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Google Adds Warning of 'State-Sponsored Attacks'

June 6, 2012 4:50 am | by JOE McDONALD, AP Business Writer | News | Comments

Google Inc. has added a warning to users whose accounts it believes are the targets of "state-sponsored attacks."Wednesday's announcement on a Google blog says the warning will appear if the company believes users are being targeted by attempts to steal their passwords and break into their...

Kinder Morgan announces 63M stock offering

June 6, 2012 2:50 am | by The Associated Press | News | Comments

Kinder Morgan will make a secondary offering of 63 million shares, the largest operator of natural gas pipelines in the U.S said Wednesday.The stock will be offered by investment funds affiliated with Goldman, Sachs & Co., The Carlyle Group and Riverstone Holdings LLC.Neither Kinder Morgan nor...

Sony Executives Give Up Performance Bonus Pay

June 5, 2012 10:50 pm | by The Associated Press | News | Comments

Seven Sony Corp. executives, including Chairman Howard Stringer and President Kazuo Hirai, are giving up their performance-based bonus pay.The Tokyo-based electronics and entertainment company said Wednesday they were forgoing bonuses for the fiscal year through March because of the massive...


787 Supplier Management Head Appointed New Boeing President in Japan

June 5, 2012 4:40 pm | by Boeing | News | Comments

CHICAGO, June 5, 2012 – Boeing today announced that George Maffeo, vice president of 787 Supplier Management, Boeing Commercial Airplanes will succeed Boeing Japan president Mike Denton, who will retire from the company in October.

Merck says FDA wants more tests of sarcoma drug

June 5, 2012 2:50 pm | by The Associated Press | News | Comments

Merck & Co. said Tuesday the Food and Drug Administration on Tuesday said it will not approve an experimental sarcoma drug unless Merck conducts further testing.Merck has asked the FDA to approve the drug, ridaforolimus, to help repress bone and tissue sarcoma in patients whose cancer is...

Ensign Group acquires Texas facility

June 5, 2012 1:50 pm | by The Associated Press | News | Comments

The Ensign Group Inc. said Tuesday that it has acquired Paris Nursing & Rehabilitation Center, a 150-bed skilled nursing facility in Paris, Texas, for an undisclosed sum.Ensign, based in Mission Viejo, Calif., provides urgent-care, assisted-living, rehabilitative and other services at 105...

Prairie Island nuclear plant back to full power

June 5, 2012 1:50 pm | by The Associated Press | News | Comments

Xcel Energy Inc. says Prairie Island's Unit 2 reactor has returned to full power after a scheduled refueling outage.The St. Paul Pioneer Press ( reports the nuclear generating plant near Red Wing returned to full power about 4 a.m. Tuesday.The 550-megawatt reactor was taken...

GCI, Alaska Communications plan new network

June 5, 2012 12:50 pm | by BECKY BOHRER - Associated Press - Associated Press | News | Comments

Two Alaska telecommunications companies are planning a joint venture that they say will create the fastest wireless network in the state.Tuesday's announcement by General Communication Inc., or GCI, and Alaska Communications Systems Group Inc. comes as Verizon Wireless prepares to enter the...


AerCap to buy back up to $130M shares

June 5, 2012 12:50 pm | by The Associated Press | News | Comments

AerCap Holdings N.V. said Tuesday that it plans to buy back up to $130 million of its own stock in 2012.The airplane leasing company, based in the Netherlands, said the repurchase authorization follows previously announced repurchase programs in 2011 and 2010 of $100 million.Barclay's Equity...

Optimer Pharma hires Webster as new CFO

June 5, 2012 12:50 pm | by The Associated Press | News | Comments

Optimer Pharmaceuticals Inc. said Tuesday it hired Stephen Webster as its new chief financial officer.Webster was CFO of drugmaker Adolor Corp. from 2008 until Adolor was acquired by Cubist Pharmaceuticals Inc. in December.Optimer removed its chairman and fired its CFO and another executive in...

Norfolk Southern marks stock trading anniversary

June 5, 2012 12:50 pm | by The Associated Press | News | Comments

Railroad operator Norfolk Southern Corp. is marking the company's 30th anniversary of trading on the New York Stock Exchange.The Norfolk-based company says it began trading on the exchange on June 2, 1982. To mark the occasion, CEO Wick Moorman rang the closing bell in New York City on...

Sector Wrap: Health care service stocks

June 5, 2012 12:50 pm | by The Associated Press | News | Comments

A Stifel Nicolaus analyst began covering several health care service companies Tuesday and placed a "buy" rating on shares of health care staffing company Team Health Holdings Inc.Analyst Robert Mains said Team Health is winning more new contracts and has become more aggressive in buying...

Eyes on to Mobile as Video Game Expo Starts in LA

June 5, 2012 12:50 pm | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | News | Comments

Games for smartphones, tablet computers and Facebook are becoming essential for major video game companies even as the industry's largest U.S. trade show remains largely a showcase for their latest flashy console titles.The Electronic Entertainment Expo conference kicked off in Los Angeles on...

Harsco promotes pair of executives

June 5, 2012 11:50 am | by The Associated Press | News | Comments

Industrial services provider Harsco Corp. said Tuesday that it promoted Mark Kimmel to be senior vice president and president of its global infrastructure group.Verona Dorch will move to Kimmel's current position of vice president, general counsel and corporate secretary. Both appointments are...

History network gets rare victory over broadcast

June 5, 2012 10:50 am | by DAVID BAUDER - AP Television Writer - Associated Press | News | Comments

History's "Hatfields & McCoys" turned back singers, dancers, reruns and anything else broadcast television networks could throw at it.The cable network special was the most-watched event in prime-time television last week, not just once but three times, the Nielsen company said. The third part...


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