Commercial Printing News

“This gives everyone something to price off of. This is very favorable for companies that have been waiting to sell these assets.”

BlackRock Inc.'s deal to buy a portfolio of subprime mortgage debt from UBS AG for $15 billion may have helped set a market-clearing price for such assets. via On Wall Street

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“Since its creation in 2004, Acquizition.biz has proven to be a cost effective tool for its more than 40,000 members who wish to buy and sell small and medium sized businesses”

"Transcontinental is committed to serving targeted communities of interest - in this case business people, and more specifically entrepreneurs," Pierre Marcoux, vice-president of business publications and book ... via The Globe and Mail

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“I believe the combination of falling home prices, rising food and energy prices and higher unemployment will result in a pull back on the part of the U.S. consumer, which will continue to exert a drag on the economy over the next 6-12 months”

MUMBAIThe U.S. credit crisis is easing and the risk in its housing market is dramatically lower now, but economic growth will remain under pressure over the next year, the chief executive of Merrill Lynch & Co ... via The Toronto Star

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“We are pleased with our first-quarter performance”

R.R. Donnelley & Sons Co. reported a 31 percent jump in first-quarter net earnings, but excluding one-time items the Chicago commercial-printing giant's underlying profits grew at a slower rate. via Chicago Tribune

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“We are pleased and honored to have been selected as 'Supplier of the Year'by the Allegra Network franchise members”

Allegra Network, with more than 600 locations worldwide specializing in print and graphic communications under the brand names of Allegra Print & Imaging, American Speedy Printing Centers, Insty-Prints and ... via Quick Printing

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“The next problem area will be those financial institutions who have large exposures to consumer-related debt: home equity loans, auto-loan receivables, credit-card receivables. And they would be primarily regional US banks”

Merrill Lynch & Co Inc sees no need for more capital as the subprime crisis nears an end, but expects U.S. banks with large exposure to consumers to be the next problem area, its chief executive told a ... via Reuters

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Merrill Lynch & Co. said Monday it named Peter Kraus executive vice president in charge of the investment bank's business strategy and investments. via Crain's New York Business

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“Consumer discretionary often does well in the early part of a cycle”

This time it was May, not March, that came in like a lion. Major stock indexes rallied on Thursday, led by technology issues. via BusinessWeek

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Rite, Incorporated along with recently acquired Pantone, Inc. has introduced ColorMunki, said to provide photographers and designers new technological advances that address core issues of color creation, ... via Shutterbug

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“But we can try to help the people.”

A Montreal-based printing company announced Thursday it will shut its North Haven plant, laying off nearly 350 workers as part of a restructuring program begun three years ago. via Hartford Courant

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