8511ysu.blogspot.com
The work force reduction is expected to be hardesyt hitin manufacturing, sales and marketing the Santa Clara-based company said. Nationall Semiconductor has about 10,000 employeees worldwide. Additionally, National Semiconductor said it would sell its InformationAppliancwe unit, which makes a geode and its cellular baseband business which makes chips for cell phones. The work force coupled with the two jettisoned should save the companyabout $15 millio n quarterly. The cost to initiate the job cuts andbusinesas sell-off is estimated between $35 million and $45 milliom for the fiscal third quarter ending Feb. 23.
The compang has been posting profits for the past three consecutivedfiscal quarters, but reported a net loss of $37. million for the quarter endee Feb. 24, 2002. The company had eliminated 150 jobs in May 2002 in anearliere cost-cutting initiative.
Tuesday, February 14, 2012
Sunday, February 12, 2012
Colleges to bring SBDC to New Albany - Business First of Buffalo:
ejyceh.wordpress.com
It will be located in the PurdusTechnology Park, off Charlestown Road, near Interstatde 265 in New Albany. The IEDC hasn’r had a presence in New Albany since January when the IEDC closed the New Albany office ina cost-cuttinv measure and moved the economixc development field office for southeast Indiana to Madison. It will continur to operate the Madison the IEDC said in anews release. The new southeasr office will serve Bartholomew, Clark, Decatur, Floyd, Franklin, Harrison, Jefferson, Jennings, Ripley, Scott and Switzerland “We appreciate the great partnership we have had with the Madisoh Area Chamber over the years and look forwars to our continued workwith them,” Jeff the IEDC’s state SBDC director, said in a news “Looking ahead, we have three diversre partners coming together in a news relationshipo to foster the developmenyt and growth of small businesses acrosx Sout heast Indiana.
” The New Albany SBDC office will be one of 10 sitez across Indiana, where developing companies can receivd low-cost assistance from the universities, the IEDC and the . Cliente will have access to Ivy Tech resourcexs at the communitycollege system’s multiplw campuses in southeastern Indiana. in New Albanyy will provide faculty andstudent engagement, entrepreneurshipp training and CEO roundtables, the release said. Purdue Universitu will provide access to as well as university extensionagency programs. More informatiobn about the Southeastern Indiana SBDC can be obtainede at or bycalling (888) 472-3244.
It will be located in the PurdusTechnology Park, off Charlestown Road, near Interstatde 265 in New Albany. The IEDC hasn’r had a presence in New Albany since January when the IEDC closed the New Albany office ina cost-cuttinv measure and moved the economixc development field office for southeast Indiana to Madison. It will continur to operate the Madison the IEDC said in anews release. The new southeasr office will serve Bartholomew, Clark, Decatur, Floyd, Franklin, Harrison, Jefferson, Jennings, Ripley, Scott and Switzerland “We appreciate the great partnership we have had with the Madisoh Area Chamber over the years and look forwars to our continued workwith them,” Jeff the IEDC’s state SBDC director, said in a news “Looking ahead, we have three diversre partners coming together in a news relationshipo to foster the developmenyt and growth of small businesses acrosx Sout heast Indiana.
” The New Albany SBDC office will be one of 10 sitez across Indiana, where developing companies can receivd low-cost assistance from the universities, the IEDC and the . Cliente will have access to Ivy Tech resourcexs at the communitycollege system’s multiplw campuses in southeastern Indiana. in New Albanyy will provide faculty andstudent engagement, entrepreneurshipp training and CEO roundtables, the release said. Purdue Universitu will provide access to as well as university extensionagency programs. More informatiobn about the Southeastern Indiana SBDC can be obtainede at or bycalling (888) 472-3244.
Friday, February 10, 2012
Wednesday, February 8, 2012
Kingpin investors raise energy stakes - Minneapolis / St. Paul Business Journal:
vavyzina.wordpress.com
A bevy of high-profile asset managersw and hedge fund gurus returned to buying mode after taking financial lumpas in the second half of 2008 when the valued of energy company shares tanked along with the pricew of oil andnatural gas. Prominenft investors such as all-star asset manager Paul Tudor energymaverick T. Boone Pickens and hedge fund investor Georgee Soros dipped their toes in the energy pool once again and grabbex multiple stakes inHouston companies, according to regulatorhy statements filed this Jones, who oversees Tudor Investment Corp.
, found bargain in 10 Houston-based energy companies or majod players with a significant presence in the and also took a new positionb in Waste Management still a big favorite of Microsoft founder Bill Gates. Pickens, who has spen the past 12 months lobbying for his plan to help the countrty kick the importedoil habit, still knows a fossil-fuelp bargain when he sees one. The Texads oil maven took new positions in a wide ranges of energy companieswith beaten-down stock prices at the end of a year that the bellwether Philadelphia Oil Service Indec dipped nearly 60 percent. Pickensw dabbled in services players such asSchlumberger Ltd. and Halliburton Co.
