Update to the Source Interlink’s débâcle, you remember the publisher of your favorite surfer magazines. Citi Bank, with money from its own bailout, is now buying a 80% controlling share in the the publisher.
This furthers my assumption that the people at Citi have no f*%&ing clue what they are doing and are wasting our tax money on a debt ridden ($1.5 billion) company that has little hope of turning around.
story via: 5ones
May4
BROADER – A(nother) social media agency based out of Geneva, Switzerland is designed to, in the words of the founder Nicolas Fermont, “help Action Sports brands, athletes, events listen, understand and most importantly engage in Social Media by having meaningful conversations with people and igniting positive word of mouth.”
Just hope they are not another one of those people on twitter claiming to know everything about social media simply because they can set up a twitter, youtube, myspace, and facebook account. So far seems like they actually have some interesting stories and are on the right track. Props.
Check em’ out here: BROADER
Volcom, Inc. (NASDAQ: VLCM)
- – Quarter ending March 31, 2009
- – Net : $4.2 Million
- – Per Diluted Share: $0.17
- – Consolidated Revenues: $68.3 Million – Down $12.3 million from a year ago
Richard Woolcott, Volcom’s CEO said, “Overall, the first quarter was slightly ahead of our expectations in all three of our business segments. The core Volcom business is well intact, bolstered by innovative product and a strong global brand. We are working diligently to maintain our competitive edge and position the company to remain financially strong and creatively energized.”
