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 Corel Corp  (CREL) Trade Now »     Rate CREL  -  Discuss CREL  -  Add to Watch List         Graphic_subscribe

       Sector: Technology  >  Industry: Software & Programming
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From the Blogosphere

Notable Mergers and Acquisitions of the Day 10/22: WFC/WB, SNDK, CREL
<>
  • According to a Bloomberg report issued after the close yesterday, the Fed made an announcement saying that Wells Fargo (NYWE: WFC) may need to reduce deposits in the Wachovia (NYSE: WB) deal.
  • Samsung Electronics has withdrawn its proposal to acquire all of the outstanding shares of SanDisk Corporation (NASDAQ: SNDK) for $26 per share in cash.
    • <>Corel Corporation (NASDAQ: CREL) announced that discussions with a third party regarding a potential sale of Corel have ceased. These discussions were previously announced in Corel's press release issued Wednesday, August 20, 2008.Corel's Board of...
    By  Street Insider   (+9.67%  risk: moderate)  10/22/08 Comment


    Buyout Offer Key for Corel Shares CREL
    The company is currently evaluating Vector CapitalÂ?s offer, which will keep the stock price at current levels. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effe...
    By  Zacks.com   (-13.23%  risk: moderate)  07/08/08 Comment


    Earnings highlights: BP, Discover, Corel, Citigroup, WD-40, MSCI and others

    Filed under: Earnings reports, General Electric (GE), Ford Motor (F), Citigroup Inc. (C), Sprint Nextel Corp (S), Fortune Brands (FO), BP p.l.c. ADS (BP), Andersons Inc (ANDE)

    Here are some highlights from this past week's earnings coverage from BloggingStocks:

    <>
  • Andersons Inc. (NASDAQ: ANDE) lifted its outlook on improved performance of its Plant Nutrient Group.
  • BP Plc (NYSE: BP) was upgraded by Societe Generale due in part to its earnings prospects.
  • Citigroup Inc. (NYSE: C) has developed an earnings improvement plan based on collective bonuses.
    • <>Corel Corp. (NASDAQ: CREL) <>soli...
    By  Trey Thoelcke   (+0.00%)  07/05/08 Comment


    Corel earnings drop 60%

    Filed under: Earnings reports, Bad news

    <>Anybody who does much in the way of graphics or design knows Corel Corp. (NASDAQ: CREL) and its products -- Corel DRAW and Corel Paint Shop. No question they are good products. But that does not mask the fact that 2Q 2008 numbers do paint paint a pretty picture. Interim CEO Kris Hagerman states that "Corel performed well in the second quarter." Given that revenues were up less than 3% and GAAP net income, another word for earnings, dropped 60% to $930,000, what would qualify in Hagerman's book as a bad quarter? It isn't necessarily how much a company m...
    By  Victoria Erhart   (+0.00%  risk: moderate)  07/05/08 Comment


    What's going on with the Corel buyout?

    Filed under: Earnings reports, Private equity

    Back in late March, Corel Corporation (NASDAQ: CREL), a provider of productivity software, received a buyout offer from its largest investor, Vector Capital, which owns 69%.

    What has happened since then? Well, on Corel's Q2 conference call, the company talked about the outstanding offer. The board has formed a special committee and is evaluating matters. Unfortunately, there was no more information on the matter (and no indication when there might be some more details).

    <>Yet, in the meantime, Corel continues to focus on the business. Revenues in the...
    By  Tom Taulli   (+0.00%)  07/04/08 Comment



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