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Most San Antonio stocks lost value at close of trading on Friday

Thirteen of the local stocks tracked by the San Antonio Business Journal lost value at the close of trading on Friday to close out the week. Only two local stocks registered a gain on Friday, Rush Enterprises’ Class A stock and Class B stock. The company’s Class B stock posted a (...)

11 février 2012

Waste Management Phoenix Open meets recycling goals

Waste Management had a high goal for diverting more than 90 percent of the trash developed during the Phoenix Open away from landfills, but the company achieved that measure for the tournament held last week. Since it started its sponsorship three years ago, Waste Management has upped the ante (...)

11 février 2012

Gideon Yu named San Francisco 49ers president

Gideon Yu has been named president of the San Francisco 49ers, the team said Friday. Yu, a co-owner of the Niners, joined the franchise last April as chief strategy officer. His job duties will still include developing “new businesses and revenue streams,” according to the team. He (...)

10 février 2012

NASA astronauts capture night imagery of Texas

Astronauts aboard the International Space Station recently filmed some of the most spectacular night imagery ever taken from space of the United States. The video, comprised of hundreds of sequential still images, began airing Friday on NASA's website. Taken between Jan. 29-Feb. 3, the images (...)

10 février 2012

Whitman Capital chief charged with insider trading

The Galleon Group insider trading case — and its Silicon Valley connections —widened on Friday. Federal prosecutors and securities regulators said insider trading charges were filed against hedge-fund manager Douglas F. Whitman, alleging he was connected to the illegal trading (...)

10 février 2012

Vormetric names Tina Stewart marketing chief

Data security company Vormetric Inc. on Friday named Tina Stewart as vice president marketing, reporting directly to CEO Richard Gorman. Stewart has previously led global marketing, branding and communications security and networking companies including Juniper Networks Inc., Arbor Networks (...)

10 février 2012

LinkedIn stock soars 18 percent after strong earnings

LinkedIn Corp. stock jumped nearly 18 percent on Friday, a day after it posted strong earnings and an outlook that topped Wall Street expectations. The Mountain View online professional networking company's shares (NYSE:LNKD) traded above $91 before closing the day at $89.96. The company is (...)

10 février 2012

StudentRND aims to inspire youth interest in tech, science

It’s no secret that jobs in the technology sector are often the bright spot in an otherwise gloomy economy. Tech employees – especially software engineers and those in the mobile and gaming space – are in high demand, with companies offering big bucks and major perks to lure (...)

10 février 2012

Ruckus Wireless raises $21.7M

Ruckus Wireless Inc. said in a regulatory filing on Friday that it raised about $21.7 million of a $25 million round of funding. The Sunnyvale wireless networking company descibed the offering as being Series G Preferred Stock and the underlying shares of Common Stock issuable upon conversion (...)

10 février 2012

Introducing the newest AlphaLab startups

It was another round of coffee-fueled networking on the South Side and the informal unveiling of the latest class of startups to take up residence in AlphaLab. The six startups have been in the accelerator for the past five weeks, and it's a pretty diverse group with everything from gaming, to (...)

10 février 2012

Amtech Systems reports 1Q loss; revenue down 54%

Amtech Systems Inc. reported a first-quarter loss on a 50 percent drop in revenue as its products fell victim to the solar industry’s oversupply and downturn. Tempe-based Amtech (Nasdaq: ASYS), which makes equipment for the semiconductor and solar industries, reported a loss of $876,000, (...)

10 février 2012

Baltimore files $9M suit against Unisys over tax system

The city has filed a $9 million lawsuit against Unisys Corp., alleging the company never completed a new property tax computer system the city spent millions on. The suit claims that the Blue Bell, Pa., company entered into a $7.1 million contract with the city in 2002 to create an (...)

10 février 2012

Local boy makes good as scientist

Matt Poelker, a Belleville native and a 1978 Althoff Catholic High grad, was named a 2011 Ernest O. Lawrence award winner for his work at the Thomas Jefferson National Accelerator Facility in Newport News, Va. Specifically, his award was in the high energy and nuclear physics category, and, (...)

