latest news releases from the newsroom
United Online, Inc.
United Online Subsidiary Classmates Media Files Registration Statement for Initial Public Offering
WOODLAND HILLS, Calif., Aug. 13, 2007 (PRIME NEWSWIRE) -- United Online, Inc. ("United Online") (Nasdaq:UNTD), a leading provider of consumer Internet and media services, today announced that its wholly-owned subsidiary, Classmates Media Corporation ("CMC"), has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to the initial public offering for CMC. The Class A common stock to be issued by CMC will be newly-issued shares. United Online will continue to maintain a majority ownership stake in CMC following the offering.
SmallCap Sentinel: Picking a Mega-Partner
IRVINE, Calif., Aug. 13, 2007 (PRIME NEWSWIRE) -- "Often it can be most difficult to see the full value of an acquisition by the simple review of a business plan or pro forma," stated SmallCap Sentinel analyst D.R. Clark. "Other times, a quick review of the acquired company's current ownership gives a better indication of value. When investors in said company include a major conglomerate, perhaps it starts to explain the interest of the acquirer."
GenTek Inc. Announces Delay in Filing 10-Q and Postponement of Earnings Call
PARSIPPANY, N.J., Aug. 13, 2007 (PRIME NEWSWIRE) -- GenTek Inc. (Nasdaq:GETI) announced today that it had filed an extension of time to file its quarterly report on Form 10-Q for the second quarter, which was due to be filed last Thursday, August 9, 2007. The delay in filing was due primarily to the presentation of certain items in the Company's Statement of Cash Flows and to correct the impact of the implementation of FASB 158. As a result, the Company will file an amendment to the Company's annual report on Form 10-K and its quarterly report on Form 10-Q for the first quarter, 2007. These changes are being made to more accurately characterize the timing of cash flows from quarter to quarter and to properly reflect the impact of FASB 158 on comprehensive income. There will be no impact on the Company's reported earnings for 2006 or the first quarter of 2007 reflected in the amendments.
Bob Evans Farms, Inc.
Bob Evans Farms Announces First-Quarter Financial Results
COLUMBUS, Ohio, Aug. 13, 2007 (PRIME NEWSWIRE) -- Bob Evans Farms, Inc. (Nasdaq:BOBE) today announced financial results for the fiscal first quarter ended July 27, 2007. To view additional first quarter 2008 financial information, please see the Company's Current Report on Form 8-K filed in conjunction with this news release, or go to the Company's Web site at www.bobevans.com, click on Investors and then Company News and Events.
Silverstar Holdings, Ltd.
Silverstar Holdings to Present At the August Noble Financial Conference
BOCA RATON, Fla., Aug. 13, 2007 (PRIME NEWSWIRE) -- Silverstar Holdings Ltd. (Nasdaq:SSTR), a leading international publisher and developer of interactive entertainment software, has been invited to present at the Noble Financial Two Double-0-Seven Small Cap Conference and Micro Cap Symposium to be held at Charleston Place, Charleston, South Carolina, August 20 and 21, 2007. Silverstar's CEO and president, Clive Kabatznik, is scheduled to present on Tuesday, August 21, at 12:00 P.M. Eastern Time.