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Northrop's Euro Hawk Endures - Analyst Blog
Friday, December 17, 2010 - 5:45pm | 447Defense operator Northrop Grumman Corporation (NOC) and Cassidian, the defense and security division of European Aeronautics, Defense & Space Co., have jointly developed an unmanned aircraft system for the German Air Force. The aircraft Euro Hawk successfully passed the endurance test with a...
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S&P to Upgrade Motorola - Analyst Blog
Friday, December 17, 2010 - 10:03am | 557Recently, Standard & Poor's Ratings Services (S&P) announced that it may upgrade the credit rating of Motorola Inc. (MOT) once it completes the proposed separation. Earlier this month, Motorola declared that its much awaited split-up into two separate entities will happen on January 4,...
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S&P to Upgrade Motorola - Analyst Blog
Friday, December 17, 2010 - 9:45am | 557Recently, Standard & Poor's Ratings Services (S&P) announced that it may upgrade the credit rating of Motorola Inc. (MOT) once it completes the proposed separation. Earlier this month, Motorola declared that its much awaited split-up into two separate entities will happen on January 4,...
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GE Healthcare Completes Initial Offering Period for Clarient
Friday, December 17, 2010 - 8:53am | 79GE Healthcare, a unit of General Electric Company (NYSE: GE) today announced the expiration of the initial offering period of the previously announced tender offer by GE's wholly owned subsidiary, Crane Merger Sub, Inc., for all outstanding shares of common and preferred stock of Clarient, Inc. (...
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Green Christmas Stocks: High Yield Retailer Companies
Friday, December 17, 2010 - 3:31am | 523If the economy really is starting to turn around and consumers are buying again, then this could end up being a green, as in money, Christmas. Amazon (AMZN) should be one of the biggest beneficiaries of the holiday buying season, but it doesn't pay a dividend. Obviously, there are plenty of retail...
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Siemens Sells IT Unit - Analyst Blog
Thursday, December 16, 2010 - 5:03pm | 479Siemens AG (SI) is set to sell its IT solutions and services business to Atos Origin for €850 million or $1.1 billion. The Siemens IT business provides outsourcing services to midsize and large companies and accounts for 6% of total revenue. The unit also maintains internal corporate IT systems...
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Siemens Sells IT Unit - Analyst Blog
Thursday, December 16, 2010 - 4:32pm | 479Siemens AG (SI) is set to sell its IT solutions and services business to Atos Origin for €850 million or $1.1 billion. The Siemens IT business provides outsourcing services to midsize and large companies and accounts for 6% of total revenue. The unit also maintains internal corporate IT systems...
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For The Love Of Startups
Thursday, December 16, 2010 - 4:24pm | 388In the old days, marketing execs believed that their primary goal was to find a need and fill it. But as we've learned with companies like Google Inc. (NASDAQ: GOOG), Apple Inc. (NASDAQ: AAPL), Groupon, and Facebook, great marketing is more than filling a need. WebFilings.com is another great...
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ITW Revenue Update, Guidance Intact - Analyst Blog
Thursday, December 16, 2010 - 2:03pm | 543Illinois Tool Works Inc. (ITW) reported an 11% year-over-year rise in its operating revenues for the three months ended November 30, 2010. The increase records a 9% growth attributable to a hike in base revenue and 3% to acquisitions. Currency translation had a negative 1.0% impact on the...
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ITW Revenue Update, Guidance Intact - Analyst Blog
Thursday, December 16, 2010 - 1:45pm | 543Illinois Tool Works Inc. (ITW) reported an 11% year-over-year rise in its operating revenues for the three months ended November 30, 2010. The increase records a 9% growth attributable to a hike in base revenue and 3% to acquisitions. Currency translation had a negative 1.0% impact on the...
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3M Drug Delivery Systems Announces Licensing Agreement with Spirig Pharma
Thursday, December 16, 2010 - 12:01pm | 623M (NYSE: MMM) Drug Delivery Systems has signed an exclusive licensing agreement with Spirig Pharma AG, a Swiss manufacturer of dermatological and dermocosmetic products. Spirig Pharma AG will utilize one of 3M's immune response modifier (IRM) molecules to further its development of treatment for...
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Rugged.Com Is Liked By The Big Boys (CSCO, ABB, SI, GE)
Thursday, December 16, 2010 - 11:50am | 90Rugged.com could attract a large takeover bid from Cisco (NASDAQ: CSCO), ABB (NYSE: ABB), Siemens (NYSE: SI), and General Electric (NYSE: GE), reports Reuters. According to Reuters, all four companies are looking for expertise in the smart grid growth market and energy efficiency, and Rugged.com...
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SurModics May Drop Pharma Unit - Analyst Blog
Wednesday, December 15, 2010 - 4:33pm | 567In a bid to focus extensively on its Medical Device and In Vitro Diagnostics units, SurModics Inc. (SRDX) announced that it will explore options regarding its Pharmaceuticals division. The company may even sell off the unit to meet the objective. SurModics, a provider of surface modification...
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SurModics May Drop Pharma Unit - Analyst Blog
Wednesday, December 15, 2010 - 4:06pm | 567In a bid to focus extensively on its Medical Device and In Vitro Diagnostics units, SurModics Inc. (SRDX) announced that it will explore options regarding its Pharmaceuticals division. The company may even sell off the unit to meet the objective. SurModics, a provider of surface modification...
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Euro Slide Holds Markets Back
Wednesday, December 15, 2010 - 3:35pm | 251The Dow inched higher and attempted to close at fresh two-year highs Wednesday afternoon, but the S&P 500 lagged behind as the euro tumbled in the wake of Moody's threatening to downgrade Spain's credit rating. Today's Markets As of 2:04 p.m. ET, the Dow Jones Industrial Average rose 21.84...