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leute was hier los ???
hammer volumen
hammer volumen
Antwort auf Beitrag Nr.: 36.315.725 von axcol am 06.01.09 16:09:13Moin auch
aber Bitte doch
hier kommen sicher noch hammer news
aber Bitte doch
hier kommen sicher noch hammer news
Moin!
Welche Art von News erwartet ihr?
Welche Art von News erwartet ihr?
Antwort auf Beitrag Nr.: 36.315.928 von Exploser am 06.01.09 16:22:20ja wenn wir das wüßten auf jeden fall ist der volumen der hammer
Trading Spotlight
Antwort auf Beitrag Nr.: 36.315.725 von axcol am 06.01.09 16:09:13mal schauen was die amis noch machen denn kurs zu drücken
Hallo zusammen 
hatte heute nen guten Tag erwischt
smurfit sieht ja auch lecker aus
smurfit sieht ja auch lecker aus
Antwort auf Beitrag Nr.: 36.319.053 von Wehlofant am 06.01.09 20:58:15SK 0,43 usd
denke das da noch was kommt volumen war auch der hammer
denke das da noch was kommt volumen war auch der hammer
wer verkauft unter den wert
UPDATE 2-MeadWestvaco to cut 2,000 jobs
(Adds background, analyst comment)
NEW YORK, Jan 15 (Reuters) - MeadWestvaco Corp (MWV.N) plans to cut 2,000 jobs, or about 10 percent of its workforce, in a bid to lower costs in the face of a widening global recession, the packaging maker said on Thursday.
The company said it expected to complete about 800 of the job reductions by the end of the first quarter. It also announced plans to close or restructure 12 to 14 of its manufacturing locations.
MeadWestvaco, which makes plastic and cardboard packaging products, has suffered from a sharp decline in consumer spending on electronics, personal care products and other goods.
Sales at U.S. retailers fell 2.7 percent in December, government data showed on Wednesday, as spiraling job losses and a deteriorating economy led to lower spending in the holiday period.
Last month, plastic bottle maker Constar International and packaging maker Chesapeake Corp both filed for Chapter 11 bankruptcy protection amid weakening demand and crippling debt payments.
Late on Wednesday, The Wall Street Journal reported that box maker Smurfit-Stone Container Corp (SSCC.O) had told lenders that it could file for bankruptcy amid weakening sales and a cash crunch.
MeadWestvaco said Thursday's actions accelerated its longer-term plan begun last year to reduce overhead and streamline manufacturing.
"We continue to believe MWV has a strong balance sheet to weather the downturn, with good cash flows and a secure dividend," Soleil analyst Anna Torma said in a research note. (Reporting by Euan Rocha; Editing by Lisa Von Ahn)
http://www.reuters.com/article/marketsNews/idINN153818362009…
(Adds background, analyst comment)
NEW YORK, Jan 15 (Reuters) - MeadWestvaco Corp (MWV.N) plans to cut 2,000 jobs, or about 10 percent of its workforce, in a bid to lower costs in the face of a widening global recession, the packaging maker said on Thursday.
The company said it expected to complete about 800 of the job reductions by the end of the first quarter. It also announced plans to close or restructure 12 to 14 of its manufacturing locations.
MeadWestvaco, which makes plastic and cardboard packaging products, has suffered from a sharp decline in consumer spending on electronics, personal care products and other goods.
Sales at U.S. retailers fell 2.7 percent in December, government data showed on Wednesday, as spiraling job losses and a deteriorating economy led to lower spending in the holiday period.
Last month, plastic bottle maker Constar International and packaging maker Chesapeake Corp both filed for Chapter 11 bankruptcy protection amid weakening demand and crippling debt payments.
Late on Wednesday, The Wall Street Journal reported that box maker Smurfit-Stone Container Corp (SSCC.O) had told lenders that it could file for bankruptcy amid weakening sales and a cash crunch.
MeadWestvaco said Thursday's actions accelerated its longer-term plan begun last year to reduce overhead and streamline manufacturing.
"We continue to believe MWV has a strong balance sheet to weather the downturn, with good cash flows and a secure dividend," Soleil analyst Anna Torma said in a research note. (Reporting by Euan Rocha; Editing by Lisa Von Ahn)
http://www.reuters.com/article/marketsNews/idINN153818362009…
Smurfit tells lenders bankruptcy is possible- WSJ
Thu Jan 15, 2009 12:55am EST
Jan 15 (Reuters) - Smurfit-Stone Container Corp (SSCC.O), a major corrugated packaging maker, has told lenders it could file for bankruptcy amid weakening sales and a cash crunch, the Wall Street Journal said, citing people familiar with the matter.
