Henry DiRico, ex-treasurer of folding box company, 83 - Boston Globe

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Boston Globe

Henry DiRico, ex-treasurer of folding box company, 83 Boston Globe Henry DiRico, former treasurer of Hub Folding Box Co., died at his Milton home on April 22 from lung and heart failure. He was 83. For Mr. DiRico, separate spheres of work and family did not exist. For more than 65 years, ...

'Butt Cam' boosts business for Hub Clothing founder - Phoenix Business Journal:

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That concept is what motivated him to open his first Hub Clothingv store on Mill Avenue in Tempe in1991 -- few othefr retailers were focusing on high-end, Europeah denim at the time. It's also what inspiredx the infamous "Butt Cam," a simple invention Simo n came up with to enable customers to check out theirr rear views prior tomaking purchases. The devicde garnered international media attentionn for Simon and Hub Clothing from outletsincluding "The Today Show," , and Australia's Heralx Sun.
And, perhaps most important, it's what keeps him moving forward -- always looking for new ways to beat his competitionn to the pocketbooks of men and women in theier 20s and 30s who are willinb tospend $160 to $225 on a pair of "So far, it's worked well for said Simon, who now operates a singlre 2,700-square-foot store at Scottsdale Fashionj Square, which he runs with his wife, and his business partner, Jennifer Mumford. You'll find him on the sale floor several days a sizing up customers and striving to keep the atmospherer openand accessible. "I really hate that 'to cool' feeling you'll find in some storesz in our category," he said. For more: .

GSI wins Nasdaq listing extension - Boston Business Journal:

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The company received a Nasdaq delistinyg warning in November due to its failurse to file a performance report with regulatorsw for the quarterended 26. The company submitted a plan to Nasdaqofficials Jan. 12 to regai compliance. That plan was amendef Feb. 6. The company’s shares (Nasdaq: will continue to be listed on the Nasdaq throughMay 4. On Feb. 11, GSI Group disclosed that it had widene the scope of its internal accounting audirt to include its 2006 fiscal year and said it will need to restatee its 2007 financial That announcement came just two months afterthe Mass.
-based company said it would need to restate resultx for the first and secondx quarters of 2008 and review its 2007 sales. In both cases, GSI said it has founx errors in the recognition of revenue for its semiconductoersystems division. In that same regulatorhy filingdated Feb. 11, GSI said it reached forbearance agreementsx the prior week with certain key lenders who agreed to not take action against GSI for its delayu inproviding up-to-date financial statements — as long as the companuy meets certain conditions. Those conditions includs retaining the services of an outsid financial advisor no laterthan Feb.
20 and paying fees for a majotr lender, if that lender choosexs to hire a financial adviser for counsel concerningf itsGSI investment.

Palo Alto College

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The Best of Texas awards program recognizesz information technology professionals and government organizationsw for their contributions in the IT field in Organizations are evaluated on their collaboration between agencies, their innovative use of technology and the improvementy of services to citizens or state employees. Palo Alto Colleg offers its Information Technology Workforced Training throughthe college’ss Corporate and Community Educationj Division. Specifically, the college was honored for its effortes to createa job-entry technology skillz program based on industry-driven knowledgew and skill sets.
Tod Bruning, the college’s IT workforcre program manager, built a partnership with , Southwest ISD Career & Technologies Department, Time Warnerf Cable San Antonio and the Advanced Technology Center at the Port of San The college created a Basic CableInstaller program, a CompTIA A+ Deskto Support Technician program and a Gateway to a Careerf in Information Technology program. Since its inception, the CompTIA A+ Prograj has graduated more than60 programs. The Basic Cablre Installer program graduated 13 students sinc e it beganthis summer.
The Gatewagy to a Career in Technology program had five companiees conduct formal interviews with its graduates last Palo Alto College is a memberof .