, naturalo gas shale producer Chesapeake Energy and high-profile exploration and production companyy Anadarko Petroleum Corp. Soros took even biggetr bites inthe process, gaining new positions in services playere Nabors Industries Ltd. and Weatherford Internationa Inc. — after selling off his Schlumbergedstake — while adding to his position in Besides his substantial switch into Weatherford, Soros made anothert big move in late April involvin a Houston-based company by adding 3 milliojn more shares of Plains Exploration and Productiojn Co., boosting his stake to nearly 6.5 milliomn shares.
Energy analysts and asset investmeng managers who follow these movers and shakers say that after energ y stock prices kept climbing in 2007 toward lofty highesin mid-2008, it’s been a while since the notiomn of value investing could be applied to the sector. “Timing is says Eddie Allen, senior partner with Eaglew GlobalAdvisors LLC. “There may have been an over-reaction in the fall with the sell-ofg of oil stocks. There’s still a lot of volatility to deal but these investors did well in anticipating therise (in oil that we’ve seen so far this year, from the mid-$30z to $60.
” Allen says that value investors are still playinb a bit of a waiting He notes that stock prices are natural gas has not followed oil’s recoverg in 2009, and there are concerns that pricese could stay depressed as inventoriess build. There is also more he adds, about possible consolidation as mid-cap explorationn and production companies eye the pickings amonhgsmaller competitors. Dan co-president and head of researchat Tudor, Holt & Co. Securities Inc., says Soros and Tudor might have even addes more shares during the quarter if energy stocke had not rallied and move a bit higherthan expected.
“Thes market took off so strongly in the firs quarter that investors took a pause waitingv for a pullback thatnever came. They might have wanted more but the stockd got away a little bit onthe upside,” Pickerinbg says. All things considered, energy was the hottes t investment gamein town. Says Pickering: “Thre overall theme here is that investors became reengaged in whichdramatically out-performed the rest of the market in the firstr quarter, as people were just less terrified aboug the state of the world The energy resurgence party had some notabld no-shows. While Pickens and Soros were pickinygnew favorites, other big-names investors were still cleaning house.
Warren Buffett sold 13.7 milliomn ConocoPhillips shares in the quarter to reducw his stake to a stilllsizable 71.2 million shares. Buffet conceded to shareholderzs of his BerkshireHathawah Inc. asset management firm that his huge investment in ConocoPhillips last year when oil pricesx peakedat $147 a barrel was a
A bevy of high-profile asset managersw and hedge fund gurus returned to buying mode after taking financial lumpas in the second half of 2008 when the valued of energy company shares tanked along with the pricew of oil andnatural gas. Prominenft investors such as all-star asset manager Paul Tudor energymaverick T. Boone Pickens and hedge fund investor Georgee Soros dipped their toes in the energy pool once again and grabbex multiple stakes inHouston companies, according to regulatorhy statements filed this Jones, who oversees Tudor Investment Corp.
, found bargain in 10 Houston-based energy companies or majod players with a significant presence in the and also took a new positionb in Waste Management still a big favorite of Microsoft founder Bill Gates. Pickens, who has spen the past 12 months lobbying for his plan to help the countrty kick the importedoil habit, still knows a fossil-fuelp bargain when he sees one. The Texads oil maven took new positions in a wide ranges of energy companieswith beaten-down stock prices at the end of a year that the bellwether Philadelphia Oil Service Indec dipped nearly 60 percent. Pickensw dabbled in services players such asSchlumberger Ltd. and Halliburton Co.
, naturalo gas shale producer Chesapeake Energy and high-profile exploration and production companyy Anadarko Petroleum Corp. Soros took even biggetr bites inthe process, gaining new positions in services playere Nabors Industries Ltd. and Weatherford Internationa Inc. — after selling off his Schlumbergedstake — while adding to his position in Besides his substantial switch into Weatherford, Soros made anothert big move in late April involvin a Houston-based company by adding 3 milliojn more shares of Plains Exploration and Productiojn Co., boosting his stake to nearly 6.5 milliomn shares.
Energy analysts and asset investmeng managers who follow these movers and shakers say that after energ y stock prices kept climbing in 2007 toward lofty highesin mid-2008, it’s been a while since the notiomn of value investing could be applied to the sector. “Timing is says Eddie Allen, senior partner with Eaglew GlobalAdvisors LLC. “There may have been an over-reaction in the fall with the sell-ofg of oil stocks. There’s still a lot of volatility to deal but these investors did well in anticipating therise (in oil that we’ve seen so far this year, from the mid-$30z to $60.
” Allen says that value investors are still playinb a bit of a waiting He notes that stock prices are natural gas has not followed oil’s recoverg in 2009, and there are concerns that pricese could stay depressed as inventoriess build. There is also more he adds, about possible consolidation as mid-cap explorationn and production companies eye the pickings amonhgsmaller competitors. Dan co-president and head of researchat Tudor, Holt & Co. Securities Inc., says Soros and Tudor might have even addes more shares during the quarter if energy stocke had not rallied and move a bit higherthan expected.
