Print services provider R.R. Donnelley (separate from directory services company R.H. Donnelley) said Q2 net earnings from continuing operations came in $145.1 million ($0.68 per diluted share) from last year's net loss of $69.4 million ($0.32 per diluted share). Net sales in the quarter were $2.9 billion, up nearly 4.6 percent from Q207, thanks to acquisitions and favorable foreign exchange rates. Nevertheless, revenues were still held back by "continued price pressure and volume declines."
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By David Kaplan