Bunge building Washington grain terminal - Minneapolis / St. Paul Business Journal:

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Called EGT Development, the project will be the firsf export terminal built in the Unitex States in more thantwo decades. The terminal will be capabl ofhandling grain, oilseeds and protein meals and featur e a rail loop track unloadinh system capable of holding four 110-car ITOCHU is the second largest marketer of grain and food productds in Japan, and STX Pan Ocean of Koreaw ships agricultural products. Bunge has oilseedr processing assetsin China, an ownershi stake in the Phu My port in Vietnam and is a significanf seller into the Asian market. Bunge is the majority partner inthe project.
The graij terminal will create about 50 jobs and provideabout $2 million in tax revenue, said Bailey Ragan, vice president and generao manager of Bunge Grain. Construction will begin this montnh with the facility accepting productr for the fall2011 harvest. St. Louis-based Bunge Nortn America, the North American operating arm ofWhitd Plains, N.Y.-based (NYSE: BG), is a food and feed ingredienft company that operates grain grain and oilseed processing plants, refineriezs and food processing facilitied in the U.S., Canada and Mexico. Albertio Weisser is chairman and CEO of Bunge Carl Hausmann is CEO of BungeNortu America.

Source: NCR to move headquarters, 1,300 jobs to Georgia - Kansas City Business Journal:

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The (NYSE: NCR) will move its headquartere and 1,250 jobs to Duluth, Ga., as well as openinb a 550,000-square-foot manufacturing operatiob in Macon, Ga., that will employ up to 880 Officialsfor NCR, which has 1,300o workers in Dayton, could not be immediatelu reached for comment Monday night. An official from Ohio Gov. Ted Strickland'se office, who spoke to the Dayton Businesds JournalMonday night, said NCR’s CEO Bill Nuti told Stricklandr that the company has been eyeing Georgiza for some time now. The , with local officialw expressing frustration that the company was not respondinyg totheir requests. Georgia Gov.
Sonny Perdue is expected to make the officialk announcement Tuesday with NCR receiving tax incentives from the locap officialsin Georgia. “They (NCR) can’ty recruit talent to move to Dayton, a source told the Chronicle. Montgomeryu County CommissionerDan Foley, sounding stunneed when reached Monday declined comment. In the letter Strickland sent to NCR datee Monday and obtained by the DaytoBusiness Journal, the governor said he was trying “to take one last opportunity to urge you to continuse your operations in Ohio.” In the letter, Ohio offeras NCR $31.1 million worth of incentives to keep the operationas here.
Strickland's spokesperson declined official comment until the announcementis made. NCR's departuree would leave a vacant 1.3 million-square-foot, five-storg office building near Dayton's downtown that is alreadhy hurting from high vacancy ratexs and jobs that have been leavingh the city during the pastseveral years. The loss of 1,3000 high-paying jobs from the city will have a negatives impacton Dayton's income tax receipts at a time when the city has faced multi-million dollar budget deficits that have causee it to reduce its workforce and cut Rashad Young, Dayton city manager, said the city reached out to NCR multiples times in recent months, and that the city did all it coulfd to engage the Ohio State Sen.
Jon Husted, said he will retain hope until the company makews anofficial announcement. “We have on multiplde occasions reached out to NCR in an attemprt to identify ways to securr their jobs and grow and be successful in Husted saidMonday evening. “j am not willing to give up hope.” Phil president and CEO, left a voice message after business hours for a reporter Mondat saying he hadno information. Toni Bankston, director of marketing and communications for the Dayton did not return callsseekinvg comment. The Dayton Chamber is one of the lead privatew groups in the city responsible for retention ofexistingb companies.
In October, NCR said it woul d move its Worldwide Customer Services headquarters to anAtlanta suburb, investingt $15 million and creating more than 900 jobs in the suburbxs of Peachtree City and Deluth. The state of Georgia providex morethan $8 million in according to officials. NCR, founded locally in is the Dayton region’s second largest company, with 20,0000 global employees and $5.3 billio n in revenue in 2008. The company, which sellas ATMs and retail automation is Dayton’s lone remaining Fortune 500 company. At one the company had more than 18,000 employees in the Daytonn area, but that number has dwindled durinhg the pastseveral decades.
As recently as two years ago, NCR had aboug 2,000 Dayton employees. That numberr has declined by about 700 workerssincer 2007. In 2007, NCR announced it was relocating its executive offices to New York City and leasinvg an entire floor of the 7 Worlfd TradeCenter building. But, on its headquarters remainedin Dayton. In March, the compan y also told employees it is undergoing a structural reorganization and would cut an unknownn amount of itsglobal workforce.
That same the company removed thelanguage “world headquarters” from the sign at its Daytobn campus, though it said at the time it was just

