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This is from there web site
http://investor.smurfit.com/phoenix.zhtml?c=75794&p=irol-newsArticle&ID=1247907&highlight=
Press Release
HomeInvestor HomePress Release
Smurfit-Stone Files for Reorganization in U.S. and Canada
- Expects a significant improvement in capital structure to support future growth and profitability
- Operations to continue as usual at all facilities
- $750 million in new financing provides ample liquidity
CREVE COEUR, Mo. and CHICAGO, Jan. 26 /PRNewswire-FirstCall/ -- Smurfit-Stone Container Corporation (Nasdaq: SSCC) today announced that it and its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court in Wilmington, Delaware. The Canadian subsidiaries will also file to reorganize under the Companies' Creditors Arrangement Act (CCAA) in the Ontario Superior Court of Justice in Canada.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070129/SMURFIT-STONELOGO)
The Company plans to use this process to restructure its debt, resulting in a capital structure more suited to support its long-term growth and profitability. The Company's normal day-to-day operations will continue without interruption. Smurfit-Stone remains completely focused on serving its customers.
The Company also announced that, pending Court approval, it has received commitments for up to $750 million in debtor-in-possession (DIP) financing to fund continuing operations. Of this total, $350 million consists of new incremental funding; approximately $400 million represents replacement of existing Accounts Receivable Securitization facilities both in the U.S. and Canada. The DIP financing will enable the Company to continue to satisfy customary obligations associated with ongoing operations of its business, including payment of employee wages and benefits in the ordinary course, and payment of post-petition obligations to vendors under existing terms.
Patrick J. Moore, chairman and CEO, said, "Over the past decade, we built one of North America's premier containerboard and packaging companies. But, our financial performance has not reflected the full potential of our earnings power due to higher cost operations and burdensome debt levels dating back to the original formation of the company. As a result of our three-year transformation program, we have been focused on improving our operating performance and our operations are now well invested and far more cost effective.
"Yet, the acceleration of the unprecedented global economic recession has weakened demand for packaging, and the frozen credit markets have prevented an out-of-court refinancing of our capital structure. While this is not the outcome we anticipated, we are taking this action to become a more financially healthy company.
"This combination of a modern, cost-effective operating platform and a reorganized capital structure through Chapter 11 will represent a new beginning for Smurfit-Stone. I am confident that we will emerge a much stronger company structured for future growth and greater profitability."
All operations outside of the U.S. and Canada are excluded from this process and none of Smurfit-Stone's subsidiaries or operations outside of the U.S. and Canada commenced Chapter 11, CCAA or similar proceedings.
Smurfit-Stone has filed a variety of customary first day motions with the Court in Delaware and will seek an initial order in the Canadian proceedings, which will help enable it to continue to conduct business as usual while it completes its restructuring.
Smurfit-Stone's legal advisor is Sidley Austin LLP; its Canadian counsel is Stikeman Elliott LLP; and its financial advisor is Lazard.
More information about Smurfit-Stone's reorganization is available on the Company's website at www.smurfit-stone.com. Employee, retiree, customer and supplier inquiries can be made at 877-264-9638. If outside of the U.S. and Canada, inquiries can be made at 503-597-7694.
Smurfit-Stone Container Corporation is one of the industry's leading integrated containerboard and corrugated packaging producers and is one of the world's largest paper recyclers. The company is a member of the Sustainable Forestry Initiative(R), and the Chicago Climate Exchange. Smurfit-Stone generated revenue of $7.4 billion in 2007, has led the industry in safety every year since 2001, and conducts its business in compliance with the environmental, health, and safety principles of the American Forest & Paper Association
SOURCE Smurfit-Stone Container Corporation
-0- 01/26/2009
/CONTACT: Sue Neumann, +1-314-656-5691, John Haudrich, +1-314-656-5375,
both for Smurfit-Stone Container Corporation; or Michael Freitag|Andrea
Calise, Kekst and Company, +1-212-521-4800/
Smurfit-Stone files for chapter 11 bankruptcy
I guess they were right
Smurfit-Stone files for chapter 11 bankruptcy
Mon Jan 26, 2009 2:17am EST
Jan 26 (Reuters) - Smurfit-Stone Container Corp (SSCC.O), a major corrugated packaging maker, said its U.S. and Canadian operations filed for chapter 11 bankruptcy protection to restructure its debt.
