Archive for February, 2010
The Globe and Mail lists Fortress Paper as a prime investment
Over the past few weeks The Globe and Mail‘s Report on Business section has been taking a look at company stocks that tend to do well in the early stages of an economic rebound. According to Globe and Mail analysts, microcap companies – publicly traded companies that have a market capitalization of roughly US$250 million [...]
An in-depth look at Canadian banknote security features
Security features for banknotes around the world come in various forms. From holograms, to see through windows, to covert text, banknotes are outfitted with many different high-tech elements that help prevent counterfeiting. This article details the security features specific to the Canadian $20 bill. #1 – Metallic Stripe (holographic stripe): Numbers and two-tone maple leaves [...]
VIDEO: BNN discusses Fortress Paper’s PM1 upgrade
Last week, Patt Bolland – host of BNN’s Trading Day – talked to Brian Pow, vice president of research and equity analyst for Acumen Capital, about Fortress Paper’s new PM1 upgrade and discussed how this change will have a positive effect on the company’s future. Watch the clip HERE (the Fortress Paper segment begins around [...]
Fortress Paper Announces Signing of EUR 18.5 Million Loan for PM1 Rebuild
Fortress Paper Ltd. (TSX:FTP) www.fortresspaper.com (“Fortress Paper” or the “Corporation”) announces the signing by its wholly-owned subsidiary Dresden Papier GmbH (“Dresden”) of a loan agreement for EUR 18.5 million (CDN $26.5M) with GE Capital Bank AG in connection with the rebuild of Landqart AG’s (“Landqart”) papermachine no. 1 (“PM1″) to produce banknote papers. The loan [...]
“Counterfeiting, A Three-Part Series.” Part 3: Modern anti-counterfeiting measures
*This article is the last in a three-part series on counterfeiting. Read the first two articles in the series: Part 1, Part 2 Anti-counterfeiting technology in and on banknotes has been evolved more over the past 30 years than it has in the entire history of money. Today’s banknotes are not just used as currency; [...]
London airport introduces biometric scanners
London’s Stansted Airport has begun using biometric e-passport gates that use facial recognition technology to process incoming passengers. Passengers with new e-passports traveling to the UK via Stansted can use the Autogates, which scan their face and check their passport photo in seconds – both helping to save time in line and provide a more [...]
Fortress Paper Announces Record Fourth Quarter 2009 Results
Fortress Paper Ltd. (TSX: FTP.TO) (“Fortress Paper” or the “Company”) reported net income of $3.7 million for the fourth quarter of 2009 on sales of $51.0 million or diluted earnings per share of $0.35. For the fourth quarter of 2008 the Company reported net income of $2.8 million on sales of $46.3 million or basic [...]
Jennings Capital Raises Fortress Paper Target
Russell Stanley, analyst at Jennings Capital Inc. rates Fortress a “buy,” and has raised his one-year target to $22 a share from $14.50. Fortress Paper Ltd., which makes security and other specialty papers, with mills in Switzerland and Germany expects to have sufficient financing to complete the rebuild of its PMI machine, which is the [...]
Seven interesting intricacies of Asian currency
All banknotes are intricately designed with particular pictures, security features and unique stories. This article posted on CNNGo.com takes a closer look at seven of the most interesting intricacies of Asian currency. Funny money: The wacky world of Asian currencies by La Carmina @ CNNGo.com #1- India: Thumbs-up and peace sign rupees India’s one-rupee coin [...]
North Korean won plunges in value
Nearly a month after North Korea redenominated its currency at a rate of 100 to 1 (read North Korea changes currency and rates 100 to 1), North Korea changes currency and rates 100 to 1), its international value has also begun to plunge. Reports from South Korea’s Yonhap news agency this week stated the new [...]