The company has hired bankruptcy counsel and financial advisers in an effort to line up about $750 million in debtor-in-possession (DIP) financing, the paper said citing the people.
Companies use DIP financing to help them fund operations while they restructure debt.
A Chapter 11 filing for protection from creditors could come within two weeks, once the company secures the financing, the paper said.
A company spokeswoman declined to comment to the Journal about a potential bankruptcy filing. Smurfit-Stone could not be immediately reached for comment by Reuters.
The company has a $7.3 million interest payment due later this week, but it was unclear it was going to make the payment, the people told the paper.
The company has about $3.5 billion in outstanding debt and roughly $7.5 billion in annual sales, according to the paper.
It has about $316 million in debt payments due this year and also also needs to refinance a $800 million revolving credit line due in November, the Journal said. (Reporting by Ajay Kamalakaran in Bangalore; Editing by Lincoln Feast)
http://www.reuters.com/article/marketsNews/idINBNG3843622009…
Thu Jan 15, 2009 12:55am EST
Jan 15 (Reuters) - Smurfit-Stone Container Corp (SSCC.O), a major corrugated packaging maker, has told lenders it could file for bankruptcy amid weakening sales and a cash crunch, the Wall Street Journal said, citing people familiar with the matter.
The company has hired bankruptcy counsel and financial advisers in an effort to line up about $750 million in debtor-in-possession (DIP) financing, the paper said citing the people.
Companies use DIP financing to help them fund operations while they restructure debt.
A Chapter 11 filing for protection from creditors could come within two weeks, once the company secures the financing, the paper said.
A company spokeswoman declined to comment to the Journal about a potential bankruptcy filing. Smurfit-Stone could not be immediately reached for comment by Reuters.
The company has a $7.3 million interest payment due later this week, but it was unclear it was going to make the payment, the people told the paper.
The company has about $3.5 billion in outstanding debt and roughly $7.5 billion in annual sales, according to the paper.
It has about $316 million in debt payments due this year and also also needs to refinance a $800 million revolving credit line due in November, the Journal said. (Reporting by Ajay Kamalakaran in Bangalore; Editing by Lincoln Feast)
http://www.reuters.com/article/marketsNews/idINBNG3843622009…
Bericht aus der chicagotribune.com
Smurfit-Stone preparing for bankruptcy, reports say
By James P. Miller | Tribune staff reporter
4:50 PM CST, January 15, 2009
Smurfit -Stone Container Corp.'s battered shares plunged almost to the vanishing point Thursday as investor fears deepened that a cash crunch may soon force the debt-heavy Chicago packaging concern to seek Chapter 11 bankruptcy protection.
The Wall Street Journal citing only unidentified sources -- reported that the company has hired legal counsel with bankruptcy expertise and is seeking to arrange post-bankruptcy "debtor-in-possession" financing, in preparation for a Chapter 11 filing that could come soon.
Smurfit officials declined any comment, but the report reverberated with investors, who have been nervous for months about Smurfit's financial condition: in high-volume Nasdaq trading Smurfit shares tumbled 30 cents, to close at just 6 cents.
At that price Smurfit, which employs roughly 20,000 and is expected to report 2008 sales of more than $7.2 billion, is valued by the stock market at just $15.4 million.
That's because Wall Street increasingly fears the company's strained financial position will result in a bankruptcy, which typically wipes out common stockholders' equity interests.
The bond analysis firm Gimme Credit lowered its underlying view to "deteriorating," noting that the economically sensitive packaging sector remains under pressure.
While Smurfit's business decline and liquidity problems have been apparent previously, said Gimme Credit analyst Kim Nolan, it is growing increasingly possible that "the company may file bankruptcy imminently."
As a provider of boxes and other materials used in transporting goods, Smurfit's fortunes are affected by U.S. factory production -- and the dropoff in manufacturing has hit it hard despite repeated capacity reductions.
Smurfit-Stone, created out of the late-1998 merger of St. Louis-based Jefferson Smurfit Corp. and heavily leveraged rival Stone Container Corp. of Chicago, has undergone a series of wrenching changes as it streamlined and focused operations.
Along with softening domestic demand for boxes to ship everything from auto components to garden tools and housing materials, Smurfit has been hurt by last year's runup in the price of natural gas and other key inputs.
In response to worsening conditions, the company has accelerated its effort to reduce headcount and close more plants. Despite progress in the cost-cutting effort, the company warned this month that packaging demand in North America "has deteriorated rapidly in the past several weeks" and noted that export markets have shown an even deeper downturn.
