united stationers inc (USTR) Key Developments
United Stationers Appoints Professional Business Systems as Reseller
Jun 10 14
Professional Business Systems has been appointed a partnering distributor with United Stationers. With the new direction and rapidly evolving business market PBS recognizes that it is estimated that 71% of businesses order supplies online. PBS and its new capabilities is generating online solutions that include over 100,000 items all offered seamlessly in one location. PBS now has the ability to offer businesses an e-commerce solution specifically for their business. All with many different levels of security and reporting functions in an easy to use system.
United Stationers Announces Executive Changes
Jun 4 14
United Stationers announced that Christine S. Ieuter will join the company as vice president, controller and chief accounting officer, effective July 14. Ieuter replaces Kenneth M. Nickel who announced in March that he was leaving the company. After leaving her 7-year career in public accounting, which included working at Ernst & Young LLP and Price Waterhouse LLP, Ieuter was the director of SEC reporting, as well as the director of investor relations at The Allstate Corporation before serving in her current position as director of corporate finance.
United Stationers Inc. Presents at Jefferies 2014 Global Consumer Conference, Jun-18-2014 11:30 AM
May 27 14
United Stationers Inc. Presents at Jefferies 2014 Global Consumer Conference, Jun-18-2014 11:30 AM. Venue: The White Elephant Hotel, Nantucket, Massachusetts, United States. Speakers: Paul Cody Phipps, Chief Executive Officer, President, Director and Member of Executive Committee, Todd A. Shelton, Chief Financial Officer and Senior Vice President.
United Stationers Inc. Declares Regular Dividend, Payable on July 15, 2014
May 22 14
United Stationers Inc. announced that on May 21, 2014 its board of directors declared a $0.14 per share dividend payable on July 15, 2014 to stockholders of record at the close of business on June 13, 2014.
United Stationers Seeks Acquisitions
Apr 24 14
United Stationers Inc. (NasdaqGS:USTR) seeks acquisitions. "As we've said on previous calls, diversification is a core part of our strategy now, so we've been ramping up our capabilities there. The target areas for us are both industrial and Jan/San, and we've got a very active pipeline there. Nothing to talk about at this time, but we will be pursuing additional acquisitions both from a capability building standpoint and diversification standpoint. I think one way to think about it, though, we tend to follow a balanced approach between acquisitions as part of our diversification strategy, the dividend, and share repurchase. So we'll continue that balanced approach as we go forward. And we don't try to time the market. We do this through a 10-B-51 plan, and that's how we'll continue to do it," said Cody Phipps, United Stationers Inc. - President and Chief Executive Officer. "Our financial position continues to be solid, and we have ample flexibility to fund our business initiatives, make additional acquisitions to reposition our portfolio, and return capital to shareholders through dividend and share repurchases. We appreciate your attention, and at this time, we'll ask our moderator to open the question and answer session," said Todd Shelton, United Stationers Inc. - Senior Vice President and Chief Financial Officer.