10 février 2012

Apollo Endosurgery lands $5.1M more in funding

Medical device maker Apollo Endosurgery Inc. has received $52.7 million of a planned $53.8 million financing. The Austin-based company collected the capital from 14 investors, according to a Friday filing with the U.S. Securities and Exchange Commission. The filing comes four days after Apollo (...)

10 février 2012

Air Force considering big Apple iPad purchase

The Air Force could buy thousands of Apple iPad 2s or similar tablets so flight crews can tote those around instead of bulky flight manuals and charts, Bloomberg is reporting. “Apple (NASDAQ:AAPL) ... has been eating away at Waterloo, Ontario-based Research In Motion Ltd.’s market (...)

10 février 2012

High Touch to host Wings Over Kansas website

High Touch Technologies has taken over web hosting duties for the Wings Over Kansas website. The website, www.wingsoverkansas.com, profiles the long history of aviation in Wichita and also industry-related articles from contributing aerospace writers. Here is High Touch’s news release on (...)

10 février 2012

Analyst sees 7-inch iPad in Apple's future

A 7-inch iPad is an idea that has been floated on the rumor mill and by analysts before, but the prediction was made once more on Thursday by Ezra Gottheil of Technology Business Research. The analyst told Computerworld that he expects Apple Inc. (Nasdaq: AAPL) won't introduce a Kindle (...)

10 février 2012

J.C. Penney's Ron Johnson defends Ellen DeGeneres decision

J.C. Penney Co Inc. CEO Ron Johnson defended his decision to partner with talk show host Ellen DeGeneres yesterday on CBS This Morning, saying DeGeneres “shares the same values” as the Plano-based department store chain. J.C. Penney (NYSE: JCP) was under attack from a conservative (...)

10 février 2012

Fertitta's Golden Nugget to launch online gaming site

The Golden Nugget hotels and casinos said Friday it has lined up a potential partner for a free-play online gaming website. The hotel and casino chain, which is owned by Houston-based Landry’s Inc., said it will partner with Chiligaming, an international developer and operator of games (...)

10 février 2012

Intel Corp. settles New York antitrust suit

Intel Corp. has agreed to pay $6.5 million to settle an antitrust case with the New York attorney general, The Wall Street Journal reports. The payment, which will cover New York's costs in the litigation, compares with hundreds of millions in damages that the state was seeking. Read more at (...)

10 février 2012

KLD Energy workers placed on 'short-term leave'

An Austin technology company that has received $26 million in funding during the last five years — including $10 million just three months ago — put an undisclosed number of workers on furlough last week. Electric drive-motor developer KLD Energy Technologies LLC placed workers on (...)

10 février 2012

Buffalo expressways need special driving lanes for idiots

I have a solution to the problem of dangerous drivers, the whack-jobs who plague the expressways carrying traffic into and out of Buffalo during the morning and afternoon commutes. Furthermore, my solution is a reasonable solution – one that does not involve public executions or the (...)

10 février 2012

Alibaba.com may go private in Yahoo deal

There was no official word about why trading of Alibaba Group Holding Ltd.'s Hong Kong listed unit's stock trading was halted on the Hong Kong exchange Thursday, but it's believed that it will soon announce a deal with Yahoo Reuters cited unnamed sources who said the Chinese Internet giant run (...)

10 février 2012

VIDEO: A closer look at Pittsburgh STEM education programs

In today’s print edition we have the first of a series of stories focusing on STEM education and STEM issues. For the uninitiated, STEM is the latest buzzword used to describe the fields of Science, Technology, Engineering and Math and more and more businesses, educators and the (...)

10 février 2012

Kauffman Foundation turns focus away from Washington

The Kansas City-based Ewing Marion Kauffman Foundation is shifting its efforts for spurring entrepreneurship from the federal government to state and local governments, Portfolio.com reports. Interim CEO Benno Schmidt said the change was sparked by the “gridlock in Washington” and (...)

