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Catalyst Paper Corporation (T:CYT)

Business Focus: N/A

Jan 27, 2017 05:37 pm ET
Catalyst Paper Announces Successful Completion of Recapitalization
Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") announced today that the recapitalization (the "Recapitalization") and privatization (the "Privatization Transaction") of the Company have been implemented and are now effective....
Jan 27, 2017 05:37 pm ET
Catalyst Paper Announces Successful Completion of Recapitalization
Catalyst Paper Corporation (TSX: CYT) ("Catalyst" or the "Company") announced today that the recapitalization (the "Recapitalization") and privatization (the "Privatization Transaction") of the Company have been implemented and are now effective.
Jan 18, 2017 02:53 pm ET
Catalyst Receives Final Order of the Supreme Court of British Columbia for its Recapitalization and Privatization Transaction
Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") announced today that the Supreme Court of British Columbia has issued its final order approving the Company's recapitalization (the "Recapitalization") and privatization (the...
Jan 18, 2017 02:53 pm ET
Catalyst Receives Final Order of the Supreme Court of British Columbia for its Recapitalization and Privatization Transaction
Catalyst Paper Corporation (TSX: CYT) ("Catalyst" or the "Company") announced today that the Supreme Court of British Columbia has issued its final order approving the Company's recapitalization (the "Recapitalization") and privatization (the "Privatization Transaction") pursuant to a plan of arrangement under the Canada Business Corporations Act (the "Arrangement").
Jan 17, 2017 07:53 pm ET
Catalyst Shareholders and Noteholders Approve Recapitalization and Privatization Transaction
Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") announced today that the holders of its common shares (the "Shareholders") and PIK Toggle Senior Secured Notes due 2017 (the "Noteholders") have approved the statutory plan of...
Jan 17, 2017 07:53 pm ET
Catalyst Shareholders and Noteholders Approve Recapitalization and Privatization Transaction
Catalyst Paper Corporation (TSX: CYT) ("Catalyst" or the "Company") announced today that the holders of its common shares (the "Shareholders") and PIK Toggle Senior Secured Notes due 2017 (the "Noteholders") have approved the statutory plan of arrangement (the "Arrangement") relating to the Company's proposed recapitalization (the "Recapitalization") and privatization (the "Privatization Transaction"), all as further described in the management proxy circular of the Company dated December 14, 2016.
Dec 15, 2016 07:15 am ET
Catalyst Paper Announces Mailing of the Management Information Circular for its previously announced Proposed Recapitalization and the termination of the KGI transaction by the Supporting Parties
Catalyst Paper Corporation (TSX: CYT) ("Catalyst" or the "Company") announced today that the Management Information Circular containing additional information with respect to the previously announced recapitalization plan (the "Recapitalization") will be filed on SEDAR and EDGAR and mailed to the holders of common shares of Catalyst (the "Shareholders") and the holders (the "Noteholders") of the PIK Toggle Senior Secured Notes due 2017 (the "Notes") on Friday, December 16, 2016.
Dec 15, 2016 07:13 am ET
Catalyst Paper Announces Mailing of the Management Information Circular for its previously announced Proposed Recapitalization and the termination of the KGI transaction by the Supporting Parties
Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") announced today that the Management Information Circular containing additional information with respect to the previously announced recapitalization...
Dec 12, 2016 07:15 am ET
Catalyst Paper Obtains Interim Court Order for Recapitalization and Commitment Letters for Amended Credit Facilities
Catalyst Paper Corporation (TSX: CYT) ("Catalyst" or the "Company") announced today that it has obtained an interim order of the Supreme Court of British Columbia with respect to the recapitalization plan announced on October 26, 2016 (the "Recapitalization").
Dec 12, 2016 07:13 am ET
Catalyst Paper Obtains Interim Court Order for Recapitalization and Commitment Letters for Amended Credit Facilities
Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") announced today that it has obtained an interim order of the Supreme Court of British Columbia with respect to the recapitalization plan announced on October 26, 2016...