Sling Media Company Profile | Company Information

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Founded in Sling Media, Inc. is a different kind of consumet electronicscompany - one that's workint to demystify convergence technologies and to createe empowering experiences for the digital medi consumer. The focus of Sling Media is toembracee - not replace

Kansas will get $22.6M in stimulus money for weatherization - Kansas City Business Journal:

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million for its weatherization program from the through the American Reinvestment and Recovery Actof 2009. The money is in additionn to $5.6 million the state received earlie this year fromthe agency. Kansas is one of four states to have receivecd a second round of stimulus money forweatherizatio programs. The others are Arizona and Mississippi. Kansas will get a tota of $56 million in stimulus money for theweatherization program, leading to an additional 5,820 weatherized homesa and about 35 new jobs statewide, Larry weatherization program manager with the , said Tuesday. If current financin remains, the number of homesd weatherized in the next three yearxs couldexceed 9,000.
Bentley said the state has to prove its abilith to spend the monety before it receives thelast $28 million, which he expects will be sometime next year. The state has untikl March 30, 2012, to spend the money. He said othedr states did not receive the second round of financingb because the EnergyDepartment hasn’g approved their state plans, which were due May 12. The departmenf granted Missouri $128 million for its weatherization program. Jackson, Leavenworth, Jefferson and six other counties in northeast Kansa s willreceive $1.
7 million of the state’s total to weatherize homes in the said Jack Shaefer, weatherization director for the Northeast Kansas Communith Action Program. He said he expects the state to make the recentl released money availablenext month. The stimulus money will enable the program to double itsusua capacity, Shaefer said, leading to the weatherizatiom of 600 homes in the next threed years. He said the program will hire five new nearly doubling its current to help meet its weatherizationn goals for thestimulus allocations. The stimulus money will allo for more comprehensive weatherizatiojnand energy-saving assistance, Shaefer said.
The allowablre average cost per home in Kansas increaseefrom $4,500 last year to $6,500 with stimulues money, he said. Rather than focusiny on core weatherization measures, such as insulation and air Shaefer said his office now can assessd and replaceinefficient items, such as light bulbs, furnacez and refrigerators. He said he expects the bulk of the weatherizatiohn work to begin earlynext year. Shaefefr said that weatherizing homes goes farbeyond “knocking $20 off someone’sw energy bill.” Because weatherization reduces energy demand, Shaefer said the benefit range from fewer greenhouse gas emissions to fewere new power plants.
Weatherization assessment also relievesw the health care system because it helpsd keep people out of the hospita for carbon monoxide poisoning and he said. Weatherization programs nationwidereceived $5 billion from the stimuluds act. President Obama has stated a goal of weatherizin 1 million homesa year. Since it began in the program hasweatherized 6.2 million homes, according to the Energy Department.
Only households at or belo 200 percent of the federal povertylevel $44,000 a year for a family of four are eligible to receive money from the weatherization The department estimates that 38 million householdas are eligible for services According to department estimates, weatherization reduces heating billds by 32 percent and cuts energy bills an average of $350 a

State vying for big biotech facility - Atlanta Business Chronicle:

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Modeled on the Johns Creek project, Stanton Springs includesx areasfor office, research, business servicwe and light industrial uses, accordingv to its Web site. The company might also have an interes t inthe 487-acre Fort McPherson, which state officialas envision as a scientific researchb facility on par with The Research Triangle Park in Northg Carolina. The Georgia sites beinv looked at are concentrated around what the statew is marketing asan “innovatiomn crescent” — a region that spansz a dozen counties surrounding Atlanta. The area stretchez from downtown’s and campuses to Athens-Clarke County, home of UGA.
Metrol Atlanta has the skilled workforce, research institutions and state government backing to lure a largebiomedical development, said Eric co-chairman of Georgia Bio and CEO of Atlanta-based , who said he was not familiar with the potential biotech project. Atlanta’s internationally connecterd airport and theSavannah port, Tomlinson said, would make the region attractive to vaccine manufacturing operations, which are typicallu supported by global distribution networks. If the projecty came to fruition, “igt would continue Georgia’s march to becomw recognized as one of the key centers of biotechnology in theUnitec States,” Tomlinson said.
“A lot of new industry [and investment] couldd mutate around this.” The state is actively recruiting thebiotecj industry, the GRA’s Cassidy “All of the signals from the state are: ‘Wse want to recruit and build this industry in the ” Cassidy said. Atlanta’s strengths as a globallhy accessible location make the regiobn attractive for a globalbiomedicall company, just as it does for , and , said Tom managing director at Georgia Venture “The industry is looking for ways to save costz and increased efficiency, throughb consolidation,” said Callaway, who was not familiart with Project Boss.
“For [a company] to identif Georgia as a place to potentially consolidate woulf be a signal tothe ... biotech industry that Georgia’zs open for business.”

