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Logibec has Q1 profit of $2.6 million; lower revenues due to strong loonie

May 12, 2010 5:30 am | by The Associated Press | Comments

Information systems company Logibec Groupe Informatique Ltd. reports increased net earnings of $2.6 million for its second quarter, compared with $2.2 million in the same quarter a year ago. Revenues were down six per cent to $18.4 million to due to the stornger Canadian dollar.

Enhancements to Industry-Leading Research Management Solution (RMS) Help Firms Streamline and Optimize Investment Processes

May 12, 2010 5:30 am | by The Associated Press | Comments

Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that it has launched the next generation of Tamale RMS@, its industry-leading research management solution. Version 5.0 introduces new configurable...

Brookhaven Lab Scientist Honored at Asian Pacific American Association Celebration

May 12, 2010 5:21 am | by Brookhaven National Laboratory | Comments

Brookhaven Lab’s Chi-Chang Kao will be honored at the Asian Pacific American Heritage Month Celebration at Stony Brook University’s Wang Center on May 15.

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Meeting App Leader TimeBridge Champions Immediate Conversion From Standing One-Hour Meetings to Save Workers and Businesses Millions of Hours

May 12, 2010 4:30 am | by The Associated Press | Comments

TimeBridge (http://timebridge.com) , the service that helps busy professionals schedule and run great meetings, today announced the abolishment of meeting time-suck with a movement to end the one-hour meeting and establish a more efficient "45-Minute Meeting" standard."I've consulted with...

Digi-Key Corporation Announces Stock on Linear Technology's Isolator µModule® Transceivers

May 12, 2010 4:20 am | by Digi-Key | Comments

Thief River Falls, Minnesota (USA) — May 12, 2010 — Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry's broadest selection of electronic components available for immediate shipment, announced today it has stock on Linear...

Taiwan's Foxconn regrets Chinese employee suicide

May 12, 2010 3:30 am | by The Associated Press | Comments

Taiwan's Foxconn Technology Group said Wednesday it regrets the suicide of a female employee, the eighth among its Chinese workers this year.The announcement by the world's largest contract manufacturer of electronics came a day after a 24-year-old Foxconn factory worker surnamed Chu killed...

Quebecor Inc.'s net income falls to $38.3 million in first quarter

May 12, 2010 3:30 am | by The Associated Press | Comments

Quebecor Inc. (TSX:QBR.B) says higher revenues in its telecommunications segment during the first quarter offset declines in most other parts of its business, particularly news media.The Montreal-based company says its first-quarter revenue was $948.1 million, up $45 million overall from the...

Samsung Life shares jump after record IPO

May 11, 2010 7:30 pm | by The Associated Press | Comments

Samsung Life Insurance shares jumped nearly 9 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set a record as the country's largest.The shares opened Wednesday at 119,500 won ($104.69), some 8.6 percent above the IPO price of 110,000 won....

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Tax : Average tax burden on workers’ earnings fell in most OECD countries last year

May 11, 2010 6:30 pm | by OECD | Comments

Average tax and social security burdens on employment incomes fell slightly in 24 out of 30 OECD countries last year as governments struggled to shore up faltering economies amid the worst recession in decades. But whether this trend will continue this year is uncertain given the...

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Verizon, Google Developing iPad Rival

May 11, 2010 6:28 pm | by Wall Street Journal | Comments

Verizon Wireless CEO Lowell McAdam said the company is working with Google on a tablet computer, as the wireless company works to catch up with iPad host AT&T in the area of devices that connect to wireless networks.

Luxembourg : Labour market, pension reforms needed

May 11, 2010 5:30 pm | by OECD | Comments

The future growth path in Luxembourg is likely to be weaker than in the past. Pension reform, together with fiscal consolidation, is required to put the public finances on a sustainable footing, while adaptability of the labour market needs to be improved to avoid long-term unemployment...

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Statistics : Unemployment rate remains broadly stable at 8.7% in March

May 11, 2010 5:30 pm | by OECD | Comments

The unemployment rate for the OECD area was broadly stable in March 2010 at 8.7%; a rise of 0.1 percentage point compared with February.

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Registration for the KIC Launch conference is now open

May 11, 2010 5:27 pm | Comments

This event aims to celebrate the official launch of the EIT's first three KICs (Knowledge and...

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Head of Nokia’s Mobile Phone Unit Is Leaving

May 11, 2010 5:25 pm | by New York Times | Comments

The departure of Rick Simonson, who has been in the job for six months, comes amid Nokia’s second reorganization in less than a year.

Review of Google-AdMob Deal Gets More Time

May 11, 2010 5:25 pm | by New York Times | Comments

The Federal Trade Commission wants to use the additional time, in part, to better understand the competitive effects of Apple’s purchase of Quattro Wireless, an AdMob rival.

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