$VRS
Fitch: U.S. High Yield Bond Default Tally Reaches 74 in 2015; Default Rate 3.4%
BusinessWire - Tue Jan 26, 8:44AM CST
In 2015 74 U.S. high yield defaults, totaling $48.3 billion in outstanding bonds, defaulted on their debt, according to Fitch Ratings. This is up sharply from 37 companies with $31.7 billion in outstanding bonds in 2014 and the highest levels seen since 2009.
VRS: 11.10 (-0.20)
New York Stock Exchange Suspends Trading in Verso's Common Stock and Commences Delisting Proceedings
Marketwired - Mon Sep 21, 6:50PM CDT
Verso Corporation (NYSE: VRS) confirmed today that the New York Stock Exchange has suspended trading in Verso's common stock, effective immediately, and has commenced proceedings to delist the stock from the NYSE. The NYSE took this action when the trading price of Verso's common stock decreased to $0.15 per share this afternoon. The NYSE, in interpreting its continued listing standards, has determined that a trading price of $0.15 or less per share is "abnormally low" and, therefore, is cause for suspension of trading and delisting from the NYSE.
VRS: 11.10 (-0.20)
Verso Submits Listing Compliance Plan to NYSE
Marketwired - Mon Sep 21, 6:01AM CDT
Verso Corporation (NYSE: VRS) announced today that it has submitted to the New York Stock Exchange a business plan to demonstrate Verso's ability to achieve compliance with the NYSE's continued listing standard requiring that Verso's average market capitalization be at least $50 million over a period of 30 consecutive trading days.
VRS: 11.10 (-0.20)
Verso Announces Additions to Blazer Digital(R) Offering
Marketwired - Mon Sep 14, 10:00AM CDT
Verso Corporation (NYSE: VRS), a leading producer of digital coated papers, announces the expansion of its Blazer Digital(R) economy digital coated paper offering with 10 new sheet sizes specifically designed for the Xerox(R) iGen4(TM), Xerox(R) iGen(R) 150 and new Xerox(R) iGen(R) 5 digital presses.
VRS: 11.10 (-0.20), XRX: 9.86 (+0.05)
Verso Names Allen Campbell as Chief Financial Officer
Marketwired - Tue Sep 08, 8:01AM CDT
Verso Corporation (NYSE: VRS) today announced that Allen Campbell will become its Senior Vice President and Chief Financial Officer effective upon the commencement of his employment with Verso on September 21, 2015. Campbell has over 30 years of financial leadership experience in industrial manufacturing, including 10 years as the chief financial officer of Cooper-Standard Holdings Inc. (NYSE), the parent company of Cooper-Standard Automotive Inc., a leading global supplier of systems and components for the automotive industry.
VRS: 11.10 (-0.20)
BUYINS.NET: DTO, ERX, LOGM, VRS, ABCD, SEMG Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Aug 25, 8:03AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of POWERSHARES DB OIL 2X SHORT (NYSE
TO), Direxion Daily Energy Bull 3X Shares (NYSE:ERX), LogMeIn Inc (NASDAQ:LOGM), Verso Paper Corp (NYSE:VRS), Cambium Learning Group Inc (NASDAQ:ABCD), SemGroup Corp (NYSE:SEMG) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
ERX: 27.98 (+0.83), LOGM: 83.91 (-1.00), DTO: 165.00 (-5.16), SEMG: 28.78 (+0.26), VRS: 11.10 (-0.20), ABCD: 4.80 (-0.07)
Verso Paper Holdings LLC and Verso Paper Inc. Announce Extension of Expiration Date for Exchange Offers for Their Second Priority Adjustable Senior Secured Notes and Adjustable Senior Subordinated Notes
Marketwired - Fri Aug 21, 7:00AM CDT
Verso Paper Holdings LLC and Verso Paper Inc. (collectively, the "Issuers"
, wholly owned subsidiaries of Verso Corporation (NYSE: VRS), announced today that they have extended the expiration date for their previously announced exchange offers from 5:00 p.m., New York City time, on Thursday, August 20, 2015, to 5:00 p.m., New York City time, on Tuesday, August 25, 2015, unless further extended. All other terms, provisions and conditions of the exchange offers will remain in full force and effect.
