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Blackstone to buy land from Hovnanian

July 13, 2012 9:50 am | by The Associated Press | News | Comments

The Blackstone Group LP's financing arm said Friday that it reached a deal to buy a group of land parcels from Hovnanian Enterprises Inc. for up to $125 million and boost its stake in the homebuilder.The news sent shares of Hovnanian, based in Red Bank, N.J., up nearly 10 percent in afternoon...

Faster Simulation Method Granted John Argyris Award

July 13, 2012 9:45 am | by Technische Universitaet Muenchen | News | Comments

Dominik Schillinger has created a novel simulation concept that enables direct integration of the CAD geometry into the finite element analysis, completely circumventing any mesh generation.

Bonus Photos of the Day: Flying the Amphibious Airplane

July 13, 2012 8:56 am | by LISA Airplanes | News | Comments

Spring was action-packed for LISA Airplanes. The founders, the first clients and LISA’s team boarded the AKOYA for a flight from Lake Bourget. All the passengers and pilots agree: flying in this amphibious airplane is an incomparable pleasure.

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Equity Briefing: Stock Analysts' Upgrades for July 13th: DHI, HOT, KBH, KMP, MRK, WLL

July 13, 2012 8:50 am | by The Associated Press | News | Comments

A number of stocks were upgraded by equities research analysts today, as reported by Analyst Ratings Network:CMS Energy (NYSE: CMS) was upgraded by analysts at Wells Fargo & Co. from a "market perform" rating to an "outperform" rating. They noted that the move was a valuation call.Cabot Oil & Gas...

Buffett's firm bought shares of Phillips 66

July 13, 2012 8:50 am | by The Associated Press | News | Comments

Shares of Phillips 66 rose Friday after billionaire Warren Buffett said a Berkshire Hathaway investment manager purchased shares in the oil refining company.During an interview on Bloomberg television, the chairman and CEO of Berkshire Hathaway Inc. said one of his company's new investment...

Equity Briefing: Stock Analysts' Downgrades for July 12th: AEC, DRWI, EW, FIS, N, SKS

July 13, 2012 8:50 am | by The Associated Press | News | Comments

A number of stocks were downgraded by equities research analysts today, as reported by Analyst Ratings Network:Associated Estates (NYSE: AEC) was downgraded by analysts at Robert W. Baird from an "outperform" rating to a "neutral" rating. They now have a $16.00 price target on the stock, down...

Equity Briefing: Stock Analysts' New Coverage for July 12th: CRM, FNSR, JDSU, PVH

July 13, 2012 8:50 am | by The Associated Press | News | Comments

Equities research analysts initiated coverage on a number of stocks today, as reported by Analyst Ratings Network:Arris Group, Inc. (NASDAQ: ARRS) is now covered by analysts at Maxim Group. They set a "buy" rating and a $17.00 price target on the stock.Callidus Software Inc. (NASDAQ: CALD) is now...

Texas jury rules Garmin must pay $500K in lawsuit

July 13, 2012 8:50 am | by The Associated Press | News | Comments

Garmin must pay $500,000 for infringing upon a patent, but the technology involved has been phased out so it will not affect any other products from the GPS maker.The jury for the Eastern District of Texas found that certain kinds of Garmin navigation devices capable of using MSN Direct, a...

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Chinese industrialist behind Hawker Beechcraft bid

July 13, 2012 8:50 am | by JOE McDONALD - Associated Press - Associated Press | News | Comments

Known as the "Helicopter King of China," Shenzong Cheng has been quietly building a small empire in aviation manufacturing. Now, the Chinese industrialist is making an ambitious play to acquire Kansas aircraft-maker Hawker Beechcraft's civilian aircraft operations.As details of the $1.79...

AKOYA Takes its First Passengers from the Lake to the Sky

July 13, 2012 8:47 am | by LISA Airplanes | News | Comments

Since early May, the AKOYA has never ended flying. With an average of four days of flights per week, LISA Airplanes’ team could once more enjoy, and for the first time share, the AKOYA’s remarkable performance.  

Lawmakers Furious Over China-Made Olympic Uniform

July 13, 2012 8:22 am | by Donna Cassata, Associated Press | News | Comments

Uniforms for U.S. Olympic athletes are American red, white and blue — but made in China. That has members of Congress fuming.  

U.S. Economic Engagement With Asean

July 13, 2012 7:50 am | by The Associated Press | News | Comments

xfdad AD-ENGAGEMENT-WITH-ASEAN skedREGULATORY INTELLIGENCE DATA BASEJuly 13, 2012U.S. DEPARTMENT OF THE STATEAGENCY GROUP 09202-647-2492INDSTRY GROUP 91REGION GROUP 04U.S. ECONOMIC ENGAGEMENT WITH ASEANCQ-Roll Call, Inc.1255 22nd Street N.W.Washington, D.C. 20037Transcript/Programming: Tel....

Group asks MN high court to hear BWCA tower case

July 13, 2012 7:50 am | by The Associated Press | News | Comments

A group wants the Minnesota Supreme Court to overturn an appeals court ruling that lets AT&T Inc. proceed with a 450-foot cellphone tower near Ely next door to the Boundary Waters Canoe Area.The Friends of the Boundary Waters Wilderness is asking the high court instead to affirm a lower court...

Pixus Technologies Announces New 6U Dual Power Backplane

July 13, 2012 7:31 am | by PD&D Staff | Product Releases | Comments

Pixus Technologies has announced a new power backplane with dual 47-pin connectors per PICMG 2.11 power interface specification in the 6 U form factor.

Mini-ITX Embedded Motherboard

July 13, 2012 7:21 am | by PD&D Staff | Product Releases | Comments

Kontron (Eching, Germany) has unveiled its first embedded ARM based motherboard in the Mini-ITX form factor.

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