At least one element of the Chapter 11 speculation failed to bear fruit Thursday. Smurfit had a $7.3 million interest-rate payment that came due, and some observers figured that Smurfit might decide to file bankruptcy before paying the interest to preserve cash.
But a company spokesman, while declining any comment on the published reports, said the "routine" $7.3 million interest payment had been paid Thursday.
Morningstar analyst Daniel Rohr reiterated his advice Thursday that equity investors should "stay away from Smurfit-Stone shares."
Rohr also noted that equity and bond holders are likely to be "none too pleased" about Smurfit's disclosure in a Wednesday regulatory filing that the company's board had authorized payment of 50 percent of targeted 2008 bonuses for top executives, though the company hadn't met overall financial targets.
The filing said Chairman and CEO patrick Moore received a $553,500 award, while President and Chief Operating Officer Steven J. Klinger received $397,500; three other executives received smaller payments.
The payments generally are paid in part in the form of restricted stock, but Smurfit Stone noted in Wednesday's filing that the plan was amended to permit all cash because there weren't enough shares available to meet the stock portion.
jpmiller@tribune.com
Smurfit-Stone preparing for bankruptcy, reports say
By James P. Miller | Tribune staff reporter
4:50 PM CST, January 15, 2009
Smurfit -Stone Container Corp.'s battered shares plunged almost to the vanishing point Thursday as investor fears deepened that a cash crunch may soon force the debt-heavy Chicago packaging concern to seek Chapter 11 bankruptcy protection.
The Wall Street Journal citing only unidentified sources -- reported that the company has hired legal counsel with bankruptcy expertise and is seeking to arrange post-bankruptcy "debtor-in-possession" financing, in preparation for a Chapter 11 filing that could come soon.
Smurfit officials declined any comment, but the report reverberated with investors, who have been nervous for months about Smurfit's financial condition: in high-volume Nasdaq trading Smurfit shares tumbled 30 cents, to close at just 6 cents.
At that price Smurfit, which employs roughly 20,000 and is expected to report 2008 sales of more than $7.2 billion, is valued by the stock market at just $15.4 million.
That's because Wall Street increasingly fears the company's strained financial position will result in a bankruptcy, which typically wipes out common stockholders' equity interests.
The bond analysis firm Gimme Credit lowered its underlying view to "deteriorating," noting that the economically sensitive packaging sector remains under pressure.
While Smurfit's business decline and liquidity problems have been apparent previously, said Gimme Credit analyst Kim Nolan, it is growing increasingly possible that "the company may file bankruptcy imminently."
As a provider of boxes and other materials used in transporting goods, Smurfit's fortunes are affected by U.S. factory production -- and the dropoff in manufacturing has hit it hard despite repeated capacity reductions.
Smurfit-Stone, created out of the late-1998 merger of St. Louis-based Jefferson Smurfit Corp. and heavily leveraged rival Stone Container Corp. of Chicago, has undergone a series of wrenching changes as it streamlined and focused operations.
Along with softening domestic demand for boxes to ship everything from auto components to garden tools and housing materials, Smurfit has been hurt by last year's runup in the price of natural gas and other key inputs.
In response to worsening conditions, the company has accelerated its effort to reduce headcount and close more plants. Despite progress in the cost-cutting effort, the company warned this month that packaging demand in North America "has deteriorated rapidly in the past several weeks" and noted that export markets have shown an even deeper downturn.
At least one element of the Chapter 11 speculation failed to bear fruit Thursday. Smurfit had a $7.3 million interest-rate payment that came due, and some observers figured that Smurfit might decide to file bankruptcy before paying the interest to preserve cash.
But a company spokesman, while declining any comment on the published reports, said the "routine" $7.3 million interest payment had been paid Thursday.
Morningstar analyst Daniel Rohr reiterated his advice Thursday that equity investors should "stay away from Smurfit-Stone shares."
Rohr also noted that equity and bond holders are likely to be "none too pleased" about Smurfit's disclosure in a Wednesday regulatory filing that the company's board had authorized payment of 50 percent of targeted 2008 bonuses for top executives, though the company hadn't met overall financial targets.
The filing said Chairman and CEO patrick Moore received a $553,500 award, while President and Chief Operating Officer Steven J. Klinger received $397,500; three other executives received smaller payments.
The payments generally are paid in part in the form of restricted stock, but Smurfit Stone noted in Wednesday's filing that the plan was amended to permit all cash because there weren't enough shares available to meet the stock portion.
jpmiller@tribune.com
Antwort auf Beitrag Nr.: 36.387.308 von Eisenherz1 am 16.01.09 11:08:40Diesere Abschnitt gefällt mir am besten!
