DALLAS (CN) - Verizon made $9.5 billion from spinning off its now-bankrupt telephone book subsidiary, Idearc, after "stripping Idearc of cash and burdening Idearc with massive debt," the U.S. National ...
Full-year guidance achieving close to flat multi-product revenues for 2007; Healthy cash flow that will fund another dividend to stockholders; Improvement in multi-product advertising sales of more ...
DALLAS (CN) – Idearc shareholders have filed a federal securities fraud class action against five of the phone book publisher’s current and former officers, claiming they failed to disclose the ...
Idearc Inc. (IAR) announced the appointment of Scott W. Klein as Chief Executive Officer, effective immediately. Klein, 50, also becomes a member of the Idearc Board of Directors. Frank P. Gatto, who ...
Idearc said Monday it is purchasing Switchboard.com and other online directory assets from InfoSpace for $225 million in cash. The transaction will be financed through a mix of cash and borrowings ...
The trustee for yellow pages publisher Idearc has filed suit against former parent company Verizon, claiming the telecommunications giant spun off its yellow pages publishing arm, leaving it saddled ...
This story was written by Tameka Kee. Dragged down by cratering yellow-pages sales and dwindling local online ad revenues, Idearc Media has filed for Chapter 11 bankruptcy protection. The plan is to ...
DALLAS--(BUSINESS WIRE)--Idearc Inc. (“Idearc”) today announced that it filed a motion with the United States Bankruptcy Court for the Northern District of Texas in its pending Chapter 11 proceedings ...
DALLAS--(BUSINESS WIRE)--Following a two-day confirmation hearing, Idearc Inc. (Pink Sheets: IDARQ) today announced the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division, has ...
It looks like Idearc had plenty of problems even before its chief executive resigned for “unforeseen health reasons” on Wednesday, after just one week on the job. The publisher of Verizon Yellow Pages ...
Idearc Inc. (NYSE:IAR), one of the nation’s largest providers of yellow and white pages directories and related advertising products, begins trading today, Nov. 20, with Katherine (Kathy) J. Harless ...
Simply sign up to the US & Canadian companies myFT Digest -- delivered directly to your inbox. Few media businesses have fallen faster from favour than directories publishers. In the cheap credit era, ...