Ritek and CMC Up and Down in December
DIGITIMES reports that CMC Magnetics and Ritek have announced unaudited revenues for Dec. 2009 of NT$1.403 billion (US$44.1 million) and NT$1.469 billion (US$46.1 million) respectively.
Archive of posts filed under the Financial category.
Netflix Sets Date for Q4 2009 Results
Netflix, Inc. announced that it will host a conference call to discuss its fourth-quarter 2009 financial results and business outlook on Wednesday, January 27, 2010 at 3:00 p.m. Pacific Time, following the release of the Company’s quarterly financial results. Reed Hastings, CEO and co-founder, and Barry McCarthy, CFO, will host the call.
Corel Cuts Workforce by 20 Percent
Corel Corporation announced that it is cutting its global workforce by approximately 20% worldwide.
Moser Baer Seeking to Raise $100M
In a filing to the Bombay Stock Exchange, Moser Baer India Ltd. announced its intention to raise as much as $100 million (USD).
DTS Shares Fall on Blu-ray Pricing Concerns
Dow Jones Newswires reports that shares of DTS Inc. fell 6.4% to $30.95 Monday on concerns about the lower average selling prices of Blu-ray Disc players and the possibly that anticipated growth in DTS’ personal computer business will be delayed until later in 2010.
Cinram Completes Senior Debt Buyback
Cinram International Income Fund announced that it has completed its program of repurchasing its senior debt, at amounts below par, pursuant to the previously disclosed amendment to its subsidiaries’ senior secured credit facility approved March 30, 2009 having maximized the buyback opportunity pursuant to the terms of the amendment.
Audiovox Sets Date for 2010 Q3 Results
Audiovox Corporation announced that it plans to report its fiscal 2010 third quarter and nine month results for the period ended November 30, 2009 on Monday, January 11, 2010, after market close. The Company also disclosed that it will be hosting a conference call and webcast on Tuesday, January 12, 2010 at 10 a.m. EST. …
Thomson Restructuring Plan Approved by Creditors’ Committees
Thomson S.A. announced that its noteholders voted to approve the restructuring plan it made public on 9 December 2009. According to the statement, all creditors’ committees have now approved Thomson’s restructuring plan, which will now be presented to its shareholders. For more information visit: www.thomson.net
Silicon Image Financial Analyst and Investor Meeting at CES
Silicon Image, Inc. announced that it will hold its financial analyst and investor meeting during the 2010 International Consumer Electronics Show (CES) in Las Vegas on Friday, January 8, 2010 from 8:00am – 10:00am PT. According to the statement, invited guests will be attending the meeting at the MGM Grand Hotel Conference Center and the …
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Sonic Solutions to Raise $27 Million
Sonic Solutions announced the public offering of 3 million shares of its common stock at $9.70 per share. According to the statement, the company will receive approximately $27.2 million (net fees and other expenses) and intends to use the proceeds primarily for general corporate purposes.
AOL Replaces Imation in S&P MidCap 400
Standard & Poors (S&P) announced that, after the close of trading on December 9, 2009, AOL Inc. (NYSE:AOL) has replaced Imation Corp. (NYSE:IMN) in its S&P MidCap 400 index.