10 février 2012

Biz Buzz: First Place Vlogs-Visit Baltimore

Location: Baltimore Number of Employees: 400 What they do: It is mid-January and the Ravens are playoff-bound. Naturally, a video of Ravens coach John Harbaugh hawking Baltimore’s family-friendly attractions at Port Discovery and the National Aquarium is center stage on (...)

10 février 2012

Biz Buzz: First Place Business Twitter-Under Armour

Location: Baltimore Number of Followers: 64,145 What they do: Under Armour doesn’t do wordy. Within the first few seconds of its ads, the Baltimore sports apparel company wants you to know everything about its brand and what it represents: “We must protect this house.” Five (...)

10 février 2012

TechStars Boston: Good for startups at any stage (even ones with $)

Preston Austin, co-founder of online music selling startup Murfie, said he was initially unsure about whether to apply to the TechStars Boston accelerator program — and not just because it would mean being away from his home base of Madison, Wisc. As a startup that was already generating (...)

10 février 2012

Google works on wireless home-entertainment system

Google Inc. is tuning up a home-entertainment system that would wirelessly stream music and be sold under its brand, The Wall Street Journal reports. The report, citing people briefed on Google’s plans, says the Android device would mark the first time the tech giant designed and marketed (...)

10 février 2012

Apple to unveil iPad 3 at March event?

Sources familiar with Apple Inc.'s plans said the company will launch its new iPad 3 the first week of March at one of its trademark special events, All Things D reports. The event is expected to be held in San Francisco at the Yerba Buena Center for the Arts. Sources said the device will be (...)

10 février 2012

Tesla unveils gull-wing Model X SUV

Tesla Motors Inc. CEO Elon Musk unveiled his electric car company's third vehicle Thursday night —a sport-utility vehicle with "gull-wing" doors that he plans to start selling next year. The vehicle is the second that Tesla (NASDAQ:TSLA) plans to assemble at the Fremont factory where (...)

10 février 2012

Apple unveiling iPad 3 first week of March

Apple Inc. could roll out its iPad 3 uring the first week of March in one of its big special events in San Francisco. The AllThingsD new website cites sources who say there is no indication yet when customers will actually be able to get their hands on the new tablets. They are usually (...)

10 février 2012

Huawei growing its footprint in Santa Clara

Chinese tech giant Huawei grew by being a “fast follower,” John Roese, general manager of the company’s North American R&D division, told me when I visited its Santa Clara campus recently. The company, best known for making telecom equipment, looked at what its competitors (...)

10 février 2012

Silicon Valley's $1 CEO Club isn't hurting for cash

When high-profile politicians take a $1 salary, it’s often because they’re already worth millions, if not billions, of dollars, and they want to be seen as thrifty with others’ money. When CEOs take the same wage, it’s often for the same stated reasons — yet they (...)

10 février 2012

Networking calendar for week of Feburary 10

To submit networking meeting or event information, or to update these listings, email phoenixcalendars@bizjournals.com. MONDAYS Arizona International Growth Group, first Monday of the month, 7:30 a.m., SkySong, 1475 N. Scottsdale Road, Ste. 200, Scottsdale. $20. www.azigg.com. EcoMonday, first (...)

10 février 2012

Gamers give studio $1M for new work

An extraordinary thing happened Thursday in the history of business-consumer relations: Double Fine Productions, an established San Francisco gaming studio, received more than $1 million in contributions from nearly 26,850 people over an eight hour period to support development of a proposed (...)

10 février 2012

Cyanotech Corp. quarterly earnings soar to $1.1 million

Cyanotech Corp.’s profit for its fiscal third quarter was more than 100 times the net income the Hawaii-based nutraceutical manufacturer reported the year before. Cyanotech (Nasdaq: CYAN), based in Kailua-Kona on Hawaii’s Big Island, reported on Thursday net income of $1.1 million, (...)

10 février 2012

Delta CEO prefers stability over flash in airplane fleet

Richard Anderson, CEO of the world’s biggest airline in terms of fleet size, is more focused on reliable aircraft performance than fuel economy, and more on flight frequency than aircraft size. During a visit to Seattle this week to lecture on leadership at the University of Washington (...)

