IBM Global Financing and Juniper Networks Announce Financing Program for Juniper Resellers and End-User Customers and EarthLink Wins Suit against KSTM7 October 2006
Internet Service Provider industry news provided by Financial News USA (OTC: FNWU). IBM Global Financing (NYSE:IBM) announced recently that it has signed a five-year agreement to provide Juniper Networks, Inc. (NASDAQ:JNPR) with a leasing and financing program. The financing will be used to provide Juniper's worldwide corporate and small-business customers with a wide variety of payment plans to acquire the company's hardware, software and services. In addition, IBM Global Financing will provide asset-backed, inventory and floor-financing for Juniper's business partners in Europe. Time Warner Inc. (NYSE:TWX) is giving up its foothold in one of the fastest-growing markets for broadband Internet access with a deal to sell AOL Germany's Internet access business to Telecom Italia SpA for about $870 million. The all-cash deal, announced late Sunday, is expected to close early in 2007, subject to regulatory approval. The decision was expected after AOL said in August that it planned to cut 5,000 jobs, or a quarter of its global work force, as it restructured its business to draw more advertising revenue. A federal judge in Atlanta has awarded EarthLink Inc. an $11 million judgment against KSTM LLC for sending millions of illegal mortgage related e-mail advertisements. Atlanta-based EarthLink (NASDAQ: ELNK) sued Navada-based KSTM, saying it broke the federal Computer Fraud and Abuse Act, the Georgia Computer Systems Protection Act and state and federal racketeering laws. According to the lawsuit, KSTM sent e-mails promoting the Web site "lmlgdnhk.info." InvestSource Communications, Inc. (Other OTC:IVSR) invites the public to hear what Jeff Olweean, a representative of Zaldiva, Inc. (OTC BB:ZLDV) has to say about his company. Mr. Olweean was featured in a recent installment of CEOCorner, "The Fastest 60 Seconds in the Small Cap Market." Details of the interview can be heard at the Zaldiva company profile on the InvestSource Communications (ISC) website at www.investsourceinc.com, or on the CEOCorner website at www.ceo-corner.com. About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information: Financial News USA Tel: (626) 961-8041 Email: info@financialnewsusa.com
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