Xinhua Finance Media Limited (”XFMedia” or ”the Company”; Nasdaq: XFML), a leading media group in China, announced today that it has reached an agreement to issue $30 million in convertible preferred shares to The Yucaipa Companies (”Yucaipa”), an investment firm with holdings in Asia, Europe and the Americas.
OfficeMax(R) Incorporated (NYSE:OMX) today announced the results for its fourth quarter and fiscal year ended December 29, 2007. Total sales decreased 2.6% in the fourth quarter of 2007 to $2.2 billion compared to the fourth quarter of 2006, while total sales increased 1.3% for the full year 2007 to $9.1 billion compared to the full year 2006.
Company named to the Leaders Category of the 2008 Global Outsourcing 100 List by IAOP
Triple Crown Media, Inc. (NASDAQ:TCMI) announces that for the second quarter ended December 31, 2007, total revenues were $12.5 million and loss from continuing operations was $3.6 million, or ($.75) per share compared to total revenues of $13.0 million and gain from continuing operations of $1.1 million, or $.22 per share for the second quarter of last year. The quarter was adversely affected by a higher tax rate due to the sale of Host Communications.
Customers To Benefit From Improved Geographic Reach And Expanded Range Of Products
On February, 5, 2008, Skyflying Media completed a round of strategic equity financing by Series A investors such as well-known global investment bank Goldman Sachs, leading private equity firm New Horizon Capital and venture capital fund Sequoia China, with the financing amount up to $83 million.
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of consumer goods packaging products, announced today that it has entered into a definitive purchase agreement with Grup Vemsa 1857, S.L. to acquire substantially all of the assets of its metal vacuum closures business which operates under the names Vem de Tapas Metalicas in Spain and Vac Vem in China.