10 février 2012

Delta CEO prefers stability over flash in aircraft fleet

Richard Anderson, CEO of the world’s biggest airline in terms of fleet size, is more focused on reliable aircraft performance than fuel economy, and more on flight frequency than aircraft size. During a visit to Seattle this week to lecture on leadership at the University of Washington (...)

9 février 2012

Move names Netflix's John Robison as CTO

Move Inc. said Thursday it has named John Robison as chief technology officer, effective Feb. 13. The Campbell-based company (NASDAQ:MOVE) specializes in online real estate. Robison is expected to report to CEO Steve Berkowitz and will be based at Move's corporate headquarters in Campbell in (...)

9 février 2012

Symphony Services, Teleca to merge

Software innovation company Symphony Service Corp. and Teleca said Thursday they are planning to merge to create Symphony Teleca Corp. Teleca supplies software and engineering services to the mobile and connected devices industries. The combined company is expected to focus on "helping clients (...)

9 février 2012

Cel-Sci looks for more funding

Vienna-based Cel-Sci Corp., with final-stage clinical trials for its lead cancer drug underway, says it intends to find partners or other sources of funding to continue operations this year. Cel-Sci posted a net loss of $4.2 million, or 2 cents per share, in its fiscal first quarter, compared (...)

9 février 2012

LinkedIn promotes Kevin Scott to SVP of engineering

LinkedIn Corp. said Thursday it has promoted Kevin Scott to senior vice president of engineering. The Mountain View-based professional networking company (NYSE:LNKD) said Scott is expected to report to CEO Jeff Weiner in his expanded role. Scott has been with the company since February 2011 as (...)

9 février 2012

ThermoGenesis posts Q2 loss

ThermoGenesis Corp. lost $2.5 million on revenue of $9.6 million in the six months ended Dec. 31, compared to a loss of $554,000 on revenue of $12.9 million during the same period the year earlier. In the company’s second quarter, it lost $1.3 million on revenue of $4.8 million compared (...)

9 février 2012

LinkedIn posts 30% jump in earnings

LinkedIn Corp. posted a 30 percent jump in earnings to $6.9 million, or 6 cents a share, on revenue that more than doubled to $167.7 million in the fourth quarter. The Mountain View online professional network said its adjusted profit was 12 cents a share. The results topped Wall Street (...)

9 février 2012

Antitrust lawsuit against Intel terminated

Intel Corp. said Thursday that the New York attorney general has terminated a lawsuit alleging violation of U.S. and state antitrust laws. The lawsuit was filed by the New York Attorney General in November 2009. According to a prepared statement from Intel: "The agreement, which follows a (...)

9 février 2012

SED International Q2 profit up to $3.8M

SED International Holdings Inc. (AMEX: SED) The Tucker, Ga.-based supply chain management provider and distributor of computer technology, consumer electronics, small appliances and cellular products saw a big surge in second-quarter profit. Sales: $150.9 million, down 3.8 percentNet Income: (...)

9 février 2012

FBI file on Steve Jobs includes drug use, distorted reality

The U.S. Federal Bureau of Investigation on Thursday released a file on the late Apple Inc. co-founder Steve Jobs that includes accounts of interviews with associates who said he was known for distorting the truth and had a history of drug use. Although hardly secrets to anybody who has read (...)

9 février 2012

DirecTV now selling TiVo HD recorders, as TiVo shifts focus

DirecTV Inc. is now selling the newest HD digital video recorders from TiVo Inc. through a type of arrangement that is quickly becoming an important part of TiVo’s business model. El Segundo-based DirecTV (NASDAQ: DTV) and Alviso-based TiVo (NASDAQ: TIVO) have long been wary rivals who do (...)

9 février 2012

Integra Telecom names new CFO

Integra Telecom Inc. on Thursday said Jesse Selnick has been named the company’s new chief financial officer. Selnick joins the Portland-based business telecommunication services company from the Blackstone Group L.P., where he was a managing director of the New York-based investment (...)

9 février 2012

Dunavant Logistics earns security certification

Dunavant Global Logistics Group LLC has gained a security certification that could help it move products faster for customers. The Memphis-based global logistics firm has been certified as a member of the U.S. Customs-Trade Partnership Against Terrorism (C-TPAT) program. The certification is (...)

