Archive for July, 2007

Spirit Finance Corporation Announces Anticipated Closing Date for Merger with Macquarie-Led Consortium

Sunday, July 29th, 2007

Spirit Finance Corporation (NYSE: SFC) (the “Company” or “Spirit Finance”) today announced that in connection with the anticipated completion of the merger with Redford Merger Co., which is owned by a consortium of investors including Macquarie Bank Limited, Kaupthing Bank hf. and other independent equity participants (collectively, the “Consortium”), the Company declared a cash dividend [...]

Ex-Kelkoo co-founder appointed as Commission Junctions first European Sales Director

Sunday, July 29th, 2007

ValueClick Europe’s Commission Junction division, one of the leading affiliate marketing companies in Europe, has appointed its first European Sales Director.
Pablo Gravier joined on 28 June in the new role and will work with the sales teams in France, UK, Germany and the Nordic region to develop the ongoing the sales strategy and identify [...]

The New York Times Company Reports 2007 Second-Quarter Results

Wednesday, July 25th, 2007

The New York Times Company announced today second-quarter earnings per share (EPS) from continuing operations of $.15, compared with $.37 in the second quarter last year. Excluding the special items noted below, EPS was $.34 from continuing operations compared with $.37 in the second quarter last year. Operating profit decreased to $43.3 million from $86.2 [...]

HP to Acquire Opsware Inc

Monday, July 23rd, 2007

HP today announced that it has signed a definitive agreement to purchase Opsware Inc, a market-leading data center automation software company, through a cash tender offer for $14.25 per share, or an enterprise value (net of existing cash and debt) of approximately $1.6 billion on a fully diluted basis.
Upon closing, the acquisition will enhance HP’s [...]

Startup Meme – ChoiceStream Raises $25.79 Million For Personalized Recommendation Service

Monday, July 23rd, 2007

ChoiceStream, a Cambridge, MA based online content recommendation and personalization service, has raised $25.79 million at a valuation of around $250 million from a single investor (name undisclosed) in its 3rd Round of Funding. Precious investors include General Catalyst, Sutter Hill Ventures and a family trust affiliated with ChoiceStream CEO Stephen Johnson.
ChoiceStream´s relevance and recommendation [...]

optionsXpress Announces Record Second Quarter 2007 Results

Friday, July 20th, 2007

optionsXpress Holdings, Inc. (NasdaqGS: OXPS) today reported record results for the three months ended June 30, 2007. Highlights from the second quarter 2007 included:
Record revenues of $59.4 million, a 26% increase year-over-year
Record net income of $23.2 million, or $0.37 per diluted share
Record daily average revenue trades (DARTs) of 32,700, a 15% increase [...]

COMM BANCORP, INC. Reports Increased Second Quarter Earnings

Wednesday, July 18th, 2007

Comm Bancorp, Inc. today reported second quarter 2007 earnings of $1,880 thousand or $1.06 per share, an increase of $305 thousand or 19.4% compared to $1,575 thousand or $0.85 per share for the same quarter of 2006. Earnings for the six months ended June 30, improved $260 thousand or 8.3% to $3,385 thousand or $1.87 [...]

RocketCity (RCAU) Releases Mid-Year Update to Shareholders on Company Operations and Financial Status

Tuesday, July 17th, 2007

Information Regarding Pending Acquisitions, Contracts, Financials and Authorized Stock-Split Discussed
Rocket City Automotive Group, Inc. (Pink Sheets:RCAU) is pleased to announce that in an effort to keep shareholders informed, the Company is releasing an overview report regarding the operations of the Company throughout the first half of 2007.
“In a day and age in where countless companies [...]

DJO Enters into Merger Agreement with ReAble Therapeutics, Inc.

Monday, July 16th, 2007

DJO Incorporated (NYSE:DJO), a global provider of products and services that promote musculoskeletal and vascular health, and ReAble Therapeutics, Inc., a diversified medical device company focused on rehabilitation, pain management, physical therapy and orthopedics, today announced the signing of an agreement and plan of merger under which an affiliate of ReAble will acquire all outstanding [...]

Eagle Rock Energy Partners, L.P. Announces Chief Financial Officer Richard W. FitzGerald Injured in Accident, Names Acting Chief Financial Officer

Monday, July 16th, 2007

Eagle Rock Energy Partners, L.P. (Nasdaq:EROC) (“Eagle Rock” or the “Partnership”) announced today that Richard W. FitzGerald, its senior vice president and chief financial officer, suffered a serious accident while on vacation last week. The extent of his injuries is unknown at this time, but it is believed that it will keep Mr. FitzGerald away [...]




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