VRS: 11.10 (-0.20)
Verso Announces Plans for Major Reductions in Coated Paper and Pulp Production Capacity
Marketwired - Thu Aug 20, 8:00AM CDT
Verso Corporation (NYSE: VRS) today announced that it plans to make major reductions in its coated paper and pulp production capacity by shutting down the No. 1 pulp dryer and No. 2 paper machine at its Androscoggin Mill in Jay, Maine, and indefinitely idling its mill in Wickliffe, Kentucky. Together, these actions will reduce Verso's production capacity by 430,000 tons of coated paper and 130,000 tons of dried market pulp. Verso intends to implement these capacity reductions beginning in the fourth quarter of 2015.
VRS: 11.10 (-0.20)
Verso Addresses Additional NYSE Continued Listing Standard
Marketwired - Wed Aug 19, 3:10PM CDT
Verso Corporation (NYSE: VRS) announced today that the New York Stock Exchange has notified Verso that it has fallen below the NYSE's continued listing standard requiring that Verso's average market capitalization be at least $50 million over a consecutive 30-trading-day period. As of August 13, 2015, the date of the NYSE notification, Verso's average market capitalization over the past 30 consecutive trading days was approximately $44.2 million.
VRS: 11.10 (-0.20)
Verso Corporation Reports Second Quarter 2015 Results
Marketwired - Tue Aug 11, 6:00AM CDT
Verso Corporation (NYSE: VRS) today reported financial results for the second quarter of 2015. Results for the quarters ended June 30, 2015 and 2014 include:
VRS: 11.10 (-0.20)
BUYINS.NET: ZAGG, JBT, URG, VRS, LYB, HBM Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Fri Jul 17, 6:41AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Zagg Inc (NASDAQ:ZAGG), John Bean Technologies Corp (NYSE:JBT), UR-ENERGY INC (NYSE:URG), Verso Paper Corp (NYSE:VRS), LyondellBasell Industries NV (NYSE:LYB), HudBay Minerals Inc (NYSE:HBM) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
JBT: 67.07 (-0.11), LYB: 72.63 (+0.66), HBM: 4.71 (-0.13), VRS: 11.10 (-0.20), URG: 0.53 (-0.02), ZAGG: 7.18 (+0.82)
Verso to Host Conference Call on August 11 to Discuss Second Quarter Results
Marketwired - Fri Jul 17, 6:00AM CDT
Verso Corporation (NYSE: VRS) today announced that it will host a conference call on Tuesday, August 11, 2015 at 9 a.m. (EDT) to discuss second quarter 2015 results.
VRS: 11.10 (-0.20)
Verso Addresses NYSE Continued Listing Standard
Marketwired - Mon Jun 29, 4:14PM CDT
Verso Corporation (NYSE: VRS) announced today that the New York Stock Exchange has notified Verso that it has fallen below the NYSE's continued listing standard requiring that the average share price of Verso's common stock be at least $1.00 over a consecutive 30-trading-day period. As of June 24, 2015, the date of the NYSE notification, the average closing price of Verso's common stock over the past 30 consecutive trading days was $0.96 per share.
VRS: 11.10 (-0.20)
Verso Introduces Ideal(R) Offset Web
Marketwired - Tue Jun 16, 2:00PM CDT
Verso Corporation (NYSE: VRS), a leading North American producer of printing papers, specialty papers and pulp, today introduced Ideal(R) Offset, an uncoated freesheet web product.
VRS: 11.10 (-0.20)
Verso Announces Resignation of Chief Financial Officer
Marketwired - Wed Jun 03, 7:00AM CDT
Verso Corporation (NYSE: VRS) announced today that Robert P. Mundy, its Senior Vice President and Chief Financial Officer, has decided to leave the company to take a similar position with Packaging Corporation of America.
