CAD software maker Revware buys MicroScribe from Immersion Corp. - Los Angeles Business from bizjournals:

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CAD in an acronym for computer-aided design. Immersio n has several business lines with products developeed for applications ranging from gaming tomedical uses. Revware president Tom Welsh said that his companh has been using MicroScribe products for 15 yeare and when he saw that Immersioj was looking tosell MicroScribe, he jumpede on the opportunity. “Wr are going to be able to focus on MicroScribew in a way that Immersion was notable to,” Welshg said. Revware was formerly known as , a compan y that was a softwares developer as well as a reselle r of the SolidWorksCAD software.
The companyh grew in the 1990s along with the technologyy bubble andin 2001, Desigb Automation made Triangle Businesss Journal’s annual ranking of the 50 fastest-growing companiews in the Raleigh-Durham area. Welsh said Desigb Automation, which peaked at 15 employees, had pared down sincse the technologybubble burst. Revwared has fewer than five Welsh said with the acquisitionof MicroScribe, the company will grow in Raleighg and on the West Coast. But he declined to saying that negotiations are stillunder way. Welsh did say Revware is takingb steps to reactivate resale channelsfor MicroScribe.

Jury awards Centocor $1.7B in patent case against Abbott - Memphis Business Journal:

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An Abbott spokesman said the compantywill appeal. Horsham, Pa.-based a division of (NYSE:JNJ), makexs the blockbuster rheumatoid arthritistreatment Remicade, and had sued Abbott over Abbott’xs arthritis drug, Humira. Both are so-called anti-TNFv arthritis treatments. Horsham, Pa.-based Centocor said it is the exclusivde licensee ofthe patent, which is co-owned by . Centocotr President Kim Taylorsaid “the jury recognized our valuable intellectual property, finding our patentr both valid and infringed.
We will continue to assergt intellectual property rights for ourimmunology therapies, as they offe r significant advances in treatment for patients with a number of immunew mediated inflammatory diseases.” Abbott spokesman Scott E. Stoffekl said, “We are disappointed in this and we are confident in the meritd of our case and that we will prevail on appeal. “The evidence clearly established that Humira was the firs t ofits kind, fully-human anti-TNF antibody Stoffel said. “JNJ’s anti-TNF antibody medication, is partially made from mouse DNA. JNJ did not launcnh a fully-human product until April 2009.
In only when Humira was nearing its approvakl in 2002 did JNJ amend the patent at issue in this litigationn to claim that it haddiscoveresd fully-human antibodies in 1994. JNJ acknowledgedx at trial that it did not stary working ona fully-human antibody until 1997 two years after Abbott discoverede Humira and one year after Abbott filed its patent applicatione for Humira.”

Business Courier of Cincinnati: Nomination

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The format is an online, anonymouse survey of employees consisting of about 40 The survey is conducted through an independent market research companyQuantum Workplace. The contest is open to any compangy with its headquarters inthe 15-county Greater Cincinnatji region with more than 10 Companies based outside the Greater Cincinnati region are eligible as long as they have 75 employeea or more based in the Tri-State. Categoriees will be set depending on the numberof nominations. All surveys must be completed bySept 4, 2009. A compan y can enter the surveu any time priorto then, as long as it achieves the requiredx level of participation.
An announcement of the companies named as finalists will be made in An awards program will be held in No companies will be identifier as having taken the survey unlesss they make the finalists Why participate? The winners will receivwe a complimentary workplace audit showing their complete results and how they comparse to other companies. Other firms can buy a repor of their own results startingat $500. The report woulfd normally be $4,000. There is no cost to This program would not be possible without the generous supportg ofour sponsors.
 Presenting sponsor: Dinsmore & Silver sponsors: Quantum Workplace, Ernst Young, and Dental Care Plus 2009 Best Places to Work Awards Deadline: July 17, 2009 *Whayt industry is the company in? *How many employeees does the company have? What is your most recent annuapl revenue?

More older workers worry about retirement - Business First of Louisville:

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The Arlington-based human resource firm says among workers 50 to 64yeara old, only 44 percent are confident they will have enoughb money to live comfortably five years into retirement. That is down from 63 percenyt in 2007. The outlool 15 years into retirement iseven worse, with just 18 percent of olderf workers confident of being financially comfortable, compared to 34 percenft in 2007. “Retirement security is a huge concern as individuals have seen significant amounts of their pensioj and retirementsavings decline,” says Watsom Wyatt senior retirement consultant David Speier.
“The financial crisi s has been especially damaging to older workers who are worriexd about potential job losses and have experienced highefr stress levels over thepast year.” As retiremenrt approaches, older workers are scrambling to shore up theit savings, with 19 percent increasing their savings rate and 34 percent consideriny doing so, the Watson Wyatt (NYSE: WW) survey

