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Liz Claiborne shares soar on analyst's forecast

May 4, 2009 11:51 am | by The Associated Press | News | Comments

NEW YORK (AP) — Liz Claiborne Inc. shares soared Monday after a Goldman Sachs retail analyst upgraded them to a "buy" rating and raised his target price, saying a significant recovery is at hand, fueled by leaner inventories, debt reduction and the overhaul of its namesake brand.Goldman Sachs...

I've Got A Fever

May 4, 2009 11:45 am | by David Mantey, Editor, PD&D | Blogs | Comments

Go ahead and take my picture. You won’t glean much from it. I’m swine flu free, but I just put in some time during my layover getting acquainted with the bartender closest to the bag check so I understand the red flags, bells and whistles I’m firing up as I pass through security.

Zero Cogging

May 4, 2009 11:41 am | Schneeberger, Inc. | Product Releases | Comments

Schneeberger introduces a linear motion driven actuator, P3. 


Gold prices rebound as dollar slips

May 4, 2009 11:30 am | by SARA LEPRO - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Gold prices rebounded Monday, moving higher as the dollar slipped against other currencies.The dollar was lower against the British pound and the euro on Monday as demand for the safety of the U.S. currency subsided along with swine flu fears. Last week, the dollar had gained on...

User-Programmable SPDT Switch

May 4, 2009 11:27 am | Burger & Brown Engineering | Product Releases | Comments

Burger & Brown Engineering introduce tracer electronic flowmeters that display flow, temperature, BTU’s/min and FCI (Fluid Characteristic Indication) or Turbulent Flow.

SEC mulling new money-market rules

May 4, 2009 11:05 am | by MARCY GORDON - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — The Securities and Exchange Commission is considering how regulation of money-market mutual funds could be tightened to better protect investors, the head of the agency said Monday.SEC Chairman Mary Schapiro said that in the wake of a calamity last fall — when a $60 billion money...

3 States Controls

May 4, 2009 11:01 am | Product Releases | Comments

Precision Motion Controls  introduces the SMD drive, a small form factor microstepping drive with dimension of 4” x 3” x 1.5”. The drive is intended for cost conscious users with limit space environments.

Chesapeake defends CEO pay package

May 4, 2009 10:45 am | by MARK WILLIAMS - AP Energy Writer - Associated Press | News | Comments

COLUMBUS, Ohio (AP) — Chesapeake Energy on Monday again defended a $112.5 million payout for its CEO, calling it a "carefully tailored" incentive package tied to company performance.At least two investor groups have challenged the package awarded to co-founder Aubrey McClendon at a time when...


Earnings roundup: Sprint Nextel, PSEG

May 4, 2009 10:45 am | by The Associated Press | News | Comments

Among the earnings stories for Monday, May 4, from AP Financial News:KANSAS CITY, Mo. (AP) — Despite a widening net loss, Sprint Nextel Corp. finally got some good news in its long recovery Monday, as a big surge in "prepaid" customers offset another nightmarish drop in valuable subscribers who...

Fed says more banks tighten home loan standards

May 4, 2009 10:29 am | by JEANNINE AVERSA - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — A larger share of banks has made it more difficult for people to obtain home mortgages over the last three months even as demand has grown, the Federal Reserve reported Monday.The Fed's new quarterly survey found that about 50 percent of U.S. banks tightened their lending...

Thin Profile

May 4, 2009 10:25 am | Pacor Inc. | Product Releases | Comments

PACOR have partnered with Aspen Aerogels to distribute and fabricate revolutionary insulation materials made from nanoporous aerogels. 

Sears looks to Web sites, new strategy for growth

May 4, 2009 9:43 am | by ASHLEY M. HEHER - AP Retail Writer - Associated Press | News | Comments

HOFFMAN ESTATES, Ill. (AP) — The chairman of Sears Holdings Corp. said Monday that the retailer is working to change how customers interact with it in stores and online.Speaking at an annual shareholder's meeting at Sears' suburban Chicago headquarters, financier Edward Lampert said the company was...

NBC takes its medicine: New nurse, paramedic shows

May 4, 2009 9:38 am | by LYNN ELBER - AP Television Writer - Associated Press | News | Comments

LOS ANGELES (AP) — Jay Leno's bid for prime-time triumph next season will be backed by nurses, paramedics and filmmaker Ron Howard.NBC is adding four new dramas to its 2009-10 schedule, including a pair of medical shows and the Howard-produced "Parenthood," based on the 1989 movie he directed, the...

Digimarc reports 1Q loss after spin off

May 4, 2009 9:28 am | by The Associated Press | News | Comments

BEAVERTON, Ore. (AP) — Digimarc Corp. said Monday that it booked a loss in the first quarter as its expenses increased following the company's sale of its digital watermarking business to L-1 Identity Solutions Inc. last August.For the quarter that ended March 31, Digimarc losses totaled 809,000,...

AP Interview: GM CEO says bankruptcy avoidable

May 4, 2009 9:22 am | by TOM KRISHER - AP Auto Writer - Associated Press | News | Comments

DETROIT (AP) — With just a month left to check off an almost insurmountable list of restructuring moves, General Motors Corp.'s new CEO says it's still possible that the company can finish everything and avoid following Chrysler into bankruptcy.But don't think Fritz Henderson, who took over the...


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