Nov 21, 2016 07:04 pm ET
Alleged Subsidies to Catalyst Paper Preliminarily Found to be Negligible and Non-countervailable by U.S. Department of Commerce
Catalyst Paper Corporation (TSX:CYT) today announced that the U.S. Department of Commerce (DOC) issued Preliminary Results in its expedited review of Catalyst, finding that Catalyst received a negligible (de minimis) amount of subsidies during the...
Nov 21, 2016 07:04 pm ET
Alleged Subsidies to Catalyst Paper Preliminarily Found to be Negligible and Non-countervailable by U.S. Department of Commerce
Catalyst Paper Corporation (TSX: CYT) today announced that the U.S. Department of Commerce (DOC) issued Preliminary Results in its expedited review of Catalyst, finding that Catalyst received a negligible (de minimis) amount of subsidies during the applicable period of review and therefore, subject to confirmation in the DOC's Final Results, Catalyst's exports of supercalendered paper (SC) into the U.S. market would not be subject to countervailing duties.
Nov 08, 2016 10:29 pm ET
Catalyst reports significantly improved operating results for the third quarter
Catalyst Paper Corporation (TSX: CYT) today reported significantly improved operating results for the quarter ended September 30, 2016 despite a non-cash impairment write-down of $186.4 million on fixed assets at our Powell River, Port Alberni and Crofton paper mills resulting in a $185.0 million net loss in the quarter. Excluding the non-cash impairment write-down and other significant items in the quarter, Catalyst reported net earnings before these items of $7.6 million. This compared to a net loss of $26.6 million and a net loss before specific items of $27.3 million in the previous
Nov 08, 2016 10:29 pm ET
Catalyst reports significantly improved operating results for the third quarter
Catalyst Paper Corporation (TSX:CYT) today reported significantly improved operating results for the quarter ended September 30, 2016 despite a non-cash impairment write-down of $186.4 million on fixed assets at our Powell River, Port Alberni...
Oct 31, 2016 07:15 am ET
Catalyst Paper Announces Execution of a Support Agreement with Principal Noteholders for Recapitalization
Catalyst Paper Corporation (TSX: CYT) ("Catalyst" or the "Company") today announced that it has entered into a support agreement (the "Recapitalization Support Agreement") with securityholders representing about 70% of the Company's outstanding common shares (the "Common Shares") and 87% of its 11% PIK Toggle Senior Secured Notes (the "Notes") in respect of the previously announced alternative recapitalization plan.
Oct 31, 2016 07:13 am ET
Catalyst Paper Announces Execution of a Support Agreement with Principal Noteholders for Recapitalization
Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") today announced that it has entered into a support agreement (the "Recapitalization Support Agreement") with securityholders representing about 70% of the Company's outstanding...
Oct 26, 2016 07:15 am ET
Catalyst Paper Announces Principal Securityholder Support for Recapitalization, and Provides Update regarding KGI Support Agreement
Catalyst Paper Corporation (TSX: CYT) ("Catalyst" or the "Company") today announced that it has received an alternative recapitalization proposal to be implemented if the previously announced acquisition proposal by Kejriwal Group International ("KGI") is not completed. The Board of Directors believes that the availability of such an alternative is in the interest of the Company and all of its stakeholders, and had requested that holders representing about 79% of the Company's outstanding common shares and 87% of its 11% PIK Toggle Senior Secured Notes (the
Oct 26, 2016 07:13 am ET
Catalyst Paper Announces Principal Securityholder Support for Recapitalization, and Provides Update regarding KGI Support Agreement
Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") today announced that it has received an alternative recapitalization proposal to be implemented if the previously announced acquisition proposal by Kejriwal Group International...
Oct 13, 2016 07:46 pm ET
Lawsuit Filed by Sunvault Energy Inc. and Aboriginal Power Corp. Against Catalyst Paper Discontinued
Catalyst Paper Corporation (TSX: CYT) is pleased to announce that Sunvault Energy Inc. and Aboriginal Power Corp. have discontinued the lawsuit previously commenced against Catalyst. The commencement of the lawsuit was previously announced and described in the company's news release of January 25, 2016.
Oct 13, 2016 07:46 pm ET
Lawsuit Filed by Sunvault Energy Inc. and Aboriginal Power Corp. Against Catalyst Paper Discontinued
Catalyst Paper Corporation (TSX:CYT) is pleased to announce that Sunvault Energy Inc. and Aboriginal Power Corp. have discontinued the lawsuit previously commenced against Catalyst. The commencement of the lawsuit was previously announced and...