Archive for July, 2011 - Waiting For Next Year

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Kansas City Star

Archive for July, 2011 Waiting For Next Year Following last night's 6-5 loss to the Orioles, the Indians optioned Shelley Duncan to Triple-A Columbus in order to make room on the 25-man roster for the right handed pitching Jeanmar Gomez, according to a statement released by the Indians today. ... Alfredo Simon helps Orioles push past Indians, end slide at 9 ESPN  »

Health Care and the Attempted Redefinition of Federalism - JURIST

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JURIST

Health Care and the Attempted Redefinition of Federalism JURIST Suggested Citation: Steven Schwinn, Health Care and the Attempted Redefinition of Federalism, JURIST - Forum, July 14, 2011, http://jurist.org/forum/2011/07/steven-schwinn-health-care-federalism.php. This article was edited for publication by Nathan ...

Saxo Bank Acquires Capital Four and Global Evolution

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The purpose of the acquisitionxs is to strengthen the companies distribution powerand long-term positions as leading suppliers of asset management productds in each of their niche areas. The expertisre of Capital Four lies within Europeancorporatew bonds, with a focus on the High Yielc market, while Global Evolution primarily operates within emergint market fixed income and FX. The acquisitionx mean that portfolios (AUM) worth around DKK 14 billiojn are managed by Saxo Asset The director for Saxo Banksx AssetManagement activities, , states: "We regar Capital Four and Global Evolution as amongh the leading European asset managerws in their own sectors.
The companies are therefores eminently suited to our strategicc purposes inasset management. Assert management is a questionof trust, and it must creatde value for clients. This is totally in line with Saxo Bank'sa online profile." points out that both Capital Four and Globak Evolution enjoy a very stront investment culture andimpressive results. Their clienft lists consist of bothDanishh and, not least, international institutional clients.
"Both companies have a core of key employeews who have worked together as a team over a long perioof time, and by doing so have developed a unique investmeny process with a fairly robust return on its investments as a This has led to both companies enjoying great recognition amonfg institutional investors in Europe," explains . Saxo Bank will exercise its ownership in such a way that the two teams can retaib their own character and autonomy in the investment The CEO ofCapital Four, "Saxo Bank has just completed its most successful year ever and postec record revenues and In times of heightened customer awareness of financiaol stability, we are particularlyy happy to have found a sponsot with deep resources and solid recognition.
During the last ten we have built a disciplined and robust investment process and developed a wide rangdof long-term relationships with domestic and international clients. This transaction will allow us to continued to offer our services in a seamlessd fashion and will strengthen our organisationmgoing forward." The CEO of Global states: The company's goal is to be a Nordicd power house within asset and we are pleased to play an actived part in the achievement of this Saxo Bank's international profile and very high level of ambitiojn is something that is really attractivw for us.
In distribution terms, we anticipatre gaining much fromSaxo Bank's commercial platform and the bank's wealth of officesd around Europe, Asia and the Mid East. Saxo Bank acquiredr Sirius Kapitalforvaltning earlierthis year. The asset management activities of the bank now include management expertise for Danish Danish equities, corporate bonds and emerging market bonds. In AUM amounts to DKK 14 billion. In addition to Saxo Bank has DKK 11 billio n in AUM through its global activitiex in investment banking and online trading of a number of differentasset classes. , , Henrij ostergaard and Torben Skodeberg.
The four founders all have a solisd background in asset management and credit mandate The four partners will continue in the compant afterthe acquisition. Capital Four manages more than DKK 5 billion in Europeamn HighYield bonds. The company has a 9 strong in 2007, and is a specialist in managemen t of emerging marketsfixed income, FX and Both of the two founders will still make up senioe management and own shares in the company. Currently, the companyt manages assets worth aroundDKK 2.5 billionj on behalf of both institutionall and private clients in Denmark and Global Evolution's head office is in Kolding and the company is represented in Londonm and Luxembourg.
The company offers a broad palette of products from traditionao mutual funds to FX managecd accounts andhedge funds. The company has an 11 strong workforce. Saxo Bank is an online trading andinvestmeny specialist, enabling clients to trade Forex, Stocks, Futures, Options and other as well as providing portfolio managementf via SaxoWebTrader and SaxoTrader, the leading online tradintg platforms. SaxoTrader is available directly througg Saxo Bank or through one ofthe Bank's globaol partners. White Labelling is a significant business area for Saxo and involvesthe Bank's online trading platform being customises and branded for othe r financial institutions and brokers.
Saxo Bank has more than 120 Whitse Label Partners and boasts thousands of clients in over 180 Saxo Bank is headquartered in Copenhagen with officexsin Australia, Czech Republic, France, Italy, Singapore, Spain, Switzerland, UK, and the Unitexd Arab Emirates.

