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3M Company (MMM)

3M Health Information Systems has released 3M™ Mobile Dictation Software on the iPhone® platform, giving physicians greater control over their dictation workflow. The advanced mobile application, also available on the BlackBerry® and Windows Mobile® platforms, offers physicians the freedom of using a single device for phone, email, and dictation, and provides “anytime, anywhere” access via Wi-Fi or 3G wireless service.
Using 3M Mobile Dictation, physicians can dictate notes, view patient lists, and display current patient information on the smartphone screen, saving time and freeing them to focus on patient care. The software provides always-on connectivity, eliminating the need to synchronize smartphones to a dictation system, and is enhanced with a full range of security features that fulfill HIPAA and hospital-specific guidelines for encryption and authentication.

Feb 25 · 3:55:00 PM · Source: Company Press Release
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by Michael Oliveto

GE (GE)

GE Intelligent Platforms today announced that its breakthrough process control solution, Proficy® Process Systems, was chosen by China Baogang Group’s subsidiary Barun Mining Co. Ltd. for use in the company’s iron mining business in China. The company chose GE’s solution to facilitate product quality improvement, optimize production and reduce cost.
China Baogang is one of the largest equipment manufacturers in China, involved in the construction of metallurgical, infrastructural facilities, and other industrial projects. The company also provides geo-technical engineering construction, industrial and civil construction, rock and earthwork excavation, equipment installation, and steel structure fabrication and installation services.

Feb 25 · 3:49:00 PM · Source: Company Press Release
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by Michael Oliveto

China Eastern Airlines (CEA)

China Eastern Airlines Corp. (NYSE:CEA), the nation’s second-largest carrier, denied a media report saying it’s seeking to sell a 20 percent stake to investors in the Middle East and Europe. “There’s no such plan,” Board Secretary Luo Zhuping said today, denying an Emirates Business report. He declined to comment on whether the carrier had resumed talks with Singapore Airlines Ltd. on a share sale.
China Eastern is on the look out for strategic investors in the Middle East and Europe, Emirates Business said today, citing Xu Zhao, Chief Financial Officer of parent China Eastern Air Holding Co. The Shanghai-based carrier failed to sell a 24 percent stake to Singapore Air and its parent in 2008. China Eastern is “actively seeking a strategic investor” and would like to find a partner this year, President Ma Xulun said. In addition, China Eastern Airlines is in advanced talks with AMR Corp (NYSE:AMR), American Airlines parent to bring it into the Oneworld alliance, AMR's Chief Financial Officer Tom Horton said on Wednesday.

Feb 25 · 3:48:00 PM · Source: Businessweek.com
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by Steve Wieczorek

Boeing (BA)

Boeing and United Airlines have finalized an order for 25 787-8 jetliners. The agreement includes the opportunity to purchase another 50 Dreamliners. The order is valued at $4.2 billion at average list prices.
United expects to take delivery of the 787s at the same time it will begin to retire its Boeing 747s and 767s operating on international routes. "Boeing and United Airlines share an 80-year partnership," said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. "United, which launched the Boeing 777, now begins a new chapter with the 787 Dreamliner, the most technologically advanced commercial jetliner ever built."

Feb 25 · 3:44:00 PM · Source: Company Press Release · Related: UAL Corp.
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by Michael Oliveto

Boeing (BA)

A third airplane has joined the Boeing 787 Dreamliner flight-test program. ZA004, the fourth flight-test airplane to be built, took off at 11:43 a.m. local time from Paine Field in Everett, WA.
The program plan called for ZA004 to fly before ZA003 because the data ZA004 is collecting is needed more quickly both for certification and development of the 787-9. "Airplane No. 4 operated flawlessly today," Captain Heather Ross said after landing. "We've got a lot of work ahead of us but I can't imagine a better start to the flight test program for this airplane."

Feb 25 · 3:40:00 PM · Source: Company Press Release
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by Michael Oliveto

AMR (AMR)

American Airlines (NYSE:AMR), looks to widen ties with Asia by welcoming India's largest airline into its oneworld global airline alliance, according to TradingMarkets.com. Kingfisher Airlines, India's largest domestic carrier and only five-star airline, has signed a memorandum of understanding with oneworld, signaling its intention to join the alliance, subject to Indian regulatory approval, officials said Tuesday.
The MOU agreement was signed at a meeting between Kingfisher Airlines' Chairman and CEO Vijay Mallya and CEOs from oneworld's 11 member airlines. American Chairman and CEO Gerard Arpey said the addition of Kingfisher will solidify oneworld's standing as the world's premier airline alliance. If Kingfisher's regulatory application is approved, the Indian carrier could become a member of oneworld in 2011, oneworld and American executives said.

Feb 25 · 3:29:00 PM · Source: TradingMarkets.com
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by Steve Wieczorek

Atlas Air Worldwide Holdings (AAWW)

Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), a leading provider of global air cargo assets and outsourced aircraft operating services, expects fourth-quarter 2009 net income to exceed $1.10 per diluted share, or $26.5 million, exceeding the Company's previous expectations of more than $0.74 per diluted share, or $18.0 million, for the quarter. Full-year 2009 net income is expected to total more than $3.48 per diluted share, or $75.9 million, compared with previous expectations of over $3.09 per diluted share, or $67.4 million. For fiscal 2010, it expects net earnings of approximately $80.0 million, or $3.08 per diluted share. For the first quarter of 2010, it expects earnings to be consistent with the first-quarter 2009 results. The Company reported net profit of $21.16 million and earnings per share (EPS) of $1.01 for the first quarter of 2009. According to Reuters Estimates, analysts on an average are expecting the Company to report net profit of $71.5 million and EPS of $2.79 for fiscal 2010; net profit of $12.23 million and EPS of $0.47 for the first quarter of 2010.
“Our strong earnings performance in the fourth quarter was driven by a combination of a significantly improved peak-season airfreight demand, a tight supply environment, and continued strength in military charter demand,” said William J. Flynn, President and Chief Executive Officer of AAWW. “Results for the quarter and the full year also reflected the strategic actions we have taken to transform our business, our operating cost base, and our fleet throughout 2008 and 2009.

Feb 25 · 2:54:00 PM · Source: Company Press Release
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by Steve Wieczorek

Alaska Air Group Inc. (ALK)

Alaska Air Group (NYSE:ALK) took off like a rocket last year as the economic downturn sent many airlines into a tailspin, According to Investors.com. The parent of Alaska Airlines and Horizon Air saw 2009 profits soar 1,942% to $2.45 a share from the previous year's 12 cents a share, it reported on Jan. 28. It was the sixth straight year Alaska showed a profit on an adjusted basis.
"Our profitability was driven by significant reductions in fuel costs and an aggressive reallocation of flying to new markets in our system," said Chief Financial Officer Glenn Johnson. Alaska Airlines capacity was reduced by 4.4% last year. As it reduced capacity to Mexico, it shifted capacity to new markets like Austin, Texas, and Atlanta. It also expanded service to Hawaii from Oakland, Calif., and Portland, Ore. "It's very important to have the right capacity in the right markets," said Johnson

Feb 25 · 2:28:00 PM · Source: http://www.investors.com/NewsAndAnalysis/Article.a
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by Steve Wieczorek

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