Jamba (JMBA) Tops Q4 EPS by 7c
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Jamba, Inc. Announces Preliminary Unaudited Fourth Quarter and Fiscal Year 2014 Financial Results
March 12, 2015 4:13 PM EDTComparable Store Sales Increase for Quarter and Year
Aggressive Move Continues to Asset-Light Model
$25 million Share Repurchase Program Initiated
EMERYVILLE, Calif.--(BUSINESS WIRE)-- Jamba, Inc. (NASDAQ: JMBA) today reported preliminary unaudited financial results for the fourth fiscal quarter and year ended December 30, 2014 and an update on strategic initiatives. Jamba demonstrated continued momentum driven by the 2014 launch of made-to-order juices and energy bowls that helped drive increased same store sales for the quarter and for the year, the fourth consecutive... More
Engaged Capital Sends Letter to Board of Rovi Corporation
March 12, 2015 8:00 AM EDTExpresses frustration with Boards intransigence and lack of progress on board reconstitution Long tenured incumbent Board presided over 7 years of shareholder value destruction Formally nominated four highly-qualified candidates for election at 2015 annual meeting
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Engaged Capital, an investment firm specializing in small and mid-cap North American equities and beneficial owner of 549,900 shares of the common stock of Rovi Corporation (ROVI or the Company) (Nasdaq: ROVI), today sent a letter to the Companys Board of Directors (the Board).
... More
