Verso (OTC:VRSZW), Quotes and News Summary

Verso Corp is a producer of coated paper, shipped in both roll and sheet formats, which is used primarily in printing applications to produce advertising brochures, catalogs and magazines among other media and marketing publications as well as specialty and packaging applications. It also produces and sells Northern Bleached Hardwood Kraft, or NBHK pulp, which is used to manufacture printing and writing paper grades and tissue products. The company has two operating segments namely, paper and pulp. The company manufactures paper products that serve the graphic and specialty paper markets. The company generates revenue through product sales, and shipping terms generally indicate when the performance obligation has been fulfilled and control of products has been passed to the customer.