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 TSX: Gammon Gold Inc ( GAM )
Posted by Editor on
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 May 9th
Gammon Gold announces further increases in April's consolidated production, a further 55% increase in Ocampo's production and a 41% further reduction in Ocampo's total cash costs relative to December 2007's performance levels
Gammon Gold Inc. ("Gammon") (TSX:GAM and AMEX:GRS) is pleased to provide its unaudited monthly status update for April 2008. Since the launch of the turnaround strategy in December 2007, the Company has been reporting monthly updates on its key performance indicators covering a seven (7) month period that clearly demonstrate the continual improvements in key operational performance indicators, financial metrics, and internal management reporting controls that were encompassed in the Company's turnaround business plan. Accordingly, the Company will now discontinue monthly reporting as we are confident that sufficient production and cost information, together with our record Q1 results, have been provided to the market confirming the positive momentum of our turnaround strategy. We will now resume reporting as per statutory requirements.
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Amex: Inverness Medical Innovations ( IMA )
Posted by Editor on
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 May 9th
Inverness Medical Innovations Completes Acquisition of Matria Healthcare, Inc.
Inverness Medical Innovations (Amex: IMA) today announced that its previously announced acquisition of Matria Healthcare, Inc. was successfully completed and effective prior to the opening of business today, May 9, 2008. Matria, headquartered in Marietta, Georgia, provides comprehensive, integrated health management services particularly in the areas of women's and children's health, cardiology and oncology. The final purchase price consisted of approximately $143.9 million, and approximately 1.8 million shares of Inverness Series B Convertible Perpetual Preferred Stock (Amex: IMA-PR.B). In addition, existing options to purchase Matria stock have been assumed by Inverness and have converted into options to purchase approximately 1.5 million shares of Inverness common stock.
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Nasdaq: Quest Software Inc ( QSFT )
Posted by Editor on
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 May 9th
Quest Software Reports First Quarter 2008 Results
Quest Software, Inc. (Nasdaq: QSFT) today reported financial results for the first quarter ended March 31, 2008. Total revenues increased to $172.8 million compared to the prior year’s first quarter revenue of $149.8 million. As previously disclosed, Quest modified its revenue recognition practices during Q1 2007 for large reseller transactions. In order to provide comparability in its reported results between Q1 2008 and Q1 2007 it is important to note that Q1 2007 reported results included $5.5 million in license revenues that were booked and recognized in Q1 2007 but otherwise would have been deferred under the prior practice.
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Nasdaq: True Religion Apparel Inc ( TRLG )
Posted by Editor on
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 May 9th
True Religion Apparel Reports 2008 First Quarter Financial Results
True Religion Apparel, Inc. (Nasdaq: TRLG) today announced financial results for the first quarter ended March 31, 2008.
* Net sales for the 2008 first quarter were $53.4 million, an increase of 47.4% from $36.2 million in the 2007 first quarter. Net sales in the Company’s U.S. wholesale segment increased 29.5% to $32.5 million from $25.1 million in the prior year. The Company’s international wholesale business increased 28.5% to $8.9 million from $6.9 million in the 2007 first quarter. Net sales for the consumer direct segment, which includes the Company’s branded retail stores and e-commerce site, increased 190.3% to $11.8 million from $4.1 million in the prior year.
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Swedish 2.6GHz auction reflects ‘realistic’ spectrum value in Europe, according
Posted by Editor on
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 newsprovider writes "LONDON, UK, 09 MAY 2008 – The second European 2.6GHz spectrum auction concluded this week in Sweden. With auctions coming up in other European countries, including the UK, Austria and the Netherlands, the outcome of the Swedish auction provides much needed information on the price that operators will pay for 2.6GHz spectrum throughout Europe, says Analysys Mason, the premier advisers on telecoms, IT and media (www.analysysmason.com).
The Swedish auction concluded at a price of EUR0.13/MHz/pop, with unpaired spectrum going for just below EUR0.04/MHz/pop and paired spectrum for EUR0.16/MHz/pop.
“Clearly prices fetched at the 2000/2001 European UMTS auctions, especially in the UK and Germany, are unlikely to be repeated. On the other hand, operators are reporting a rapid uptake of mobile broadband dongles, and new WiMAX players may be eager to enter the arena, suggesting that prices may still be substantial,” says Bart-Jan Sweers, Strategy Consultant at Analysys Mason."
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