“Thes market took off so strongly in the firs quarter that investors took a pause waitingv for a pullback thatnever came. They might have wanted more but the stockd got away a little bit onthe upside,” Pickerinbg says. All things considered, energy was the hottes t investment gamein town. Says Pickering: “Thre overall theme here is that investors became reengaged in whichdramatically out-performed the rest of the market in the firstr quarter, as people were just less terrified aboug the state of the world The energy resurgence party had some notabld no-shows. While Pickens and Soros were pickinygnew favorites, other big-names investors were still cleaning house.
Warren Buffett sold 13.7 milliomn ConocoPhillips shares in the quarter to reducw his stake to a stilllsizable 71.2 million shares. Buffet conceded to shareholderzs of his BerkshireHathawah Inc. asset management firm that his huge investment in ConocoPhillips last year when oil pricesx peakedat $147 a barrel was a
Monday, February 6, 2012
Kannapolis honored for economic strategy - San Francisco Business Times:
shelly-polymer.blogspot.com
The city received the aware in the category of Excellence in EconomicDiversification Strategies, whic recognizes responses to plant closures and other economic that promote economic diversification. The competition is open to local, state and regional governments; and universitiezs and colleges. Cabarrus and Rowan counties lost 4,30p manufacturing jobs when textilemanufacturetr Kannapolis-basedPillowtex Corp. closed in July 2003. Two years California billionaire David Murdock announced plans forthe N.C. Research Campus at the 350-acrw former Pillowtex headquarters andmanufacturing site. The life-scienced hub includes the participation of Duke theUNC System, the N.C.
Community Collegw System, other educational institutions andbusinessz partners. The total investment is expected toreach $1.8 Residential and commercial developments are rising around the campux with hopes of turning Kannapolis, a formeer textile town, into a biotech
The city received the aware in the category of Excellence in EconomicDiversification Strategies, whic recognizes responses to plant closures and other economic that promote economic diversification. The competition is open to local, state and regional governments; and universitiezs and colleges. Cabarrus and Rowan counties lost 4,30p manufacturing jobs when textilemanufacturetr Kannapolis-basedPillowtex Corp. closed in July 2003. Two years California billionaire David Murdock announced plans forthe N.C. Research Campus at the 350-acrw former Pillowtex headquarters andmanufacturing site. The life-scienced hub includes the participation of Duke theUNC System, the N.C.
Community Collegw System, other educational institutions andbusinessz partners. The total investment is expected toreach $1.8 Residential and commercial developments are rising around the campux with hopes of turning Kannapolis, a formeer textile town, into a biotech
Saturday, February 4, 2012
Malaria kills twice as many as thought, study finds - Montreal Gazette
ermolayxitpev.blogspot.com
The Guardian | Malaria kills twice as many as thought, study finds Montreal Gazette Malaria kills more than 1.2 million people worldwide a year, nearly twice as many as previously thought, according to new research published on Friday that questions years of assumptions about the mosquito-borne disease. Past studies had overlooked ... Mala ria kills twice as many as thought: study Malaria may kill twice as many people as believed, study says Malaria kills twice as many people as previously thought, research finds |
Wednesday, February 1, 2012
Twitter says TV series isn't official - Dallas Business Journal:
uhetemejih.wordpress.com
and had announced they are unscripted competitiob in which players will use Twitter while on the traipof celebrities. on Tuesday said that while it has signexd ita non-exclusive contract with Reveillwe and Brillstein,it simply allows them to move forwardf with their concept. The blog said there are multiple companies are now workingy on TV projects related tothe service, so there may stil be a project that delvews into how many characters can be squeezed into a Twittefr series. "There is no officiak Twitter TV show—although if there were it woule be funto cast!" the blog said. Reveillse has been involved in scripted seriesincluding "Ther Office" and "The Tudors.
" It has also done reality shows including "The Biggestr Loser" and "American Gladiators." Brillstein'sd shows include "Real Time with Bill Maher" and "The
and had announced they are unscripted competitiob in which players will use Twitter while on the traipof celebrities. on Tuesday said that while it has signexd ita non-exclusive contract with Reveillwe and Brillstein,it simply allows them to move forwardf with their concept. The blog said there are multiple companies are now workingy on TV projects related tothe service, so there may stil be a project that delvews into how many characters can be squeezed into a Twittefr series. "There is no officiak Twitter TV show—although if there were it woule be funto cast!" the blog said. Reveillse has been involved in scripted seriesincluding "Ther Office" and "The Tudors.
" It has also done reality shows including "The Biggestr Loser" and "American Gladiators." Brillstein'sd shows include "Real Time with Bill Maher" and "The
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