Raytheon Company (NYSE: RTN) plans to open a Public Safety Regional Technology Center in Los Angeles County this summer and is in the final stages of selecting a specific location with about 25,000 square feet of space.
The Raytheon Public Safety RTC will serve as the focus of the company's civil communications business in the western United States, providing test and research facilities, training, a maintenance and logistics center, and customer and systems support. Up to 150 people will work there.
For ... read more
According to a recent report by IDC Government Insights, 25 percent
of government organizations will use cloud computing to improve their
data storage and management capabilities by the end of this year.
With an ever-increasing number of companies now buying computing,
storage, and networking power on-demand ... read more
Texas Instruments Incorporated (TI) (NYSE: TXN) today announced fourth-quarter revenue of $3.53 billion, net income of $942 million and earnings per share of 78 cents. Earnings per share included 14 cents from the combination of the gain on the sale of a product line and a tax benefit that was primarily associated with the reinstatement of the federal R&D tax credit.
"Our strong financial results for the fourth quarter reinforce our view that the inventory-driven downturn that started in the ... read more
As operators find ways to circumvent current barriers in AME's pay-TV market, subscriptions are expected to triple over the next five years, reaching 4 million. This represents an 11 percent CAGR in pay-TV subscriptions through 2015, the highest in the world, according to a new report from Pyramid Research (www.pyr.com).
New Market Dynamics Bode Well for Spike in Pay-TV Adoption analyzes the growth potential for pay-TV services in AME, highlighting the main obstacles to pay-TV adoption in the region and pointing ... read more
Nektar Therapeutics (Nasdaq: NKTR) today announced the completion of a public offering of 19,000,000 shares of its common stock. All of the shares were offered by Nektar Therapeutics. The net proceeds to Nektar Therapeutics from the sale of shares in the public offering, after deducting underwriting discounts and commissions, were $220.4 million.
In addition, Nektar Therapeutics has granted the underwriter an option, exercisable for 30 days after January 19, 2011, to purchase up to 2,850,000 additional shares of ... read more
a leading consulting firm specializing in IT infrastructure design,
planning and project management, today announced that its 2011 Technology
Convergence Conference will feature a panel discussion, titled East
Meets West, on data center efficiency.
... read more
DDC-I, a leading supplier of software and professional services for
mission- and safety-critical applications, and LDRA, a leading provider
of automated software verification, source code analysis and test tools,
today announced that they will host a complimentary seminar on DO-178B
and DO-178C safety-critical software development. The ... read more
Pharmasset, Inc. (Nasdaq: VRUS) announced today the underwriters of its recent underwritten public offering have exercised their option to purchase from Pharmasset an additional 495,000 shares of common stock. The net proceeds to Pharmasset after deducting the underwriting discount, from the sale of these additional shares are expected to be approximately $21.9 million. This brings the total expected net proceeds of the offering to Pharmasset, after deducting the underwriting discount and estimated offering expenses, to $123.4 million. Citi is ... read more
Integrated Silicon Solution, Inc. (Nasdaq: ISSI) today announced that it has signed a definitive agreement to acquire Si En Integration Holdings Limited ("Si En"), a privately held fabless provider of high performance analog and mixed signal integrated circuits headquartered in Xiamen, China. Si En targets the mobile communications, digital consumer, networking, and automotive markets with high quality analog products. For the year ended December 31, 2010, Si En had revenue of $22.2 million, gross margin of 42.5 percent, ... read more
KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, multilayer ceramic, solid aluminum, plastic film, paper and electrolytic capacitors, today announced that it will be presenting at the Stifel Nicolaus Technology, Communications & Internet Conference on February 9, 2011, in San Francisco, CA. The Investor Presentation will be broadcast and posted on the Company's website which can be accessed at http://www.kemet.com/ir. A replay of the broadcast will be available until Friday, March 11, 2011, through the same link.
