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RIM shares dive to 9-year low after downgrade

June 25, 2012 12:50 pm | by The Associated Press | News | Comments

Shares of BlackBerry maker Research In Motion dove to a nine-year low Monday after Morgan Stanley downgraded the stock, saying RIM's challenges are piling up.Research In Motion Ltd.'s shares closed down 75 cents, or 7.7 percent, to $9.11 on the Nasdaq. The bottom for the day was $9.01, the...

New 12 and 24 V Speed Controls from Bodine Electric Company

June 25, 2012 12:07 pm | by Bodine Electric Company | Bodine Electric Co. | Product Releases | Comments

The new type ABL-3906C low-voltage brushless DC stock controls from Bodine Electric Company  provide variable speed control for low-voltage BLDC (ECM) gearmotors and motors.

Southco's Compact Radio Frequency Remote Control System

June 25, 2012 11:52 am | by Southco | Southco, Inc. | Product Releases | Comments

The Southco EA-R02 RF Remote Control System enables wireless actuation of Southco locks in a basic, cost-effective package.

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JetBlue waives 1st change fee for package vacation

June 25, 2012 11:50 am | by The Associated Press | News | Comments

JetBlue Airways Corp. is waiving the $100 fee for a change to package vacations in an effort to spur more travelers to book their airfare, hotel and rental car all in one fell swoop.Customers can take an earlier flight, change their hotel room, or make other adjustments to their itinerary just...

US orders airlines to restore restroom oxygen

June 25, 2012 11:50 am | by The Associated Press | News | Comments

Federal aviation officials will order airlines to put oxygen systems back in jet restrooms, reversing a decision last year to remove them because of fears that terrorists could use them to start a fire during flight.The Federal Aviation Administration said Monday that restoring the oxygen...

NC regulators hear arguments in energy merger

June 25, 2012 11:50 am | by ALLEN REED - Associated Press - Associated Press | News | Comments

North Carolina environmentalists are making a last-ditch effort before a state agency to block what will become the nation's largest electric utility.A spokesman for the North Carolina Utilities Commission says the final verdict will not likely be handed down Monday, but could come this...

Caterpillar studies future of Peoria headquarters

June 25, 2012 11:50 am | by The Associated Press | News | Comments

Caterpillar Inc. plans to spend several months studying ways to modernize its 45-year-old Peoria headquarters.The Fortune 500 heavy-equipment maker said Monday that the study will focus on the company's facilities, technological and organizational needs.Caterpillar spokesman Jim Baumgartner...

Lexicon Pharma rises on diabetes drug results

June 25, 2012 11:50 am | by The Associated Press | News | Comments

Shares of Lexicon Pharmaceuticals Inc. rose Monday after the company reported clinical trial results for its experimental diabetes drug LX4211.Lexicon said the drug worked better than a placebo at reducing patients' blood sugar levels, and patients also experienced larger reductions in weight...

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3 missing after trains collide in rural Oklahoma

June 25, 2012 11:50 am | by The Associated Press | News | Comments

Investigators feared the worst Monday for three railroad workers who have been missing since two freight trains collided head-on in the Oklahoma Panhandle, triggering a white-hot diesel-fuel fire amid tons of twisted metal."They have to let the metal cool ... to see if they can get in there and...

NYSE accepts Standard Register plan for listing

June 25, 2012 11:50 am | by The Associated Press | News | Comments

Standard Register Co. said Monday that the New York Stock Exchange has accepted its plan for continued listing on the exchange.The Dayton, Ohio-based business document company said in April that its market capitalization had fallen to less than $50 million over a 30 trading-day period and its...

Baxter's Gammagard Liquid drug gets new approval

June 25, 2012 11:50 am | by The Associated Press | News | Comments

Baxter International Inc. said Monday that it received an additional market approval for its drug Gammagard Liquid for weakened immune systems; it can now be used in the U.S. to treat a rare autoimmune disorder.The Food and Drug Administration approved Gammagard Liquid as a treatment for...

HEIDENHAIN’s Newest High-Accuracy Angle Encoders

June 25, 2012 11:38 am | by HEIDENHAIN | Heidenhain Corp. | Product Releases | Comments

HEIDENHAIN’s newest generation of absolute angle encoders continue to set standards with their integral bearings and hollow shafts, and have now expanded their usage to include connection to Fanuc controls.

RG Steel judge asked to allow environmental appeal

June 25, 2012 10:50 am | by RANDALL CHASE - AP Business Writer - Associated Press | News | Comments

Environmentalists are asking a Delaware bankruptcy judge for permission to pursue a federal court appeal in a dispute involving RG Steel's steel mill in Sparrows Point, Md.RG Steel, the nation's fourth-largest flat-rolled steel manufacturer, sought bankruptcy protection in Delaware last...

Baldor Electric to pay $2M in bias investigation

June 25, 2012 10:50 am | by CHUCK BARTELS - AP Business Writer - Associated Press | News | Comments

Baldor Electric Co. agreed Monday to pay $2 million to settle a discrimination allegation by the U.S. Labor Department, but the company denied bias in its hiring practices.The Labor Department alleged the company blocked nearly 800 women and minorities from getting jobs through Baldor's...

Fandango looks to expand audience in MSN alliance

June 25, 2012 10:50 am | by The Associated Press | News | Comments

The Fandango online movie ticketing service will expand its audience by selling tickets on movie and entertainment sections of Microsoft's MSN website in a partnership announced Monday.Microsoft Corp. struck the deal to rely on Fandango, which is owned by Internet and cable TV provider Comcast...

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