"But a company spokesman, while declining any comment on the published reports, said the "routine" $7.3 million interest payment had been paid Thursday."
Meiner Meinung nach werden die Gerüchte wegen Insolvenz bald zerstreut. Warum sollten Sie zeitgerecht 7,3 mil.USD zahlen wenn Sie Insolvenz anmelden wollen! Macht keinen Sinn!
Aber wie gesagt nur meine Meinung.
Hab mir gestern Nachmittag ein paar Tausend zugelegt. ;-)
Gruß Eisenherz1
"But a company spokesman, while declining any comment on the published reports, said the "routine" $7.3 million interest payment had been paid Thursday."
Meiner Meinung nach werden die Gerüchte wegen Insolvenz bald zerstreut. Warum sollten Sie zeitgerecht 7,3 mil.USD zahlen wenn Sie Insolvenz anmelden wollen! Macht keinen Sinn!
Aber wie gesagt nur meine Meinung.
Hab mir gestern Nachmittag ein paar Tausend zugelegt. ;-)
Gruß Eisenherz1
Antwort auf Beitrag Nr.: 36.387.556 von Eisenherz1 am 16.01.09 11:32:50leider die insolvenz kommt,es sind viel zu viele Aktien verkauf worden fur 6-7 cents,die lassen nicht zu das alle die bielig gekauft haben zu milioneren werden,leider habe ich alles veloren
16. Januar 2009
Wellpappen-Packmittel: Smurfit-Stone von Pleite bedroht
Die US-amerikanische Smurfit-Stone Container Cororation.(SSCC), einer der weltweit größten Hersteller von Wellpappe und daraus hergestellten Packmitteln mit Sitz in Chicago, denkt drüber nach, Capter 11 (dies entspricht etwa der deutschen Insolvenz) zu beantragen. Die Gruppe müsse noch in dieser Woche 7,3 Millionen US-Dollar an Zinsen aufbringen und habe ihre Gläubiger darüber informiert, dazu infolge der rückläufigen Verkaufsentwicklung und mangels hinreichender Liquidität unter Umständen nicht in der Lage zu sein. Der Jahresumsatz 2008 erreichte zirka 7,5 Mrd. Dollar, dem stehen 3,5 Mrd. Schulden gegenüber, von denen dieses Jahr 316 Millionen zurückgezahlt werden müssen. SSCC bemühe sich momentan, 750 Millionen Dollar aufzutreiben, um für den Fall, dass das Unternehmen ein Insolvenzverfahren einleiten müsse, über die damit verbundenen Aktionen die Kontrolle behalten zu können. Schon in den kommenden zwei Wochen könnte Smurfit-Stone Kapitel 11 der US-Konkursgesetzgebung in Anspruch nehmen, das die Gruppe vor dem Zugriff ihrer Gläubiger schützen würde, sofern es ihr gelänge, neue Finanzmittel zu finden. Zu den Gläubigern gehören unter anderem Deutsche Bank und JP Morgan.
http://www.a-p-r.de/news/show/branchen-news/13627/Wellpappen…
Wellpappen-Packmittel: Smurfit-Stone von Pleite bedroht
Die US-amerikanische Smurfit-Stone Container Cororation.(SSCC), einer der weltweit größten Hersteller von Wellpappe und daraus hergestellten Packmitteln mit Sitz in Chicago, denkt drüber nach, Capter 11 (dies entspricht etwa der deutschen Insolvenz) zu beantragen. Die Gruppe müsse noch in dieser Woche 7,3 Millionen US-Dollar an Zinsen aufbringen und habe ihre Gläubiger darüber informiert, dazu infolge der rückläufigen Verkaufsentwicklung und mangels hinreichender Liquidität unter Umständen nicht in der Lage zu sein. Der Jahresumsatz 2008 erreichte zirka 7,5 Mrd. Dollar, dem stehen 3,5 Mrd. Schulden gegenüber, von denen dieses Jahr 316 Millionen zurückgezahlt werden müssen. SSCC bemühe sich momentan, 750 Millionen Dollar aufzutreiben, um für den Fall, dass das Unternehmen ein Insolvenzverfahren einleiten müsse, über die damit verbundenen Aktionen die Kontrolle behalten zu können. Schon in den kommenden zwei Wochen könnte Smurfit-Stone Kapitel 11 der US-Konkursgesetzgebung in Anspruch nehmen, das die Gruppe vor dem Zugriff ihrer Gläubiger schützen würde, sofern es ihr gelänge, neue Finanzmittel zu finden. Zu den Gläubigern gehören unter anderem Deutsche Bank und JP Morgan.
http://www.a-p-r.de/news/show/branchen-news/13627/Wellpappen…
Antwort auf Beitrag Nr.: 36.390.195 von aktiensport am 16.01.09 16:09:06vielleicht sind Sie selber (Managment/Insider) wieder zu den billigen Preisen eingestiegen!?