9 février 2012

Could the Triad's data center aptitude mean more jobs?

A site selection firm says the Triad’s a prime spot to build a data center, and that could mean more jobs in the future. “This is the next big generator of high-paying jobs: the data security industry,” said John Boyd Jr., a principal with Princeton, N.J.-based site selection (...)

9 février 2012

Apple seen unveiling iPad 3 first week of March

Apple Inc. is reportedly getting set to roll out its iPad 3 in the first week of March in one of its big special events in San Francisco. AllThingsD cites unnamed sources who say there is no indication yet when customers will actually be able to get their hands on the new tablets. They are (...)

9 février 2012

DirecTV now selling TiVo HD recorders, as TiVo shifts focus

DirecTV Inc. is now selling the newest HD digital video recorders from TiVo Inc. through a type of arrangement that is quickly becoming an important part of TiVo’s business model. El Segundo-based DirecTV (NASDAQ: DTV) and Alviso-based TiVo (NASDAQ: TIVO) have long been wary rivals who do (...)

9 février 2012

St. Charles Convention Center swings to a profit in 2011

Global Spectrum, manager of the St. Charles Convention Center, said today that the convention center’s net profit of $173,858 on revenue of $5.6 million during 2011 was an all-time high since it opened the venue in 2005, and it was the second year since then that it has made a profit. The (...)

9 février 2012

Valence revenue drops in Q3

Valence Technology Inc. reported a $2.5 million third-quarter loss on $8.5 million in revenue compared with a $2 million loss on $13.8 million in revenue during the same three-month period last year. Officials at the Austin-based company (Nasdaq: VLNC) are projecting a fourth-quarter revenue of (...)

9 février 2012

A Child's Place gets Verizon grant

A Child’s Place at Mercy, Allegheny County’s Child Advocacy Center, has received a $15,000 grant from the Verizon Foundation to provide training, professional development and other opportunities for child advocates with videoconferencing equipment. Child’s Place is part of the (...)

9 février 2012

Dell preps Santa Clara campus expansion

Dell Inc. is gearing up to move into a second building at its Santa Clara site. Tenant improvements are being performed on the bottom two floors at 5450 Great America Parkway, and Dell plans to move workers in that space in July, according to Dell spokesman Jess Blackburn. The top two floors of (...)

9 février 2012

Creation Technologies takes space for 120 in Milpitas

Creation Technologies Inc. is expanding its footprint in Silicon Valley with the signing of a lease for a research & development building in Milpitas. The Canadian electronics contract manufacturer will be moving into a 79,085-square-foot, one-story building on 1855 Barber Lane by June, (...)

9 février 2012

Slideshow: Inside the walls of Facebook's new HQ

Facebook Inc. has moved into its new corporate headquarters in Menlo Park, which boasts colorful, collaborative work spaces, funky furniture, cafeterias with free food and local art. The social networking company, led by CEO Mark Zuckerberg, has about 2,000 employees at the campus now. Facebook (...)

9 février 2012

SLIDESHOW: Top stock ownership by Congressional members

Stock ownership and possible insider trading by members of Congress has come under scrutiny lately and prompted bipartisan calls — including from the White House — for new restrictions and rules related to financial holdings. The U.S. House of Representatives voted on Thursday (...)

9 février 2012

Organic golf course testing Arctic's new weed technology

Arctic Inc.'s new frost-based weed control technology will be tested by the Vineyard Golf Club in Martha's Vineyard, Mass., one of the only organic courses in the U.S., according to an announcement from the firm. Arctic, which is based in Winston-Salem, developed its Frostbite Weed Control (...)

9 février 2012

Downie rises to director at Amherst Systems

Northrop Grumman Corp. has appointed Joseph Downie as site director of the company’s Amherst Systems business unit. The appointment is effective immediately. The security and defense company said Downie will have executive responsibility for all Amherst Systems programs in addition to (...)

