Roxio Shares Rise On 1st Trading Day
Roxio, a developer of CD-burning software, yesterday completed its spin-off from parent Adaptec Inc., as expected (Bulletin, May 10). Roxio closed its first day of trading on the Nasdaq exchange at $14.69, up 46 cents from its offering price to Adaptec shareholders. Roxio is scheduled to announce results
tomorrow for the fourth quarter and year ended March 31.
Roxio and Adaptec are being sued for breach of contract by Gracenote, which alleges that they failed to pay for the use of its music database and switched to a competing, and allegedly illegal, service (Bulletin, May 14).
Roxio and Adaptec are being sued for breach of contract by Gracenote, which alleges that they failed to pay for the use of its music database and switched to a competing, and allegedly illegal, service (Bulletin, May 14).
In addition, make sure to read these articles:
- Adaptec Plans to Spin Off Software Business Unit;Board of Directors Announces Software...
- Roxio, Inc. Files Registration Statement for InitialPublic Offering.
- EquityAlert.com Announces Investment Opinion, No. 5 of6.
- Adaptec Inc. Outlook Revised to Neg by S&P; RtgsAfmd.
- Adaptec Inc.'s Ratings Affirmed;OffS&PWatch.
- Adaptec Inc. Outlook Revised to Neg by S&P; RtgsAfmd.
- Golin/Harris San Francisco Announces Two New Clients.
- Best Banner Campaign.
- Corporate Profile for Adaptec, Inc., dated March 10,2000.
- Ultra160 SCSI technology adapts itself to TA-64 Linux
- Adaptec, Inc. Announces Plan to Acquire Platys Communications, Inc. for $150 Million Stock...
- Gracenote Sues Maker Of CD-Burner Software
- New Chairmen Share A Unifying Goal.
Business Editors/High-Tech Writers MILPITAS, Calif.--(BUSINESS WIRE)--June 8, 2000 Adaptec, Inc. (Nasdaq:ADPT), today announced that it plans to spin off its software business unit in the ......
Business Editors/High-Tech Writers MILPITAS, Calif.--(BUSINESS WIRE)--Sept. 27, 2000 Roxio, Inc., a wholly owned subsidiary of Adaptec, Inc. (Nasdaq:ADPT), today announced that it has filed a ......
Business Editors NOTE TO EDITORS: The following is an investment opinion issued by EquityAlert.com SCOTTSDALE, ARIZONA--(BUSINESS WIRE)--Feb. 29, 2000 EquityAlert.com (OTCBB:EINC) WATERS INSTRUMENTS LOSES 25.71% ......
NEW YORK--(BUSINESS WIRE)--Standard & Poor's CreditWire 9/10/98-- Standard & Poor's today revised its outlook on Adaptec Inc. to negative from stable and affirmed its double-`B'-plus ......
NEW YORK--(BUSINESS WIRE)--June 25, 1998--Standard & Poor's today affirmed its double-'B'-plus corporate credit and double-'B'-minus subordinated debt ratings on Adaptec Inc. The ratings were also ......
NEW YORK--(BUSINESS WIRE)--Standard & Poor's CreditWire 9/10/98-- Standard & Poor's today revised its outlook on Adaptec Inc. to negative from stable and affirmed its double-`B'-plus ......
Business Editors SAN FRANCISCO--(BUSINESS WIRE)--June 13, 2001 The San Francisco office of Golin/Harris International announced today the recent addition of two new clients to its ......
First place (tie): Adaptec Inc. "So You Want To Be A Recording Star?" banner campaign Focusing on a niche market: Increasingly, banner ads are being ......
Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire ......
Adaptec, Inc. announced that its Ultra160 SCSI technology will be ported to the Linux IA-64 kernel-the basis for the 64-bit version of the Linux operating ......
Business Editors/High-Tech Writers SANTA CLARA, Calif.--(BUSINESS WIRE)--July 9, 2001 In a press release dated, July 2, 2001, Adaptec, Inc. ("Adaptec" - NASDAQ:ADPT), the leader in ......
Gracenote has filed a breach-of-contract and patent-infringement suit against Milpitas, Calif.-based Adaptec Inc. and its newly spun-off unit Roxio, a developer of CD-burning software. Gracenote ......
Young, Millar seek closer ties between chapters and national organizations in the U.S. and Canada. On the Agenda: Inclusion Jeffrey Marshall David Young, a Californian ......
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Host Hattie Bryant of Small Business School interviews Stephen Watkins of Entrex, an investment trading company based in Chicago, Illinois.
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