The integrated manufacturer of paperboard and paper-based packaging has total assets of about $7.45 billion and total debt of about $5.58 billion as of Sept. 30, 2008, the company said in its filing with the U.S. Bankruptcy Court in Delaware.
The company said, pending court approval, it has received commitments for up to $750 million in debtor-in-possession (DIP) financing to fund continuing operations.
Of this total, $350 million consists of new incremental funding and about $400 million represents replacement of existing accounts receivable securitization facilities both in the United States and Canada, the company said in a statement.
The company said it will also file to reorganize under the Companies' Creditors Arrangement Act (CCAA) in the Ontario Superior Court of Justice in Canada.
Smurfit-Stone said its normal day-to-day operations will continue without interruption and all its operations outside of the United States and Canada are excluded from the bankruptcy process. (Reporting by Bijoy Koyitty in Bangalore; Editing by David Holmes)
Smurfit-Stone files for chapter 11 bankruptcy
Mon Jan 26, 2009 2:17am EST
Jan 26 (Reuters) - Smurfit-Stone Container Corp (SSCC.O), a major corrugated packaging maker, said its U.S. and Canadian operations filed for chapter 11 bankruptcy protection to restructure its debt.
The integrated manufacturer of paperboard and paper-based packaging has total assets of about $7.45 billion and total debt of about $5.58 billion as of Sept. 30, 2008, the company said in its filing with the U.S. Bankruptcy Court in Delaware.
The company said, pending court approval, it has received commitments for up to $750 million in debtor-in-possession (DIP) financing to fund continuing operations.
Of this total, $350 million consists of new incremental funding and about $400 million represents replacement of existing accounts receivable securitization facilities both in the United States and Canada, the company said in a statement.
The company said it will also file to reorganize under the Companies' Creditors Arrangement Act (CCAA) in the Ontario Superior Court of Justice in Canada.
Smurfit-Stone said its normal day-to-day operations will continue without interruption and all its operations outside of the United States and Canada are excluded from the bankruptcy process. (Reporting by Bijoy Koyitty in Bangalore; Editing by David Holmes)
This is not an Anti Bush statement its just sharing knowledge of our National Parks which I feel is very important Edward if this is inappropriate for your board I will not post this stuff anymore and will just stick to stock related materials.
Just PM me and let me know
Bush legacy leaves uphill climb for U.S. parks, critics say
Mark Boster / Los Angeles Times
January 25, 2009
Reporting from Arches National Park, Utah -- Kate Cannon gazed across the high red desert to the snowy La Sal Mountains rising in sharp relief at the horizon. That view of uninterrupted nature is what draws nearly a million yearly visitors to this remote part of southeast Utah.
"Look at the mountains," said Cannon, superintendent of Arches and neighboring Canyonlands national parks. "You can see them. Part of the majesty of this country is the grand sweeping views. The visitors do love it."
Cannon has been focusing on this view after the federal Bureau of Land Management decided in November to auction oil and gas leases on 360,000 acres of public land in Utah, including 93 parcels on or near the boundaries of these parks and nearby Dinosaur National Monument.
The leasing decision was put on hold by a judge Jan. 17, after protests from the park service and environmentalists who complained that the view from the famed sandstone arches and spires would be despoiled by the new roads, heavy equipment, drilling platforms and veil of dust that would accompany the exploration for fossil fuels.
But it is only a temporary victory on the heels of what some in the park service see as a string of defeats in which the nation's parks often acquiesced to the encroachment of commercial interests and energy projects during the eight years of the Bush administration. Among the recently approved projects is a uranium mine two miles from a Grand Canyon visitors center.
Critics of the Bush administration -- former park directors among them -- say its emphasis on commerce over conservation left a legacy that the national parks could be grappling with for decades to come.
Though some of President Bush's actions could be erased with a stroke of his successor's pen, other policies, such as exploration and drilling leases, could take months or years of costly effort to undo -- and would probably be subject to legal challenges.
A hint of the new administration's approach came on President Obama's first day in office, when he put on hold a number of controversial, last-minute environmental rules rushed in by Bush administration officials.
Current and former officials say the National Park Service has taken an unaccustomed back seat to its sister agency, the Bureau of Land Management, which began calling the shots on public lands. The BLM handles the bulk of federal oil and gas leasing that Bush said was key to increasing the nation's energy independence.
