Key Developments: Harte-Hanks Inc (HHS.N)
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Latest Key Developments (Source: Significant Developments)
Harte-Hanks Inc Announces Senior Management Changes
Harte-Hanks Inc announced its Chairman, President and Chief Executive Officer, Larry Franklin, will retire on June 30, 2013, and Robert Philpott has been appointed as President and Chief Executive Officer effective July 1, 2013. Christopher Harte, a member of the company's Board of Directors since 1993, has been appointed as Chairman of the Board effective July 1, 2013. Mr. Franklin will remain a member of the Board of Directors for a period of time after his retirement. Full Article
Harte-Hanks Inc's Trillium Software and Collibra Integrate Data Governance and Data Quality Offerings to Improve Data Accountability and Business Process
Trillium Software, a business of Harte-Hanks Inc and Collibra, provider of data governance software announced an alliance to address the demand for data governance initiatives and enable customers of both companies to leverage data as a strategic enterprise asset. The integration between the Trillium Software System and Collibra's Data Governance Center will enable customers to add policies to business rules management by business stakeholders. This will make data profiling results more easily accessible by business people and provide traceability between business rules, data assets, systems and business definitions, as well as address issue management resolution. Unlike similar offerings from platform vendors, the alliance provides customers with a focused solution and eliminates the need to buy additional products and services. Full Article
Harte-Hanks Inc Declares Regular Quarterly Dividend
Harte-Hanks Inc announced that Board Of Directors has declared a regular quarterly cash dividend of 8.5 cents per share payable on June 14, 2013, to the holders of record of the Company's common stock at the close of business on June 3, 2013. Full Article
Harte-Hanks Inc Announces Closing Of Its Florida Shoppers Sale
Harte-Hanks Inc announced that the closing of the sale of its Florida Shoppers operations, The Flyer, on December 31, 2012. The sale, previously announced on December 17, 2012, was to Coda Media Corp. Harte-Hanks continues to own and operate its California Shoppers, PennySaverUSA, with 9.0 million in weekly circulation. Full Article
Harte-Hanks Inc Agrees To Sell Florida Shoppers
Harte-Hanks Inc announced that it has entered into a definitive agreement to sell the assets of its Florida Shoppers operations, The Flyer, to Coda Media Corp. for gross proceeds of approximately $2 million in the form of a secured promissory note, subject to working capital adjustments. The transaction is expected to close on or before December 31, 2012 upon satisfaction of customary closing conditions. Harte-Hanks anticipates the transaction will result in a one-time after-tax loss of approximately $1.0 million. Harte-Hanks intends to use the proceeds from the transaction for general corporate purposes. Full Article
Harte-Hanks Inc Declares Dividend
Harte-Hanks Inc announced that its board of directors has declared a cash dividend of USD0.085 per share payable on December 28, 2012, to the holders of record of shares of common stock of the Company at the close of business on December 17, 2012. Full Article
Harte-Hanks Inc Declares Quarterly Dividend
Harte-Hanks Inc announced that board of directors has declared a regular quarterly cash dividend of 8.5 cents per share payable on December 14, 2012, to the holders of record of shares of common stock of the Company at the close of business on November 30, 2012. Full Article
Harte-Hanks Inc Comments On Q4 2012 Guidance
Harte-Hanks Inc announced that it expect the fourth quarter 2012 revenue decline to be less than the third quarter decline, the second half 2012 is likely to be in line with the first half and no longer expect to see profit growth in the second half of 2012. The Company expected the third quarter revenue decline to be greater than the fourth quarter decline, not expect it to be over 7% for the third quarter. It still expect the rate of decline in operating income to be less than the decline in revenue. Full Article
Harte-Hanks Inc's Trillium Software Secures Contract From Elsevier For Global Data Quality Assurance
Trillium Software, a business of Harte-Hanks, Inc. and a provider of Total Data Quality solutions, announced that Elsevier, provider of scientific, technical and medical information products and services, has selected the Trillium Software System to help verify the accuracy of information it manages related to the 30 million scientists, students and health and information professionals it serves worldwide. Full Article
Harte-Hanks Inc Comments On H2 2012 Guidance-Conference Call
Harte-Hanks Inc announced that it expects to see some slight rate of revenue decline reduction during the second half of 2012, and expect some modest profit improvement. Full Article

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