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IBM (IBM)
IBM (NYSE: IBM) today announced it has acquired Intelliden Inc., a leading provider of intelligent network automation software that enables organizations such as telecommunications companies to configure, manage and scale their networks. Intelliden, a privately held company, is based in Menlo Park, Calif. Financial terms were not disclosed.
By acquiring this automation technology, IBM says its aims to help clients improve network service
Feb 16 · 11:05:00 AM · Source: Company Press Release
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by Larry Etter
HP (HPQ)
HP today said it has extended its cloud consulting services portfolio with a new design service that helps businesses and government agencies accelerate the adoption of cloud-based infrastructures to improve technology and business flexibility.
different workloads.
The HP Cloud Design Service takes an approach to designing and deploying scalable, cloud-based infastructures that speed up the delivery of projects while mitigating risk.
Feb 16 · 11:02:00 AM · Source: Company Press Release
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by Larry Etter
PAETEC Holding Corp. (PAET)
PAETEC Holding Corp.'s said today its fourth-quarter net loss narrowed significantly to $2.37 million from $114.43 million last year. The company reported fourth-quarter 2009 revenue of $390.12 million, representing a 2.5% decrease from fourth quarter 2008 revenue of $400.24 million. Eight analysts estimated revenues of $391.51 million for the quarter.
Analysts expected loss per share of $0.05 for the quarter.
Feb 16 · 10:57:00 AM · Source: Company Press Release
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by Larry Etter
Qwest Communications (Q)
Qwest Communications has announced the opening of its 17th data center nationwide and third center in the Washington, D.C., metro area, in response to continued customer demand for hosting and cloud-based infrastructure services. The new Qwest-owned and operated CyberCenter currently is supporting one federal government customer. The new 129,000 square foot facility will be equipped with redundant state-of-the-art network and hosting capabilities.
Feb 16 · 10:51:00 AM · Source: Company Press Release
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by Larry Etter
Sprint Nextel (S)
Sprint said its Business Markets Group continued to make strong contributions to Sprint's performance in the fourth quarter, capping 2009 with high-profile customer wins, an expanded product portfolio, broadened 4G wireless footprint, improved customer care, and third-party endorsements to drive momentum into 2010.
The fourth quarter shows Sprint's Business Markets Group continued momentum in the marketplace.
Feb 16 · 10:49:00 AM · Source: Company Press Release
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by Larry Etter
SunPower (SPWRA)
SunPower announced on Friday it will acquire SunRay Renewable Energy, a leading European solar farm developer.
SunPower says its acquisition is consistent with the company's long-term company strategy to develop a strong brand and complements its European engineering, procurement and construction business.
Feb 15 · 7:54:00 PM
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by Michael Oliveto
Senomyx (SNMX)
Senomyx announced the pricing of an underwritten public offering of 7,142,857 shares of its common stock at a price to the public of $2.80 per share. The gross proceeds from the sale of the shares, before underwriting discounts and commissions and other offering expenses, are expected to be approximately $20.0 million. The offering is expected to close on or about February 18, 2010, subject to customary closing conditions. Senomyx has also granted the underwriters a 30-day option to purchase up to an aggregate of 1,071,428 additional shares of common stock to cover over-allotments, if any. All of the shares in the offering are being sold by Senomyx.
Senomyx anticipates using the net proceeds from the offering to fund research and development efforts, and for general corporate purposes, including working capital.
Feb 15 · 7:51:00 PM · Source: The Medical News
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by Michael Oliveto
Pan American Silver (PAAS)
Pan American Silver declared a regular quarterly dividend in the amount of $.025 per share payable March 12, 2010 to shareholders of record on February 26, 2010.
At today''s $22.20 stock price the dividend yield is 0.45%.
Feb 15 · 7:45:00 PM
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by Michael Oliveto
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