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American Greetings

Earnings
Earnings: Brutal Business In E-Cards Despite Holiday Volume; AG Interactive Takes $161M Charge

Dec 23, 2008 8:40 AM

Judging by the amount of “Season’s Greetings” holiday and New Year’s e-cards that I have been getting, the activity level and hence possibly the business of online e-cards should be high. But then I hadn’t opened a single e-cards e-mail, and that explains it. No one cares for digital greetings,…

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Posted In: Money, Earnings, ag interactive, american greetings

American Greetings Acquiring PhotoWorks For $26.5 Million; Second Online Photo Buy In Recent Weeks

Nov 28, 2007 4:58 PM

A month after acquiring Webshots from CNET, (NSDQ: CNET) American Greetings (NYSE: AM) is making a second buy in the online photo space: OTCBB-traded PhotoWorks for $26.5 million. The $0.595 per share offer represents a significant premium to today’s $0.26 close. PhotoWorks is a photo sharing site with an emphasis…

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Posted In: Social Media, Photo Sharing, american greetings, webshots

CNET Sells Off Photo Sharing Site Webshots To American Greetings, For $45 Million

Oct 25, 2007 3:24 PM

CNET (NSDQ: CNET) Networks has done its first online divestment for a while: it has sold its once-high-flying online photo sharing site Webshots, to American Greetings (NYSE: AM) for $45 million. Webshots is still among the biggest photo sharing sites, and certainly one of the originals in the space, but…

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Posted In: Social Media, Photo Sharing, Companies, CNET, american greetings, webshots

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