9 février 2012

Apple's iPad 3 said coming in March

The Blogosphere is abuzz with this big news: iPad 3 will be rolled out the first week of March. The rollout reportedly will happen at an Apple event in San Francisco. It's not really clear yet wither Apple Inc. (Nasdaq: AAPL) has actually decided to call its next-gen tablet the iPad 3. Whatever (...)

9 février 2012

TechColumbus/Columbus2020 program helps device maker win OhioHealth contract

Maybe they should call it “First Big Customer.” Medical device startup Linebacker Inc., a tenant in the TechColumbus incubator, has landed a three-year purchase agreement with OhioHealth Corp. after guidance from the First Customer initiative of TechColumbus and Columbus2020 – (...)

9 février 2012

Groupon shows loss in first quarter as a public company

Groupon reported a loss of nearly $10 million in its first quarterly earnings statement as a public company, The New York Times reports. The online deals site (Nasdaq: GRPN) had a net loss of $9.8 million, or 2 cents a share, for the fourth quarter, compared with a loss of $185 million for the (...)

9 février 2012

Harris Corp. awarded $11 million Air Force contract

Harris Corp. was awarded an $11 million, multi-year follow-on contract for warhead replacement tactical telemetry modules by the U.S. Air Force for Tyndall Air Force Base in Florida. The contract brings the overall value of the Harris' program to $181 million since 1991. The warhead replacement (...)

9 février 2012

Oracle to buy Taleo for $1.9B

Oracle Corp. has agreed to buy Taleo Corp. for approximately $1.9 billion, net of Taleo's cash and debt. Oracle (NASDAQ: ORCL) will pay $46 per share for Dublin-based Taleo (NASDAQ: TLEO), a maker of cloud-based human resources software. Taleo's board of directors has approved the deal, which (...)

9 février 2012

Apple's Sunnyvale plans go beyond Town Center

Apple Inc.'s Sunnyvale land grab is apparently bigger than the move announced Wednesday into a 156,000-square-foot office building in the Sunnyvale Town Center. It even goes beyond the recently announced five-year lease for 224,000 square feet in the Sunnyvale Research Center on East Arques (...)

9 février 2012

How Research in Motion compares to Apple

Everybody knows that Blackberry maker Research in Motion, once the talk of the smartphone world, has faced plenty of challenges lately. But a new article at Seeking Alpha puts the company's struggles in perspective by showing how RIM financial metrics compare to those at Apple Inc., whose (...)

9 février 2012

Cox opening new supply chain center in Phoenix

Cox Communications (NYSE: COX) is opening four new supply chain warehouses focusedon repair and distribution of cable boxes and other equipment. One of the new supply chain centers will be in Phoenix while others will be located in the Virgiina Beach area, Baton Rouge, La.. and Wichita, Kans.. (...)

9 février 2012

Greatbatch unit to work with California firm

An arm of Greatbatch Inc. has signed a sales distribution agreement with a medical instruments manufacturer in California. Executives announced this week that Greatbatch Medical will partner with ECA Medical Instruments to sell and distribute orthopedic surgical instrumentation in the United (...)

9 février 2012

Groupon not profitable in first quarter after going public

Groupon Inc. fell short of profitability in the fourth quarter of 2011, defying Wall Street expectations that the daily deal company would post modest earnings in its first quarterly report since going public.

9 février 2012

ON Semiconductor posts record revenue

On Semiconductor Corp. posted record revenue in 2011, but the company saw only a slight profit for the year and a loss for the fourth quarter as it integrated its purchase of Sanyo’s semiconductor unit. The Phoenix-based semiconductor firm reported a loss of $8.8 million, or 2 cents per (...)

9 février 2012

Shares in Apple Inc. hit all-time high

Shares of Apple Inc. closed at an all-time high on Wednesday, rising $7.85 to close at $476.68 per share. Boosted by analysts' estimates, the Cupertino-based company (NASDAQ:AAPL), which operates six Apple Stores in the DFW area, continued the upward trend it has been on for the past (...)

9 février 2012

Recipe for IPO at Palo Alto Networks?

