Significant Developments: Leisure Products

 
Wireless Frontier Internet, Inc. Merges With Fremont Corporation
Tuesday, 12 Feb 2008 08:34am EST

Wireless Frontier Internet, Inc. announced that the Company has merged with Fremont Corporation.

 
Wireless Frontier Internet, Inc. Completes Acquisition Of OPI Wireless For $1.3 Million
Tuesday, 12 Feb 2008 08:30am EST

Wireless Frontier Internet, Inc. announced that it has completed the acquisition of OPI Wireless, a Kansas Corporation, for a purchase price of $1.3 million.

 
Wireless Frontier Internet, Inc. Announces Acquisition Of Raytech Internet
Tuesday, 12 Feb 2008 08:24am EST

Wireless Frontier Internet, Inc. announced that it has purchased Texas-based company Raytech Internet. The acquisition is expected to allow the company to further its supply of wireless broadband Internet access and gain access to a further 11 cities in Texas.

 
Creative Master Bermuda Ltd. Announces Termination Of Acquisition Of Amanda Industries Pte. Ltd. And Disposal Of Creative Master Limited
Wednesday, 6 Feb 2008 04:30am EST

Creative Master Bermuda Ltd. (CMBL) announced that since the conditions for the completion of the proposed acquisition of the entire issued and paid up share capital of Amanda Industries Pte Ltd to be satisfied by the allotment and issue of new ordinary shares in the share capital of CMBL (Proposed Amanda Acquisition) has not been fulfilled, CMBL has decided that it would be in the best interests of the shareholders and CMBL not to further pursue the Proposed Amanda Acquisition. It has been mutually agreed with the Amanda Vendors and Amanda that the Amanda SPA shall be terminated and thereafter none of the parties will have claims against any of the other parties in connection with the termination. CMBL also announced that the proposed disposal by CMBL of all of its entire shareholding interest in Creative Master Limited to the CML purchasers in consideration for the proposed selective capital reduction resulting in the cancellation of a total of 90,000,000 ordinary shares held by specific CMBL shareholders in the capital of CMLB has been terminated.

 
New Motion, Inc. Completes Transaction With Traffix, Inc.
Monday, 4 Feb 2008 06:08am EST

New Motion, Inc. announced that it has completed its transaction with Traffix, Inc. pursuant to the Merger Agreement between the companies dated September 26, 2007. As a result of the closing of the transaction, Traffix, Inc. became a wholly owned subsidiary of New Motion. Immediately following the consummation of the merger, Traffix stockholders will own approximately 45% of the capital stock of New Motion, on a fully-diluted basis. Each issued and outstanding share of Traffix common stock was converted into the right to receive approximately 0.676 shares of New Motion common stock based on the capitalization of both companies on the closing date of the merger. Effective immediately, New Motion will commence trading on The NASDAQ Global Market under the symbol NWMO and Traffix will cease to be traded as an independent company on the NASDAQ Global Market.

 
Raymarine plc Announces Acquisition Of Italian Distributor Deck Marine S.p.A.
Monday, 4 Feb 2008 02:09am EST

Raymarine plc announced the acquisition of Deck Marine S.p.A. (Deck Marine) the distributor of Raymarine products in Italy, for a consideration up to a maximum of ?25.0 million (£18.8 million) (the Transaction). The whole of the consideration is payable in cash using Raymarine's existing facilities. The acquisition is expected to be earnings enhancing immediately.

 
Aruze Corporation Cancels Stock Swap with Seta Corporation
Thursday, 31 Jan 2008 06:41pm EST

Seta Corporation: Aruze Corporation announced that it has canceled the stock swap with Seta Corporation. Aruze now intends to purchase the remaining shares of Seta from existing shareholders at appropriate price. The details regarding the acquisition of remaining shares will be determined later. Aruze currently holds 94.55% stake in Seta, after the successful tender offer in December 2007, and planned to fully acquire Seta through stock swap.

 
Aruze Corporation Cancels Stock Swap with Seta Corporation
Thursday, 31 Jan 2008 06:40pm EST

Seta Corporation: Aruze Corporation announced that it has canceled the stock swap with Seta Corporation. Aruze now intends to purchase the remaining shares of Seta from existing shareholders at appropriate price. The details regarding the acquisition of remaining shares will be determined later. Aruze currently holds 94.55% stake in Seta, after the successful tender offer in December 2007, and planned to fully acquire Seta through stock swap.

 
Volvik Inc. to Acquire Majority Stake in D.I.G. Communication Co.,Ltd.
Tuesday, 29 Jan 2008 09:57pm EST

Volvik Inc. announced that it has decided to acquire 312,583 shares of D.I.G. Communication Co.,Ltd., which represents a 92.83% stake, for KRW 7,426,346,914, to foray into new business. D.I.G. Communication is a Korea-based company mainly in the Internet advertising line. The transaction will settle on January 31, 2008.

 
Hasbro, Inc. Closes Acquisition of Cranium, Inc.
Friday, 25 Jan 2008 05:03pm EST

Hasbro, Inc. announced that its has closed the acquisition of privately-held Cranium, Inc.

 
Photo
Small airport big problem for Las Vegas Tuesday, 12 Feb 2008 09:55pm EST

LOS ANGELES (Reuters) - Las Vegas will be unable to fill the thousands of luxury hotel rooms being built on the Strip unless it expands the capacity of its airport, which is busting at its seams, Deutsche Bank analyst Bill Lerner said on Tuesday.  Full Article  |  Video 

Industry Statistics

Valuation Ratios
P/E(ttm) 16.41
P/Sales(ttm) 1.26
P/Book(mrq) 2.72
P/Cash Flow(mrq) 9.25
Profitability(ttm)
Gross Margin % 36.74%
Operating Margin % 9.09%
Net Profit Margin % 10.58%
Financial Strength (mrq)
Quick Ratio 1.37
Current Ratio 1.89
LT Debt/Equity 36.99
Total Debt/Equity 50.09
Mgt. Effectiveness (ttm)
Return on Invstmt % 10.82%
Return on Assets % 7.33%
Return on Equity % 13.26%