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Congressman Tim Holden Tours Fidelity Facility

May 7, 2009 11:48 am | News | Comments

Rep. Tim Holden (D-17th Dist.) visited Fidelity Technologies Corporation (Fidelity) in Reading, PA recently, touring the manufacturing facility where Fidelity will produce a power distribution system designed to safely distribute power to mobile compounds in the field.

Gold prices inch higher as dollar shows weakness

May 7, 2009 11:42 am | by SARA LEPRO - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Gold prices inched higher Thursday as the dollar showed more weakness and stocks tumbled on Wall Street.Energy and agriculture futures were also slightly higher.Gold prices benefited from some weakness in the dollar, which lost ground against the Japanese yen and the euro after the...

Elsevier unit failed to disclose journal sponsors

May 7, 2009 11:42 am | by The Associated Press | News | Comments

NEW YORK (AP) — Publisher Elsevier (EL-seh-VEER) says an Australian unit contracted with drugmakers several years ago to publish what appeared to be medical journals that didn't disclose who had paid for them.Those publications included one that heavily favored drugmaker Merck's osteoporosis drug...

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Company Joins Windows Embedded Partner Program

May 7, 2009 11:12 am | News | Comments

Tormach , announces that it has joined the Microsoft Windows Embedded Partner Program.     

2Q digital growth slows at Warner Music

May 7, 2009 11:11 am | by RYAN NAKASHIMA - AP Business Writer - Associated Press | News | Comments

LOS ANGELES (AP) — Warner Music Group Corp. Chief Executive Edgar Bronfman criticized digital music efforts Thursday, as the recording label reported online sales growth slowed, losses widened and wrote down investments in two Internet startups.Warner said digital music sales in the second quarter...

Consumer credit falls at fastest pace in 18 years

May 7, 2009 11:06 am | by MARTIN CRUTSINGER - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — Consumer borrowing plunged in March at the fastest pace in 18 years as Americans put away their credit cards and hoarded cash amid the worst recession in decades.The Federal Reserve says consumer borrowing dropped 5.2 percent in March, the biggest decline since an 8.1 percent fall...

Fully-managed 10 GigE Switches

May 7, 2009 10:55 am | Pdd | Product Releases | Comments

ACT/Technico offers Interface Concept's fully-managed IPv4/IPv6 ComEth4300a 10 Gigabit Ethernet (GigE) switches with features as powerful as those of an IP Carrier Class Router

Single-Piece Design

May 7, 2009 10:52 am | Zago Manufacturing Co Inc | Product Releases | Comments

Z?GO Manufacturing Company introduces a new line of silicone rubber switch boots for toggle switches, push button switches and rotary switches that will ensure the long-lasting operation of the equipment for which they are used.

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1.8 LPM Flow Rate

May 7, 2009 10:40 am | KNF Neuberger, Inc. | Product Releases | Comments

The new KNF NMS020 micropump introduces an efficient and reliable solution to transfer, evacuate, or compress air or gases for analytical, medical, and all portable instruments where space is at a premium.  

10 Micron Repeatability

May 7, 2009 10:22 am | H2W Technologies | Product Releases | Comments

H2W Technologies introduces 2-axis linear stepper motor gantries that offer low force, hight speed, high repeatability, zero backlash, and long system life.  

Last-minute deals on 5 classic Mother's Day gifts

May 7, 2009 10:10 am | by MAE ANDERSON - AP Retail Writer - Associated Press | News | Comments

NEW YORK (AP) — With Mother's Day just days away, there are plenty of options left for procrastinators, but most involve shelling out major bucks. This year, though, as retailers chase dollars amid the recession, some low-price options are available.Here's how to get deals on five classic gifts:1....

Mortgage rates rise, shy of record low

May 7, 2009 10:10 am | by ALAN ZIBEL - AP Real Estate Writer - Associated Press | News | Comments

WASHINGTON (AP) — Rates on 30-year mortgages inched up this week after matching an all-time record low a week earlier.Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages rose to 4.84 percent this week, down from an average of 4.78 percent last week....

Zurich Financial reports 75 pct drop in 1Q profit

May 7, 2009 9:50 am | by The Associated Press | News | Comments

ZURICH (AP) — Swiss insurer Zurich Financial Services Group on Thursday reported a 75 percent drop in first quarter net profit after booking heavy investment losses.Net profit amounted to $362 million compared to $1.43 billion in the same quarter last year.Analysts judged the results as solid, if a...

MetroPCS 1Q profit rises, tops forecast

May 7, 2009 9:40 am | by The Associated Press | News | Comments

DALLAS (AP) — Wireless carrier MetroPCS Communications Inc. said Thursday its first-quarter profit jumped 11 percent, helped by a growing subscriber base as it expanded into the New York City and Boston areas.But revenue fell below Wall Street expectations, sending shares down $1.73, or 9.4...

Venezuela to pay Ternium $1.97 billion for Sidor

May 7, 2009 9:34 am | by The Associated Press | News | Comments

CARACAS, Venezuela (AP) — A subsidiary of the Argentine-Italian conglomerate Techint announced Thursday that it has agreed to turn over its 59.7 percent share in steel maker Sidor to Venezuela for $1.97 billion.Venezuelan state holding company Corporacion Venezolana de Guayana paid $400 million of...

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