Public vs. Private — Wall Street Sways Fortunes

“Quebecor World enjoys long-term contracts, where they can see their presses are booked until next January. In our business, it’s more transactional,” Stiffler says. “I have longstanding clients, but I can’t tell you what’s going to run next month. That made it difficult for Quebecor World to justify investing in a new press when they couldn’t back it up with a long-term contract.”