Safeguard announced third quarter 2013 financial results and reiterated increased aggregate partner company revenue guidance for 2013 to a range of $285 million to $295 million, up from initial revenue guidance of $250 million to $270 million. This represents an increase of 44% to 49% as compared to $197.3 million in 2012.
We are enthusiastic about the performance of our partner [...]
Safeguard announced that it has increased 2013 aggregate partner company revenue guidance to a range of $285 million to $295 million, up from its initial revenue guidance of $250 million to $270 million. This represents an increase of 44% to 49% as compared to $197.3 million in 2012. Results for Safeguard partner companies are reported [...]Posted by John E. Shave III
Safeguard announced the final agenda and webcast information for Investor Day 2013. The event will be held at the New York Stock Exchange tomorrow, October 8, 2013 from 8:00 a.m. to 11:45 a.m. EDT.
8:00 a.m. — Registration and Breakfast
8:30 a.m. — Opening Remarks
Stephen T. Zarrilli, President and CEO, Safeguard
8:45 a.m. — Specialty Pharmaceuticals
9:05 a.m. [...]Posted by John E. Shave III
Shares of Rocket Fuel (NASDAQ: FUEL) literally took off on its first day as a publicly traded company. After pricing at the high end of the expected $27 to $29 range, shares more than doubled during Friday’s trading, reaching $62.40 before closing at $56.10, a jump of 93% over the IPO price.
At the closing price on the first [...]
In 1953, the average cost of a new home was $9,550. Gas was 20 cents a gallon, and the average annual wage was $4,000. The term “venture capitalist” was as foreign to the public as the “Internet.”
That didn’t stop Pete Musser and Frank Diamond from starting Lancaster Corporation on Sept. 11, 1953 to “engage directly [...]
CEO of Campus Apartments and this year’s 2013 NFTE Philadelphia Visionary Gala honoree, David Adelman started early. At age 13, he invested his Bar Mitzvah money in a property in Philadelphia, and by age 25, he took over Campus Apartments, functioning as CEO ever since. And he’s not alone. In fact, many entrepreneurs working today [...]Posted by Sylvia Watts McKinney
Safeguard’s partner companies remain on track to achieve growth and operating, financial and strategic milestones. As a result, Safeguard reiterated aggregate partner company revenue guidance for 2013 to be between $250 million and $270 million.
Although the M&A market remains a little spotty, by focusing on Safeguard’s core business in the near-term, we are confident that [...]
The second quarter 2013 NVCA numbers came in, and while capital deployments in medical device companies declined 1 percent in both dollars and deals from the first quarter, deployments in biotechnology companies surged 41 percent in dollars and 4 percent in total deals over the same period.
Why were venture capitalists more willing to deploy capital [...]
Today, Safeguard announced that Jim Datin has resigned effective June 30, 2013.
“Jim Datin is a talented executive and consummate professional for whom we wish only the best in the next chapter of his career,” said Stephen T. Zarrilli, Safeguard’s President and Chief Executive Officer. “He helped revitalize and refocus the Company and leaves the Company in excellent financial [...]
Safeguard Scientifics will release its financial results for the second quarter ended June 30, 2013 prior to market open on Thursday, July 25, 2013.
The conference call and webcast will be held at 9:00am EDT at www.safeguard.com/results. The dial-in number is 877-317-6789 // (International) +412-317-6789.
A replay will be available through August 26, 2013 at 9:00am EDT. The replay dial-in is 877-344-7529 // [...]
Since its founding in 1953, Safeguard has been synonymous with not only supporting entrepreneurs, but also giving back to the community.
To honor this heritage, Safeguard launched its “Community Gives” campaign, through which 10 charities will benefit from your “vote”.
How Does it Work?
You Vote. Choose your favorite charity and click the ‘VOTE’ button. (NOTE: Only one [...]Posted by John E. Shave III