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+1
Under Rated

Marvell profit beats street on revenue rise (Reuters)

GENERAL Thu Aug 28, 2008 @ 6:01pm neoform
news.yahoo.com -- 1 hour, 20 minutes ago SAN FRANCISCO (Reuters) - Diversified U.S. chipmaker Marvell Technology Group Ltd (MRVL.O) posted better-than-expected profit on Thursday as revenues grew strongly in the second quarter. The company reported second-quarter net in.. Read More
+1
Under Rated

Iona shareholders OK sale to Progress Software (AP)

M & A Thu Aug 28, 2008 @ 3:01pm neoform
biz.yahoo.com -- NEW YORK (AP) -- Shareholders of Irish infrastructure-software provider Iona Technologies PLC voted Thursday to approve the $162 million sale of the company to Progress Software Corp. The board and Institutional Shareholder Services, an advisory firm for.. Read More
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Under Rated

Adaptec to buy Aristos Logic for $41 million (AP)

M & A Thu Aug 28, 2008 @ 3:01pm neoform
biz.yahoo.com -- MILPITAS, Calif. (AP) -- Adaptec Inc., a maker of controllers for hard drives, Thursday said it had agreed to buy privately held Aristos Logic Corp., which makes a processor and software for storage applications, for $41 million in cash. The acquisition.. Read More
+1
Under Rated

Nebraska energy projects garner $2.3 million (AP)

ECONOMY Thu Aug 28, 2008 @ 12:01pm neoform
biz.yahoo.com -- OMAHA, Neb. (AP) -- U.S. agriculture officials say $35 million in grants and loans will go to renewable energy and efficiency projects and $2.3 million of that is coming to Nebraska. Wind turbines, geothermal systems, biomass corn stoves, and the convers.. Read More
+1
Under Rated

Hawaii governor releases funds for hospitals (AP)

ECONOMY Thu Aug 28, 2008 @ 12:00pm neoform
biz.yahoo.com -- HONOLULU (AP) -- Gov. Linda Lingle has released $12.7 million to help the financially troubled organization that governs Hawaii's 13 publicly subsided hospitals. The money includes an advance of Hawaii Health Systems Corp.'s second quarter allocation of.. Read More
+1
Under Rated

Deere & Co. to invest $180M in plant expansions (AP)

ECONOMY Thu Aug 28, 2008 @ 12:00pm neoform
biz.yahoo.com -- MOLINE, Ill. (AP) -- Deere & Co. said Thursday it will invest nearly $180 million in U.S. and Brazil plant expansions to meet rising global demand for its tractors and other farm machinery. The agricultural equipment maker said it will invest $97 million.. Read More
+1
Under Rated

Number of uninsured drops; poverty holds steady (AP)

ECONOMY Tue Aug 26, 2008 @ 6:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- The number of people without health insurance fell by more than 1 million in 2007, the first annual decline since the Bush administration took office, the Census Bureau reported Tuesday. Incomes edged up for the middle class while pover.. Read More
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Under Rated

American Capital Provides Details of $63 Million Net Realized Portfolio Gains from Second Quarter 2008 Exits (PR Newswire)

M & A Tue Aug 26, 2008 @ 3:03pm neoform
biz.yahoo.com -- BETHESDA, Md., Aug. 26 /PRNewswire-FirstCall/ -- American Capital, Ltd. (or the "Company") (Nasdaq: ACAS - News) announced today information regarding its $63 million of total net realized portfolio gains from second quarter 2008 exits, exclusive of reali.. Read More
+1
Under Rated

Coca-Cola Opens US$22 million New Plant in Mongolia (Business Wire)

ECONOMY Sun Aug 24, 2008 @ 12:01pm neoform
biz.yahoo.com -- ULAANBAATAR, Mongolia--(BUSINESS WIRE)--A US$22 million green field Coca-Cola bottling plant was officially opened in Ulaanbaatar today by Muhtar Kent, President and CEO of The Coca-Cola Company and Odjargal Jambaljamts, Chairman & CEO, MCS Group. This ne.. Read More
+1
Under Rated

Virgin Mobile closes $38M Helio acquisition (AP)

M & A Fri Aug 22, 2008 @ 3:02pm neoform
biz.yahoo.com -- WARREN, N.J. (AP) -- Virgin Mobile USA Inc. said Friday it completed its acquisition of struggling cellular carrier Helio LLC for $38 million in stock. Under the terms of the buyout, announced June 27, Helio owners EarthLink Inc. and SK Telecom, a South.. Read More
+1
Under Rated

