MINNEAPOLIS–(BUSINESS WIRE)–Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, today announced that it is notifying holders of its 1.25% Convertible Senior Notes due 2024 (the Notes) that they have the right, pursuant to the terms of the Notes, to require Digital River to repurchase their Notes for cash (the Put Option).
Continue reading
<Company Announces Restructuring to Reduce Expenses; Provides Q1 FY2009 Targets
SAN JOSE, Calif.–(BUSINESS WIRE)–Adobe Systems Incorporated (Nasdaq:ADBE) today provided preliminary financial results for its fourth quarter ended Nov. 28, 2008.
Based on preliminary Q4 financial information, Adobe believes it will achieve fourth quarter fiscal 2008 revenue in the range of $912 million to $915 million. The Company also believes it will achieve GAAP diluted earnings per share in the range of $0.45 to $0.46, and non-GAAP diluted earnings per share in the range of $0.59 to $0.60. The GAAP and non-GAAP diluted earnings per share estimates include two favorable tax items: a current quarter catch-up related to the reinstatement of the U.S. research and development credit and a favorable tax court settlement, which increased Q4 estimated GAAP and non-GAAP diluted earnings per share ranges by approximately $0.05.
Continue reading
Janesville, WI, United States, 11/27/2008 – ASP, the Association of Shareware Professionals, today announced that it has joined the Microsoft BizSpark Program as a Network Partner.
BizSpark is an innovative new Microsoft program specifically designed to provide early stage high-potential Startups with software, support and visibility to help ignite their success. As BizSpark Network Partner, ASP is able to sponsor qualifying members to join the program at no extra cost.
Continue reading
