The News Review:
- UGI, affiliate AmeriGas swing to losses
- Tarragon Corporation Announces Third Quarter 2008 Financial Results
- New Web 2.0 Ad Platform From Motive Interactive Delights Affiliate …
- Nexstar Broadcasting Group 3Q Net Revenue Increases 9 Percent
- Sugar Inc. lets bloggers make money off shopaholics
- PRIMUS Telecommunications Reports Third Quarter 2008 Financial Results
UGI, affiliate AmeriGas swing to losses
Bizjournals.com, NC
2 billion, up from $934. In its 2008 fiscal year, UGI earned a record $215. 99 per fully diluted share, up from $204. 89 per fully diluted share, in fiscal 2007.
Tarragon Corporation Announces Third Quarter 2008 Financial Results
FOXBusiness
Subsequent Events On November 3, 2008, the Company announced that it had entered into a restructuring support and forbearance agreement with the holders of its $125 million of corporate-level unsecured subordinated notes. The holders of the subordinated notes have agreed to support a financial restructuring of Tarragon and to refrain from exercising any of their rights and remedies under the terms of the subordinated notes through June 30, 2009, subject to the terms and conditions of the agreement. As part of the financial restructuring, the subordinated notes and approximately $38 million of indebtedness held by an affiliate of William S. Friedman, Tarragon’s Chairman and Chief Executive Officer, and Robert P. Rothenberg, Tarragon’s President, would be restructured and become obligations of a reorganized Tarragon or an affiliated issuer. The agreement also contemplates that Tarragon would enter into one or more definitive agreements with a sponsor of an overall financial restructuring plan. Under the overall plan, which may be implemented through a voluntary petition for Chapter 11 bankruptcy protection, the sponsor of the plan and certain Tarragon debtholders would receive shares of reorganized Tarragon’s equity representing a controlling interest in the reorganized company in exchange for the assumption of indebtedness discussed above.
Related from Murtoughsupply: Tuxis Corporation Announces Third Quarter 2008 Financial Results
New Web 2.0 Ad Platform From Motive Interactive Delights Affiliate …
MarketWatch
0(TM) system delivers what
publishers and affiliates have demanded for years. Features of the total
system include:
–
The highest affiliate referral commission in the industry: a 5. Motive Interactive’s new platform has already
been embraced by some of the Internet’s
leading affiliate marketers and advertisers. “I’m really
impressed. The interface is fast loading and easy to use.
Nexstar Broadcasting Group 3Q Net Revenue Increases 9 Percent
ArkansasSports360.com, AR
The company agreed to pay $4 million for KWBF-TV, a MyNetworkTV affiliate, to the ailing Little Rock broadcasting company. Nexstar said the acquisition would complement its existing Little Rock property, KARK-TV, Channel 4, which is an NBC affiliate. Nexstar will own 51 stations once the deal is finalized. "Nexstar’s third quarter net revenue growth of 9 percent demonstrates that we continue to outpace the industry," Perry A. Sook, chairman, president and CEO of Nexstar, said in a news release.
Sugar Inc. lets bloggers make money off shopaholics
CNET News, CA
has announced a new affiliate marketing program for bloggers, based on. html” >acquired last year. It’s called ShopSense.
PRIMUS Telecommunications Reports Third Quarter 2008 Financial Results
International Business Times, NY
Third Quarter 2008 Highlights:
– $232 Million Net Revenue– $7 Million Income from Operations– $12 Million Adjusted EBITDA
PRIMUS reported third quarter 2008 net revenue of $232 million, down $4million from $236 million in the prior quarter and up $7 million from theyear-ago quarter. The Company reported ($33) million of net loss for thequarter, compared to net income of $47 million in the prior quarter and netincome of $5 million in the third quarter 2007. As a result, the Companyreported basic and diluted net loss per common share of ($0. 23) in thethird quarter 2008, as compared to basic and diluted net income per commonshare of $0.