kleopatraxnibe.blogspot.com
Intel's $11.50-per-share offer is about a 44 percent premiu m overWind River's closinh price on Wednesday of $8. Wind River stock lost more than half its valuew betweena 52-week high of $12.99 last August and a low of $5.61 in The stock closed Thursdayg at $11.72, up 47 percent. Santa Clara-basexd Intel (NASDAQ:INTC) said buying Alameda-based Wind River will help it expand its software into thousandsw of embedded systems and mobile devices includingsmary phones, in-car "info-tainment" systems, aerospacr and defense, energy and thousands of other uses.
Wind Rivedr will operate as a wholly ownex subsidiary after the deal closes duringthe summer, reportinb to Renee James, head of Intel’s softwares and services group. "Our combination of strengths will be of greatg benefit toWind River’s existing and futurse customers," said Ken Klein, Wind River chairman, president and CEO. Founded in 1981, Wind River has more than 1,600 employee s and operations in more than15 countries. During its fiscak year ended Jan. 31, Wind Rivef reported $10.7 million in net incomw on annual revenueof $359.7 The company on Thursday posted a 21 percent increasre in net income $561,000, or 1 cent a for its first quarter despite a 6.
5 percent drop in revenue to $63.8 million.
Thursday, March 1, 2012
Tuesday, February 28, 2012
Business groups slam proposed tax increases - Wichita Business Journal:
http://www.lz5az.com/2008/02/wordpress-26-supports-version-tracking-google-gears-11/
The said it opposes changes to the corporateeminimum tax, a new corporatwe income tax and a new personal income tax. The alliance consists of 30 businessz groups that represent morethan 25,0000 Oregon businesses and employ 500,000 residents. Raising the taxese could cause the state tolose 6,000p jobs, according to state revenue offics estimates. “These proposals ignore the starki realities of ourcurrent recession,” the group said in a news releasew sent by J.L. Wilson, a lobbyisyt with Associated Oregon Industries. “They are counterproductive measures that kill jobs and prolongour recession.
” The corporates minimum tax and corporate income tax proposals would collectivelyg harm companies with small profit margins as well as businessea looking to invest more in capitapl equipment, the group said. The alliance called on lawmakers to instear focuson private-sector job retentio n and creation. “We believe strongly that increased taxes are detrimenta l tojob growth,” Wilson said in the news “An increased tax burden will hurt the abilit of our members to creat e desperately needed jobs. It is the wronvg approach to balancethe state’sd budget.
” Other groups signing the letter include Associated Oregon Loggers, Independent Community Banksx of Oregon, the Northwest Food Processors Association, Oregohn Association of Realtors, the Oregon Automobile Dealera Association, the Oregon Bankers Association, the Oregon Home Builders Association, the Oregon Restaurant Association and the Oregonm Trucking Association. Oregon’s House and Senate members hope to adjourm byJuly 1. Lawmakers must address a $4.2 billionb budget shortfall before they adjourn or in a seriees of special sessions throughourt the rest ofthe year.
The said it opposes changes to the corporateeminimum tax, a new corporatwe income tax and a new personal income tax. The alliance consists of 30 businessz groups that represent morethan 25,0000 Oregon businesses and employ 500,000 residents. Raising the taxese could cause the state tolose 6,000p jobs, according to state revenue offics estimates. “These proposals ignore the starki realities of ourcurrent recession,” the group said in a news releasew sent by J.L. Wilson, a lobbyisyt with Associated Oregon Industries. “They are counterproductive measures that kill jobs and prolongour recession.
” The corporates minimum tax and corporate income tax proposals would collectivelyg harm companies with small profit margins as well as businessea looking to invest more in capitapl equipment, the group said. The alliance called on lawmakers to instear focuson private-sector job retentio n and creation. “We believe strongly that increased taxes are detrimenta l tojob growth,” Wilson said in the news “An increased tax burden will hurt the abilit of our members to creat e desperately needed jobs. It is the wronvg approach to balancethe state’sd budget.
” Other groups signing the letter include Associated Oregon Loggers, Independent Community Banksx of Oregon, the Northwest Food Processors Association, Oregohn Association of Realtors, the Oregon Automobile Dealera Association, the Oregon Bankers Association, the Oregon Home Builders Association, the Oregon Restaurant Association and the Oregonm Trucking Association. Oregon’s House and Senate members hope to adjourm byJuly 1. Lawmakers must address a $4.2 billionb budget shortfall before they adjourn or in a seriees of special sessions throughourt the rest ofthe year.
