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Ciena shares up despite mixed take from Jefferies, APFN

May 19, 2009 11:18 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of Ciena Corp. jumped Tuesday after a Jefferies & Co. analyst raised the company's price target, anticipating strong second-quarter results.Jefferies analyst George Notter kept his "Hold" rating on the stock, however.He told clients in a note, "We expect the organization will...


May 19, 2009 11:18 am | News | Comments

Dassault Systèmes (DS)  announces the availability of Abaqus 6.9, its technology-leading unified finite element analysis (FEA) product suite from SIMULIA. 

Senators Snowe, Collins Announce More Than $2 Million For City Of Lewiston

May 19, 2009 11:18 am | by The Associated Press | News | Comments

xfdpr SNOWE-$2M skedPRESS RELEASEMay 15, 2009OLYMPIA J. SNOWESENATORSENATESENATORS SNOWE, COLLINS ANNOUNCE MORE THAN $2 MILLION FORCITY OF LEWISTONCQ Transcriptions, LLC1255 22nd Street N.W.Washington, D.C. 20037Transcript/Programming: Tel. 301-731-1728Sales: Tel. 202-419-8500 ext...


Feds say Mo. could be ineligible for jobless funds, 1st Ld-Writethru, APFN

May 19, 2009 11:12 am | by DAVID A. LIEB - Associated Press Writer - Associated Press | News | Comments

JEFFERSON CITY, Mo. (AP) — Missouri's attempt to draw down $133 million in federal stimulus money for unemployment benefits may not pass muster with the federal government.On their final day in session, Missouri lawmakers on Friday passed a bill expanding eligibility for jobless benefits in an...

Gov. signs domestic violence, other safety bills, 1st Ld-Writethru, MD

May 19, 2009 11:12 am | by BRIAN WITTE - Associated Press Writer - Associated Press | News | Comments

ANNAPOLIS, Md. (AP) — To prevent senseless killings like one that touched a key member of his administration, Gov. Martin O'Malley signed legislation on Tuesday requiring a judge to confiscate firearms from people who have final protective orders filed against them.The measures were among several...

General Dynamics team gets $3 million Army order, APFN

May 19, 2009 11:12 am | by The Associated Press | News | Comments

SCOTTSDALE, Ariz. (AP) — General Dynamics C4 Systems and a group of other companies have received a $3 million Army order to integrate a signals intelligence system into vehicles designed to protect against mines.Medium Mine Protected Vehicles equipped with the Prophet Enhanced system will be...

HL:Canadian church leaders to scrutinize social implications of Alberta oilsands@

May 19, 2009 11:12 am | by John Cotter@Associated Press | News | Comments

EDMONTON — Canadian church leaders are going to take a hard look at how Alberta's oilsands are affecting aboriginals, communities and the environment.An ecumenical delegation wants to determine if the oilsands are environmentally sustainable and are being developed in a socially responsible way,...

Tax plan advances, 5th Ld-Writethru, NV

May 19, 2009 11:11 am | by BRENDAN RILEY - Associated Press Writer - Associated Press | News | Comments

CARSON CITY, Nev. (AP) — Nevada lawmakers moved ahead Tuesday with a nearly $7 billion state budget and elements of a revenue plan to fill a $1.1 billion hole in the budget for the next two fiscal years.After hours of closed-door meetings involving Democrat and Republican negotiators from the...


Medtronic to cut up to 1,800 jobs after profit dip, 10th Ld-Writethru, US

May 19, 2009 11:06 am | by DAMIAN J. TROISE - AP Business Writers - Associated Press | News | Comments

Medical device maker Medtronic said Tuesday it would cut up to 1,800 employees after its fiscal fourth-quarter plunged 69 percent on slipping sales and restructuring and other charges.Its adjusted earnings matched Wall Street expectations, but shares fell after the company forecast disappointing...

Corp. Announces Cash Dividend Business Editors/Banking Writers

May 19, 2009 11:06 am | by The Associated Press | News | Comments

PHILADELPHIA-- (BUSINESS WIRE) — May 19, 2009-- SE Financial Corp. (SEFL) announced today that its Board has declared a cash dividend of $.03 per share payable on or about June 16, 2009 to stockholders of record as of June 2, 2009.The cash dividend is being paid to provide a return to stockholders...

HL:Tamil-Canadian group says Ottawa's offer to help Sri Lanka needs strict conditions@

May 19, 2009 11:06 am | by Tamara King@Associated Press | News | Comments

TORONTO — A Tamil-Canadian group welcomed Canada's pledge of humanitarian aid for war-torn Sri Lanka on Tuesday, but also criticized the offer as weak because it lacks strict conditions to ensure the help doesn't end up in the hands of the South Asian country's government.Foreign Affairs Minister...

RTA head says transit funds good, but not enough, 1st Ld-Writethru, IL

May 19, 2009 11:06 am | by MICHAEL TARM - Associated Press Writer - Associated Press | News | Comments

CHICAGO (AP) — Stimulus money now being spent on big-city transportation networks, while helpful, isn't enough over the long haul to keep aging systems from falling into further disrepair, a top Chicago transit agency official said Tuesday.Chicago-area commuter trains, subway and buses received...

Tenn. bill to allow speeders to be fingerprinted, 2nd Ld-Writethru, TN

May 19, 2009 11:06 am | by LUCAS L. JOHNSON IIAssociated Press | News | Comments

NASHVILLE, Tenn. (AP) — Supporters of legislation that would allow traffic violators in Tennessee to be fingerprinted say it will save local governments money and catch more criminals, but one lawmaker believes the measure is invasive.The proposal overwhelmingly passed the House earlier this month...

Consumer Focus II Feature Releases Feature Editors

May 19, 2009 11:06 am | by The Associated Press | News | Comments

SAN FRANCISCO-- (BUSINESS WIRE) — May 19, 2009-- The following releases focus on the topic Consumer Focus II:All stories moved on May 19, 2009.Retail Therapy for Plastic-Heavy Wallets Source: Intellicheck Mobilisa, Inc.SCOTTSDALE, Ariz.-- New Blimpie Pretzel Bread and Grilled Subs Just Got...

Mercantile Bancorp Announces Results of Annual Meeting

May 19, 2009 11:06 am | by The Associated Press | News | Comments () —Mercantile Bancorp, Inc. (NYSE Amex: MBR) today announced the results of its annual meeting of stockholders held May 18. Shareholders elected eight directors, ratified the selection of independent auditors and participated in an open question and answer session.At...


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