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Online Resources elects Donald Layden Jr. to board(2)

June 2, 2010 3:31 pm | Comments

Financial services company Online Resources Corp. said Wednesday that Donald W. Layden Jr. has been elected to the company's board.Layden has been an adviser to private equity firm Warburg Pincus LLC for its payments and transaction processing investments. He is also a partner at Quarles &...

General Dynamics to pay 42-cent quarterly dividend

June 2, 2010 12:30 pm | Comments

Defense contractor General Dynamics Corp. said Wednesday it will pay a quarterly dividend of 42 cents per share, unchanged from the previous quarter.The company said it would pay the dividend Aug. 6 to shareholders as of July 2.The company's shares rose $1.18, or 1.8 percent, to close Wednesday...

Researchers pursue plasmonics and photonics technology for optical improvements

June 2, 2010 12:21 pm | by EurekAlert | Comments

(Air Force Office of Scientific Research) US Air Force Office of Scientific Research-funded Professors Mark L. Brongersma of Stanford University and Stefan A. Maier of Imperial College London are investigating new applications for terahertz sensors.


Sony moving work from plant in Hungary to Malaysia

June 2, 2010 10:32 am | by The Associated Press | Comments

The Hungarian subsidiary of Sony Corp. said Wednesday it would close a manufacturing plant in Hungary and move its production of Blu-ray players and DVD recorders to Kuala Lumpur, Malaysia.Sony Hungaria Kft., which was founded in 1996, said 540 employees would be affected by the decision to...

Constellation acquires taxi software provider Auriga Communication

June 2, 2010 10:30 am | Comments

Constellation Software Inc. (TSX:CSU) acquires taxi communications software provider Auriga Communication Systems Ltd. from from Tait Europe Ltd., a subsidiary of the Tait Radio Communications Group of New Zealand, for an undisclosed price.

AT & T Drops Unlimited-Data Plans

June 2, 2010 10:28 am | by Wall Street Journal | Comments

AT&T is abandoning unlimited pricing plans for new subscribers to its wireless email and Internet services on smartphones, kicking off a long-awaited shift in how carriers bill customers.

First Images of Heavy Electrons in Action

June 2, 2010 10:22 am | by Brookhaven National Laboratory | Comments

Scientists nab first images of “heavy” electrons, revealing “hidden” characteristics and demonstrating new method for investigating long-standing physics problems

Equifax sells division to Alliance for $117M

June 2, 2010 8:30 am | Comments

Equifax Inc. is selling its direct marketing division to Alliance Data Systems Corp. for $117 million in cash, the credit reporting agency said Wednesday.The division, which has roughly 200 employees, is based in Dallas and provides information about consumers for companies to better target...


GameStop names new CEO

June 2, 2010 7:30 am | by The Associated Press | Comments

GameStop Corp. promoted J. Paul Raines to chief executive officer, the video game retailer said Wednesday.Raines, 46, had been chief operating officer. He replaces Daniel A. DeMatteo, 62, who will become executive chairman.Tony D. Bartel, 46, will become president. He was previously executive...

Dr. Mitola delivers keynote address and leads workshop at International Software Radio Conference

June 2, 2010 7:24 am | by EurekAlert | Comments

(Stevens Institute of Technology) On June 7-8, 2010, at the Crowne Plaza Hotel in St James, London, United Kingdom, Dr. Joseph Mitola III, Vice President for the Research Enterprise at Stevens Institute of Technology, will deliver the Keynote Address and lead a workshop on Software...

More choline reduces Down syndrome dysfunction

June 2, 2010 7:23 am | by Cornell University | Comments

In a mouse model of Down syndrome, pregnant and lactating mice that received additional choline had offspring that fared much better than those whose mothers did not receive choline, a new study finds.

Global TV Market Continues to Recover

June 2, 2010 7:11 am | Comments

TV shipments continued to show a strong rebound in growth rates from the very weak levels of early 2009 as improving global economic conditions led to greater demand for TVs.


Sonic Solutions to acquire DivX for cash and stock

June 2, 2010 6:32 am | Comments

Sonic Solutions, which makes digital media software, said Wednesday it agreed to acquire DivX Inc., a digital media company, for about $323 million and provided preliminary fourth-quarter results.Under terms of the deal, Sonic will acquire all outstanding shares of DivX for $3.75 in cash and...


Foxconn, maker of iPad, raises pay 30 per cent after suicides at China plants

June 2, 2010 6:30 am | Comments

The Taiwan company that makes iPads and other gadgets is raising the pay of its workers in China after a spate of suicides.Foxconn Technology Group, shaken by the suicides at its China plants, says today it is raising the pay of workers by 30 per cent, a greater increase than first planned.The...

Personal Income and Outlays, April 2010

June 2, 2010 6:24 am | by U.S. Bureau of Economic Analysis | Comments

Personal income increased $54.4 billion, or 0.4 percent, and disposable personal income (DPI) increased $57.6 billion, or 0.5 percent, in April, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $4.0 billion, or less than 0.1 percent. In...


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