Sieht aber verdammt stark nach DILUTION aus! Die brauchen Kohle und dass schnell!
mal sehn obs noch kurzfristig hoch geht (0,1-0,15)?!
Sieht aber verdammt stark nach DILUTION aus! Die brauchen Kohle und dass schnell!
mal sehn obs noch kurzfristig hoch geht (0,1-0,15)?!
Aktien New York: Börsen geschlossen - 'Martin Luther King Day'
NEW YORK (dpa-AFX) - Die Börsen in den USA bleiben an diesem Montag wegen des Feiertags 'Martin Luther King Day' geschlossen./he/wiz
Quelle: dpa-AFX
NEW YORK (dpa-AFX) - Die Börsen in den USA bleiben an diesem Montag wegen des Feiertags 'Martin Luther King Day' geschlossen./he/wiz
Quelle: dpa-AFX
Antwort auf Beitrag Nr.: 36.400.908 von Eisenherz1 am 19.01.09 09:41:29Warum wird Smurfit nur mit 0,06 cent gehandelt ,die insolwenz ist noch nich beantragt,grosse schweinerei
Smurfit-Stone Files for Reorganization in U.S. and Canada
Monday January 26, 1:12 am ET
- 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 - News) 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-STONELO…
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®, 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
Monday January 26, 1:12 am ET
- 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 - News) 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-STONELO…
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®, and the Chicago Climate Exchange. Smurfit-Stone generated revenue of $7.4 billion in 2007, has led the industry in safety every year since 2001, and conducts its business in compliance with the environmental, health, and safety principles of the American Forest & Paper Association
Source: Smurfit-Stone Container Corporation
Antwort auf Beitrag Nr.: 36.446.864 von eula am 26.01.09 07:59:45Chapter 11
Definition
The part of the U.S. Bankruptcy Code describing how a company or debtor can file for court protection. In the case of a corporation, reorganization occurs under the existing management.
Definition
The part of the U.S. Bankruptcy Code describing how a company or debtor can file for court protection. In the case of a corporation, reorganization occurs under the existing management.
Antwort auf Beitrag Nr.: 36.446.941 von Eisenherz1 am 26.01.09 08:31:46Chapter 11 sichert, dass Gläubiger, die vom insolventen Unternehmen kein Geld oder neue Schuldtitel erhalten, stattdessen Aktien des Unternehmens als „Bezahlung“ erhalten. Dabei können die ursprünglichen Aktionäre eventuell vollständig durch die neuen Aktionäre abgelöst werden.
warum gehen die denn so in den Keller?
wenn ich mir Nortel oder andere Aktien anschaue die Insolevent sind und sich noch zwischen 0,05-0,08$ halten.
meint ihr es lohnt ein Zock?
warum sind die eigentlich nicht schon an der Otc?
wenn ich mir Nortel oder andere Aktien anschaue die Insolevent sind und sich noch zwischen 0,05-0,08$ halten.
meint ihr es lohnt ein Zock?
warum sind die eigentlich nicht schon an der Otc?
Antwort auf Beitrag Nr.: 36.458.916 von printguru am 27.01.09 17:35:30zum delisting gehört mehr als nur ein schlechter Kurs!
ein Zock lohnt sich, meiner Meinung nach, hier schon.
ein Zock lohnt sich, meiner Meinung nach, hier schon.
Smurfit-Stone Receives Court Approval for Critical First Day Motions
CREVE COEUR, Mo. and CHICAGO, Jan. 27 /PRNewswire-FirstCall/ -- Smurfit- Stone today announced that the U.S. Bankruptcy Court in Wilmington, Delaware has granted the relief the Company requested in its 'First Day Motions' filed in conjunction with its voluntary filing for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070129/SMURFIT-STONELO…
The court issued a variety of orders on either a final or interim basis that will ensure that Smurfit-Stone continues to operate in a 'business as usual' mode throughout the reorganization process.
The Company's Canadian subsidiaries have received similar relief under the Companies' Creditors Arrangement Act (CCAA) from the Ontario Superior Court of Justice.
