latest news releases from the newsroom
APAC Customer Services to Host Conference Call and Webcast On Fourth-Quarter
BANNOCKBURN, Ill., Feb. 10, 2009 (GLOBE NEWSWIRE) -- APAC Customer Services, Inc. (Nasdaq:APAC), a leading provider of customer care services and solutions, will report financial results for its fourth fiscal quarter and full year ended December 28, 2008 after the market closes on Wednesday, February 18, 2009. Management will hold a conference call, including a visual presentation, to discuss these results on Thursday, February 19, 2009 at 10:00 a.m. Central Time (11:00 am ET). To participate in the live call by telephone, please dial (719) 325-4781 and reference APAC's earnings call. No pass code is required.
Levi & Korsinsky, LLP
Levi & Korsinsky, LLP Investigates Breach of Fiduciary Duty by the Board of Ticketmaster Entertainment, Inc.
NEW YORK, Feb. 10, 2009 (GLOBE NEWSWIRE) -- Levi & Korsinsky ("L&K") is investigating breaches of fiduciary duty and other violations of state law by the board of directors of Ticketmaster Entertainment, Inc. ("Ticketmaster" or the "Company") (Nasdaq:TKTM) arising out their agreeing to merge with Live Nation Entertainment Inc. ("Live Nation"). Under the terms of the agreement, shareholders of Ticketmaster will receive 1.384 shares of Live Nation for each share of Ticketmaster they own which amounts to $7.32 per share, based on the February 9, 2009 closing price of Live Nation stock. The transaction is unfair, given that, among other things, Ticketmaster shares traded above $10.00 as recently as November 2008.
Brodsky & Smith, LLC
Law Office of Brodsky & Smith, LLC Announces Investigation of Investor Options in Possible Merger of SiRF Technology Holdings, Inc.
BALA CYNWYD, Pa., Feb. 10, 2009 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith, LLC announces that it is investigating the legal ramifications of the proposed merger of SiRF Technology Holdings, Inc. ("SiRF" or the "Company") (Nasdaq:SIRF) with CSR plc. ("CSR"). Under the terms of the agreement, SiRF shareholders will receive 0.741 shares of CSR stock for each share of SiRF common stock they own. Based on the closing stock price for CSR on February 9, 2009, SiRF shareholders would receive the equivalent of $2.06 for each of their shares representing total consideration of $136 million. The deal appears to be undervalued given the fact that less than a year ago SiRF stock was trading at over $7.00 a share and as recently as September 2008, SiRF stock traded at over $2.50 a share.
ALLDATA(r)diy.com Expands Coverage of 2008 Makes and Models
ELK GROVE, Calif., Feb. 10, 2009 (GLOBE NEWSWIRE) -- ALLDATA(r), the leading provider of vehicle manufacturers' service and repair information for professional repair shops, is pleased to announce 2008 vehicles added to its do-it-yourself product. As part of the ALLDATAdiy.com regular update, ALLDATA has added original equipment manufacturer (OEM) information covering several 2008 makes, including:
Automatic Data Processing, Inc.
Automatic Data Processing Declares Regular Quarterly Dividend
ROSELAND, N.J., Feb. 10, 2009 (GLOBE NEWSWIRE) -- The board of directors of Automatic Data Processing, Inc. (Nasdaq:ADP) has declared a regular quarterly dividend of 33 cents per share payable April 1, 2009 to shareholders of record on March 13, 2009.