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Casey’s General Stores Inc ( CASY ) Print E-mail
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Written by Editor   
Tuesday, 07 September 2010 09:22
Casey's Board Unanimously Recommends Shareholders NOT Tender into Couche-Tard's $38.50 Per Share Offer

Casey’s Receives Preliminary Proposal from Strategic Third Party for Consensual Transaction at $40 Per Share In Cash; While the Board Firmly Believes $40 Per Share Substantially Undervalues Casey’s, It Has Authorized Discussions With the Third Party To Explore Whether a Transaction Can Be Reached That Reflects Casey’s True Value and Is In the Best Interests of Casey’s, Its Shareholders and Other Constituencies

Casey’s Reports Majority of Post-Recapitalization Shareholders Did Not Tender into Casey’s Self-Tender Even at $40 Per Share

Casey’s Reports Solid First Quarter Fiscal 2011 Results and Signs Commitments to Acquire 52 Stores By End of Calendar Year

 
Tech Stocks; eLayaway, Inc. (OTCBB:ELAY) Names Initial Advisory Board Members With Two Seasoned Industry Professionals Print E-mail
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Written by sandihop   
Wednesday, 14 July 2010 19:24

TALLAHASSEE, Fla. - July 15, 2010 (Investorideas.com newswire) – eLayaway, Inc. (OTCBB:ELAY), the Internet's first and only patent pending layaway payment processor, announced today that the Company is building its Advisory Board and has added its initial two members, both with extensive industry experience to help guide the development and growth of the Company. The Advisory Board will be responsible for helping to establish the eLayawayO payment system as the most widely recognized brand name in alternative payments solutions for consumers and merchants in the multi-trillion retail industry.

The Company is the sole provider of a new proprietary online payment system that allows consumers to prepay for items using a monthly payment schedule that best fits their needs and budget.

 
iRobot Corp ( IRBT ) Print E-mail
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Written by Editor   
Thursday, 29 April 2010 09:08
iRobots First-Quarter Results Exceed Revenue and Earnings Expectations

iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced its financial results for the first quarter ended April 3, 2010.

“Revenue, earnings per share and Adjusted EBITDA significantly exceeded expectations for the quarter,” said Colin Angle, chairman and chief executive officer of iRobot. “Adjusted EBITDA was nearly $14 million, or 14 percent of revenue, and we generated $11 million of operating cash flow. Cash and investments increased $31 million year-over-year to more than $85 million at quarter end.

“As a result of outstanding performance by both divisions in the first quarter and good visibility on the rest of 2010, we are increasing our full-year financial expectations.”

 
Charles & Colvard Ltd ( CTHR ) Print E-mail
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Written by Editor   
Wednesday, 28 April 2010 11:10
Charles & Colvard Reports First Quarter 2010 Financial Results

Charles & Colvard, Ltd. (NASDAQ: CTHR), the sole manufacturer of moissanite jewels, The Most Brilliant Jewel in the WorldTM, announced today its financial results for the first quarter ended March 31, 2010.

Net sales for the quarter were $2.85 million, an increase of 15% from $2.49 million in the first quarter of 2009 and an increase of 21% from $2.36 million in the fourth quarter of 2009. Sales continue to improve primarily due to management’s efforts of revitalizing existing customer relationships as well as the addition of several new customers, domestically and internationally, during the quarter.

The Company achieved profitability in the first quarter with net income of $298,000, or $0.02 per diluted share, a $1.58 million improvement over net loss “as adjusted” of $1.28 million, or ($0.07) per diluted share, in the first quarter of 2009.

 
Casey's General Stores Inc ( CASY ) Print E-mail
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Written by Editor   
Friday, 09 April 2010 09:35
Caseys General Stores Board Unanimously Rejects Unsolicited Proposal from Alimentation Couche-Tard

Casey's General Stores, Inc. ("Casey's") (NASDAQ: CASY) today announced that its Board of Directors reviewed, with the assistance of financial and legal advisors, an unsolicited proposal received from Alimentation Couche-Tard Inc. ("Couche-Tard") (TSX: ATD.A, ATD.B) on March 9, 2010 to acquire Casey’s for $36.00 per share in cash. The Board unanimously determined that the proposal is not in the best interests of the corporation and informed Couche-Tard on March 29, 2010 that it had rejected the proposal. Casey’s sent the following letter to Couche-Tard in response to Couche-Tard’s public letter today.

 
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