VRS: 11.10 (-0.20), PKG: 73.94 (+0.12)
Verso Corporation Reports First Quarter 2015 Results
Marketwired - Fri May 15, 3:05PM CDT
Verso Corporation (NYSE: VRS) today reported financial results for the first quarter of 2015. Results for the quarters ended March 31, 2015 and 2014 include:
VRS: 11.10 (-0.20)
Fitch: U.S. High Yield Bond Default Tally Reaches 74 in 2015; Default Rate 3.4%
BusinessWire - Tue Jan 26, 8:44AM CST
In 2015 74 U.S. high yield defaults, totaling $48.3 billion in outstanding bonds, defaulted on their debt, according to Fitch Ratings. This is up sharply from 37 companies with $31.7 billion in outstanding bonds in 2014 and the highest levels seen since 2009.
VRS: 11.10 (-0.20)
New York Stock Exchange Suspends Trading in Verso's Common Stock and Commences Delisting Proceedings
Marketwired - Mon Sep 21, 6:50PM CDT
Verso Corporation (NYSE: VRS) confirmed today that the New York Stock Exchange has suspended trading in Verso's common stock, effective immediately, and has commenced proceedings to delist the stock from the NYSE. The NYSE took this action when the trading price of Verso's common stock decreased to $0.15 per share this afternoon. The NYSE, in interpreting its continued listing standards, has determined that a trading price of $0.15 or less per share is "abnormally low" and, therefore, is cause for suspension of trading and delisting from the NYSE.
VRS: 11.10 (-0.20)
Verso Submits Listing Compliance Plan to NYSE
Marketwired - Mon Sep 21, 6:01AM CDT
Verso Corporation (NYSE: VRS) announced today that it has submitted to the New York Stock Exchange a business plan to demonstrate Verso's ability to achieve compliance with the NYSE's continued listing standard requiring that Verso's average market capitalization be at least $50 million over a period of 30 consecutive trading days.
VRS: 11.10 (-0.20)
Verso Announces Additions to Blazer Digital(R) Offering
Marketwired - Mon Sep 14, 10:00AM CDT
Verso Corporation (NYSE: VRS), a leading producer of digital coated papers, announces the expansion of its Blazer Digital(R) economy digital coated paper offering with 10 new sheet sizes specifically designed for the Xerox(R) iGen4(TM), Xerox(R) iGen(R) 150 and new Xerox(R) iGen(R) 5 digital presses.
VRS: 11.10 (-0.20), XRX: 9.86 (+0.05)
Verso Names Allen Campbell as Chief Financial Officer
Marketwired - Tue Sep 08, 8:01AM CDT
Verso Corporation (NYSE: VRS) today announced that Allen Campbell will become its Senior Vice President and Chief Financial Officer effective upon the commencement of his employment with Verso on September 21, 2015. Campbell has over 30 years of financial leadership experience in industrial manufacturing, including 10 years as the chief financial officer of Cooper-Standard Holdings Inc. (NYSE), the parent company of Cooper-Standard Automotive Inc., a leading global supplier of systems and components for the automotive industry.
VRS: 11.10 (-0.20)
BUYINS.NET: DTO, ERX, LOGM, VRS, ABCD, SEMG Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Aug 25, 8:03AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of POWERSHARES DB OIL 2X SHORT (NYSE
TO), Direxion Daily Energy Bull 3X Shares (NYSE:ERX), LogMeIn Inc (NASDAQ:LOGM), Verso Paper Corp (NYSE:VRS), Cambium Learning Group Inc (NASDAQ:ABCD), SemGroup Corp (NYSE:SEMG) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at: ERX: 27.98 (+0.83), LOGM: 83.91 (-1.00), DTO: 165.00 (-5.16), SEMG: 28.78 (+0.26), VRS: 11.10 (-0.20), ABCD: 4.80 (-0.07)
Verso Paper Holdings LLC and Verso Paper Inc. Announce Extension of Expiration Date for Exchange Offers for Their Second Priority Adjustable Senior Secured Notes and Adjustable Senior Subordinated Notes
Marketwired - Fri Aug 21, 7:00AM CDT
Verso Paper Holdings LLC and Verso Paper Inc. (collectively, the "Issuers"
, wholly owned subsidiaries of Verso Corporation (NYSE: VRS), announced today that they have extended the expiration date for their previously announced exchange offers from 5:00 p.m., New York City time, on Thursday, August 20, 2015, to 5:00 p.m., New York City time, on Tuesday, August 25, 2015, unless further extended. All other terms, provisions and conditions of the exchange offers will remain in full force and effect. VRS: 11.10 (-0.20)
Verso Announces Plans for Major Reductions in Coated Paper and Pulp Production Capacity
Marketwired - Thu Aug 20, 8:00AM CDT
Verso Corporation (NYSE: VRS) today announced that it plans to make major reductions in its coated paper and pulp production capacity by shutting down the No. 1 pulp dryer and No. 2 paper machine at its Androscoggin Mill in Jay, Maine, and indefinitely idling its mill in Wickliffe, Kentucky. Together, these actions will reduce Verso's production capacity by 430,000 tons of coated paper and 130,000 tons of dried market pulp. Verso intends to implement these capacity reductions beginning in the fourth quarter of 2015.
