• Dow Unavailable Unavailable
  • Nasdaq Unavailable Unavailable
  • S&P Unavailable Unavailable

Chairman and Chief Executive Officer Scott Gallagher of Elysium Internet, Inc. is the Featured Guest in an Audio Interview at SmallCapVoice.com and US Dataworks, Inc. Announces Conference Call for Fiscal Fourth Quarter


Share:  Share on Twitter!

City of Industry, CA --(www.USEquityNews.com)-- 06/26/2008 - Internet Information Provider industry alert provided by U.S. Equity News. SmallCapVoice.com, Inc. today announced that a new audio interview featuring, Elysium Internet Chairman and Chief Executive Officer Scott Gallagher of Elysium Internet, Inc. (OTCBB: USBF) is now available at SmallCapVoice.com. The interview can be heard at http://www.smallcapvoice.com/usbf/usbf-6-10-08.php. Elysium Internet CEO Scott Gallagher commented, "In only a few short months since going public we have acquired some of the best Internet real estate in our space. Our first two directories are showing up on page one of the organic listings at Yahoo, MSN.com and Google. The Internet ad space is growing at a record pace. We look forward to the coming launch of Pediatricians.com, Psychiatrists.com and Podiatrists.com to further expand our customer and revenue base and we welcome the opportunity to communicate our business strategy to web sites such as www.SmallCapVoice.com."


CBS Corporation announced today that it has completed its tender offer for all outstanding shares of common stock of CNET Networks, Inc. (NASDAQ: CNET). CBS intends to complete the acquisition in the next few business days. The initial offering period expired at 12:00 Midnight, ET, on Friday, June 20, 2008. A subsequent offering period commenced on Monday, June 23, 2008, and expired at 12:00 Midnight, ET, on Wednesday, June 25, 2008. As of that time, approximately 117.9 million shares were validly tendered and accepted for purchase pursuant to the offer. CBS Corporation will promptly pay for such shares, at the offer price of $11.50 per share, net to the seller in cash, without interest and less any required withholding taxes. After payment for the shares, CBS will own, in total, approximately 78% of the outstanding shares of CNET common stock.

US Dataworks, Inc. (AMEX: UDW), a leading innovator of payment processing solutions, announced today it will report its fiscal fourth quarter and year end financial results ended March 31, 2008 on Monday, June 30, 2008, before the financial markets open. The announcement will be followed by a conference call at 11:00 AM EDT with the investment community, featuring Charles E. Ramey, Chairman and Chief Executive Officer of US Dataworks, Inc. Interested parties may participate in the call by dialing (877) 869-3847; international callers dial (201) 689-8261 about 5-10 minutes prior to 11:00 AM EDT.

Fixed mortgage rates took a breather, with the average conforming 30-year fixed mortgage rate holding at 6.62 percent. According to Bankrate.com's (NASDAQ: RATE) weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.4 discount and origination points. The average 15-year fixed rate mortgage popular for refinancing inched lower to 6.19 percent, while the average jumbo 30-year fixed rate nudged higher to 7.72 percent. Adjustable mortgage rates moved higher, with the average 1-year ARM rising to 6.27 percent and the average 5/1 ARM increasing to 6.28 percent. After rising one-half percentage point in a three week span, mortgage rates halted the advance this week as investors began to realize that the Fed's tough talk on inflation would remain just that -- talk. While the Federal Open Market Committee has shifted the focus to inflation, any interest rate hike is unlikely in the near term given the weak economic growth and ailing housing market. In the meantime, we can expect more "jawboning" by the Fed as the economic and inflation pictures come into clearer focus.

About U.S. Equity News

U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.

U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal. U.S. Equity News and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.USEquityNews.com.

Contact Information:
U.S. Equity News
Tel: (626) 961-8039
Email: info@usequitynews.com



Comments:
Disclaimer: User Comments do not reflect the views of US Equity News, and we are not responsible for the content of users' comments. We also reserve the right to edit or delete comments to our discretion.


Comment on this article:
What is 2 + 2? (two plus two)
Name:
Comment:
 


E-mail this release
Your Name:
From Email:
To Email:
Message:
 
Market News Update