Subscriptions on Mobile Devises
May 10, 2011
Condé Nast to Sell Subscriptions on iPad | www.digidaydaily.com
This analysis deals with the use of mobile devises to sell magazine subscriptions, changes in revenue models, the good and bad points of going after this type of audience.
Fibria's 1Q11 Reports Shows Impressive Results
May 4, 2011
Most impressive was their cash costs for market pulp of R$446/mt down 1% compared to 2010 average...this in spite of higher wages, chemical and maintenance/supplies costs. Net Income was R$389 million vs. 4Q10's $162 million and 1Q10's R$9 million. Fibria declared a dividend in the amount of R$264 million. Significantly higher earnings can be expected over the next 18 months.Net debt was reduced 19% qtr on qtr and 27% year on year.
China Gains On The US But Still #2 Paper Producer
May 3, 2011
China surged in March buying 951,000mt - 65% more than in February and 35.5% over 1Q2010. With this increased demand China was forced to pay more for NBSK (i.e. $80/admt). From 2005-2010 China's paper and board production grew by 30-31 million mt while US production declined by 9.2 million mt. Containerboard was the largest segment at 53.4 million mt with graphic papers and tissue following at 34.37 million mt. Total annual capacity is now 100 million mt.
Lexmark: Is It Finally Game Over?
April 26, 2011
Lexmark: Is It Finally Game Over? | akbaspost.blogspot.com
Lexmark has missed the boat on many fronts; The office products industry has been consolidating rapidly due to oversupply of commodity products offered at incredibly low prices particularly in the low to medium segment. Lexmark does’t have deep financial pockets, secured customer access in new markets particularly in non-US and emerging economies, a credible footprint of managed print services capabilities and captive channels of distribution.
Autonomy Q1 Results - Revenue Ahead of Consensus, Earnings Light
April 21, 2011
Autonomy Q1 Results - Revenue Ahead of Consensus, Earnings Light | autonomy.com
Autonomy, a leading vendor in the high-growth markets of Enterprise Search, eDiscovery and Content Management., has announced a strong quarter with good growth in revenue, profits and other key metrics today. Revenues were $220 million ahead of consensus $216 million, PBT (adj.) $95 million ahead of consensus $90 million, operating margin (adj.) 43% vs consensus 42%.
Xerox Q2 Results Average, but Upside Catalysts Remain Elusive Despite ACS
April 21, 2011
Xerox Q2 Results Average, but Upside Catalysts Remain Elusive Despite ACS | news.xerox.com
After announcing its Q2 results today, Xerox was trading at $10.22 a share after dropping more than 5% on intensifying competition, slowing industry wide unit volume growth, continued mix shift towards lower-margin services contracts and incremental supply chain costs (particularly in 2Q) related to Japan to pressure near-term results. We are working on a very detailed assessment of the company, trends in the technology business, update on ACS merger and its outlook for 2011.
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