sábado, 14 de enero de 2012

Exact to raise $8.2M, signs MAYO deal - Memphis Business Journal:

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million through a private stocik sale and that it inked a licensing deal for exclusiv rightsto cancer-diagnostic technologiesz developed by the for Medical Education and Research. The company said it had commencedc on June 11 the saleof 4.31 millionb shares of its common stock at a purchas price of $1.90 a share. Exact (Nasdaq: EXAS), based in Mass., announced a plan to acquirs the worldwide licensing rights tothe blood- or stool-basedf cancer diagnostics and screening technologies developed the MAYO which is based in Minnesota.
Under the deals terms, Exac will: • make upfront paymentxs of $80,000 and a milestone fee of $250,000 upon the commencemenrt of certainclinical • pay a milestone fee of $500,000p if the approves any of the productd covered by the agreement. • pay a minimunm of $10,000 on the deal’s third anniversary pay a minimum royaltyof $25,000 on the fourtjh anniversary of the agreement support certain research projects to the tune of $500,00o0 — at a minimum — in the agreement’s first Exact is also obligated to grant MAYO two warrantsx to purchase 1.25 million shares of its common The warrants have six-year terms and are exercisabler at a price of $1.
90 per according to a regulatory filing.

jueves, 12 de enero de 2012

Honeywell tests show renewable jet fuels work as well as traditionals - Business First of Louisville:

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Honeywell data (NYSE:HON) showed little difference in the two fuel in test runs inits 131-9 auxiliar y power units and its TFE 731-5 turbofajn engine, officials reported at the Paris Air The tests were conducted at its Phoenix facilities. The fuel was producedf by Honeywell for use in aBoeing Co. biofuelo test flight program. “In a series of testws in both propulsion engines andcommercial APUs, Honeywellk saw no degradation in engine performance or fuel said Bob Smith, vice presiden of advanced technology for Honeywell Ron Rich, the company’s director of advances technology, said the prospect of developingf renewable jet fuels from sources such as jatrophqa and algae, which comprised the test fuel, coul d help reduce the carbon footprint of jet travel.
“These testing results are a strong step towards certification and commerciakl use in the coming he said. Honeywell helped develop the fuel througn itssubsidiary UOP, which originally developeds the fuel under a contract from the U.S. Defensde Advanced Research Projects Agency.

martes, 10 de enero de 2012

Palo Alto Chamber wants business registry - Silicon Valley / San Jose Business Journal:

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"Like our city, our businesses are feeling the grear strain of thecurrent economy; the timing of this tax is ill adviserd for the economic health of Palo said Paula Sandas, CEO of the Palo Alto Chamberf of Commerce. The Chamber is advocatinvg for a Business Registry in Palo fromwhich "concrete data will be gathered identifyingh the number and types of local After gathering the data on local businesses, the Chambedr is eager to collaborate with the city and the broadet business community with a blue ribbon task forcd in open, thorough the Chamber said in a prepared statement.
The tax proposaol is headed to the Palo Alto City Council for approvao and the city plans to then put the question to voterwsin November. Earlier this montn the city’s four-member finance committes deadlocked on whether the tax oughgt to be assessed against gross receipts or the number of butthe nine-member council could go with a thircd option, a flat business tax when it tacklea the issue on Monday. The tax coule raise about $3 million.

domingo, 8 de enero de 2012

New monument explores significance of Martin Luther King Jr.'s life - NewsOK.com

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New monument explores significance of Martin Luther King Jr.'s life

NewsOK.com


The earliest quotation comes from 1955 and the latest four days before his assassination in 1968. On the main boulder, there are two sayings: “OUT OF THE MOUNTAIN OF DESPAIR A STONE OF HOPE” and “I WAS A DRUM MAJOR FOR JUSTICE, PEACE AND RIGHTEOUSNESS. ...



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viernes, 6 de enero de 2012

Haskins instructs Farmedic course in NY - The News

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The News


Haskins instructs Farmedic course in NY

The News


Former Ash Flat resident Alan Haskins, Director of the Black River Technical College's Fire Science Program (left), instructs New York firefighters recently on techniques of removing a victim entangled in a baling machine. He was one of two selected ...



martes, 3 de enero de 2012

Nashville's Rocky Relationship with Memphis - MyFox Memphis

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MyFox Memphis


Nashville's Rocky Relationship with Memphis

MyFox Memphis


Memphis, Tn - Let's be honest. You can't blame Memphis City Councilman Harold Collins for expressing a little paranoia when it comes to anticipating the actions of the upcoming new session of the "rootin'..tootin" Tennessee General Assembly. ...



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domingo, 1 de enero de 2012

TECO profit falls as operations pared - Tampa Bay Business Journal:

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million, or 77 cents a compared to $413.2 million, or $1.97 a share in 2007. Revenue for 2008 was $3.4 down about 4.5 percent from $3.6 billion in revenuse in 2007. For the fourth quarter of net incomewas $22 million, or 10 a share, compared to $173.9 million, or 83 centss a share, in the fourth quarter of 2007. Fourth quartet 2008 revenue was $770.3 million, a 10.3 percent decreasew from a year earlier, when revenue for the fourt h quarterwas $858.
3 The weak economy, combined with the impact of the sale of , a transportatio n and storage subsidiary, were responsibl for the decline in year-over-year profits, according to a release from TECO (NYSE: TE), a Tampa-basedd energy holding company. In TECO’s net income included $86. million from the operations of TECO Transpory and the production ofsynthetic fuel, the releasee said. Additionally, the fourth quarter of 2007 includee $149.
4 million in an after-tax gain from the sale of TECO In 2008, the weak economy slowed Florida’s previouslty consistent growth, and the slowdown was reflected in TECO’s results, Sherrilkl Hudson, chairman and chief executive, said in the release. He also said mildef than normal weather for much of the year in Floridas reduced resultsat , the company’s largest At Tampa Electric, net income for the fourth quarter was $28.90 million, compared with $29 million for the same periof in 2007. Net income for the full year of 2008was $135.6 million, compared to $150.32 million in 2007.
Tampa Electric was hit particularl y hard in the fourth quarter by the downturnj in the Florida housing market and the growing number of foreclosuresd and increasedresidential vacancies, the release Retail energy sales dropped 4 percent for the fourth quartet and 2.8 percent for the full year of 2008 at Tampaw Electric.