Salix Pharmaceuticals closes sale of $60M debt (AP)

M & A Fri Aug 22, 2008 @ 12:02pm neoform
biz.yahoo.com -- RALEIGH, N.C. (AP) -- Salix Pharmaceuticals Ltd. said Friday it closed its offering of $60 million in debt. The company, which makes pharmaceutical products to treat gastrointestinal disease, said the sale of the 5.5 percent convertible senior notes due.. Read More
+1
Under Rated

A Business Based on Harmony

SMALL BUSINESS Fri Aug 22, 2008 @ 9:01am neoform
www.entrepreneur.com -- Chris Lighty, 39 Violator/Brand Asset Group, New York City2007 sales: $11 million (Violator); $2 million (Brand Asset Group)Description: Artist management, record company and marketing group From vinyl to vitamin water: Chris Lighty's first music indu.. Read More
+1
Under Rated

American Capital Realizes $57 Million Gain from Sale of Contec (PR Newswire)

M & A Wed Aug 20, 2008 @ 3:02pm neoform
biz.yahoo.com -- BETHESDA, Md., Aug. 20 /PRNewswire-FirstCall/ -- American Capital, Ltd. (Nasdaq: ACAS - News) announced today that it realized a gain of $57 million from the sale of Contec Holdings, Ltd. in the third quarter of 2008. Including the investments in Contec o.. Read More
+1
Under Rated

LandCap JV to buy Wachovia loans: report (Reuters)

GENERAL Wed Aug 20, 2008 @ 12:03pm neoform
news.yahoo.com -- Wed Aug 20, 1:26 AM ET (Reuters) - A joint venture created by LandCap Partners is buying $40 million of troubled land and construction loans from Wachovia Corp (WB.N) The Wall Street Journal said. LandCap, a residential-land company headed by real-esta.. Read More
+1
Under Rated

Microsoft, Novell expand alliance with $100M deal (AP)

M & A Wed Aug 20, 2008 @ 12:03pm neoform
biz.yahoo.com -- WALTHAM, Mass. (AP) -- Microsoft Corp., expanding on an alliance with Novell Inc., has agreed to buy as much as $100 million more for subscription certificates for Novell's Linux products, Novell said Wednesday. That comes on top of the $240 million in u.. Read More
+1
Under Rated

Michigan announces $658 million in investments (AP)

ECONOMY Tue Aug 19, 2008 @ 6:00pm neoform
biz.yahoo.com -- LANSING, Mich. (AP) -- Michigan's top tourist attraction could be getting a rival -- another Cabela's. The state's first Cabela's Inc. outdoor equipment store, built in Dundee about 40 miles southwest of Detroit, has been the state's No. 1 tourist attrac.. Read More
+1
Under Rated

Genco Shipping & Trading Limited Obtains Commitment for New $320 Million Term Loan Facility (PR Newswire)

M & A Mon Aug 18, 2008 @ 6:01pm neoform
biz.yahoo.com -- NEW YORK, Aug. 18 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK - News) today announced that it has received a bank commitment for a new $320 million senior secured amortizing term loan facility. The five-year facility, underwritte.. Read More
+1
Under Rated

L-3 Communications gets $7 million Army contract (AP)

ECONOMY Mon Aug 18, 2008 @ 6:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- The Army said Monday that it has awarded a $7 million contract to L-3 Communications Corp. for work on video systems used in unmanned flying vehicles. The contract, awarded Thursday, is for work on E-ROVER, which is part of a package o.. Read More
+1
Under Rated

1H profit up, buyout bid persists for Michael Page (AP)

M & A Mon Aug 18, 2008 @ 12:02pm neoform
biz.yahoo.com -- LONDON (AP) -- British recruitment company Michael Page International PLC said Monday that profits rose 24 percent in the first half of the year compared to the same period last year, thanks to strong international growth. Also on Monday morning, Adecco.. Read More
+1
Under Rated

WSP Holdings Reports Second Quarter 2008 Results (PR Newswire)

M & A Fri Aug 15, 2008 @ 9:01am neoform
biz.yahoo.com -- WUXI, China, Aug. 15 /Xinhua-PRNewswire-FirstCall/ -- WSP Holdings Limited (NYSE: WH - News; "WSP Holdings" or the "Company"), a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in.. Read More
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