"The agency has been demoralized; the employees of the National Park Service have been beaten down," said Bill Wade, former superintendent at Shenandoah National Park and cofounder of a park service retirees group that has been critical of the Bush administration. "The feeling is that their professional expertise and judgment hasn't counted for much; their scientific and research experience hasn't contributed to decisions."
Interviews and reports from the Interior Department's inspector general show a department in disarray.
Some park service veterans are waiting to see what transpires under Obama's Interior secretary, former Sen. Ken Salazar (D-Colo.). In his first message to employees last week, Salazar said he would stress stewardship and conservation on the nation's 630 million acres of public land.
"If we get lucky and we have a good strong National Park Service director, a lot of this can be reversed quite quickly," said Roger Kennedy, a former park service director and director emeritus of the National Museum of American History.
The leading contender to head the park service appears to be respected agency veteran Jon Jarvis, the Pacific regional director based in Oakland.
Interior spokesman Chris Paolino denied that the department has favored the BLM over the park service.
"There has been and continues to be a great commitment to work cooperatively, with input from all agencies, particularly the National Park Service, with issues of air and water quality surrounding the parks," Paolino said. "That cooperation will continue to be strong."
Bush spoke glowingly of the 84-million-acre park system. As a presidential candidate in 2000 and 2004, he pledged to eliminate the service's nearly $5-billion maintenance backlog by 2005; the most recent estimate to repair and upgrade the nation's parks is $8.7 billion.
Still, the Bush administration managed to keep the park service budget intact, Paolino said. "The park service has the largest operating budget in its history, and that's because of the president."
Beyond issues of infrastructure, former Interior officials and park service directors from both parties say Bush left behind a demoralized department.
Beginning in 2004, Interior's inspector general cited a "culture of fear" and of "ethical failure," and in one report concluded: "Simply stated, short of a crime, anything goes at the highest levels of the Department of Interior."
Following orders from Washington, BLM offices around the West worked to accelerate the pace of domestic energy production and won key concessions that placed oil and gas projects near and within national parks.
Interior veterans said ratcheting down the BLM's power to overrule the park service could be accomplished only by new rules of engagement set out by Salazar.
Some park service veterans argue that commercial projects crowding parks violate the 1916 Organic Act, which mandated that parks' air, water and other resources be preserved "unimpaired" for future generations.
"You cannot save parks, you cannot meet the mandate of the Organic Act simply by managing within park boundaries," said Denis Galvin, a 38-year park service veteran who was the agency's acting director during Bush's first year. "So, oil and gas leases next to Arches -- you've got to have some say what goes on outside parks."
The first blow to parks, critics say, came in the early months of the Bush administration, when Interior overturned the Clinton-era ban on snowmobiles in Yellowstone National Park. The issue has ping-ponged around the courts the last eight years, with judges repeatedly ruling that snow machines impair park resources.
In another controversial act, a Bush appointee, Deputy Assistant Secretary of Interior Paul Hoffman, tried to weaken environmental rules and allow more commercial enterprises in parks. Interior backed away from most of the proposed changes, but Wade, of the park service retirees group, said the episode was telling.
"It was a boldfaced attempt to change the mission of the National Park Service," Wade said, adding that the Obama administration -- by its selection of a parks chief -- could reaffirm the agency's dedication to preservation.
More recently, Bush appointees approved a rule change allowing visitors to carry concealed weapons in parks -- a decision decried by every living former park service director, the agency's law enforcement employees and members of the public who sent comments.
All of this occurred as visitation declined and soul searching began about how to make parks more attractive to an increasingly multicultural society, a task that will continue under the Obama administration.
"I think that we've had to expend tremendous energy over the last few years defending the parks and rejustifying their importance to the country," said Stephen Martin, superintendent at Grand Canyon.
But some say the most challenging task for new park officials will be to restore confidence to the battered agency.
"When you look at the cumulative effect of all of these things," Wade said, "it's going to take a long time to dig out from under the rubble."
You get a member mark, nice DD, but you are right the same people seem to fall for the same high profit promises,( I fell for it more than once) the thing that kills me when someone tries to tell people that they should watch out for a company that they are investing in you are labeled a basher, such as whats going on the MODC board and Anthony Welch another big time scam
found this interesting
Little secrets of 'out-of-business' sales
Do 'closeout' sales mean the lowest prices? Not always. And where did all that extra merchandise come from?
