Welcome to our dedicated page for RRD news (Ticker: RRD), a resource for investors and traders seeking the latest updates and insights on RRD stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RRD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RRD's position in the market.
R.R. Donnelley & Sons Company (RRD) has activated its Touchless World solution to support the production and distribution of Apple App Clip Codes. This innovation allows iPhone users to quickly access app features via scannable codes. RRD’s approach integrates NFC technology with dynamic printing, enhancing the consumer experience. With contactless payments projected to grow at a CAGR of 12.9% through 2027, RRD positions itself as a key player in this sector, offering custom solutions for brands to comply with Apple’s requirements.
R.R. Donnelley & Sons Company (RRD) has introduced a new vaccination distribution toolkit designed for healthcare providers and agencies to support COVID-19 vaccine rollout. This toolkit offers solutions in three key areas: vaccine awareness, clinician and retailer operational needs, and post-vaccination support. As COVID-19 vaccines await FDA Emergency Use Authorization, efficient communication and marketing strategies will be crucial in overcoming vaccine hesitancy, with over 80% of physicians citing safety concerns as a barrier to adoption.
R.R. Donnelley & Sons Company (RRD) has launched ConnectOne by RRD, a comprehensive communications management platform designed to enhance brand continuity and streamline workflows for marketers. This platform offers technologies for marketing automation, digital asset management, and data-driven supply chain management, all accessible through a unified portal. It aims to optimize customer experiences, improve efficiency, and lower costs. ConnectOne is already in use by several large corporations, promising a data-driven approach to modern communication challenges.
R.R. Donnelley & Sons Company (NYSE: RRD) has completed the sale of its International Mail and Parcel Logistics business to ePost Global LLC. This divestiture aligns with RRD's strategic plan to exit its Logistics platform, as stated by CEO Dan Knotts, who expressed gratitude to the International Logistics employees. RRD continues to focus on providing multichannel business communications and marketing solutions globally, leveraging its comprehensive portfolio to optimize customer engagement.
R.R. Donnelley & Sons Company (NYSE: RRD) has successfully completed the sale of its DLS Worldwide Logistics business to TFI International Inc. (NYSE and TSX: TFII). This strategic transaction aims to optimize RRD's business portfolio and enhance financial flexibility. CEO Dan Knotts emphasized the importance of this sale in reinforcing the company's focus on marketing and business communications. RRD operates globally with over 35,000 employees, delivering diverse multichannel business communications and marketing solutions.
R.R. Donnelley & Sons Company (NYSE: RRD) reported Q3 2020 financial results with a 15.9% decrease in GAAP net sales, totaling $1.19 billion. Income from operations fell to $15.9 million, down 77.6% year-over-year, primarily due to restructuring charges. Despite challenges, adjusted income from operations remained stable at $73.9 million, with adjusted income per share rising 28% to $0.32. Operating cash flow improved by $40.1 million compared to last year. RRD plans to sell its Logistics DLS Worldwide business for $225 million to optimize its portfolio and reduce debt.
R.R. Donnelley & Sons Company (RRD) has launched Touchless World by RRD™, a suite of solutions utilizing scannable smart tags for enhanced consumer engagement. A survey reveals that 87% of shoppers favor touchless checkout during the COVID-19 pandemic, and contactless payment is projected to surge by 200% by 2025. RRD's offerings aim to boost safety and integrate seamlessly with marketing strategies, leveraging over two billion NFC-enabled devices. This technology is positioned as a key driver for new customer engagement ecosystems.
R.R. Donnelley & Sons Company (NYSE:RRD) will report its third quarter results on October 27, 2020, followed by a conference call on October 28, 2020, at 11:00 AM Eastern time. Interested participants must register in advance to join the webcast or receive dial-in information. A replay will be available until January 31, 2021. RRD is a global provider of multichannel business communications services with over 50,000 clients and 36,400 employees across 29 countries, offering comprehensive solutions to optimize customer engagement.
R.R. Donnelley & Sons Company (RRD) introduces the patented Flex Mailer™, an innovative mailing solution designed to transform parcel shipments into cost-effective automated flats for USPS delivery. This flexible design not only enhances product safety but also provides significant savings, exemplified by AARP's recent shipment of 50,000 face masks, which resulted in lower postage costs. The Flex Mailer is fully recyclable and ideal for various industries, contributing to efficiency and environmental responsibility.
Chatham Asset Management, which holds approximately 9.9% of R.R. Donnelley & Sons Company (RRD), has commended RRD on its recent strategic initiatives while proposing actions to stabilize its financial standing. In a letter to RRD's management, Chatham suggested an immediate defeasance transaction to address $150 million in upcoming debt maturities and proposed a stock repurchase program to enhance shareholder value. Chatham appreciates RRD's proactive engagement with stakeholders and believes these steps are essential for bolstering liquidity and strengthening the company's financial transformation.
