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Broadridge Declares Dividend

February 2, 2010 9:01 am | by The Associated Press | News | Comments

Broadridge Financial Solutions, Inc. (NYSE: BR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.14 per share. The dividend is payable on April 1, 2010, to stockholders of record at the close of business on March 17, 2010.Broadridge is a technology...

Lumonall and CleanWear Products Agree to Extend Closing Date

February 2, 2010 9:01 am | by The Associated Press | News | Comments

Lumonall, Inc. (OTCBB: LUMN), (the "Company" or "Lumonall") today announced that the closing of the merger or acquisition of CleanWear Products Ltd. ("CleanWear") has been delayed.On November 9, 2009, Lumonall and CleanWear, announced an acquisition transaction that included several conditions...

Syntel CEO resigns; company names director as CEO

February 2, 2010 8:01 am | by The Associated Press | News | Comments

Information technology services company Syntel Inc. said its president and CEO resigned on Monday, and was replaced on Tuesday by one of its directors.The company said Keshav Murugesh, 46, resigned effective Monday "to pursue other opportunities." Company spokesman Jon Luebke said Murugesh...

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Morningstar says Canadian investment funds mostly slipped in January

February 2, 2010 6:01 am | by The Associated Press | News | Comments

Canadian investment funds posted mostly negative returns in the first month of this year, putting an end to the best showing in more than 15 years in 2009, according to Morningstar Canada.The Canadian subsidiary of Morningstar Inc. (NASDAQ:MORN) says that 30 of 43 Morningstar Canada Fund...

Portable Entertainment Devices Continue to Proliferate

February 2, 2010 5:57 am | by In-Stat | News | Comments

The weak economy is taking its toll across most consumer markets. Electronics are no exception.

Slime Mold and Engineers Design Similar Solution

February 2, 2010 5:55 am | by Curious Cat Science and Engineering Blog | News | Comments

Slime Mold Grows Network Just Like Tokyo Rail System Talented and dedicated engineers spent countless hours designing Japan’s rail system to be one of the world’s most efficient. Could have just asked a slime mold. When presented with oat flakes arranged in the pattern of Japanese cities...

25 Gbps Connector Addresses High-signal Transmissions

February 2, 2010 5:54 am | Product Releases | Comments

Molex Incorporated added the CoEdge to its EdgeLine family of connectors. The one-piece, 25 Gbps connector is configured to meet an industry standard pitch of 0.80 mm (.031”). This low-profile, dual-sided, edgecard connector supports 

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Sales 2.0 Leader Defies Recession, Grows 273 Percent Throughout 2009

February 2, 2010 5:01 am | by The Associated Press | News | Comments

InsideView today announced its 2009 growth numbers, trumping the worst economic downturn in decades with a 273 percent increase in revenue. During 2009, InsideView announced multiple record quarters, a premier partnership with NetSuite, multiple industry accolades, the launch of the Smart Cloud...

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Magnalight.com Adds More Powerful LED Infrared Flood Lights and Spot Lights

February 2, 2010 4:51 am | Larson Electronics Llc | Product Releases | Comments

Larson Electronics’ magnalight.com offers several new infrared LED emitter lights for military, security and commercial applications. Ranging from ultra-compact infrared LED trailing lights and grill lights to 240 watt infrared LED light emitters for the military MRAP, MATV and HUMVEE vehicles, magnalight.com continues to develop new infrared LED lights that feature low amp draw and high light energy output.

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“ChemBot” takes cue from The Terminator

February 2, 2010 4:13 am | by Jason Lomberg, Technical Editor | Blogs | Comments

It can morph from a liquid to a solid state, but can’t form “knives and stabbing weapons.” It can squeeze through tight spaces, join with others, and expand in size. No, it’s not the T-1000, but a new “chemical robot” created by the Pentagon. The Defense Advanced Research Projects Association (DARPA) sought to create a “ChemBot” that could perform the following functions...

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ADP's 2Q profit boosted by tax gain, lower costs

February 2, 2010 4:01 am | by The Associated Press | News | Comments

Automatic Data Processing Inc., the world's biggest payroll processor, said Tuesday its quarterly profit rose 5 percent with help from a one-time tax gain and shrinking expenses.With the recession still reverberating through the jobs market, ADP said revenue remained flat from the year before...

Microchip Responds to the EEVblog PICkit 3 Review

February 2, 2010 3:08 am | Videos | Comments

 Microchip's video response to Dave Jones' EEVblog #39 regarding PICkit 3 Debug Express.  

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Sony Pictures to lay off 450 people as DVDs fall

February 1, 2010 2:01 pm | by The Associated Press | News | Comments

Sony Pictures Entertainment is laying off about 450 people mostly in the United States and leaving 100 positions unfilled in order to cut costs and cope with declining DVD sales.The movie studio subsidiary of Japan's Sony Corp. told employees about the cuts in a memo on Monday.The layoffs...

Virtusa posts lower 3Q profit and revenue

February 1, 2010 2:01 pm | by The Associated Press | News | Comments

Information technology company Virtusa Corp. said Monday its fiscal third-quarter profit declined, hurt by lower revenue and foreign currency exchange losses.For the three months ended Dec. 31, the company earned $2.9 million, or 12 cents per share, down from a profit of $6.3 million, or 27...

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