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The Best of U.S. Company Tech News - Updated Daily

Thursday, July 5, 2012

  • Posted at 1:52 PM
    Seagate Technology plc (NASDAQ:STX) today announced selected preliminary financial results for its fourth fiscal quarter of 2012, which ended on June 29, 2012. Seagate expects to report record revenue of approximately $4.5 billion and non-GAAP gross margin of 33.6%. ... read more
  • Posted at 1:45 PM
    Transcept Pharmaceuticals, Inc. (Nasdaq: TSPT), a specialty pharmaceutical company focused on the development and commercialization of proprietary products that address important therapeutic needs in the field of neuroscience, announced today that Transcept management is scheduled to present at the JMP Securities Healthcare Conference in New York on July 12, 2012 at 4:00 p.m. ET. A live audio webcast and replay of this presentation may be accessed at and on the Transcept Investor webpage at About Transcept Pharmaceuticals Transcept Pharmaceuticals, Inc. is ... read more
  • Posted at 1:39 PM
    Verizon continues to gain ground in restoring services to its wireline customers following the highly destructive June 29 Mid-Atlantic derecho. "Incoming repair reports are trending downward, and the number of repairs we're now completing each day is more than the number of new repair reports we're receiving," said Chris Childs, Verizon's Potomac region president of consumer and mass-business markets. "There's certainly more work to be done, but our technicians made great headway on the Fourth of July, and we ... read more
  • Posted at 1:35 PM
    Globili, a Cincinnati international mobile translate technology startup located in the city's Over-the-Rhine historic district, today launches its cloud-based international mobile communication service as the city celebrates Independence Day and day one of the 2012 World Choir Games. “It’s ... read more
  • Posted at 1:30 PM
    LIONVILLE, PA -- (Marketwire) -- 07/05/12 -- West Pharmaceutical Services, Inc. (NYSE: WST) ("West") today announced that it has completed a private placement of $168 million senior unsecured notes (the "Notes") in a private placement exempt from registration under the Securities Act of 1933, as amended. Three series of Notes were issued as follows: Series, coupon, maturity ... read more
  • DealerSocket Participates in Charity Golf Tournament --- SAN CLEMENTE, Calif., July 5, 2012
    Posted at 1:30 PM
    DealerSocket, a leading auto dealer CRM company based in San Clemente, CA, participated in the 5th Annual Celebrity Skins Golf Tournament--The Fred Water Helicopter Ball Drop, held June 26, 2012, at the Trump National Golf Course in Palos Verdes, CA. DealerSocket sponsored one of eighteen available holes. "We are honored to have participated in this incredible event," stated Jonathan Ord, DealerSocket co-founder and CEO. "The Sheckler Foundation does phenomenal charity work, and they put together a fun day to support their ... read more
  • Posted at 1:15 PM
    FREMONT, CA -- (Marketwire) -- 07/05/12 -- Lam Research Corporation (NASDAQ: LRCX) announced today that the company will host its quarterly financial conference call and webcast on Wednesday, July 25, beginning at 2:00 p.m. Pacific Time. Webcast To access the webcast, visit the Investors section of Lam's web site at and click on the Calendar/Webcasts section to view the details. Replay Information A webcast replay will be available on the Lam Research web site for 90 days after the ... read more
  • Posted at 1:15 PM
    Broadcom Corporation (NASDAQ: BRCM) and Emulex Corporation (NYSE: ELX) today announced that the companies have entered into a partial settlement and worldwide patent license agreement relating to the patent litigation in the U.S. Federal District Court in Santa Ana, California. The agreement will result in the dismissal of certain of Broadcom's infringement claims against Emulex. Emulex also receives a license to Broadcom U.S. Patents Nos. 7,471,691; 7,058,150; 6,424,194 and related families for certain fields of use including Fibre ... read more
  • Posted at 1:10 PM
    FREMONT, CA -- (Marketwire) -- 07/05/12 -- Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, today announced that its second quarter fiscal year 2012 financial results conference call and webcast is scheduled for Thursday, July 26, 2012 at 1:30 p.m. Pacific Time. The call will be hosted by Omid Tahernia, president and CEO, and Dennis Bencala, CFO and vice president of finance. To listen to the call, please ... read more
  • Posted at 1:08 PM