By Parija B. Kavilanz, CNNMoney.com senior writer
Last Updated: January 23, 2009: 5:27 PM ET
NEW YORK (CNNMoney.com) -- They're seen as either big-time bargains or big-time scams. What really goes on at a "going-out-of-business" sale is something in between, according to experts.
"Consumers think this is the time for bargains. That's not true," said George Whalin, president and CEO of Retail Management Consultants.
Thousands of retail stores are expected to disappear in 2009. But most big chains don't run those out-of-business sales themselves - Linens 'N Things, Whitehall Jewelers and, most recently, Circuit City, all hired liquidation firms to handle the process for them.
The liquidator buys the merchant's inventory and sets final clearance sales. They guarantee the store's creditors a payment upfront, and need to sell enough merchandise to recoup money for themselves.
"Would I love to offer a 60% discount and be out in two weeks? Yes. But it's not likely," said Jim Schaye, CEO of Hudson Capital Partners LLC, one of four firms managing the liquidation of electronic retailer Circuit City.
He said he and the other liquidators needed a "fairly sizeable" recovery in order to help Circuit City repay its creditors.
"We want to make sure everything is fairly priced," he said. "Do we get it right every time? No."
Because the liquidators don't want to lose money, it's not uncommon for clearance sales to begin at 10% to 30% off for the first few weeks, with deeper discounts staggered over the period closer to the end of the closeout sale.
However, Whalin said liquidators sometimes set those discounts based on manufacturers' prices - which can be 10% to 15% higher - rather than the price at the store when it closed.
Consequently, he said, consumers could end up paying more than they would have just before the "out-of-business sales" signs went up.
"This isn't necessarily right. It's almost a scam and there's nothing illegal about it," said Marshal Cohen, chief retail analyst with NPD Group. "Buying at a liquidation really is caveat emptor."
Cohen's suggestion to consumers: "You'll get the absolute best prices a week before [a retailer's] liquidation sale start." Assuming you can get to the liquidating store ahead of the sale.
Andy Gumaer, CEO of Great America Corp., which also is handling Circuit City's liquidation, said his company is setting discounts off the store's price prior to liquidation. He said he would honor prices in Circuit City's final sales circular.
Liquidators looking to make a few extra bucks sometimes sneak in goods that aren't part of the merchant's original inventory and add it to the mix, according to Whalin.
"This happens frequently in furniture liquidation sales," he said.
Hudson Capital's Schaye, who was involved in closing out Mervyns and Linens 'N Things stores, said he's aware of stores that added merchandise, but that he personally "doesn't like the practice."
Cohen said liquidators also go all out to make products less identifiable as "refurbished" or "previously opened."
"Just be aware of that because most liquidation sales are final," Cohen said.
One thing common to liquidation sales is that the discounts grow as the liquidators near the deadline for closing the stores.
"Anyone who has looked at liquidation sales knows that they are staggered over time," said Edgar Dworksy, a consumer advocate and editor of Consumerworld.org. "This isn't new."
He advised consumers to do their research. "Is a 10% discount at Circuit City better than anything else out there? Don't buy if it's not because you have zero percent return rights [in a liquidation]," he warned.
In general, Dworsky cautioned that he wouldn't "put anything past liquidators" when it comes to "playing a game with pricing."
Gumaer's advice to bargain hunters is that they have to decide themselves when to bag a deal.
"You have to take a chance. You can wait for better discounts, but the product may not be there," he said. "In truth, consumers dictate the discounts. If products aren't selling, we'll go deeper."
this is a link to the pre market buys
http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?selected=VIAP&mkttype=pre
nice find kitty, worth way more than .06, if this hits I'll be taking me and my kids on a vacation to Hawaii
nice finish I new this is to good to hold back close 2.91 up .06
NICE
SSCCP up today also .06, on only 131693 SH traded
heck yea, more the merrier
nice board, board marked and member mark I like the transparency here
I am hoping for the Obama affect, he reversing all the stem cell research bans, and it good for all the Bio techs and pharmaceutics
if this gets near .06 I'll buy more
I have a little dry powder tempted to use it
I see that
a little profit taking going on
One step at a time
.08 are comming
you must call your broker same on scottrade
put a small buy order in @ .057 no takers
this a link to the pre-market buys
http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?selected=VIAP&mkttype=pre
Nice, lots of potential, like to see a PR soon
Who's that pic of if in your profile you don't mind me asking
something is cooking!
bid .22 ask .2499
4200 @ .45 buy
AW is selling shares does it all the time, I got burned by him before holding 2606 shares @ .46 average do ya think I'll ever see that money again
another good site
http://www.fraudwatchers.org/
nice booked marked that site, always looking how to help my fellow vets
I once got hit by a Bra nearly took my eye out, but since I wasn't wearing safety googles I couldn't get Workmans Comp.
