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Latest Great Lakes Paper Stories

2009-04-16 10:53:25

The Toronto Stock Exchange halted trading Thursday on paper giant AbitibiBowater Inc. after the company filed for Chapter 11 bankruptcy protection in Delaware. The company, which has headquarters in Montreal, is grappling with $4.7 billion in debt in its Canadian Abitibi and U.S. Bowater divisions.

2009-03-02 14:33:00

US$ ABH (NYSE, TSX) MONTREAL, March 2 /PRNewswire-FirstCall/ - AbitibiBowater Inc.

2008-12-04 08:00:00

US$ ABH (NYSE, TSX) - Curtails Paper Production Capacity by 1 Million Metric Tons - Projects $375 Million in Annualized Synergies in 2008, One Year Ahead of Plan - Initiates a Further 20% Reduction in SG&A Costs in 2009 MONTREAL, Dec.


Word of the Day
postliminy
  • In Roman antiquity, the return of a person who had been banished, or taken prisoner by an enemy, to his old condition and former privileges.
  • In international law, that right by virtue of which persons and things taken by an enemy in war are restored to their former status when coming again under the power of the nation to which they belonged.
The word 'postliminy' comes from a Latin word meaning 'threshold'.