April 8, 2003 |
Gemstar-TV Guide International Inc. said Monday that a Nasdaq Stock Market panel decided the company meets the market's regulatory filing requirements and can keep its Nasdaq listing. Pasadena-based Gemstar had faced delisting for the delayed filing of fourth-quarter financial reports with the Securities and Exchange Commission. The company had delayed its reports while it worked on a restatement of past results.
November 15, 2001 |
Gemstar-TV Guide International Inc. of Pasadena, the leading provider of electronic TV program guides, reported a larger net loss but still beat analysts' expectations on revenue and cash flow. The third-quarter loss of $131 million--up from $116 million during the same period last year--stems mainly from depreciation and amortization costs associated with Gemstar's acquisitions. Excluding those costs and nonrecurring expenses, the company's earnings rose 20% to $110.
April 6, 2006 |
The lawyer for Henry Yuen, the former chief executive of Gemstar-TV Guide International Inc. who was found liable for securities fraud, said Wednesday that a $15.7-million fine sought by the Securities and Exchange Commission was "grossly disproportionate." The penalty was much larger than that paid by other former Gemstar executives who settled with the SEC, attorney Michelle Rice said in federal court in Los Angeles.
August 27, 2002 |
Gemstar-TV Guide International Inc. said it had received notice from Nasdaq that its shares are subject to delisting because it didn't file its second-quarter report with the Securities and Exchange Commission on time. The news sent Gemstar's stock down to as low as $3.65 in after-hours trading. The shares had closed up 20 cents at $4.48 on Nasdaq.
March 1, 2007 |
Gemstar-TV Guide International Inc., the leading provider of programming guides for print and interactive television, said fourth-quarter profit more than doubled on rising television sales. Net income rose to $31.8 million, or 7 cents a share, from $12.7 million, or 3 cents, a year earlier, the company said. Sales increased 12% to $145 million. Gemstar is benefiting from increased demand for its electronic television guide that can be programmed into cable TV set-top boxes and video recorders.
October 17, 2000 |
Gemstar-TV Guide International Inc., provider of program guides for television, said Motorola Inc. has licensed Gemstar's technology to use in making interactive guides. In a $200-million pact that moves Gemstar closer to its goal of becoming a portal for interactive television, company officials said they had resolved all outstanding patent litigation and arbitration issues with Motorola, which had fought Gemstar's emerging dominance in the field.
January 20, 2006 |
Gemstar-TV Guide International Inc. fired Chief Financial Officer Brian Urban five months before his contract was to end. Chief Executive Rich Battista will serve as acting finance chief until Urban is replaced, Los Angeles-based Gemstar said Thursday. Gemstar, the biggest maker of software for cable television program guides, already had begun to look for a new CFO. Urban, whose contract ran through June 30, is the third executive Gemstar has fired in the last three years.
June 25, 2002 |
Shares of Gemstar-TV Guide International Inc. plunged to a 52-week low Monday as investors reacted to a preliminary ruling on a highly watched patent dispute. Gemstar tried to reassure investors that last week's ruling would not affect current relationships with cable TV system operators that license its interactive program guide or the consumer electronics and other parts of its business. The Pasadena-based company's stock fell $3.20, or 39%, to $5 on Nasdaq.
March 9, 2006 |
Gemstar-TV Guide International Inc. reported higher net income in the fourth quarter because of a one-time gain, but losses widened on an operating basis as the company shed unprofitable businesses. The company, which publishes TV Guide magazine, reported net income of $12.7 million, or 3 cents a share, in the quarter ended Dec. 31, compared with $1.6 million, or break-even, in the same period in 2004. Revenue fell to $129.4 million, compared with $164.8 million a year earlier.
July 4, 2002 |
EchoStar Communications Corp. said a federal judge ruled it didn't infringe Gemstar-TV Guide International Inc.'s patents, the second such ruling in two weeks over on-screen program guides. EchoStar said U.S. District Judge Lacy H. Thornburg in Asheville, N.C., ruled that none of its current products infringed three Gemstar patents for program guide features. He requested more information before ruling on an EchoStar product that's no longer in production.