Combine an innovative founder, a former CEO of a large public company, and a finance guy who has already led one company through the process of going public, and Palo Alto Networks has a team lined up for an IPO. The Santa Clara-based company, which makes "next generation" firewalls that allow (...)

9 février 2012

Pioneer Square companies get a faster lane on the information superhighway

State-of-the-art tech companies that call Pioneer Square home finally have a broadband internet service to keep up with their needs. Comcast Business Class, a division of the giant consumer cable company, has completed installation of a broadband service for companies that love the ambiance of (...)

9 février 2012

ChemoCentryx IPO raises $45M, market debut Thursday

Biopharmaceutical company ChemoCentryx Inc. raised $45 million in an initial public offering on Wednesday, selling 4.5 million shares at $10 each. The Mountain View-based biopharmaceutical company amended its IPO terms on Tuesday from its previous target of $14 to $16 per share for 4 million (...)

9 février 2012

BioGenerator, Center for Emerging Technologies open third funding round

The BioGenerator and the Center for Emerging Technologies said today they opened a third application round for for the i6 Project, which provides early-stage funding to seed new businesses in the biosciences. The first two rounds of funding for the i6 Project resulted in the launch of eight new (...)

9 février 2012

Washington House votes to legalize same-sex marriage

Same-sex marriage is on its way to legal status in Washington state, with the state House of Representatives voting 55-43 to pass a gay-marriage bill on Wednesday, following earlier Senate approval. Gov. Chris Gregoire is expected to sign it into law within five days. “This is truly a (...)

9 février 2012

Samba Safety confirms Greg Miller's death

Samba Safety in Albuquerque released a statement on Wednesday confirming the death of the company’s former CEO, Greg Miller. “The management and employees of Samba Safety are shocked and saddened to learn of the tragic death of our founder and former CEO,” read the statement. (...)

9 février 2012

Profit slips at TW Telecom despite revenue rise

Fourth-quarter profits at TW Telecom Inc. declined despite a 8.2 percent revenue increase. The Douglas County-based business telecom on Wednesday reported earning $16.4 million, or 11 cents a share, on fourth-quarter revenue of $351.5 million. That’s a 6 percent drop in profits compared (...)

9 février 2012

C&D Technologies to keep Milwaukee plant, cut 120 jobs

C&D Technologies Inc. announced Wednesday that it will retain its factory in Milwaukee while moving some of its product lines to a plant in Reynosa, Mexico. The move will result in the loss of about 120 jobs at the Milwaukee plant, 900 E. Keefe Ave., in Milwaukee’s Riverwest neighborhood. (...)

8 février 2012

Berkeley Lab synchrotron like Star Wars or 1950s sci-fi

Reporters got a chance to spend most of the day yesterday at Lawrence Berkeley National Lab - getting a lesson on some of the climate science going on there and taking a tour of the Advanced Light Source, a synchrotron. What's that, you say?? Keep reading. The Advanced Light Source nestled high (...)

8 février 2012

Wait, no, Groupon not profitable yet

Groupon Inc. fell short of profitability in the fourth quarter of 2011, defying Wall Street expectations that the daily deal company would post modest earnings in its first quarterly report since going public. But LivingSocial's chief competitor did see a big jump in sales, recording $506.5 (...)

8 février 2012

Marketplace gives help to those managing inventory

For small businesses, few things can be more trying than keeping track of inventory. It's the stuff of ledgers and paper and tedious hours of recording. Marketplace, an app for the iPhone and iPad, seeks to streamline that process with a few features, but still leaves a bit of recording to be (...)

8 février 2012

Apple stock hits all-time high

Apple Inc.'s stock rose $7.85 on Wednesday to close at $476.68 per share — an all-time high. The Cupertino-based company (NASDAQ:AAPL) continued the upward trend it has been on for the past month, boosted by analyst estimates. The company has had a 52-week range of $310.50 to $476.79, and (...)

8 février 2012

Cisco profit soars 44%, shares jump

Cisco Systems Inc. posted a 44 percent jump in second-quarter profit to $2.2 billion, or 40 cents a share, sending its stock up in after-hours trading. Revenue rose to $11.5 billion from $10.4 billion a year ago. The San Jose networking giant's adjusted income was 47 cents a share, beating (...)