Thought you all might need a little smile this morning, some not so serious news
Akron man sues strip club after being hit by flying shoe
Posted by The Associated Press January 22, 2009 07:17AM
AKRON --
A northeast Ohio man who was smacked in the nose by a stripper's platform-style shoe is suing a nightclub for $25,000 over injuries he says will require surgery.
Yusuf Evans says in a lawsuit filed Tuesday that he was seated near the stage at the XTC nightclub in Akron last year while a stripper nicknamed "Tiara" performed her routine.
Evans says demonstrative kick caused the stripper's 1970s-style thick-heeled shoe to fly from her foot and into his face. He says he's had trouble breathing ever since.
Evans' lawsuit in Summit County Common Pleas Court says XTC management allowed dancers to wear improper attire and required strippers to perform dances that made the stage "a hazardous area."
Evans says he doesn't normally frequent strip clubs, but made an exception when a cousin visited.
Calls to the club seeking comment went unanswered Wednesday night
Akron man sues strip club after being hit by flying shoe
Posted by The Associated Press January 22, 2009 07:17AM
AKRON --
A northeast Ohio man who was smacked in the nose by a stripper's platform-style shoe is suing a nightclub for $25,000 over injuries he says will require surgery.
Yusuf Evans says in a lawsuit filed Tuesday that he was seated near the stage at the XTC nightclub in Akron last year while a stripper nicknamed "Tiara" performed her routine.
Evans says demonstrative kick caused the stripper's 1970s-style thick-heeled shoe to fly from her foot and into his face. He says he's had trouble breathing ever since.
Evans' lawsuit in Summit County Common Pleas Court says XTC management allowed dancers to wear improper attire and required strippers to perform dances that made the stage "a hazardous area."
Evans says he doesn't normally frequent strip clubs, but made an exception when a cousin visited.
Calls to the club seeking comment went unanswered Wednesday night
e-kit from FITH nice place to start your DD
conference call at 8:30am hope all is well, if it is maybe we will go up
For your convenience, we have created interactive editions of several investor documents and packed them into this e-kit. These interactive documents are designed for comfortable reading and easy navigation. The search features help you find what you need, and the print features yield sharp, clear text. You can also download an optimized PDF edition of any document, for off-line reading and printing.
http://thomson.mobular.net/thomson/7/2577/3051/
Obama retakes oath of office
WASHINGTON (CNN) -- President Obama retook his oath of office Wednesday after Chief Justice John Roberts flubbed while delivering it at Tuesday's inauguration.
President Barack Obama takes the oath of office -- his second in two days -- in the White House on Wednesday.
1 of 2 The second oath -- also administered by Roberts -- took place at 7:35 p.m. Wednesday in the White House's Map Room. Roberts asked Obama whether he was ready.
"I am, and we're going to do it very slowly," Obama replied.
The do-over was aimed at dispelling any confusion that might arise from Tuesday's take -- in which "faithfully" was said out of sequence -- and erase any question that Obama is legally the president.
However, per the Constitution, Obama became president at noon Tuesday without taking the oath.
"We believe that the oath of office was administered effectively and that the president was sworn in appropriately yesterday," White House counsel Greg Craig said Wednesday in a written statement.
"But the oath appears in the Constitution itself. And out of an abundance of caution, because there was one word out of sequence, Chief Justice Roberts administered the oath a second time," the statement read. Watch Tuesday's oath »
On Tuesday, Roberts, apparently working without a copy of the oath handy on the Capitol steps, started out by reciting a six-word phrase, but Obama broke in halfway through and repeated the first three.
That seemed to throw the chief justice off stride, and he proceeded to mix up the order of the words in the next phrase.
The Constitution sets out the language that should be used in the oath: "I do solemnly swear (or affirm) that I will faithfully execute the Office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States."
Roberts moved the word "faithfully" back nine spots, and used "to" instead of "of." That threw the president off base, and he smiled and paused to collect his thoughts, then decided to follow Roberts' lead.
But the chief justice at the same time attempted to correct himself.
Here's how Tuesday's oath went:
Roberts: ... that I will execute the office of president to the United States faithfully ...
