The News Review:
- Last Call: DivX Shares Hit All-Time Low
- DivX (R) Now Showing on Blu-ray DVD Players
- Six Blu-ray Players Get DivX Certified
- DivX shares plunge to all time low on weak outlook; ThinkEquity…
- Bloomberg.com: Investment Tools
- Movers: Humana Thornburg GE Take-Two American Eagle
- Dendreon Humana KLA-Tencor Progenics: US Equity Preview
Last Call: DivX Shares Hit All-Time Low
Motley Fool – Mar 12, 2008
plunged to an all-time low Wednesday after the video technology company issued a first-quarter and 2008 outlook below Wall Street’s expectations citing higher product development costs. The stock tumbled $3.
DivX (R) Now Showing on Blu-ray DVD Players
Earthtimes – Mar 12, 2008
(NASDAQ:DIVX) a digital media company today announced that it has granted DivX® Certification to six new Blu-ray DVD players from Panasonic Philips and Denon. The new DivX Certified® DVD models join the world’s best-selling Blu-ray playback device the Sony PLAYSTATIN® 3 which has been capable of DivX® playback since December 2007. The growth of DivX technology in the emerging Blu-ray market demonstrates growing traction of the Company’s licensing business into new product categories. DivX technology has already become a de facto standard on standard definition DVD devices with an estimated 41 percent penetration in the global market as of the end of 2007.
Six Blu-ray Players Get DivX Certified
I4U – Mar 12, 2008
The six newly certified Blu-ray players join the PS3 which was DivX certified in December 2007. DivX certification provides compression that allows the storage of 25 hours of DVD quality video on one Blu-ray disc. The six new DivX certified players include the Panasonic (Model: DMP-BD30EE) Philips (Model: BDP7200) and Denon (Models: DVD-2500BTC1B DVD-3800BDC1B DVD-3800BDSP and DVD-2500BTSP). “The end of the format war creates more opportunity for Blu-ray products” said In-Stat Principal Analyst Michelle Abraham Converged Markets & Technologies Multimedia.
DivX shares plunge to all time low on weak outlook; ThinkEquity…
San Diego Daily Transcript – San Diego Daily Transcript (subscription… – Mar 12, 2008
(Nasdaq: DIVX) plunged to an all-time low Wednesday after the video technology company issued a first-quarter and 2008 outlook below Wall Street’s expectations citing higher product development costs. You are not currently logged in at San Diego Source. To view the complete article please enter your login information below.
Bloomberg.com: Investment Tools
Bloomberg – Mar 12, 2008
regulators agreed tochanges in a trial of the prostate-cancer drug Provenge turneddown in May that will allow the company to get a faster answer onwhether the medicine can prolong lives. (DIVX US) had the biggest decline since itsSeptember 2006 initial public offering dropping 30 percent to$7. The maker of video software said revenue this year may be aslow as $95 million or 8. 2 percent less than the average analystestimate according to Bloomberg data. Esco Technologies Inc.
Movers: Humana Thornburg GE Take-Two American Eagle
BusinessWeek – Mar 12, 2008
21 a year ago fourth quarter EPS as higher operating expenses offset 47% revenue rise. Anticipates product development expenses in 2008 will increase as a percentage of revenue. 5 million first quarter revenue on $0.
Dendreon Humana KLA-Tencor Progenics: US Equity Preview
Bloomberg – Mar 12, 2008
Final results are expected in the secondhalf of 2009 rather than 2010 according to a statement distributedby PR Newswire. (DIVX US) lost 28 percent to $7. The maker ofvideo software said revenue this year may be as low as $95 millionor 8. 2 percent less than the average analyst estimate according toBloomberg data.