Was Quad Graphics sold?

Was Quad Graphics sold?

SUSSEX — Quad/Graphics, Inc. has sold its QuadExpress third-party logistics business for $40 million to Mullen Group Ltd., one of Canada's largest logistics providers, according to a Wednesday news release.1 Jul 2021

Is Quad Graphics going out of business?

Citing volume declines in an already challenging retail environment and exacerbated by the COVID-19 pandemic, Sussex, Wis. -based Quad closed out a tumultuous 2020 by announcing it will permanently cease print manufacturing operations at three production facilities in early 2021, impacting approximately 650 workers.5 Jan 2021

Is Quad Graphics in trouble?

As revenue declines, Quad/Graphics closes four plants, eliminates 1,100 jobs in four states. With its commercial printing revenue declining 29% this year, Quad/Graphics Inc. As of the end of 2019, Quad/Graphics had 19,600 full-time equivalent employees, according to its 10-K annual report.6 Nov 2020

Who does Quad Graphics print for?

Condé Nast

Is Quad Graphics a good stock to buy?

QUAD has a Quality Grade of B, ranking ahead of 83.26% of graded US stocks. QUAD's asset turnover comes in at 1.595 -- ranking 52nd of 563 Business Services stocks.

Who bought Quad Graphics?

Bertelsmann, the German media conglomerate that owns the U.S's largest publisher, Penguin Random House, has acquired Quad/Graphics's two remaining book manufacturing facilities.3 Nov 2020

Is Quad Graphics closing plants 2019?

Quad/Graphics closes 4 plants, eliminates 1,100 jobs amid falling revenue: Report. SUSSEX — Quad/Graphics Inc., the Sussex, Wis. -based printing company, has decided to close four plants and eliminate 1,100 jobs across the country, the Milwaukee Business Journal reports.6 Nov 2020

Is Qada a good stock to buy?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for QAD in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" QAD stock.

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