Smurfit-Stone has now received court authorization to, among other things:
-- Utilize up to $550 million of the Company's new $750 million debtor-in-
possession (DIP) credit facility on an interim basis. As customary, a
hearing at which the Company will seek final court approval for the
full amount of the DIP facility and other First Day Motions has been
scheduled for February 23, 2009.
-- Provide employee wages, reimbursements, health care coverage, vacation,
sick leave and similar benefits without interruption;
-- Honor customer obligations; and,
-- Ensure the continuation of the Company's cash management systems and
other business operations.
Patrick J. Moore, chairman and CEO, said, 'The authorization we received from the court is an important and positive first step in our reorganization and allows us to operate in a business as usual mode. We are focused on providing our customers with quality goods and services. Smurfit-Stone intends to pay vendors in the ordinary course under existing terms for all goods and services received after the filing date. We are moving forward to restructure our debt and develop a capital structure more suited to support our long-term growth and profitability.'
Smurfit-Stone and its U.S. and Canadian subsidiaries filed to reorganize under Chapter 11 on January 26, 2009, in the U.S. Bankruptcy Court in Wilmington, Delaware. The case number is 09-10235. The Canadian subsidiaries also filed to reorganize under the Companies' Creditors Arrangement Act (CCAA) in the Ontario Superior Court of Justice in Canada.
More information about Smurfit-Stone's reorganization is available on the Company's website at http://www.smurfit-stone.com. Copies of the First Day Motions and court orders are available at: http://chapter11.epiqsystems.com/Smurfit. Employee, retiree, customer and supplier inquires can be made at 877-264-9638. If outside of the US 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
Source: PR Newswire (January 27, 2009 - 5:38 PM EST)
News by QuoteMedia
www.quotemedia.com
CREVE COEUR, Mo. and CHICAGO, Jan. 27 /PRNewswire-FirstCall/ -- Smurfit- Stone today announced that the U.S. Bankruptcy Court in Wilmington, Delaware has granted the relief the Company requested in its 'First Day Motions' filed in conjunction with its voluntary filing for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070129/SMURFIT-STONELO…
The court issued a variety of orders on either a final or interim basis that will ensure that Smurfit-Stone continues to operate in a 'business as usual' mode throughout the reorganization process.
The Company's Canadian subsidiaries have received similar relief under the Companies' Creditors Arrangement Act (CCAA) from the Ontario Superior Court of Justice.
Smurfit-Stone has now received court authorization to, among other things:
-- Utilize up to $550 million of the Company's new $750 million debtor-in-
possession (DIP) credit facility on an interim basis. As customary, a
hearing at which the Company will seek final court approval for the
full amount of the DIP facility and other First Day Motions has been
scheduled for February 23, 2009.
-- Provide employee wages, reimbursements, health care coverage, vacation,
sick leave and similar benefits without interruption;
-- Honor customer obligations; and,
-- Ensure the continuation of the Company's cash management systems and
other business operations.
Patrick J. Moore, chairman and CEO, said, 'The authorization we received from the court is an important and positive first step in our reorganization and allows us to operate in a business as usual mode. We are focused on providing our customers with quality goods and services. Smurfit-Stone intends to pay vendors in the ordinary course under existing terms for all goods and services received after the filing date. We are moving forward to restructure our debt and develop a capital structure more suited to support our long-term growth and profitability.'
Smurfit-Stone and its U.S. and Canadian subsidiaries filed to reorganize under Chapter 11 on January 26, 2009, in the U.S. Bankruptcy Court in Wilmington, Delaware. The case number is 09-10235. The Canadian subsidiaries also filed to reorganize under the Companies' Creditors Arrangement Act (CCAA) in the Ontario Superior Court of Justice in Canada.
More information about Smurfit-Stone's reorganization is available on the Company's website at http://www.smurfit-stone.com. Copies of the First Day Motions and court orders are available at: http://chapter11.epiqsystems.com/Smurfit. Employee, retiree, customer and supplier inquires can be made at 877-264-9638. If outside of the US 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
Source: PR Newswire (January 27, 2009 - 5:38 PM EST)
News by QuoteMedia
www.quotemedia.com
Antwort auf Beitrag Nr.: 36.464.334 von Eisenherz1 am 28.01.09 13:24:22Vollständigkeitshalber diese Info noch aus dem amiboard:
"The loan is coming from a syndicate led by existing lenders
JPMorgan Chase & Co. (JPM) and Deutsche Bank (DB)."
"The loan is coming from a syndicate led by existing lenders
JPMorgan Chase & Co. (JPM) and Deutsche Bank (DB)."
