Liz Claiborne agrees to sell prAna unit; expects net proceeds of $18 CNBC - Vista, Calif.-based prAna is a maker of climbing, yoga, and cuisinart coffee maker other outdoor apparel and cuisinart coffee maker accessories. Liz Claiborne said it expects to realize net cash proceeds of $18.1 million at closing from the sale, after settlement of a contingent earnout Source: www.cnbc.com Lattice, Liz Claiborne, Metabasis, Omrix: U.S. Equity Preview Bloomberg - The maker of programmable chips said Chief Executive Officer Steve Skaggs will resign as of May 31. The stock fell 4 cents to $2.61 in regular trading. Liz Claiborne Inc. (LIZ US): The maker of Kate Spade handbags and cuisinart coffee maker Juicy Couture Source: www.bloomberg.com Infinera shares soar on 4Q results Boston Globe - SUNNYVALE, Calif. Shares of chip maker Infinera Corp. soared nearly 40 percent Friday after it reported narrowing its fourth-quarter losses on rising sales of digital communications products. The company lost $3.9 million or 4 cents per share Source: www.boston.com Members cite 'growing apprehension,' security risks in 3Com sale to International Herald Tribune - Network equipment maker 3Com agreed in late September to be purchased by private equity firm Bain Capital Management and cuisinart coffee maker Huawei Technologies for $2.2 billion ( 1.48 billion). Bain would own 83.5 percent of the company, while Huawei, a Chinese Source: www.iht.com Wheat Rallies, Extending Record in Minneapolis, on Low Supply Bloomberg - Kellogg Co., the largest U.S. cereal maker, reported fourth-quarter profit dropped 3.3 percent partly because of higher wheat costs. Net income fell to $176 million, or 44 cents a share, from $182 million, or 45 cents, a year earlier, the company Source: www.bloomberg.com Sierra Wireless Shares Rise Sharply CNN Money - NEW YORK (Associated Press) - Shares of Sierra Wireless Inc. jumped Friday after the modem maker posted earnings and cuisinart coffee maker an outlook that had analysts reiterating their bullish forecasts. The stock gained $1.43, or 9.7 percent, to close at $16.24. Morgan Source: money.cnn.com Movers roundup: Digital River shares hit year low after 2008 guidance CNBC - NEW YORK (AP) _ Shares of Altera Corp. soared Friday after the chip maker reported fourth-quarter earnings that beat analyst estimates, and cuisinart coffee maker projected first-quarter revenue also above estimates. TEWKSBURY, Mass. (AP) _ Shares of Starent Networks Corp Source: www.cnbc.com Airbus stages test flight on synthetic fuel Financial Times - The test will be made as part of joint research efforts with Boeing and cuisinart coffee maker GE Aviation, the jet engine maker. During the A380 test flight, one of the four engines was fed with a blend of the synthetic liquid fuel derived from gas and cuisinart coffee maker known as gas to Source: www.ft.com
|