Obama: ... that I will execute ...
Roberts: ... the off -- faithfully the pres -- the office of president of the United States ...
Obama (at the same time): ... the office of president of the United States faithfully ...
The two got the rest correct, including the nonobligatory "So help you God?" "So help me God."
Reporters, bloggers and others weighed in on the flub. The New York Post offered this headline: "Roberts is the Oaf of Office."
A Washington Post reader complained in a letter to the editor: "What could have been a moment for the ages was marred by Mr. Roberts' thoughtlessness. News outlets will report that the first words of our new president were "confused." Whether through design or an amazing lack of preparation, Justice Roberts's behavior was a disgrace."
And Fox News anchor Chris Wallace said: "We're wondering here whether or not Barack Obama in fact is the president of the United States. They had a kind of garbled oath. It's just conceivable that this will end up going to the courts."
In a congressional luncheon after Tuesday's swear-in, Roberts and Obama exchanged words, and the chief justice appeared to tell the president, "It was my fault."
Before Wednesday's do-over at the White House, Obama, waiting on a couch, joked that "we decided it was so much fun ... "
Though a Bible was used in Tuesday's oath, one was not used for Wednesday's.
After a flawless recitation, Roberts smiled and said, "Congratulations again."
"Thank you, sir," the president replied. After a smattering of applause, Obama quipped that "the bad news for the [press] pool is there's 12 more balls."
Roberts has made no public comment on becoming tongue-tied Tuesday.
no more misspelled words again try this download and than before you post just right click and hit the check spelling option
http://www.iespell.com/download.php
to funny
another Packaging Company
Packaging Corp. expects 4Q earnings to fall short
http://www.chicagotribune.com/business/chi-biz-packaging-corp-earnings-preview-jan19,0,2981750.story
expects 4Q earnings to fall short
By James P. Miller | Tribune staff reporter
3:49 PM CST, January 19, 2009
When Packaging Corp. of America reports its fourth-quarter results tomorrow afternoon, the results will offer new evidence of how the U.S. economy's tailspin is taking a toll across almost every sector.
The Lake Forest company, which calls itself the nation's fifth-largest producer of cardboard boxes and corrugated packaging products, warned investors six weeks ago that demand for containerboard and corrugated products was proving to be "significantly lower than expected" in the year's final quarter. As a result, it said, fourth-quarter earnings would fall short of earlier projections.
PCA didn't offer any new guidance when it issued its early-December caution. But analysts subsequently marked their profit projections down from 35 cents a share to 25 cents; that's well below the year-ago quarter, when PCA turned in strong earnings of $44 million, or 42 cents a share.
PCA isn't the only packaging company facing profit pressure. Because factories ship the products they make in corrugated containers, demand for corrugated boxes rises and falls in concert with the output of the nation's manufacturing sector.
With North American manufacturers now mired in a deep slump, the squeeze is on: debt-heavy packaging producer Chesapeake Corp. filed for Chapter 11 bankruptcy protection three weeks ago, and concerns about the financial state of another PCA rival, debt-heavy Smurfit-Stone Container Corp., have driven the trading price of Smurfit shares down to just a few pennies.
Packaging Corp. of America, which is saddled with less debt and has more operating flexibility in terms of production inputs, has been buffeted to a lesser extent.
Over the past six months, as packaging-industry conditions have weakened, Smurfit-Stone Shares have lost well over 90 percent of their value, while PCA closed Friday at $13.33 on the New York Stock Exchange.
In an industry where most players strive to grow and benefit from economies of scale, Packaging Corp. is an "anomaly," Morningstar analyst Daniel Rohr noted in recent commentary, because it is "far from the biggest corrugated box maker in the U.S., but it's one of the most profitable."
jpmiller@tribune.com
They have a conference call scheduled for tomorrow, plan to buy more today this is a stable bank just caught up in all this banking mess
https://www.53.com/wps/portal/news/?New_WCM_Context=/wps/wcm/connect/FifthThirdSite/About+53/In+the+News/Press+Releases/2009/Press+Release+010709
we will see this stock has been a dog for a loooooooooong time
the CEO is a, well lets just hope this time
Outstanding Shares
102,959,484 as of Sep 29, 2008
Authorized Shares
150,000,000 as of Jan 17, 2008
Company Notes
Note=8-1-07 charter revoked by the Secretary of State of the State of Nevada
PINK SHEETS INFO
in @4.71