VRS: 11.10 (-0.20)
Verso Addresses Additional NYSE Continued Listing Standard
Marketwired - Wed Aug 19, 3:10PM CDT
Verso Corporation (NYSE: VRS) announced today that the New York Stock Exchange has notified Verso that it has fallen below the NYSE's continued listing standard requiring that Verso's average market capitalization be at least $50 million over a consecutive 30-trading-day period. As of August 13, 2015, the date of the NYSE notification, Verso's average market capitalization over the past 30 consecutive trading days was approximately $44.2 million.
VRS: 11.10 (-0.20)
Verso Corporation Reports Second Quarter 2015 Results
Marketwired - Tue Aug 11, 6:00AM CDT
Verso Corporation (NYSE: VRS) today reported financial results for the second quarter of 2015. Results for the quarters ended June 30, 2015 and 2014 include:
VRS: 11.10 (-0.20)
BUYINS.NET: ZAGG, JBT, URG, VRS, LYB, HBM Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Fri Jul 17, 6:41AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Zagg Inc (NASDAQ:ZAGG), John Bean Technologies Corp (NYSE:JBT), UR-ENERGY INC (NYSE:URG), Verso Paper Corp (NYSE:VRS), LyondellBasell Industries NV (NYSE:LYB), HudBay Minerals Inc (NYSE:HBM) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
JBT: 67.07 (-0.11), LYB: 72.63 (+0.66), HBM: 4.71 (-0.13), VRS: 11.10 (-0.20), URG: 0.53 (-0.02), ZAGG: 7.18 (+0.82)
Verso to Host Conference Call on August 11 to Discuss Second Quarter Results
Marketwired - Fri Jul 17, 6:00AM CDT
Verso Corporation (NYSE: VRS) today announced that it will host a conference call on Tuesday, August 11, 2015 at 9 a.m. (EDT) to discuss second quarter 2015 results.
VRS: 11.10 (-0.20)
Verso Addresses NYSE Continued Listing Standard
Marketwired - Mon Jun 29, 4:14PM CDT
Verso Corporation (NYSE: VRS) announced today that the New York Stock Exchange has notified Verso that it has fallen below the NYSE's continued listing standard requiring that the average share price of Verso's common stock be at least $1.00 over a consecutive 30-trading-day period. As of June 24, 2015, the date of the NYSE notification, the average closing price of Verso's common stock over the past 30 consecutive trading days was $0.96 per share.
VRS: 11.10 (-0.20)
Verso Introduces Ideal(R) Offset Web
Marketwired - Tue Jun 16, 2:00PM CDT
Verso Corporation (NYSE: VRS), a leading North American producer of printing papers, specialty papers and pulp, today introduced Ideal(R) Offset, an uncoated freesheet web product.
VRS: 11.10 (-0.20)
Verso Announces Resignation of Chief Financial Officer
Marketwired - Wed Jun 03, 7:00AM CDT
Verso Corporation (NYSE: VRS) announced today that Robert P. Mundy, its Senior Vice President and Chief Financial Officer, has decided to leave the company to take a similar position with Packaging Corporation of America.
VRS: 11.10 (-0.20), PKG: 73.94 (+0.12)
Verso Corporation Reports First Quarter 2015 Results
Marketwired - Fri May 15, 3:05PM CDT
Verso Corporation (NYSE: VRS) today reported financial results for the first quarter of 2015. Results for the quarters ended March 31, 2015 and 2014 include:
VRS: 11.10 (-0.20)