Smurfit-Stone Container Corporation (SSCC) Detailed Institutional Holdings
http://www.nasdaq.com/asp/holdings.asp?symbol=SSCC&selected=…
http://www.nasdaq.com/asp/holdings.asp?symbol=SSCC&selected=…
Smurfit-Stone Receives Delisting Notice From Nasdaq
Wednesday January 28, 6:52 pm ET
CREVE COEUR, Mo. and CHICAGO, Jan. 28 /PRNewswire-FirstCall/ -- Smurfit-Stone Container Corporation (Nasdaq: SSCC - News) today announced that it received a "Staff Determination" notification from Nasdaq that its equity securities will be delisted from The Nasdaq Stock Market. The decision was based upon Nasdaq's Marketplace Rules 4300, 4450(f) and IM-4300, and was made after reviewing the company's press release that it had filed for protection under Chapter 11 of the U.S. Bankruptcy Code and other publicly available information. Trading of the company's common stock and 7% Series A Cumulative Exchangeable Redeemable Convertible Preferred Stock will be suspended at the opening of business on February 4, 2009. Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the securities from listing and registration. The Company does not plan to appeal the Staff Determination. These securities will not be immediately eligible to trade on the OTC Bulletin Board or in the "Pink Sheets," but may become eligible if a market maker makes application to register in and quote the securities in accordance with Securities and Exchange Commission Rule 15c2-11, and such application is cleared.
http://www.newscom.com/cgi-bin/prnh/20070129/SMURFIT-STONELO…
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®, 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.
Wednesday January 28, 6:52 pm ET
CREVE COEUR, Mo. and CHICAGO, Jan. 28 /PRNewswire-FirstCall/ -- Smurfit-Stone Container Corporation (Nasdaq: SSCC - News) today announced that it received a "Staff Determination" notification from Nasdaq that its equity securities will be delisted from The Nasdaq Stock Market. The decision was based upon Nasdaq's Marketplace Rules 4300, 4450(f) and IM-4300, and was made after reviewing the company's press release that it had filed for protection under Chapter 11 of the U.S. Bankruptcy Code and other publicly available information. Trading of the company's common stock and 7% Series A Cumulative Exchangeable Redeemable Convertible Preferred Stock will be suspended at the opening of business on February 4, 2009. Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the securities from listing and registration. The Company does not plan to appeal the Staff Determination. These securities will not be immediately eligible to trade on the OTC Bulletin Board or in the "Pink Sheets," but may become eligible if a market maker makes application to register in and quote the securities in accordance with Securities and Exchange Commission Rule 15c2-11, and such application is cleared.
http://www.newscom.com/cgi-bin/prnh/20070129/SMURFIT-STONELO…
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®, 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.
Antwort auf Beitrag Nr.: 36.471.941 von eula am 29.01.09 10:34:30hallo eula weißt du schon das neue Kürzel von SSCC an der otc?
BIST DU EIGENTLICH INVESTIERT?
Lg Printi
BIST DU EIGENTLICH INVESTIERT?
Lg Printi
Changed Ticker Symbol
'SSCC' is no longer valid. It has changed to SSCCQ.PK.
'SSCC' is no longer valid. It has changed to SSCCQ.PK.
Monday, February 23, 2009
Smurfit-Stone Receives Final Court Approval for $750 Million DIP Facility
CREVE COEUR, Mo. and CHICAGO, Feb. 23, 2009 (Canada NewsWire via COMTEX) ----Smurfit-Stone Container Corporation today announced that the U.S. Bankruptcy Court in Wilmington, Delaware, has granted final approval of its $750 million debtor-in-possession (DIP: undefined, undefined, undefined%) credit facility, which provides the company with access to the full amount of the facility. The court had previously granted the company interim authority to access $550 million of the DIP facility. The court also granted final approval to various other interim orders that had been entered at the commencement of the bankruptcy case.
<< >>
Patrick J. Moore, Chairman and Chief Executive Officer, said, "We believe that the DIP facility will provide the company with ample liquidity to operate throughout the restructuring process. We are pleased to have completed this initial phase of the process, and remain focused on providing our customers with an uninterrupted supply of quality goods and services, and strengthening our partnerships with our vendors. We are moving forward to restructure our debt and develop a capital structure more suited to support our long-term growth and profitability."
<< >>
Smurfit-Stone and its U.S. and Canadian subsidiaries filed to reorganize under Chapter 11 on January 26, 2009, in the U.S. Bankruptcy Court in Wilmington, Delaware. The case number is 09-10235. The Canadian subsidiaries also filed to reorganize under the Companies' Creditors Arrangement Act (CCAA: 25.14, 0, 0%) in the Ontario Superior Court of Justice in Canada.
