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November 11, 2007

Digging out of a big hole

Digging out of a big hole
Athens Banner-Herald - Although your situation initially looked very daunting, implementing and sticking to the debt-reduction plan, providing adequate life insurance and putting a basic estate plan in place will go a long way to toward moving you from financial distress
Source: www.onlineathens.com

Double-digit profits for Columbus McKinnon
MSN MoneyCentral - We are generating significant levels of cash from operations, enabling continued debt reduction which, along with sales growth and favorable operating leverage, is further enhancing Columbus McKinnon's profitability," said Timothy Tevens, president
Source: news.moneycentral.msn.com

Chemtura's Optical Monomers Business Sold to Acomon AG and
Financial News USA - Proceeds from the sale will be used primarily for debt reduction. ALL Fuels & Energy Company (OTCBB: AFSE) recently announced it has reached the final documents phase in a partnership providing $27 million of convertible debt/equity for the purchase
Source: www.financialnewsusa.com

rd quarter 2007 results confirm solid free cash flow generation
WebWire - A positive Free Cash Flow and further Net Debt reduction Operating Cash Flow totaled 115 million in the third quarter 2007. The ratio of Working Capital Requirements on total sales stood at 12.9%. Capital Expenditure totaled 83 million. Free
Source: www.webwire.com

Smurfit-Stone posts loss in 3rd quarter
Coshocton Tribune - CHICAGO (AP) — Smurfit-Stone Container Corp., which makes paperboard and paper-based packaging, said Wednesday it swung to a loss in the third-quarter due to a loss on the sale of assets and restructuring charges related to a mill closure. The
Source: www.coshoctontribune.com

Smurfit-Stone's Corporate Credit Rating Raised by Standard & Poor's
Earthtimes - S&P said the upgrade reflects the combination of Smurfit-Stone's continued solid operating performance and meaningful debt reduction as a result of improved containerboard market conditions. Smurfit-Stone reduced its debt by $328 million in the third
Source: www.earthtimes.org

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