Oct 11, 2016 07:21 pm ET
Catalyst Paper Corporation: 2016 Third Quarter Conference Call
Catalyst Paper Corporation (TSX: CYT) will hold a conference call on Wednesday, November 9, 2016 at 8:00 a.m. PST/11:00 a.m. EST to review the company's 2016 third quarter results. Joe Nemeth, President & Chief Executive Officer and Gerrie Kotze, Vice President, Finance will host the call.
Oct 11, 2016 07:21 pm ET
Catalyst Paper Corporation: 2016 Third Quarter Conference Call
Catalyst Paper Corporation (TSX:CYT) will hold a conference call on Wednesday, November 9, 2016 at 8:00 a.m. PST/11:00 a.m. EST to review the company's 2016 third quarter results. Joe Nemeth, President & Chief Executive Officer and Gerrie Kotze,...
Sep 29, 2016 05:15 pm ET
Frank De Costanzo Joins Eagle Bulk Shipping as Chief Financial Officer
STAMFORD, Conn., Sept. 29, 2016 /PRNewswire/ -- Eagle Bulk Shipping Inc. (Nasdaq: EGLE) (the "Company" or "Eagle Bulk") today announced that Frank De Costanzo will join the Company as Chief Financial Officer and Secretary, effective September 30th.  Mr. De Costanzo brings more than 30 years of banking, finance, public company and related leadership experience, with a focus on commodity and related markets.  This includes serving most recently as Senior Vice President and Chief Financial Officer of the Catalyst Paper Corporation (TSX: CYT), one of North America's largest pulp and paper compan
Sep 12, 2016 07:00 am ET
Catalyst Announces Resignation of Its Senior Vice President and Chief Financial Officer
Catalyst Paper Corporation (TSX: CYT) today announced that Frank De Costanzo, Senior Vice President and Chief Financial Officer, is leaving the company to pursue a CFO position with another organization. "While this was a difficult decision for me to make, I am truly proud of the work we have done during my tenure at Catalyst," said Mr. De Costanzo. "My new position will allow me to return to the U.S. and be closer to my family."
Sep 12, 2016 06:58 am ET
Catalyst Announces Resignation of Its Senior Vice President and Chief Financial Officer
Catalyst Paper Corporation (TSX:CYT) today announced that Frank De Costanzo, Senior Vice President and Chief Financial Officer, is leaving the company to pursue a CFO position with another organization. "While this was a difficult decision for...
Sep 07, 2016 05:46 pm ET
Catalyst to Launch New Specialty Product at Labelexpo Americas Conference
Catalyst Paper Corporation (TSX:CYT) today announced that it is launching Glide Graphics at the Labelexpo Americas conference in Rosemont, Illinois, September 13-15, 2016. Glide Graphics is the first in a series of release liner base...
Sep 07, 2016 05:46 pm ET
Catalyst to Launch New Specialty Product at Labelexpo Americas Conference
Catalyst Paper Corporation (TSX: CYT) today announced that it is launching Glide Graphics at the Labelexpo Americas conference in Rosemont, Illinois, September 13-15, 2016.
Sep 06, 2016 08:00 am ET
Discontinuance of Two Lawsuits Filed By the Halalt First Nation Against Catalyst Paper
Catalyst Paper Corporation (TSX: CYT) is pleased to announce that the Halalt First Nation has discontinued two lawsuits previously commenced against Catalyst. The commencement of the two lawsuits was previously announced and described in the company's news release of January 25, 2016.
Sep 06, 2016 07:58 am ET
Discontinuance of Two Lawsuits Filed By the Halalt First Nation Against Catalyst Paper
Catalyst Paper Corporation (TSX:CYT) is pleased to announce that the Halalt First Nation has discontinued two lawsuits previously commenced against Catalyst. The commencement of the two lawsuits was previously announced and described in the...
