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Digital River
built 502 days ago
BlueHornet Networks, a wholly owned subsidiary of Digital River, Inc., is a provider of permission-based e-mail marketing solutions. BlueHornet conducts e-mail campaigns for hundreds of top brands, including Match.com, Famous Footwear, 3M, GUESS?, House of Blues Entertainment, Inc., Kyocera Wireless and Red Lobster. In addition, BlueHornet supports more than 100 resellers, many using private label versions of its e-mail marketing solution.
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In addition to powering the eEye-branded online software store, Digital River is processing order transactions using multiple preferred payment methods as well as providing fraud screening and customer service support. The online store features eEye’s complete product portfolio, including Retina Network Security Scanner, REM Security Management Console, Iris Network Traffic Analyzer, Blink endpoint security solutions and SecureIIS™ Web Server Protection. The eEye product suite is used in conjunction with popular tools, such as firewalls and intrusion detection systems.
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-- Digital River Inc. DRIV will replace Duquesne Light Holdings Inc. DQE in the S&P MidCap 400 after the close of trading on Thursday, May 31. Duquesne is being acquired by a consortium led by Macquarie Infrastructure Partners in a deal expected to close on or about that date, pending final approvals. Digital River was originally announced as the replacement for OSI Restaurant Partners Inc. OSI. A new replacement for OSI Restaurant Partners will be named at a later date. -- S&P SmallCap 600 constituent NBTY Inc. NTY will replace Claire's Stores Inc. CLE in the S&P MidCap 400 and AMIS Holdings Inc. AMIS will replace NBTY Inc. in the S&P SmallCap 600 after the close of trading on a date to be announced. Claire's Stores is being acquired by Apollo Management, L.P in a deal still pending final approvals.
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Digital River Inc. (DRIV) opened at 40.34. So far today, the stock has hit a low of 38.58 and a high of 40.66. DRIV is now trading at 39.19, down 0.82 (-2.03%). The stock hit its 52 week high of 60.99 in December and set its 52 week low of 38.58 today. The stock has been trading lower since May. Shares of Digital River fell to a new 52-week low today on no significant news.
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Digital River and its CEO Joel Ronning have been recognized for many prestigious industry awards. Ronning was named Ernst & Young's Entrepreneur of the Year in 2000 and Digital River was lauded as one of the top 100 Internet companies by Internet World in the same year. The company made Interactive Week's 2001 Interactive 500 in 2001, while Ronning was named of one VARBusiness magazine's 2001 Top 20 Visionaries and CRN magazine's 2001 Top 25 Executives.
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NEW YORK, May 3 /PRNewswire-FirstCall/ -- Digital River Inc. (Nasdaq: DRIV) will replace OSI Restaurant Partners, Inc. (NYSE: OSI) in the S&P MidCap 400 after the close of trading on a date to be announced. OSI Restaurant Partners is being acquired by an investor group comprised of Bain Capital Partners LLC, Catterton Partners, and OSI Restaurant founders in a deal that is still pending final approvals.
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