Business Management - Finance/Financial

Deluxe Corp. Reports Q3 2014 Financial Results with Revenue Increase of 3.8 Percent
October 24, 2014

Final results for Deluxe Corp.'s third quarter have been released. The company experienced revenue increases of 3.8 percent over last year. Adjusted EPS of $1.03 increased by 7.3 percent, which exceeded the high end of the outlook. In addition, Deluxe Corp. acquired Wausau Financial Systems. Revenue, operating cash flow and earnings are expected to continue to grow in 2014 and 2015.

EFI Reports Record Revenue of $198M for Q3, Up 11 Percent Compared to Q3 of Previous Year
October 22, 2014

EFI has reported record revenue of $197.7 million, up 11 percent compared to third quarter 2013 revenue of $178.8 million. "In the third quarter the EFI team raised the bar on execution with revenues growing 11 percent to all-time record levels, increasing our confidence in achieving $1 billion in revenue by the end of 2016," said Guy Gecht, CEO of EFI.

Weakness in Emerging Markets Impacts Agfa Q2 Results
August 27, 2014

Agfa-Gevaert has published its second quarter 2014 results. The Agfa-Gevaert Group’s revenue declined by 11.1 percent compared to the second quarter of 2013. Group revenue was impacted by the weakness in the emerging markets, adverse currency effects and the challenging conditions in the U.S. healthcare market.

Political Direct Mail Delivers Millions in Revenue to USPS
August 18, 2014

The Center for Responsive Politics reports the postal service has been paid $17.5 million so far this election cycle for delivering political direct-mail pieces, ranking it No. 4 on the center's list of political vendors. This revenue won't close the postal service's fiscal gap — it lost $2 billion last quarter — but every little bit helps.

The No. 1 vendor is Waterfront Strategies, which has spent nearly $42 million on media buys on behalf of Democratic candidates, with most of this money coming from liberal super PACs.

Veritiv Announces Consolidated Q2 Pro Forma Financial Results as Newly Integrated Company
August 14, 2014

Because Veritiv's registration as a public reporting company became effective in the second quarter and the spin-off and merger transactions were not consummated until the third quarter, Veritiv will report full second quarter results for the legacy xpedx business of International Paper in its Quarterly Report on Form 10-Q for the period ended June 30, 2014, expected to be filed on August 14, 2014. Beginning with the quarterly period ending September 30, 2014, Veritiv will report consolidated financial results for the combined company.

U.S. Postal Service's Financial Woes Continue Following $2B Loss in Q3
August 12, 2014

For the June 30, 2014, quarter, the U.S. Postal Service reported a net loss of $2.0 billion, compared to a net loss of $740 million for the same period last year. "Due to continued losses and low levels of liquidity, we’ve been extremely conservative with our capital, spending only what is deemed essential to maintain existing infrastructure," noted CFO and Executive Vice President Joseph Corbett.