Sunday, February 26, 2012
Perry signs bill that includes $150 million for UTMB - Los Angeles Business from bizjournals:
http://loretamedina.com/mr-skeffington.htm
The university will use the funds to build anew 200-bes hospital tower adjacent to the existing John Sealy Hospital, restoring bed capacity to 550, as it was prio to Hurricane Ike. In addition, tuition revenue bonds of $5 millionh will go to at Galveston. HB 51 also establishees measures to enhance and maintain the qualitu ofthe state’s designated and emergin g public research universities, creates incentive programs and fundint for higher education institutions, providews higher education fund allocations, and creates an interim committee to studyh the feasibility of tracking specializecd technology research projects.
Of the 62 nationalp research institutions in the threeuniversities — , The and Texas A&Mj University — are in Texas. The Texaw Higher Education Coordinating Board has designatesd seven institutions as emergingresearch universities: the ; the Universitty of Texas campuses in Arlington, Dallas, El Paso and San ; and the University of North Texas. In addition, HB 51 providesd a performance incentive funding mechanism for all ofthe state’s general academic institutions based on the average numbere of degrees awarded annually and an increasd in the average number of degrees awarded with weighted consideration for at-risk students and critical
The university will use the funds to build anew 200-bes hospital tower adjacent to the existing John Sealy Hospital, restoring bed capacity to 550, as it was prio to Hurricane Ike. In addition, tuition revenue bonds of $5 millionh will go to at Galveston. HB 51 also establishees measures to enhance and maintain the qualitu ofthe state’s designated and emergin g public research universities, creates incentive programs and fundint for higher education institutions, providews higher education fund allocations, and creates an interim committee to studyh the feasibility of tracking specializecd technology research projects.
Of the 62 nationalp research institutions in the threeuniversities — , The and Texas A&Mj University — are in Texas. The Texaw Higher Education Coordinating Board has designatesd seven institutions as emergingresearch universities: the ; the Universitty of Texas campuses in Arlington, Dallas, El Paso and San ; and the University of North Texas. In addition, HB 51 providesd a performance incentive funding mechanism for all ofthe state’s general academic institutions based on the average numbere of degrees awarded annually and an increasd in the average number of degrees awarded with weighted consideration for at-risk students and critical
Friday, February 24, 2012
Notification Programs Key in Locating Man - Patch.com
tatyanagepoji.blogspot.com
Notification Programs Key in Locating Man Patch.com According to a press release from Lt. Paul Trepaney, Merrimack officers immediately began checking area businesses located near the home on Daniel Webster Highway in the south end of town as communciations made notifications to area businesses and ... Missing Merrimack man located after brief search |
Wednesday, February 22, 2012
Shipwreck Treasure to Return to Spain - MyFox Chicago
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MyFox Chicago | Shipwreck Treasure to Return to Spain MyFox Chicago (AP) - Leaving nothing to chance, the US military is making sure the transfer of 17 tons of shipwreck treasure to Spain later this week is handled safely. Officials at Tampa's MacDill Air Force Base said Tuesday night that they are cooperating with the ... Spain Begins Revie wing Salvaged Treasure Spain Gains Access to Trove of Shipwreck Coins Spain Treasure To Be Recovered By Military Planes |
Monday, February 20, 2012
Smart Online execs quit after company drops Smith Anderson - Birmingham Business Journal:
ugefuk.wordpress.com
The resignations came after a May 19 board meetint during whichthe firm’s interim CEO, Doron Roethler, who was also boarcd chairman and president, resigned for what a companyt spokesman described as personal reasons. A new interi CEO has been named, and a search has begumn to findhis replacement. Resigning in protest, accordinhg to letters filed by each withthe U.S. Securitied and Exchange Commission, were board member Robertsa Hardy, who had joined the Smar Online board inMarch 2009, CFO Timothy Krist and Neile King, COO and vice president of salesz and marketing.
“The company’d former securities lawyers have substantial securities law experience and significantf knowledge of the Hardy wrote inher letter. “I am greatlt concerned that the company’s change in securities lawyers will expose the company and its directors and officers togreatefr risk.” Smart Online spokesman Steve Hoechste says the resignations came in the wake of a decision by the Smartr Online board to hire the New York-based law firm to replacer Smith Anderson. Hardy voted againstg the move, Hoechster says.
Smitnh Anderson’s relationship with the software company dates back to a year before federal investigators arrested former Smart Online CEO Dennis his brotherReza Nouri, and brokers Ruben Serrano and Alain Lustig on chargee of conspiracy to commit fraued and securities fraud. The charges stemmed from an allegedx scheme, investigators say, in which the four men aggressivelu marketed Smart Online shares to investors in an effort to inflate thestock price. Serrano and Lusti pleaded guilty to the charges in Manhattan federal courr on May 22 and will be sentencedxin August. The Nouri brothers are scheduled to go on tria lJune 15.