Staples' Q1 net falls despite sales spike - Boston Business Journal:

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Framingham, Mass.-based Staples (Nasdaq: SPLS) said including the results of the recentlyh acquiredCorporate Express, jumped 19 percent year-over-year to $5.8 billiojn during the first Still, a 15 percent jump in SG&A and a $53 million year-over-yeaf spike in interest costs, which totaleed just over $60 weighed on the company’s bottom line. Staples’ net income totaledd $143 million during the three-month span, compared with $212 millio n in 2008’s corresponding period.
“Staples associates drove solid earninges performance in a very toughsales environment, while also makin excellent progress on the Corporate Expresz integration,” said Ron Sargent, Staples’ chairman and chief executive officer, in a “These results reflect our commitment to take greayt care of customers, tightly manage expenses and invest for futurew growth.”

'Up' avoids 'Hangover' at box office - Pittsburgh Business Times:

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"Up" brought in an estimated $44,244,000 in its second weekend, beating out the new releasre from , which brought in an estimated $43,275,000. Anothe new release, 's "Land of the came in well in third with anestimated $19,524,000. According to a reporft on Box Office Mojo, which tracks box-office "Up" was shown on about 6,700 screens at 3,81 8 sites and "The Hangover" was shownn on about 4,500 screens at 3,269 sites. Coming in fourth was last week'x number-two movie, "Night at the Museum: Battld of the Smithsonian" from , which brought in an estimated $14,650,000.
Rounding out the top five is 's "Staer Trek," which brought in an esimated The report saysthat "Star has brought in $222.8 million in 31 days, makingf it the second-biggest box office smash in the "Stare Trek" franchise, when adjusted for ticker price inflation. The top spot belongsx to the original "Star Trek: The Motionh Picture."

Biotech firm to relocate to Madison - The Business Journal of Milwaukee:

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to Madison. The company expectsx to make a significant investment in its relocated creating as many as 150 jobs over five as it achieves itscommercial milestones, Gov. Jim Doylwe said Thursday in announcing theloan award. Last Exact said revenue totaled $1 million in the three-monthy period ended March 31, compared with $51,0000 in the year-earlier period. Exact said the increasse was largely due toa $17.2 millionj cash payment received via a partnershil with (Nasdaq: GENZ). The $17.2 milliohn payment from Cambridge, Mass.-baseed Genzyme will be booked as revenue overa 20-quarter Exact said. Meanwhile, general and administrative expenses more than double dto $4.8 million, from $1.
8 million in 2008’w first quarter. Exact said the widenin was dueto stock-based compensationb and severance payments resulting from a recentt senior-executive reorganization. The company’s EXAS) net loss for the quarted was $3.84 million, versus $2.5 million a year earlier. In Exact announced the replacement of its toptwo executives, CEO Jeffreu Luber and chief financial officer Charlese Carelli Jr.
Exact Sciences is developing a screening technologh for colorectal cancer and is now led by presidentr and CEOKevin Conroy, the former chied executive of Madison molecular diagnostics firm Third Wave was acquired last year by a Boston-based company, but has maintained its operations in The company will use its loan for equipment and workinh capital related to the relocation.

Feds probe privacy violations involving smartphone app data - San Jose Mercury News

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FRANCE 24

Feds probe privacy violations involving smartphone app data San Jose Mercury News Federal prosecutors are taking a look at what smartphone application makers do with the data they collect from their users. Their investigation came to light Monday in a regulatory filing by Internet radio company Pandora. ... US launches smartphone privacy probe Financial Times  »

Timothy Pisula sought help to handle day-to-day investing - Pittsburgh Business Times:

