Statements surmises baseball tickets concerning futureperformance, seahawks gathers developments, or events concerning expectations for completion ofthe proposed transactions on terms contemplated in the letter of intent orotherwise, or concerning any growth or any success as a result of thetransaction or concerning growth and market forecasts, or potential benefits toTemecula`s shareholders, customers or employees, and any other guidance onfuture periods, constitute forward-looking statements that are subject to anumber of risks and uncertainties. Actual results may differ materially fromstated expectations. Specific factors include, but are not limited to, thefailure to consummate the transactions contemplated by the letter of intent orany other transaction, whether due to the willingness or ability of any party toconsummate a transaction, the lack of receipt of regulatory or shareholderapprovals, the inability of any party to fulfill other conditions to closing, orotherwise; the effect of interest rate changes; the ability to control costs andexpenses; the impact of consolidation in the banking industry; financialpolicies of the U.S government, and general economic conditions. In addition to the foregoing, additional information on factors that couldaffect financial results and Temecula`s condition and prospects are included inthe filings made with the Securities and Exchange Commission by Temecula ValleyBancorp Inc. Temecula undertakes no obligation to update forward-lookingstatements, whether as a result of new information, future events, or otherwise.The securities proposed to be offered in the transaction have not beenregistered under the Securities Act of 1933 and may not be offered or sold inthe United States absent registration or an applicable exemption from theregistration requirements. This press release is provided for general information and shall not constitutean offer to sell or the solicitation of an offer to buy any securities, norshall there be any sale of the securities in any state or other jurisdiction inwhich such offer, solicitation or sale would be unlawful.Temecula Valley Bancorp Inc.Frank Basirico, Chief Executive Officer951-694-9940 Copyright Business Wire 2009.
* Lions Gate quarterly revenue falls almost 10 pct Stocks | Funds News | ETFs News | Media * Quarterly net loss deeper than Wall St expected * Shares dip in after-hours trading (Updates share price, adds background, details)LOS ANGELES, June 1 (Reuters) - Lions Gate EntertainmentCorp (LGF.N) posted on Monday a wider-than-expectedfourth-quarter loss but beat revenue expectations on strengthat its TV production business and strong home entertainmentsales.The independent TV and movie studio, which last week solda 49 percent stake in the TV Guide channel for about $123million, reported a fiscal fourth-quarter net loss of 25 centsper share, compared with a profit of 22 cents per share a yearearlier ken griffey jr . Revenue fell almost 10 percent to $463.2 million for thequarter, ended March 31, from $511.6 million a year earlier seatle seahawks . Analysts, on average, expected a net loss of 12 cents pershare on revenue of $450.5 million, according to ReutersEstimates seattle mariners . Lions Gate also disclosed negative cash flow of $143million for the year ended March 31 seahawks . The company recently enjoyed a winning streak at the boxoffice, racking up about $190 million in the fourth quarterfrom films like "My Bloody Valentine 3-D," Tyler Perry's "MadeaGoes to Jail" and "The Haunting in Connecticut." Lions Gate also produces television programs such as "MadMen" for AMC, "Weeds" for Showtime, and "Crash" for Starz. Inaddition, it operates a film and television library and ahorror channel.
The company provided few details about its fourth-quarterresults on Monday, saying it would discuss thelarger-than-expected loss at a conference call on Tuesday mariners quilt . Lions Gate paid $241.6 million in January for all equityinterest of TV Guide Network, a transaction that raised the ireof activist investor Carl Icahn, who called it reckless andsaid he might wage a proxy war for the studio seatle seahawks . Lions Gate sold the TV Guide stake to JPMorgan Chase &Co-owned (JPM.N) One Equity Partners and former Dick ClarkProductions Chief Executive Allen Shapiro for help transformingTV Guide into an entertainment network seattle mariners . In a securities filing, Lions Gate said it plans to slash its fiscal 2010 film output to 10 to 12 motion pictures fromthe 18 to 20 it has delivered each year since 2007 . The company will slightly increase its 2010 televisionprogramming to 70 hours from 69 hours, and will distribute its12,000 title film and video library via TV Guide Network and TVGuide Online in its current fiscal year, the filing said. Shares of Lions Gate fell 5percent to $5.96 inafter-hours trade Monday from their $6.26 close in regulartrading on the New York Stock Exchange.(Reporting by Gina Keating; Editing by Tim Dobbyn and SteveOrlofsky) Stocks Funds News ETFs News Media. 28-port Fully Managed Layer-2 Gigabit Ethernet Switch Delivers Advanced Qualityof Service (QoS) and Security Features for Industrial Telecom ApplicationsTAIPEI, Taiwan--(Business Wire)--Vitesse Semiconductor Corporation (Pink Sheets: VTSS), a leading provider ofadvanced IC solutions for Carrier and Enterprise networks, today announced anaddition to its growing portfolio of Ethernet switch solutions with theintroduction of an industrial temperature version (-40°C to 100°C) of theE-StaX-34, a 28-port switch-on-a-chip (SoC) product.