<<
More information about Smurfit-Stone's reorganization is available on the >>
Company's website at www.smurfit-stone.com. Copies of all motions and court orders are available at http://chapter11.epiqsystems.com/Smurfit. Employee, retiree, customer and supplier inquires 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: 2.16, n.a., n.a.%) 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.
<< >>
This press release contains statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in general economic conditions, continued pricing pressures in key product lines, seasonality and higher recycled fiber and energy costs, as well as other risks and uncertainties described in the company's Annual Report on Form 10-K for the year ended December 31, 2007, as updated from time to time in the company's Securities and Exchange Commission filings.
<< Contact: Sue Neumann, 314-656-5691 John Haudrich, 314-656-5375
www.smurfit-stone.com >>
SOURCE: Smurfit-Stone Container Corporation
Sue Neumann, +1-314-656-5691,
or John Haudrich, +1-314-656-5375, both of Smurfit-Stone Container Corporation Web Site: http://www.smurfit-stone.com
http://www.foxbusiness.com/story/markets/industries/industri…
Smurfit-Stone Receives Final Court Approval for $750 Million DIP Facility
CREVE COEUR, Mo. and CHICAGO, Feb. 23, 2009 (Canada NewsWire via COMTEX) ----Smurfit-Stone Container Corporation today announced that the U.S. Bankruptcy Court in Wilmington, Delaware, has granted final approval of its $750 million debtor-in-possession (DIP: undefined, undefined, undefined%) credit facility, which provides the company with access to the full amount of the facility. The court had previously granted the company interim authority to access $550 million of the DIP facility. The court also granted final approval to various other interim orders that had been entered at the commencement of the bankruptcy case.
<< >>
Patrick J. Moore, Chairman and Chief Executive Officer, said, "We believe that the DIP facility will provide the company with ample liquidity to operate throughout the restructuring process. We are pleased to have completed this initial phase of the process, and remain focused on providing our customers with an uninterrupted supply of quality goods and services, and strengthening our partnerships with our vendors. We are moving forward to restructure our debt and develop a capital structure more suited to support our long-term growth and profitability."
<< >>
Smurfit-Stone and its U.S. and Canadian subsidiaries filed to reorganize under Chapter 11 on January 26, 2009, in the U.S. Bankruptcy Court in Wilmington, Delaware. The case number is 09-10235. The Canadian subsidiaries also filed to reorganize under the Companies' Creditors Arrangement Act (CCAA: 25.14, 0, 0%) in the Ontario Superior Court of Justice in Canada.
<<
More information about Smurfit-Stone's reorganization is available on the >>
Company's website at www.smurfit-stone.com. Copies of all motions and court orders are available at http://chapter11.epiqsystems.com/Smurfit. Employee, retiree, customer and supplier inquires 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: 2.16, n.a., n.a.%) 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.
<< >>
This press release contains statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in general economic conditions, continued pricing pressures in key product lines, seasonality and higher recycled fiber and energy costs, as well as other risks and uncertainties described in the company's Annual Report on Form 10-K for the year ended December 31, 2007, as updated from time to time in the company's Securities and Exchange Commission filings.
<< Contact: Sue Neumann, 314-656-5691 John Haudrich, 314-656-5375
www.smurfit-stone.com >>
SOURCE: Smurfit-Stone Container Corporation
Sue Neumann, +1-314-656-5691,
or John Haudrich, +1-314-656-5375, both of Smurfit-Stone Container Corporation Web Site: http://www.smurfit-stone.com
http://www.foxbusiness.com/story/markets/industries/industri…
hu!
jemand ahnung, was hier passiert? die aktie macht seit tagen zwischen 20% und heute sogar 50%+
jemand ahnung, was hier passiert? die aktie macht seit tagen zwischen 20% und heute sogar 50%+
und wieder direkt 30% innerhalb von 30 minuten...und keiner weiß warum?
ich korrigiere 45%...
Antwort auf Beitrag Nr.: 36.972.711 von borni273 am 15.04.09 16:03:47bald wird die Aktie nicht mehr gehandelt-vorsicht/Insolvent/
huhu!
ich weiß, chapter 11 läuft. aber ich wundere mich über die bewegung der letzten 7 tage!
ich weiß, chapter 11 läuft. aber ich wundere mich über die bewegung der letzten 7 tage!
Antwort auf Beitrag Nr.: 36.974.383 von borni273 am 15.04.09 19:24:41es gibt meiner Meinung nach nur eine Erklärung: "Daytrader" sind am Werk und andere Zocker!
Hoch RISKANT
Hoch RISKANT
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