Aug 16, 2016 11:24 pm ET
Catalyst Paper Corporation's Principal Securityholders and KGI Amend Support Agreement for a Potential Acquisition of Catalyst Paper; KGI Begins Due Diligence Process
Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") today announced that its four largest shareholders holding or controlling approximately 79% of its outstanding common shares, including accounts or funds managed by Mudrick Capital...
Aug 16, 2016 11:24 pm ET
Catalyst Paper Corporation's Principal Securityholders and KGI Amend Support Agreement for a Potential Acquisition of Catalyst Paper; KGI Begins Due Diligence Process
Catalyst Paper Corporation (TSX: CYT) ("Catalyst" or the "Company") today announced that its four largest shareholders holding or controlling approximately 79% of its outstanding common shares, including accounts or funds managed by Mudrick Capital Management, L.P., Cyrus Capital Partners, LP, Oaktree Capital Management, L.P. and Stonehill Capital Management LLC (collectively, the "Principal Securityholders"), have amended the previously announced support agreement with Kejriwal Group International ("KGI") and accordingly filed amended Schedule 13Ds
Jul 27, 2016 08:54 pm ET
Catalyst Announces Second Quarter Results
Catalyst Paper Corporation (TSX:CYT) today announced results for the second quarter ended June 30, 2016. The company recorded a net loss of $26.6 million and a net loss before specific items of $27.3 million in the second quarter. This...
Jul 27, 2016 08:54 pm ET
Catalyst Announces Second Quarter Results
Catalyst Paper Corporation (TSX: CYT) today announced results for the second quarter ended June 30, 2016.
Jun 30, 2016 07:30 am ET
Catalyst Paper Corporation's Principal Securityholders and KGI Enter Into a Support Agreement for a Potential Acquisition of Catalyst Paper
Catalyst Paper Corporation (TSX: CYT) ("Catalyst" or the "Company") today announced that it has been advised that the four largest shareholders of the Company holding or controlling approximately 79% of the Company's outstanding common shares, that include Mudrick Capital Management, L.P., Cyrus Capital Partners, LP, Oaktree Capital Management, LP and Stonehill Capital Management LLC (collectively, the "Principal Securityholders") have entered into a support agreement with Kejriwal Group International ("KGI"). The Principal Securityholders have filed
Jun 30, 2016 07:28 am ET
Catalyst Paper Corporation's Principal Securityholders and KGI Enter Into a Support Agreement for a Potential Acquisition of Catalyst Paper
Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") today announced that it has been advised that the four largest shareholders of the Company holding or controlling approximately 79% of the Company's outstanding common shares, that...
Jun 29, 2016 05:30 pm ET
2016 Second Quarter Conference Call
Catalyst Paper Corporation (TSX: CYT) will hold a conference call on Thursday, July 28, 2016 at 8:00 a.m. PDT / 11:00 a.m. EDT to review the Company's 2016 second quarter results. Joe Nemeth, President & Chief Executive Officer, and Frank De Costanzo, Senior Vice President & Chief Financial Officer, will host the call.
Jun 29, 2016 05:28 pm ET
2016 Second Quarter Conference Call
Catalyst Paper Corporation (TSX:CYT) will hold a conference call on Thursday, July 28, 2016 at 8:00 a.m. PDT / 11:00 a.m. EDT to review the Company's 2016 second quarter results. Joe Nemeth, President & Chief Executive Officer, and Frank De...
Jun 07, 2016 05:38 pm ET
Catalyst Paper Named One of Canada's Top Corporate Citizens, 10th Year in a Row
Catalyst Paper (TSX: CYT) today announced that it has been named for the 10th consecutive year as one of the Best 50 Corporate Citizens in Canada by Corporate Knights Magazine, which reports on corporate sustainability and transparency.
Jun 07, 2016 05:38 pm ET
Catalyst Paper Named One of Canada's Top Corporate Citizens, 10th Year in a Row
Catalyst Paper (TSX:CYT) today announced that it has been named for the 10th consecutive year as one of the Best 50 Corporate Citizens in Canada by Corporate Knights Magazine, which reports on corporate sustainability and transparency. "We...
Jun 02, 2016 01:30 pm ET
U.S. Senator Susan Collins (R-ME) Tours Catalyst Paper's Rumford Mill; Supports Mill Revitalization Efforts
Catalyst Paper today welcomed United States Senator Susan Collins to the company's pulp and paper mill in Rumford, Maine.