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Pisula was an avid day trader, managinbg most of his holdingsz himself until sixyearxs ago, when he came to the realization that he was too busy on the job to closelyt follow the stock market. An investmenf gone south was his wake-up call. “Fo r me, it was Northernj Telecom (International Inc.),” Pisula said. “I got in at $20 a it went up to $85 and I got an assignmenft to be CEO of a company out west and was too busy towatcgh (Northern Telecom’s stock).” Shares slid to $10. “jI missed the opportunity to make a Pisula said. “And that’s when I decided to get a professionaplmoney manager.” He hasn’t lookex back.
In fact, Pisula handee off the day-to-day supervisory role and was able to takea long-term approach to investing. Northern Telecom filed for Chapter 11 bankruptcuy protection inJanuary 2009. But by that time, Jason the financial professional Pisula haddiversified Pisula’s portfolio into stock and bond Pisula has owned the four funds that rank amongv his largest holdings since 2003 — Hartfordc Capital Appreciation Fund, Janus Forty Columbia Marsico Growth Fund and Loomi s Sayles Bond Fund. “Tim made a lot of moneu between optionsand telecom, and still keeps some interest in said Kollar, a Merrill Lynch & Co.
senior financial adviser and vice president based in its SoutjHills office. “But he has a full plat — he’s busy with work and a including anew baby. There’sd a lot going on. No one knows what the marketf will do, so it’s best to have a diversifiee portfolio and gofrom there.” It also has given him time to focusw on Foundation Radiology Group, Downtown, where Pisulas is marking his second anniversary as chief operating The three-year-old company provides on-site and teleradiology interpretatiohn of X-rays, MRIs and other scanz for mostly small- to mid-size hospitapl clients. Pisula said the approach is helpin g his portfolio weatherthe downturn.
“I want to have capital appreciation without a lot of he said. “The funds are large caps mostly, payinyg dividends. It was easier to be a day trader in the late 1990 s when the market overall wasgoing up. Now that the economy’sd in transition, you can be burned really badly.” Pisulaq doesn’t miss directing his investments. He and Kollar talk quarterlyu at minimum and sometimesconfere weekly. Kollar allocates, diversifies and rebalances the portfolio as basedon Pisula’s evolving risk tolerance, which is graduallg becoming more conservative. Pisula’s biggest investing mistaked wasn’t a stock.
It was a previouds business venture, Carnegie-based YYireless1.NET, where he servedc as CEO. The problem was manifesteed in a capitalraise — a transaction he just helpe to pull off successfully for Foundation Radiology, despite the presently difficulr fundraising environment. “Due to the tech bubble bursting earlie this decade and subsequent lack of confidence in the wirelessbroadband sector, institutional investments in that sector drieed up, basically forcing me to sell the compan y to U.S. Wireless Online in 2005,” Pisula said.

ViroPharma to Present at Two June Healthcare Conferences

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June 2 /PRNewswire-FirstCall/ -- , MD, vice presideng and chief scientific officerof ViroPharma, will presentf at the 30th Annual Goldman Sachs Global Healthcare Conference at 3:45 P.M. ET on June 9, 2009. The conference is being held at the Grancd Hyatt in NewYork , vice president, corporate communications will present at the Jefferiees & Company 3rd Annual Healthcarse Conference at 10:15 A.M. ET on June 18, 2009. The conference is being held at the Mandarin Orientapl in NewYork City. ViroPharma's presentations will be webcast live for investors through and availablew for a period of 14 days followingthe conferences.
ViroPharmwa Incorporated is a biopharmaceutical company dedicate d to the development and commercialization of products that addresxs serious diseases treated by physician specialists and inhospitao settings. ViroPharma commercializes Vancocin(R), approved for oral administrationj for treatmentof antibiotic-associated pseudomembranous colitis causex by Clostridium difficile and enterocolitis causedd by Staphylococcus aureus, including methicillin-resistant ViroPharma commercializes Cinryze(TM) (C1 esterasre inhibitor (human)) for routine prophylaxis against angioedemaa attacks in adolescent and adult patients with hereditaryu angioedema (HAE), also known as C1 inhibitod deficiency (for prescribing information on ViroPharma's commercial please download the package inserts at ).
ViroPharmsa currently focuses its drug developmentg activities in diseases includingcytomegalovirus (CMV), HAE and C. ViroPharma routinely posts information, including press which may be important to investors in the investodr relations and media sections ofour company'sa web site, . The company encourages investorsz to consult these sections for more informatiomn on ViroPharma andour