ValueClick reported an 87% increase in revenue year- over-year, to $81.4 million, in the 3rd quarter ended Sept. 30. The results included a full quarter of operations from PriceRunner, acquired in Aug. 2004, and E- Babylon and Webclients, acquired in June 2005; Fastclick, acquired in late Sept., wasn’t included, ValueClick said. Net income was $11 million (13 cents per share), up from $7.6 million (9 cents). EBITDA rose 99% to $22.6 million year-over-year. ValueClick updated its fiscal 2005 guidance, raising predicted revenue to $299-$304 million from $291-$301 million. The firm expects 43-45 cents per share, up from 41-43 cents, and EBITDA of $78-$80 million from $72.4-$74.6 million. 2006 guidance calls for $480- 500 million revenue, 53-59 cents per share, and $120-$125 million EBITDA.
The Animal and Plant Health Inspection Service (APHIS) has issued a final rule, which adopts, with changes, an April 2004 interim rule that established a certification program for foreign production sites in countries where Ralstonia solanacearum race 3 biovar 2 (potato brown rot) is known to occur that wish to export articles of Pelargonium spp. (e.g. geraniums) and/or Solanum spp. (e.g. eggplant, huckleberry) to the U.S.
The Consumer Product Safety Commission (CPSC) has issued an advance notice of proposed rulemaking (ANPR) in order to consider whether there may be unreasonable risks of injury and death associated with some all terrain vehicles (ATVs). The CPSC is also considering what actions, both regulatory and non-regulatory, it could take to reduce ATV-related deaths and injuries.
The Committee for the Implementation of Textile Agreements (CITA) has posted to its web site updated official textile and apparel import data from the Department of Census for August 2005.
Industry trade associations pay their leaders well, according to their latest Form 990 filings with the IRS. The documents also showed that many overspent their revenue during the fiscal years covered by the reports.
The Committee for the Implementation of Textile Agreements (CITA) has posted to its web site updated preliminary textile and apparel import data for 2005, which now covers the 2005 period from early July 2005 through mid-September 2005.
Microsoft said it agreed to provide RealNetworks $761 million in cash and services under 3 agreements to settle an antitrust lawsuit filed Dec. 2003, the companies said at a Seattle news conference Tues. Real had accused Microsoft of illegally forcing Windows consumers to use Microsoft’s own digital music player instead of Real’s Rhapsody or others.
Microsoft said it agreed to provide RealNetworks $761 million in cash and services under 3 agreements to settle an antitrust lawsuit filed Dec. 2003, the companies said at a Seattle news conference Tues. Real had accused Microsoft of illegally forcing Windows consumers to use Microsoft’s own digital music player instead of Real’s Rhapsody or others.
The Commerce Department (Commerce) has announced that on October 5, 2005, the Committee for the Implementation of Textile Agreements (CITA) decided to consider petitions filed by the domestic textile industry requesting new safeguard quotas or the continuation (reapplication) of existing safeguard quotas, on the following China categories:
The Department of Commerce has issued a fact sheet stating that on October 5, 2005, the Committee for the Implementation of Textile Agreements (CITA) announced its decision to consider nine requests for reapplication of China safeguard quotas on the following categories: 301, 338/339, 340/640, 347/348, 349/649, 352/652, 620, 638/639, and 647/648. The fact sheet states that the U.S. previously established limits on imports of these products that extend through December 31, 2005. (CITA fact sheet, dated 10/05/05, available at http://www.ita.doc.gov/media/FactSheet/1005/cita_100505.html )