    The following is a statement by the American Small Business League: United Technologies Corporation (UTC), a Fortune 500 company which owns numerous large defense contractors including Pratt & Whitney, Hamilton Sundstrand and Sikorsky Aircraft, was fined $75 million last week after ... read more
  • Posted at 1:08 PM
    The all-new Mazda CX-5 has seen a great deal of success in the short time it has been on the market, so much so Mazda has decided to increase the vehicle's production from 200,000 annual units to 240,000 annual units. Blue Ridge Mazda, a trusted Mazda dealer in Lee's Summit, MO, has the high-demand Mazda CX-5 in stock at its dealership. (Photo: With the increase in CX-5 production, Mazda plans to employ Japanese production facilities, Ujina Plant No.1 and No. 2, ... read more
  • Posted at 1:08 PM
    Subheadline of release should read: McAfee Releases Free Tools that Help Consumers Identify the Risk of DNS Malware and Modify Their DNS settings (sted McAfee First to Release Free Tools that Help Consumers Identify the Risk of DNS Malware and Modify Their DNS settings). ... read more
  • Posted at 1:05 PM (NYSE: CRM), the enterprise cloud computing company, today announced that John Wookey, Executive Vice President, Social Applications, will participate in an investor bus tour hosted by Stifel Nicolaus & Co. on Monday, July 9, 2012 at 3:00pm (PT) / 6:00pm (ET) in San Francisco, CA. (Logo: An audiocast of Mr. Wookey's presentation will be available on's website at About With more than 100,000 customers, is the enterprise cloud computing company that is leading the shift to the social ... read more
  • Posted at 1:05 PM
    Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it was awarded a prime contract by the U.S. Army/Research Development and Engineering Command Intelligence and Information Warfare Directorate to provide Vigilant Pursuit (VP) system design, production, testing, delivery, spares, new equipment training and field service representative services in support of the U.S. Army Multi-functional Teams (MfT). The single-award firm-fixed price (FFP) contract has a one-year period of performance and a contract value of approximately $37 million. Work will ... read more
  • Posted at 1:05 PM
    Watson Pharmaceuticals, Inc. (NYSE: WPI), a leading specialty pharmaceutical company, announced today that the Company intends to release its second quarter 2012 financial results on Thursday, July 26, 2012 prior to the open of the U.S. financial markets. The Company will host a conference call and webcast at 8:30 a.m. Eastern Time on July 26, 2012 to discuss its financial results and provide an update on the Company's outlook for 2012. The dial-in number to access the call ... read more
  • Amgen Completes Acquisition of KAI Pharmaceuticals --- THOUSAND OAKS, Calif., July 5, 2012
    Posted at 1:05 PM
    Amgen (NASDAQ: AMGN) today announced the completion of the acquisition of KAI Pharmaceuticals, a privately held company based in South San Francisco. The acquisition was initially announced April 10, 2012 and includes KAI's lead product candidate KAI-4169, which is a novel agent being studied initially for the treatment of secondary hyperparathyroidism in patients with chronic kidney disease who are on dialysis. KAI has previously reported compelling Phase 2a clinical results for KAI-4169 in this indication. KAI-4169 is administered intravenously ... read more
  • Posted at 1:05 PM
    Freescale Semiconductor, Ltd. (NYSE:FSL) will announce its second quarter 2012 financial results in a press release at 3:00 p.m. CDT, Thursday, July 19, 2012. The press release will be posted at The company will conduct a live Webcast of its conference call with ... read more
  • Posted at 1:05 PM
    Constant Contact®, Inc. (Nasdaq: CTCT), which helps more than half a million small organizations connect with their customers through a suite of online engagement marketing tools, today announced that it will release its second quarter 2012 financial results for the period ended June 30, ... read more
  • Posted at 1:05 PM
    Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that it has entered into a $750 million senior credit facility. The agreement consists of a $550 million senior secured revolving credit facility and a $200 million senior secured term loan ... read more
  • Posted at 1:01 PM
    Biogen Idec Inc. (NASDAQ:BIIB) today announced it will report second quarter 2012 financial results on Tuesday, July 24, 2012, before the financial markets open. Following the release of the financials, the Company will host a live webcast where Biogen ... read more