Sunday, September 27, 2009

Lorna's Silence Movie



Synopsis

The destiny of a woman caught between love and the law of the underworld. Lorna, (Arta Dobroshi), a young Albanian woman living in Belgium, has her sights set on opening a snack bar with her boyfriend, Sokol (Alban Ukaj). In order to do so, she becomes an accomplice in a diabolical plan devised by mobster Fabio (Fabrizio Rongione). Fabio has set up a false marriage between Lorna and Claudy (Jérémie Renier) allowing Lorna to get her Belgian citizenship. However, she is then asked to marry a Russian mafioso who's ready to pay hard cash to also get his hands on those vital Belgian identity papers. Fabio intends to kill Claudy in order to speed up the second marriage. But will Lorna remain silent? the film is the 2 time Palm d’Or recipient (Rosetta / L’enfant) Dardenne brothers’ usual blend of low-key realist cinematography and intensely gripping narrative.

Director : Jean-Pierre Dardenne
Cast : Arta Dobroshi , Jérémie Renier, Fabrizio Rongione
Duration : 101 mins

Thursday, September 24, 2009

Palm, Inc. Announces Exercise of Over-allotment Option

Palm, Inc. today announced that the underwriters of its previously announced public offering of common stock have fully exercised their over-allotment option to purchase 3,000,000 additional shares of common stock. The option was granted in connection with the public offering of 20,000,000 shares of common stock at a public offering price of $16.25 per share. The exercise of the over-allotment option brings the expected total net proceeds of the public offering to $359.9 million. Palm expects to use the proceeds for working capital and general corporate purposes. Palm also reaffirmed its fiscal year 2010 outlook and its planned product and carrier launches in the second half of Palm's fiscal year ending in May 2010.

The offering is being made solely by means of a prospectus supplement and accompanying prospectus. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

Goldman, Sachs & Co. and J.P. Morgan Securities, Inc. are serving as the joint bookrunners of this offering and RBC Capital Markets is serving as co-manager. A copy of the prospectus supplement and accompanying prospectus relating to this offering may be obtained by contacting Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004, Attn: Prospectus Department, by calling 866-471-2526, or by emailing prospectus-ny@ny.email.gs.com, or from J.P. Morgan Securities Inc., 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11425 Attn: Chase Distribution & Support Service, Northeast Statement Processing, by calling 718-242-8002.

About Palm, Inc.

Palm, Inc. creates intuitive and powerful mobile experiences that enable consumers and businesses to connect to their information in more useful and useable ways. The company's groundbreaking Palm webOS(TM) platform, designed exclusively for mobile application, introduces true multitasking and Palm Synergy(TM), which brings your information from the many places it resides into a single, more comprehensive view of your life.

Palm products are sold through select Internet, retail, reseller and wireless operator channels, and at Palm online stores.

Palm, webOS and Synergy are trademarks of Palm, Inc. All other brand and product names are or may be trademarks of, and are used to identify products or services of, their respective owners.

Wednesday, September 23, 2009

Palm, Inc. Announces Pricing of Public Offering

Palm, Inc. today announced that it increased the size of its previously announced public offering of common stock to 20,000,000 shares. The public offering price will be $16.25 per share. The underwriters will also have a 30-day over-allotment option to purchase 3,000,000 additional shares of common stock from Palm at the public offering price. Upon the closing of the offering, Palm will receive net proceeds of approximately $313.1 million, assuming no exercise of the underwriters' over-allotment option. Palm expects to use the proceeds for working capital and general corporate purposes.

The offering is being made solely by means of a prospectus supplement and accompanying prospectus. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

Goldman, Sachs & Co. and J.P. Morgan Securities, Inc. are serving as the joint bookrunners of this offering and RBC Capital Markets is serving as co-manager. A copy of the prospectus supplement and accompanying prospectus relating to this offering may be obtained by contacting Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004, Attn: Prospectus Department, by calling 866-471-2526, or by emailing prospectus-ny@ny.email.gs.com, or from J.P. Morgan Securities Inc., 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11425 Attn: Chase Distribution & Support Service, Northeast Statement Processing, by calling 718-242-8002.

About Palm, Inc.

Palm, Inc. creates intuitive and powerful mobile experiences that enable consumers and businesses to connect to their information in more useful and useable ways. The company's groundbreaking Palm webOS platform, designed exclusively for mobile application, introduces true multitasking and Palm Synergy, which brings your information from the many places it resides into a single, more comprehensive view of your life.

Palm products are sold through select Internet, retail, reseller and wireless operator channels, and at Palm online stores.

Friday, September 18, 2009

Palm, Inc. Announces Common Stock Offering

Palm, Inc. today announced that it intends to offer, subject to market and other conditions, approximately 16 million shares of common stock. In connection with this offering, the underwriters will have an option to purchase up to an additional 2.4 million shares of common stock to cover over-allotments, if any. The company is conducting the offering pursuant to an effective registration statement under the Securities Act of 1933.

The company plans to use the net proceeds for working capital and general corporate purposes.

Elevation Partners has indicated its intention to buy $35 million of Palm shares in the offering, at the publicoffering price.

Palm Reports Q1 FY 2010 Results

Palm, Inc. today reported that total revenues in the first quarter of fiscal year 2010, ended Aug. 28, 2009, were $68.0 million. Gross profit was ($2.8) million, and gross margin was (4.1) percent. These results include the effects of subscription accounting applied to Palm webOS products as required by GAAP. In accordance with this methodology, revenues and direct cost of revenues for Palm webOS products (currently Palm Pre smartphone) are deferred and recognized over the product's estimated economic life.

To facilitate comparisons to Palm's historical results, Palm has included non-GAAP adjusted measures, which exclude the impact of subscription accounting, stock-based compensation and other items detailed later in this release. The company believes this information will help investors better evaluate its current period performance and trends in its business.

Non-GAAP Adjusted Revenues in the first quarter totaled $360.7 million, non-GAAP Adjusted Gross Profit was $100.6 million and non-GAAP Adjusted Gross Margin was 27.9 percent.