May 23, 2016 10:09 pm ET
Principal Stakeholders and KGI Enter into a Letter of Intent for a Potential Acquisition of Catalyst Paper
Catalyst Paper Corporation (TSX: CYT) ("Catalyst" or the "Company") announced today that its board of directors has received a copy of an expression of intent among Kejriwal Group International ("KGI") and the four largest shareholders of the Company holding or controlling approximately 79% of its outstanding common shares, including Mudrick Capital Management, L.P., Cyrus Capital Partners, LP, Oaktree Capital Management, LP and Stonehill Capital Management LLC (collectively, the "Principal Securityholders"). The Principal Securityholders have
May 23, 2016 10:09 pm ET
Principal Stakeholders and KGI Enter into a Letter of Intent for a Potential Acquisition of Catalyst Paper
Catalyst Paper Corporation (TSX:CYT) ("Catalyst" or the "Company") announced today that its board of directors has received a copy of an expression of intent among Kejriwal Group International ("KGI") and the four largest shareholders of the Company...
May 18, 2016 05:30 pm ET
Powell River G13 Turbine Project Wins National Energy Conservation Leadership Award
Catalyst Paper (TSX: CYT) today announced that its Powell River mill has won the prestigious Canadian Industry Program for Energy Conservation (CIPEC) Leadership Award. Powell River was recognized in the category of Energy Performance Management in recognition of its successful installation of the G13 Turbine.
May 18, 2016 05:28 pm ET
Powell River G13 Turbine Project Wins National Energy Conservation Leadership Award
Catalyst Paper (TSX:CYT) today announced that its Powell River mill has won the prestigious Canadian Industry Program for Energy Conservation (CIPEC) Leadership Award. Powell River was recognized in the category of Energy Performance Management in...
May 17, 2016 12:38 am ET
Catalyst Paper's Three Major Shareholders Complete Schedule 13D Filings
Catalyst Paper Corporation (TSX: CYT) announced today that it has been informed that three of its major shareholders, Mudrick Capital Management, L.P., Cyrus Capital Partners, L.P. and OCM Luxembourg VOF Sarl, a fund indirectly managed by Oaktree Capital (the "Reporting Persons"), have on an individual basis completed Schedule 13D filings with the United States Securities and Exchange Commission disclosing that they are currently engaged in discussions with a third party concerning a potential material strategic transaction involving Catalyst Paper. The Reporting Persons have also
May 17, 2016 12:38 am ET
Catalyst Paper's Three Major Shareholders Complete Schedule 13D Filings
Catalyst Paper Corporation (TSX:CYT) announced today that it has been informed that three of its major shareholders, Mudrick Capital Management, L.P., Cyrus Capital Partners, L.P. and OCM Luxembourg VOF Sarl, a fund indirectly managed by Oaktree...
May 11, 2016 07:06 pm ET
Catalyst Paper Announces Voting Results for the Election of Directors
Catalyst Paper (TSX:CYT) today announced the voting results of the Annual General Meeting held May 10, 2016 in Richmond, BC. Shareholders voted in favour of all the items of business before the meeting including the election of all director...
May 11, 2016 07:06 pm ET
Catalyst Paper Announces Voting Results for the Election of Directors
Catalyst Paper (TSX: CYT) today announced the voting results of the Annual General Meeting held May 10, 2016 in Richmond, BC.
May 09, 2016 08:11 pm ET
Catalyst Announces First Quarter Results
Catalyst Paper (TSX:CYT) today announced results for the first quarter ended March 31, 2016. Adjusted earnings before tax, depreciation and amortization (EBITDA) was $17.1 million and adjusted EBITDA before specific items was $17.7 million...
May 09, 2016 08:11 pm ET
Catalyst Announces First Quarter Results
Catalyst Paper (TSX: CYT) today announced results for the first quarter ended March 31, 2016.
May 09, 2016 05:39 pm ET
Catalyst Paper Increases Its Asset-Based Lending Credit Facility
Catalyst Paper Corporation (TSX:CYT) announced today the amendment of its Asset-Based Lending credit facility (ABL facility). The amendment included an increase of the maximum revolving credit commitments by $25 million to $250 million. The ABL...