Per ... read more
During 2010, new solar photovoltaic (PV) demand worldwide approached
10,000 MW, and is expected to grow by double digit percentages annually
for the foreseeable future, if production costs can be driven to
market-competitive levels. In response to interest in photovoltaics for
industrial and utility scale power, ... read more
Amgen (Nasdaq: AMGN) reported adjusted earnings per share (EPS) of $1.17 for the fourth quarter of 2010, an increase of 11 percent compared to $1.05 for the fourth quarter of 2009. Adjusted net income increased 4 percent to $1,103 million in the fourth quarter of 2010 compared to $1,065 million in the fourth quarter of 2009.
Full year 2010 adjusted EPS were $5.21 versus $4.91 in 2009, a 6 percent increase. Full year 2010 adjusted net income increased slightly ... read more
CDI Corp. (NYSE: CDI) will report its 2010 fourth quarter and full-year results on Tuesday, February 22, 2011, prior to the opening of the market.
Following the release, management will hold a conference call at 11:00 a.m. Eastern Time to discuss the company's results. The call can be accessed live, via the Internet, at www.cdicorp.com. A replay will be available for 14 days.
Headquartered in Philadelphia, CDI Corp. (NYSE: CDI) is a leading provider of engineering and information ... read more
Trimble (Nasdaq: TRMB) will hold a conference call on Feb. 3, 2011 at 1:30 p.m. PT to review its fourth quarter and fiscal 2010 results. The call will be broadcast live on the Web at http://investor.trimble.com. Investors without Internet access may dial into the call at (800) 528-9198 (U.S.) or (702) 928-6633 (international). The passcode is 39321697.
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications ... read more
Sanmina-SCI Corporation ("Sanmina-SCI" or the "Company") (Nasdaq: SANM), a leading global Electronics Manufacturing Services (EMS) company, today reported financial results for the first fiscal quarter ended January 1, 2011.
First Quarter Fiscal 2011 Highlights
-- Revenue of $1.66 billion
-- Non-GAAP operating margin of 4.2 percent
-- Non-GAAP diluted earnings per share of $0.45
-- GAAP operating margin of 3.7 percent
... read more
St. Jude Children's Research Hospital, the nation's leading pediatric research and treatment center devoted solely to children with cancer and other catastrophic diseases, thanks shoppers nationwide for their generosity during the holiday. Top brands such as Kmart, CVS/pharmacy, Dick's Sporting Goods, Williams-Sonoma, Inc., Sterling Jewelers Inc. and their loyal customers opened their hearts and purse strings during a questionable economic climate raising more than $3 million each during the Thanks and Giving campaign. The announcement was made today by ... read more
Belden Inc. (NYSE: BDC), a global leader in signal transmission solutions for mission critical applications, today indicated that it will participate in the Stifel Nicolaus Technology, Communications & Internet Conference in San Francisco. Gray Benoist, Senior Vice President and CFO of Belden, will present at 12:45 p.m. Eastern on February 9. This event is a "fireside chat" style presentation and a webcast will be available in the investor relations section of the Company's Web site at http://investor.belden.com. ... read more
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with China National Offshore Oil Corporation (CNOOC) for the manufacture and supply of subsea production equipment for the Liuhua 4-1 development project. The award has a value of approximately $85 million in revenue to FMC Technologies.
The Liuhua 4-1 development project will contain eight subsea trees and tie-back to the existing Liuhua 11-1 field. It is located in water depths between 850-1,000 feet (260-300 meters) in the South ... read more
Large numbers of middle-aged women worldwide could reduce their risk of developing cardiovascular disease (stroke, heart attack and heart failure) and its complications by lowering their blood pressure, researchers report in Hypertension: Journal of the American Heart Association.
Researchers found that high systolic blood pressure (the pressure when the heart contracts) is a powerful risk factor for cardiovascular complications in middle-aged and older women all over the world.
The proportion of potentially preventable and reversible heart disease is almost 36 percent ... read more
IBM (NYSE: IBM) today announced the Virtual Desktop for Smart Business, a new workforce mobility offering that provides anytime, anywhere access to personal desktops from mobile devices -- including tablets, netbooks, laptops and thin clients.
(Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO )
The IBM Virtual Desktop allows Windows or Linux desktops to be hosted and managed centrally, thus lowering the cost and complexity of managing PC environments through rapid deployment of new applications, automatic software updates and reducing the need for help desk requests. ... read more