Ebix acquires software maker E-Z Data for $50.3 million in cash and stockOctober 1st, 2009 Ebix acquires E-Z Data for $50.3 millionATLANTA — Software supplier Ebix Inc. said Thursday that it acquired software maker E-Z Data Inc.
Synopsys board authorizes new buyback program, may repurchase up to $500 million in stockSeptember 9th, 2009 Synopsys to buy back up to $500 million in stockMOUNTAIN VIEW, Calif. — Synopsys Inc., which makes software to develop and test chips, on Wednesday said its board replenished its stock repurchase authorization, allowing the company to buy back up to $500 million in common stock.
NY judge sentences former Monster president to 2 years in prison for stock option fraudSeptember 2nd, 2009 NY judge gives ex-Monster exec 2 years in prisonNEW YORK — The former president and chief operating officer of the online job services company Monster Worldwide has been sentenced in New York to two years in prison for stock options fraud. A Manhattan federal judge on Wednesday also ordered James Treacy to forfeit $6.3 million and pay restitution of $6.3 million to the victims.
NY jury convicts Monster Worldwide's former chief operating officer of stock option fraudMay 13th, 2009 Former Monster COO convicted of stock option fraudNEW YORK — The former president and chief operating officer of Monster Worldwide has been convicted in New York of wrongfully backdating millions of dollars' worth of employee stock option grants. A jury on Tuesday found James Treacy of Glen Rock, N.J., guilty of conspiracy to commit securities fraud, filing false reports with the Securities and Exchange Commission, making false statements to auditors and falsifying books and records.
VMware to buy SpringSource for $362 million, assume $58 million in unvested stock and optionsAugust 11th, 2009 VMware to buy SpringSource for $362 millionPALO ALTO, Calif. —VMware Inc., which makes software that allows business servers to run multiple operating systems simultaneously, said Monday it is acquiring SpringSource for $362 million in cash and stock.
Level 3 Communications names Rahul N. Merchant to boardSeptember 30th, 2009 Level 3 Communications names new board memberBROOMFIELD, Colo. — Level 3 Communications Inc.
Telephone and Data, parent of US Cellular declares dividend of 10.75 centsAugust 21st, 2009 Telephone and Data declares dividendCHICAGO — Telephone and Data Systems Inc. said Friday it would pay a third-quarter dividend of 10.75 cents per common share, special common share and Series A common share.
DG FastChannel 2nd-quarter earnings decline as operating expenses riseAugust 6th, 2009 DG FastChannel 2Q profit declinesDALLAS — DG FastChannel Inc., a digital media advertising services company, said Thursday it earned a lower second-quarter profit, but matched Wall Street expectations. Profit declined to $3.6 million, or 16 cents per share, from $4.1 million, or 23 cents per share, a year ago.
Red Hat posts higher 2nd-quarter profit, sales; shares jump after hoursSeptember 23rd, 2009 Red Hat posts higher 2Q profit, salesRALEIGH, N.C. — Red Hat Inc., the software distributor behind the Linux operating system, said Wednesday its fiscal second-quarter profit grew as companies opted for its source products amid the economic downturn.
Cablevision Systems prices $900 million private placement of senior notesSeptember 9th, 2009 Cablevision prices $900M senior notes offeringNEW YORK — Cablevision Systems Corp. on Wednesday said it priced a $900 million private placement of debt.
Magma Design's loss shrinks to $4.3 million as costs drop faster than revenue declineAugust 28th, 2009 Magma 1Q loss shrinks to $4.3 millionSAN JOSE, Calif. — Chip design software maker Magma Design Automation Inc.
EBay, McDonald's, Capital 1, Apple, Popular are among big market moversSeptember 9th, 2009 EBay, McDonald's, Capital 1, Apple big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
McDonald's Corp., down $1.13 at $55.09
Sales at established restaurants grew the smallest amount since February at the world's largest fast-food chain. Capital One Financial Corp., up $2.03 at $37.47
A Citigroup analyst upgraded the credit card issuer, saying credit losses should improve as the worst of its charge-offs are over.
Alvarion shares jump after deal with Italian wireless Internet companyJune 23rd, 2009 Alvarion shares climb after Italy dealNEW YORK — Shares of Alvarion Ltd. jumped Tuesday after the Israeli provider of wireless broadband technology and services said it was chosen to deploy a nationwide mobile wireless data network in Italy.
Compuware CEO Karmanos sees compensation dip 29 percent in 2009 to $4.2 million: AP tallyJune 5th, 2009 AP: Compuware CEO Karmanos compensation dips
NEW YORK — Mainframe software maker Compuware Corp.'s chief executive, Peter Karmanos Jr., was awarded compensation for fiscal 2009 valued at $4.2 million, down 29 percent from a year earlier, according to an Association Press calculation. Karmanos, 66, received a salary of $1.2 million, up from $1.05 million a year earlier.
Reliance Communications ties up with Microsoft (Business Capsule)September 30th, 2009 MUMBAI - Anil Ambani-led Reliance Communications Wednesday said it has entered into a strategic alliance with Microsoft to offer Windows Mobile solution on its wireless networks. As per the agreement, Microsoft will offer solutions like push email support, chat, photo-sharing, content back-up and other applications to Reliance customers.