May 09, 2016 05:38 pm ET
Catalyst Paper Increases Its Asset-Based Lending Credit Facility
Catalyst Paper Corporation (TSX: CYT) announced today the amendment of its Asset-Based Lending credit facility (ABL facility). The amendment included an increase of the maximum revolving credit commitments by $25 million to $250 million. The ABL facility lenders are CIBC as Administrative Agent, Wells Fargo Capital Finance Corporation of Canada (Wells Fargo), Export Development Canada (EDC) and Bank of Montreal (BMO).
Feb 29, 2016 11:14 pm ET
Catalyst Reports Fourth Quarter & Year End Results for 2015
RICHMOND, BC, Feb. 29, 2016 /CNW/ - Catalyst Paper (TSX:CYT) today reported fourth quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $15.1 million and EBITDA before specific items of $19.8 million.  This compares to adjusted EBITDA of $38.8 million and adjusted EBITDA before specific items of $41.2 million in the third quarter of 2015.
Feb 29, 2016 11:14 pm ET
Catalyst Reports Fourth Quarter & Year End Results for 2015
RICHMOND, BC, Feb. 29, 2016 /PRNewswire/ - Catalyst Paper (TSX:CYT) today reported fourth quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $15.1 million and EBITDA before specific items of $19.8 million.  This compares to adjusted EBITDA of $38.8 million and adjusted EBITDA before specific items of $41.2 million in the third quarter of 2015.
Jan 28, 2016 11:25 am ET
Catalyst Paper Reports Fatality at its Crofton Mill
RICHMOND, BC, Jan. 28, 2016 /CNW/ - Catalyst Paper (TSX: CYT) regrets to report the occurrence of a fatal incident involving an employee at its Crofton mill. The incident resulted from an industrial vehicle roll-over which occurred yesterday evening at the mill.
Jan 28, 2016 11:25 am ET
Catalyst Paper Reports Fatality at its Crofton Mill
RICHMOND, BC, Jan. 28, 2016 /PRNewswire/ - Catalyst Paper (TSX: CYT) regrets to report the occurrence of a fatal incident involving an employee at its Crofton mill. The incident resulted from an industrial vehicle roll-over which occurred yesterday evening at the mill.
Jan 25, 2016 07:45 am ET
Two Lawsuits Filed by Halalt First Nation Against Catalyst
RICHMOND, BC,, Jan. 25, 2016 /CNW/ - Catalyst Paper (TSX: CYT) announced today that it has been served with two Notices of Civil Claim by the Halalt First Nation and its business partners. Catalyst denies the allegations contained in both claims and intends to vigorously defend itself.
Jan 25, 2016 07:45 am ET
Two Lawsuits Filed by Halalt First Nation Against Catalyst
RICHMOND, BC,, Jan. 25, 2016 /PRNewswire/ - Catalyst Paper (TSX: CYT) announced today that it has been served with two Notices of Civil Claim by the Halalt First Nation and its business partners. Catalyst denies the allegations contained in both claims and intends to vigorously defend itself.
Jan 22, 2016 07:38 pm ET
2015 Fourth Quarter & Year End Results Conference Call
RICHMOND, BC, Jan. 22, 2016 /PRNewswire/ - Catalyst Paper (TSX:CYT) will hold a conference call on Tuesday, March 1, 2016 at 8:00 a.m. PST / 11:00 a.m. EST to review the Company's 2015 fourth quarter and year end results. Joe Nemeth, President & Chief Executive Officer and Frank De Costanzo, Senior Vice President & Chief Financial Officer, will host the call. 
Jan 22, 2016 07:38 pm ET
2015 Fourth Quarter & Year End Results Conference Call
RICHMOND, BC, Jan. 22, 2016 /CNW/ - Catalyst Paper (TSX:CYT) will hold a conference call on Tuesday, March 1, 2016 at 8:00 a.m. PST / 11:00 a.m. EST to review the Company's 2015 fourth quarter and year end results. Joe Nemeth, President & Chief Executive Officer and Frank De Costanzo, Senior Vice President & Chief Financial Officer, will host the call.