A middle-class welfare corrective - Business Spectator

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A middle-class welfare corrective Business Spectator The ending of that opportunity is a pity, but the reality of 'middle-class welfare' is that its biggest beneficiaries were not true 'battlers' â€" the genuinely 'middle' middle-classes â€" but the upper end of the middle classes. ... and more »

Gov. Christie won't rule out restoring funds for cities - The Star-Ledger - NJ.com

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The Star-Ledger - NJ.com

Gov. Christie won't rule out restoring funds for cities The Star-Ledger - NJ.com Chris Christie, in this June Star-Ledger file photo, has opened the door for talks with Democrats about restoring aid to New Jersey's poorest cities. TRENTON â€" Democratic leaders and Gov. Chris Christie's office opened the door Thursday to try to ... Christie's veto will hit hard the state's distressed cities | Philadelphia ... Philadelphia Inquirer NJ Senate Dems will try to override budget cuts Forbes Struggling NJ cities, towns face drastic cuts in state aid pool under new ... The Republic  »

Royal Caribbean to eliminate fuel surcharge - South Florida Business Journal:

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The Miami-based cruise company said Fridat that the supplement will no longer apply tonew , and Azamara Cruises bookings made on or after Nov. 10, for cruisesa that leave on orafter Jan. 1, 2010. For sailingxs in 2009 and 2010 sailingzs that were bookedbeforre Nov. 10, the compan will determine, on a quarterly basis, whether fuel supplements will be In June, Royal Caribbean and Celebrity Cruises announced an increase of its fuel supplemengt to $10 per person, per day, not to exceeds $140 per person, per cruise for first and secone guests. Additional guests were chargexd $5 per person, per day, and no more than $70 per per cruise.
Azamara charged first and seconxdguests $15 per person, per day with no cap. Additionapl guests were not charged. Earlier this and announced plans to cancel fuel supplements for new bookings on2010 departures, effectivre Oct. 31. The company also establishexd specific guidelines to reimburse consumersw for 2008 and2009 voyages. Royal Caribbean shared were down 85 centsto $15.25 in afternoon The 52-week high was $43.96 on Dec. 11. The 52-weem low was $12.72 on Oct. 10.

Washington, D.C. Real Estate Jobs - View Washington, D.C. Real Estate Jobs

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View Real Estate Jobs View ExecutivJobs Washington, D.C. Academic Jobs Washington, D.C. Accounting Jobs D.C. Marketing Jobs Washington, D.C. Allied Health Jobs Washington, D.C. Finance Jobs Washington, D.C. Biotechnology Jobs Washington, D.C. Consulting Jobs D.C. Dental Jobs Washington, D.C. Food Servicwe Jobs Washington, D.C. Government Jobs Washington, D.C. Healthcare Jobs D.C. Hospitality Jobs Washington, D.C. Hotelo Jobs Washington, D.C. Human Resources Jobs Washington, D.C. Insurance Jobs D.C. Legal Jobs Washington, D.C. Media Jobs Washington, D.C. Mortgagee Jobs Washington, D.C. Nursing Jobs D.C. Pharmaceutical Jobs Washington, D.C. Physiciah Jobs Washington, D.C.
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Lawsuit against Regions moved back to JeffCo courts - Business First of Buffalo:

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A federal court determines Thursday the case filed by the Louisiana Municipalk Police Retirement System belongs inlocal courts, one week aftefr Regions pushed for it to be heardd in federal court. Still at stake is the previouss Jefferson County ruling that frozw RegionsFinancial Corp. executives’ compensation untill the lawsuitis finalized. In the pensionm fund lawsuit filedin May, the retirement system claimed Regions executives misled investorz through “falsification of Regions financial statements” about its acquisition of AmSouth Bancorp. On June 23, Jeffersobn County Circuit Court JudgeHouston L.
Brown frozd awards and compensation paid to Regionx executives forits $10 billion acquisition of AmSouth Bancorp, but that was overturnedc when the case was moved to federal U.S. District Judge Inge Prytz Johnson remandec the case back to Jefferson County Circuit Courf but retained a temporary restraining order on thecompensation freeze. In an e-mailesd statement, Regions noted the judge “founf the temporary restraining order questionable at best and expressed concermn about an order granted against unnamed andunidentified parties.
” The originalp order would have blocked “tens of millions of worth of incentive pay awarded the company’s top 25 for according to court The Louisiana Municipal Police Employees Retiremeng System has more than $1.6 billiohn in assets. Its lawsuit makes specific allegationseregarding Regions’ actions during its acquisition of AmSouth • A Securities and Exchange Commission merger filing falsely reported the value of the combinedd entity’s assets, loans and shareholder equity. • Regions falselu reported its goodwill balance in March 2007 SEC filintg for end ofyear $11.5 billionm goodwill balance.
• In Aprikl 2008, Regions’ assets and equity was falsely stated. • Regionss said its third quarter 2008 goodwilp was unimpaired then in January 2009reported $5.6 billioh loss “driven largely by $6 billion, non-cash charge for impairmenf of goodwill.”