DIRECT - Direct Marketing Financial Services

Financial Services

EBay Income Rises 22% in Quarter
Apr 18, 2008
EBay Inc. posted net income of $460 million for the first quarter, a 22% increase over $377 million in the prior year....

Morlex Buys Ad Authority
Apr 18, 2008
Morlex Inc., a marketer of financial newsletters and Web sites, has bought Ad Authority Inc., an online lead generation company, for more than $8 million in cash and stock. ...

Layoffs and Freezes Forecast for DM Employment
Apr 16, 2008
The direct marketing job arena will contract for the second straight quarter, according to a new DM employment survey. Continued layoffs and more hiring freezes appear to be on the horizon for direct marketers this spring, according to the latest Bernhart Associates employment survey. ...

FranklinCovey Income Drops
Apr 11, 2008
FranklinCovey Co. posted net income of $3.1 million for the second quarter, a decrease from $3.8 million in the prior year. ...

InfoUSA Releases Preliminary First Quarter Results
Apr 10, 2008, By Richard H. Levey
InfoUSA released financial data indicating it generated $191 million during first-quarter 2008, up from $158 million in first-quarter 2007. The Omaha, NE-based data firm’s EBITDA rose from $24 million to $27 million. The company did not release net income figures. ...

MediaWhiz Buys LeadROI’s Lead Management System
Apr 10, 2008
MediaWhiz, an online marketing company, has bought LeadROI's lead management system for an undisclosed sum....

Celebrate Express Hires Advisor on Possible Sale
Apr 10, 2008
Celebrate Express Inc. has hired Cowen and Co. LLC as a financial advisor to help the company evaluate possible offers for a merger or acquisition. ...

InfoUSA Threatened With Nasdaq Delisting
Apr 4, 2008
InfoUSA, which has not yet filed its 10-K report for the year ended Dec. 31, received notification on April 2 from the Nasdaq stock exchange that it was in violation of the exchange’s rules. As a result, the company is subject to delisting from the Nasdaq Global Select Market....

West Marine Receives Nasdaq Delisting Notice
Apr 2, 2008
West Marine, Inc., Watsonville, CA, received a notice from The NASDAQ Global Market stating that its common stock is subject to delisting....

Sun Capital Acquires Neckermann
Mar 31, 2008
Sun Capital Partners Inc. has completed its acquisition of German mail order company Neckermann.de GmbH. ...

Live Current to Acquire Auctomatic
Mar 27, 2008
Communicate.com Inc., doing business as Live Current Media Inc., will acquire Auctomatic, a start-up online marketing services company. ...

Berman Holdings Acquires Merchant Processing International
Mar 24, 2008
Berman Holdings Inc. has acquired Merchant Processing International Inc., a credit card transaction processor for online and conventional retailers....

Borders Group May Sell; Lines Up $42.5 Million Infusion
Mar 21, 2008
Borders Group Inc., the direct marketer and retailer of books, said Thursday it may put itself up for sale and has lined up $42.5 million to stay in business....

Delia's Net Income Falls
Mar 21, 2008
Delia’s Inc. posted net income of $6 million for the fourth quarter, a decrease from $6.8 million in the prior year. ...

Portrait Software Acquires Million Handshakes
Mar 21, 2008
Portrait Software, a developer of customer interaction optimization software, will acquire Million Handshakes AS, a Norwegian provider of outbound campaign management software. ...

Next plc Income Rises 6.8%
Mar 20, 2008
Next plc, parent of the Next Directory catalog, posted net income of $353.9 million pounds ($701.3 million) for the year ended Jan. 31, a 6.8% increase over 331.5 million pounds ($656.9 million) in the prior year....

Charming Shoppes Posts $23 Million Loss
Mar 20, 2008
Charming Shoppes Inc. posted a net loss of $23 million for the fourth quarter compared to net income of $24.9 million in the prior year....

360i Acquires I33 Communications
Mar 20, 2008
360i, a digital marketing agency, has acquired digital design, and marketing firm I33 communications. ...

Lillian Vernon Reaches Tentative Sale Agreement
Mar 17, 2008, By Larry Riggs
Lillian Vernon Corp., which filed for chapter 11 bankruptcy protection last month, has reached a tentative agreement to sell the cataloger to an unnamed company for $9.3 million....

Transcontinental Income Surges
Mar 14, 2008
Transcontinental posted net income of $34.1 million for the first quarter, a 69% increase over $20.2 million in the prior year. ...

Talbots Posts $171 Million Loss
Mar 13, 2008
The Talbots Inc. posted net loss of $171 million for the fourth quarter compared to net income of $28,000 in the prior year. ...

American Eagle Income Falls
Mar 13, 2008
American Eagle Outfitters Inc. posted net income of $140.5 million for the fourth quarter, a decrease from $150.2 million in the prior year. ...

J. Crew's Financial Results Boosted By Extra Week
Mar 12, 2008
J. Crew generated revenue of $399.9 million during its fourth quarter, and $1.33 billion for its fiscal 2007 year. In 2006, it reported $366.7 million and $1.15 billion, respectively. ...

Total Luxury Acquires Petal Decorative Accents
Mar 11, 2008
Total Luxury Group Inc., New York City, has acquired 38 million shares of common stock in Petals Decorative Accents Inc., from a majority shareholder for approximately $19 million....

InfoUSA Delays Filing Form 10-K Annual Financial Report
Mar 11, 2008
InfoUSA will not file its 10-K report for the year ended Dec. 31 by the March 17 deadline, according to the company. ...

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