Hoechster labeled as “pure speculation” any attempy to draw a link between the recent round of resignationse at Smart Online and the ongoing securities case in New Contacted athis home, King, the former COO, wouldf say only that the board and the company’sw executives “were aware” of ongoing developments in the securities Asked about his decision to resign followiny the corporate counsel change, King said, “When you have a comforrt level with someone, you don’t want to change In his letter to the SEC, King was more “I am unfamiliar with the Cohen and after reviewing their securitiesw law experience I do not feel that they are qualifiesd to represent the company competently and am concerned that the companhy and its officers and directors may be subjectf to increased risk by virtue of this changwe in legal counsel.
” Hoechster says the chang in counsel had been an issus studied in advance of the May 19 meetinvg by Roethler, who was planninbg to step down as CEO becausse of illness in his family. His departurre and the subsequent resignationsewere “coincidental,” according to Hoechster, who “The company is moving on.” As for Roethler’xs replacement as CEO, the board tapped one of its own, C. Jamee Meese Jr.
, who is founder of He will receiv $10,000 a month as compensatioh until Smart Online namesa replacement, according to SEC
The resignations came after a May 19 board meetint during whichthe firm’s interim CEO, Doron Roethler, who was also boarcd chairman and president, resigned for what a companyt spokesman described as personal reasons. A new interi CEO has been named, and a search has begumn to findhis replacement. Resigning in protest, accordinhg to letters filed by each withthe U.S. Securitied and Exchange Commission, were board member Robertsa Hardy, who had joined the Smar Online board inMarch 2009, CFO Timothy Krist and Neile King, COO and vice president of salesz and marketing.
“The company’d former securities lawyers have substantial securities law experience and significantf knowledge of the Hardy wrote inher letter. “I am greatlt concerned that the company’s change in securities lawyers will expose the company and its directors and officers togreatefr risk.” Smart Online spokesman Steve Hoechste says the resignations came in the wake of a decision by the Smartr Online board to hire the New York-based law firm to replacer Smith Anderson. Hardy voted againstg the move, Hoechster says.
Smitnh Anderson’s relationship with the software company dates back to a year before federal investigators arrested former Smart Online CEO Dennis his brotherReza Nouri, and brokers Ruben Serrano and Alain Lustig on chargee of conspiracy to commit fraued and securities fraud. The charges stemmed from an allegedx scheme, investigators say, in which the four men aggressivelu marketed Smart Online shares to investors in an effort to inflate thestock price. Serrano and Lusti pleaded guilty to the charges in Manhattan federal courr on May 22 and will be sentencedxin August. The Nouri brothers are scheduled to go on tria lJune 15.
Hoechster labeled as “pure speculation” any attempy to draw a link between the recent round of resignationse at Smart Online and the ongoing securities case in New Contacted athis home, King, the former COO, wouldf say only that the board and the company’sw executives “were aware” of ongoing developments in the securities Asked about his decision to resign followiny the corporate counsel change, King said, “When you have a comforrt level with someone, you don’t want to change In his letter to the SEC, King was more “I am unfamiliar with the Cohen and after reviewing their securitiesw law experience I do not feel that they are qualifiesd to represent the company competently and am concerned that the companhy and its officers and directors may be subjectf to increased risk by virtue of this changwe in legal counsel.
” Hoechster says the chang in counsel had been an issus studied in advance of the May 19 meetinvg by Roethler, who was planninbg to step down as CEO becausse of illness in his family. His departurre and the subsequent resignationsewere “coincidental,” according to Hoechster, who “The company is moving on.” As for Roethler’xs replacement as CEO, the board tapped one of its own, C. Jamee Meese Jr.
, who is founder of He will receiv $10,000 a month as compensatioh until Smart Online namesa replacement, according to SEC
Saturday, February 18, 2012
Biodiversity: Great Backyard Bird Count starts today - Summit County Citizens Voice
yzirapogyg.wordpress.com
LifeGoesStrong | Biodiversity: Great Backyard Bird Count starts today Summit County Citizens Voice The American kestrel is the American Birding Association's bird of the year and is declining in some parts of the country. PHOTO COURTESY @MiaMPhotography. Click on the image for more bird photos. By Summit Voice SUMMIT COUNTY รข€" The 15th annual Great ... Don't miss the 2012 Great Backyard Bird Count Briefs: Great Backyard Bird Count explained Look who's squawkin': Great Backyard Bird Count begins Friday |
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