8 février 2012

Fandango expands partnership with AMC

Movie ticketing company Fandango and theater chain AMC Entertainment Inc. have expanded and extended their online ticketing partnership in a deal that will add 3,000 more movie screens to Fandango’s network. Fandango will now provide online ticketing to all AMC Theatres locations in the (...)

8 février 2012

Sprint's line is notably silent on failed AT&T/T-Mobile deal

Talk of a 4G network build-out and iPhone sales dominated Sprint Nextel Corp.’s Wednesday call with investors about fourth-quarter financial results. But a topic that previously dominated almost every time Sprint CEO Dan Hesse was in front of a microphone barely received a mention during (...)

8 février 2012

Tech firm to move 50 jobs to Schlitz Park in Milwaukee

Without naming the company, the owners of Schlitz Park in Milwaukee on Wednesday announced a technology firm will fill 18,000 square feet of office space in June. The company will bring 50 employees to the business park, located on the north bank of the Milwaukee River near downtown. Schlitz (...)

8 février 2012

AMC, Fandango go to the movies; rival isn't happy

AMC Entertainment Inc. said it has expanded an agreement with Fandango by which the online retailer will sell movie tickets to all of AMC’s more than 5,000 screens. Meanwhile, MovieTickets.com — a Fandango rival and an AMC joint venture — is suing Kansas City-based AMC, (...)

8 février 2012

Boeing launching new communications program with Singapore Airlines

The Boeing Co. on Wednesday announced that Singapore Airlines will be the launch customer for Boeing’s new Electronic Logbook, or ELB, software. The program, which was developed along with Ultramain Systems Inc., is designed to provide better flight data and improve communication between (...)

8 février 2012

LBJ construction 12 percent done, on schedule

One year after starting construction on the LBJ Express project, developers have completed most of the design work and are about 12 percent done with construction. The LBJ Infrastructure Group LLC, the consortium building the project, began work on the $2.7 billion, 17-mile project in January (...)

8 février 2012

Brewer buys own book from Amazon.com as state looks to collect sales taxes

It’s not exactly robbing Peter to pay Paul, but Amazon.com may feel a little confused by the messages it’s getting from Gov. Jan Brewer and the Arizona state government. Could it be a case of finger-wagging in both directions? The state of Arizona has sent Seattle-based Amazon.com a (...)

8 février 2012

Bend Research enters licensing deal with Eli Lilly

Bend Research Inc. said Wednesday it has entered into a licensing agreement with drug-maker Eli Lilly and Company. The deal calls for Bend Research, which employs more than 240 people, to make its proprietary spray-dried dispersion technology available to Lilly. Lilly formulators and scientists (...)

8 février 2012

Are Cisco investors too optimistic?

Investors have bought into networking company Cisco Systems’ recent turnaround efforts, with the stock having climbed to close to its highest levels in a year. But the firm, which employs 4,800 people in the Triangle, has a habit of disappointing shareholders on earnings day. Click here (...)

8 février 2012

Camden Partners leads $8M funding round of Prolexic Technologies

Baltimore private equity firm Camden Partners has led an $8 million funding round for Prolexic Technologies. As part of the Series B round of funding, Jason Tagler of Camden Partners will join the Internet security provider’s board of directors. Hollywood, Fla.-based Prolexic plans to use (...)

8 février 2012

Home Depot testing PayPal in S.F. Bay Area

PayPal has set up checkout systems at every The Home Depot Inc. outlet in the San Francisco Bay Area in a first test of its plans to go beyond online payments. The system allows customers with a PayPal account to pay by typing their mobile phone numbers and a security code into an existing (...)

8 février 2012

GameStop offers first quarterly dividend

GameStop Corp. (NYSE: GME) is offering its first quarterly dividend of 15 cents a share. The Gapevine-based company will pay the first quarterly dividend March 21 to shareholders as of Feb. 21. GameStop said it in now debt free. Shares of GameStop were trading at $24.67 at 10:25 a.m. CT, up (...)

8 février 2012