News
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RedEnvelope Losses Mount
RedEnvelope Inc. posted a net loss of $3.6 million for the first quarter compared with a loss of $900,000 in the prior year.
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Agencies
American Blind Drops Trademark Suit Against Google
American Blind & Wallpaper Factory Inc. has been thwarted in its effort to stop Google from letting competitors bid on its trademarks as search terms. On Friday, the two firms settled a 2003 lawsuit which would have tested Google’s right to sell the terms.
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Agencies
Acquisition, New Catalog Clients Boost Innotrac’s Fortunes
Innotrac Corp., a fulfillment and logistics services provider, generated $28.1 million in second quarter 2007 revenue, compared with $16.6 million during second quarter 2006.
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FTC Shutters Florida Telemarketing Operation
The Federal Trade Commission has stopped the operations of Suntasia Marketing Inc., an allegedly huge fraudulent Largo, FL-based telemarketing operation.
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Agencies
USPS and Letter Carriers Reach Tentative Contract
The National Association of Letter Carriers has reached a tentative agreement with the U.S. Postal Service on a five- year contract.
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Agencies
EP Votes to Break Postal Monopolies by 2011
The European Parliament has voted to dismantle national monopolies for mail delivery by 2011, according to wire service reports.
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Agencies
DM Agency Expert Communications Joins Omnicom
Diversified Advertising Services, a division of ad conglomerate Omnicom Goup Inc., has acquired direct-response agency Expert Communications Inc.
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Agencies
MSC Industrial Income Grows More Than 23%
MSC Industrial Direct Co. Inc. posted net income of $45.8 million for the third quarter, a 23.6% gain over net income of $37 million in the prior year.
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Digital
SEMDirector, comScore Pair up for Search Share Analysis
Web traffic measurement firm comScore is partnering with search reporting automation firm SEMDirector in a joint marketing initiative, the two companies announced.
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Grizzard Re-Hires Todd Baker
Grizzard Communications Group, has re-hired Todd Baker as its VP and senior strategist. Baker had previously ben with Grizzard from 1998 to 2001.