Singulus Reports 2010 Financial Results

Singulus Technologies announced financial results for its fiscal year 2010. According to the statement, revenues came in at €120.1 million (US $170.27) for the year, up from €116.6 million (US $165.31) in 2009. Sales within the company’s optical disc division increased €20.0 million (US $28.36) over 2009 and totalled €88.7 million (US $125.75) for the …

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S&P Slashes Cinram’s Credit Rating

Standard & Poor’s Ratings Services announced that it has lowered its long-term corporate credit rating of Cinram International Inc. three levels from ‘CCC+’ to ‘CC.’ Additionally, Standard & Poor’s has lowered its issue-level rating on Cinram’s senior secured debt to ‘CC’ from ‘CCC+’ (recovery rating remains at ‘4’) and placed all Cinram ratings on CreditWatch …

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