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Agilent Technologies (A)
Agilent Technologies Inc. said it has received a favorable decision in its
trade secrets and breach of contract case against Advanced Materials Technology,
Inc. and three of its employees. Agilent filed the lawsuit in January 2008 to protect confidential and proprietary information relating to its high-performance liquid chromatography (HPLC) technology.
Feb 23 · 10:33:00 AM · Source: Company Press Release
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by Larry Etter
FedEx (FDX)
With the aim of capturing growing demand for air transport of added-value products and expanding their business in China, FedEx Corp (NYSE:FDX) earlier this year started flying Boeing Co.'s B777 Freighter between Memphis International Airport, Tennessee and Pudong International Airport in Shanghai, China becoming the first to tap this fast and fuel efficient aircraft for a regular route, according to TradingMarkets.com.
With capacity of 81 tons, over 6 tons more than the MD11, the firm's main cargo airplane, the B777 can also fly faster, allowing FedEx to delay collection times by two hours.
FedEx has a rich business history in China, with more than 25 years of experience serving customers shipping to and from this fast-growing market. FedEx currently employs more than 7,000 employees in China and serves 400 cities throughout the country. FedEx Express is also approaching the one-year anniversary of its new Asia Pacific hub in Guangzhou, China, opened on February 6, 2009.
Feb 23 · 10:32:00 AM
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by Steve Wieczorek
Microsoft (MSFT)
Microsoft Corp. has announced it has signed a patent cross-license agreement with Amazon.com Inc. The agreement provides each company with access to the other’s patent portfolio and covers a broad range of products and technology, including coverage for Amazon’s popular e-reading device, Kindle™, which employs both open source and Amazon’s proprietary software components, and Amazon’s use of Linux-based servers.
Although specific terms of the agreement are confidential, Microsoft indicated that Amazon.com will pay Microsoft an undisclosed amount of money under the agreement
Feb 23 · 10:25:00 AM
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by Larry Etter
IBM (IBM)
IBM has announced it is creating smarter buildings, offices, and urban infrastructure worldwide. With intelligence embedded into the physical assets of an organization, IBM is helping clients create a command center to manage not only their data center and IT design, but also the physical assets as diverse as water mains, office equipment, door locks, printers, heating systems and fire hydrants.
IBM believes smarter buildings are key to the economic and environmental sustainability of urban environments.
Feb 23 · 10:22:00 AM · Source: Company Press Release
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by Larry Etter
IBM (IBM)
IBM today announced an enhanced strategy to help clients maximize benefits of virtualization with integrated service management by focusing on four key priorities: consolidation, management, automation and optimized delivery. This strategy is based on a comprehensive view of data center virtualization including servers, storage, networking, software and services.
Analysts believe worldwide revenue for virtualization related ecosystem is expected to exceed $46 billion by 2013, so this is a big move for IBM.
Feb 23 · 10:19:00 AM · Source: Company Press Release
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by Larry Etter
Level 3 Communications Inc. (LVLT)
Level 3 Communications, Inc. today announced the hiring of Daniel
Sjoberg as vice president of Strategy, Business Development and Marketing for
European Markets. Sjoberg is based at the company's European headquarters in
London and reports to James Heard, president of European Markets. Sjoberg brings
more than 20 years of experience in telecommunications and strategy to Level 3.
Feb 23 · 10:16:00 AM · Source: Company Press Release
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by Larry Etter
Cincinnati Bell Inc (CBB)
CBTS, a national provider of data centers and managed services, has launched its new Enterprise Network and Operations Center (ENOC) in Mason, Ohio, just outside of Cincinnati. The facility – which now monitors and manages over one hundred thousand technology infrastructure devices – has been relocated to a centric location to support the company’s existing clientele in the United States, Europe, Canada, Mexico, and Puerto Rico.
Feb 23 · 10:13:00 AM · Source: Company Press Release
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by Larry Etter
Housing
U.S. home prices slipped in December but the annual rate of decline slowed, according to Standard & Poor's/Case-Shiller indexes. The S&P composite index of home prices in 20 metropolitan areas dipped 0.2 percent in December, matching the decrease in November. This amounts to a 3.1 percent annual drop.
The numbers reinforce the housing recovery is still rocky.
Feb 23 · 10:09:00 AM
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by Larry Etter
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