United Parcel Service delivered quarterly earnings that surpassed analysts' expectations last Tuesday, as improved margins offset a slight drop in revenue. After the earnings announcement, the company's shares rose in pre-market trading.
Printer News
Taylor Corp., one of the U.S.'s largest privately held companies, has completed its acquisition of the assets of Standard Register. The combined company has more than 12,000 employees working in more than 80 companies with operations in 32 states and nine countries.
Consumer Action, the National Consumers League and Consumers for Paper Options submitted joint comments urging the Securities and Exchange Commission (SEC) to rescind a new proposed rule allowing mutual funds to discontinue the mailing of shareholder reports and other important investment information to investors.
The Small Business Administration can resume lending to small businesses through its flagship 7(a) loan program now that Congress has raised the program's authorization level. The SBA was forced to suspend 7(a) lending on Thursday after the program hit its $18.75 billion annual loan ceiling with more than two months left in the government's fiscal year. The Senate passed legislation Friday raising that limit to $23.5 billion, and the House followed suit Monday afternoon.
U.S. Senator Cory Booker—a Democrat from New Jersey—has introduced the Postal Innovation Act, which calls upon the United States Postal Service (USPS) to use "more cost-efficient and environmentally friendly technology" for its vehicles, and also explore "the economic benefits of non-postal services."
UPS is telling dozens of retailers it intends to do away with big discounts on oversized packages this holiday season and, in the case of some retailers, year-round, according to people familiar with the matter.
The move could hit consumers hard—forcing them to get their items at a store or absorb some of the shipping charges of more than $57.
GPA, Chicago, recently announced its latest promotional piece printed on Traffic Graffic 3.4 mil matte white vinyl with a 5 mil scratch-resistant textured laminate.
Members of NPES The Association for Suppliers of Printing, Publishing and Converting Technologies and other U.S. exporters, as well as American workers and consumers, scored a huge victory when President Obama signed Trade Promotion Authority (TPA) legislation into law as Congress recessed for Independence Day.
Glatfelter, York, Pa., announced a brand refresh, including a new website, for its premium line of high-speed inkjet (HSIJ) papers: Pixelle.
GE and Pitney Bowes today announced an alliance to develop customized asset performance management (APM) applications for Pitney Bowes and its Enterprise Business Solutions customers.