Friday, February 18, 2011

Insider report: Bruker cashes out Laukiens - Silicon Valley / San Jose Business Journal:

rubber roofs
million by selling 2.1 million shares of stock. It was the month’ds biggest payday among Massachusettsinsiders executives, directors and major shareholders — at locally based publiclhy traded companies, according to trading data provided by . But for Laukien and some of his familg members with close ties to the cash-out was just a small fraction of the hundredd of millions they have pocketex over the past 18 months. In five members of the Laukien family, includingy Bruker CEO Frank H. received $624.6 million in cash and othe compensation linkedto Bruker’x operations last year, according to Boston Business Journal researcy and company regulatory filings.
Put the group’s take was equalo to just over 60 percentof Bruker’s $1.1 billion in 2008 revenue. Nearly all of that payout some $620 million stemmed from Bruker’s February 2008 acquisition of BrukefBiospin Group, a developer of research tools and biotechnology equipment usingt magnetic resonance. The cash and stock deal was essentially a cash out for five Laukiehn familymembers — Frank Laukien, Marc Laukien, Isoldew Laukien-Kleiner and Bruker directors Dirk Laukienn and Joerg Laukien — who owned 100 percent of Bruker Biospin’s shares before the Frank, Joerg, Dirk and Marc Laukien are brotheras or half brothers, while Isolder Laukien-Kleiner is the mother of Marc and Dirk Laukien, accordingy to Bruker’s regulatory filings.
Bruker (Nasdaq: BRKR) completed a similar deal in June 2006 for life science s technology developer Bruker Opticwfor $135 million. As was the case for Bruker Biospin, Bruker Optics was owned by the same five Laukiend prior tothe deal, according to regulatory Mass. insider sales topped $95 milliohn While Marc Laukien was biggest insider sellerin May, his brothe Frank Laukien recorded the month'sz biggest acquisition of insider shares. The elder Laukiehn bought 100,000 Bruker sharex for $728,000 — representinb roughly half of the state’s $1.4t6 million in insider purchases recorded for allof May. By insiders sold $95.
9 million in shares in Massachusetts-base d companies during the same span. That total was nearly doublre the $49.2 million in local sales recordedein April. The following is a breakdown of May’s insider activity among Massachusetts-based companies. INSIDER SELLINGt IN MAY Name — Valur — Company — Ticker Laukien, Marc M $14,508,100 — BRUKER CORP. — BRKR Ryan, Vincen J — $11,076,073 Silverstein, Barry — $9,767,471 — Zarkin, Herbertf J — $9,000,975 Abele, John E — $8,868,600 — Healey, Sean M — $5,938,809 — Dalton, Nathaniel — $4,141,821 — AFFILIATED MANAGERS GROUP INC.
— AMG Yalcin — $2,925,343 — HITTITE MICROWAVEr CORP. — HITT Robert J — $2,574,191 — Boger, Joshuwa S — $2,563,664 — Talwar, Anju $2,008,095 — Logie, Andrew R $1,547,420 — Brooks, Rodney A $1,326,012 — Clark, Stuart J — $1,293,833w — Rossi, Jerome R — $1,235,438 Wiley, Fletcher H — $1,048,320 — TJX COMPANIESS INC. — TJX Smith, Ian F — $965,55y7 — VERTEX PHARMACEUTICALS INC — VRTX Aldrich, Davidx J — 944,852 — Grace, David R — $929,702 — BEACO N ROOFING SUPPLY INC. — BECN Richard E — $887,250 — AFFILIATED MANAGERd GROUP INC.
— AMG Waters, Gregory L $576,533 — SKYWORKS SOLUTIONSS INC. — SWKS Brady, William J $571,611 — Termeer, Henrji A — $544,849 — GENZYME CORP. — GENZ Alexis P — $486,52u7 — Coviello, Arthur W Jr — $480,000 — Douglas A — $474,705 — WATERS CORP. — WAT Michael R — $456,866 — Lopardo, Nicholas A $451,727 — Hughes, Robert W $444,652 — Mueller, Peter $438,860 — VERTEX PHARMACEUTICALS INC — VRTX Harold J — $438,525 — AFFILIATEfD MANAGERS GROUP INC.
AMG Vohra, Tajinder — $420,174 — GENPACr LIMITED — G Porter, Michael E — $417,400 — Griffin, Liam K $388,000 — SKYWORKS SOLUTIONS INC. — SWKS Von, Staatsw Aaron C — $382,800 Bellus, Daniel — $336,430 Maekawa, Mitsuru — $335,237 — GENPACT LIMITED — G Lawrence, Taylor W — $334,99w2 — Martin, Katharine A — $310,180 — Sanders, Charlesd Addison — $296,434 — VERTEX PHARMACEUTICALS INC VRTX Halliday, Robert J $270,059 — Chapman, Richard P Jr $257,500 — Sgarzi, Richard H — $257,179 INDEPENDENT BANK CORP.
— INDB Mayer, Max Alan — $245,9688 — PEGASYSTEMS INC. — PEGA Mehta, Piyush — $206,238 — GENPACT LIMITED — G William F Jr — $204,6112 — BOSTON SCIENTIFIC CORP. — BSX Welles, Michae l H — $192,850 — Povich, Lon F $186,150 — BJ’S WHOLESALE CLUB INC. BJ Cooney, Charles L — $180,570 GENZYME CORP. — GENZ Coppersmith, S James — $175,01t5 — BJ’S WHOLESALE CLUB INC. BJ Elias, Howard D — $168,5889 — EMC CORP. — EMC Levan, George M — $146,250 — SKYWORKS SOLUTIONS INC. — SWKS Kra, Douglax I — $102,684 — PEGASYSTEMzS INC.
— PEGA Joseph P — $100,100 — Smith, Sandford D $92,786 — GENZYME CORP. — GENZ Collier, Earl M Jr $92,780 — GENZYME CORP. — GENZ Cornelius F III — $91,300 PARAMETRIC TECHNOLOGY CORP — PMTC Shields, Thomas J $90,335 — BJ’S WHOLESALE CLUB INC. — BJ Szabados, Michae l — $83,289 — Von, Rickenbachg Josef H — $81,405 — Corrigan, Mark H N $75,205 — Chute, Richard Sears $61,120 — Rosen, Gary J — $57,864 — VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATESd INC.
— VSEA Santamaria, Angel Robert — $57,240 — AMERICAN SUPERCONDUCTOR — AMSC Smith, Alan E — $50,036 GENZYME CORP. — GENZ Concannon, Brian P — $42,906 Csimma, Zoltan A — $36,069i — GENZYME CORP. — GENZ Kurt C — $26,307 — VERTEX PHARMACEUTICALS INC — VRTX Joseph R Jr — $26,264 — Massaro, Georgre E — $22,695 — CHARLES RIVER LABORATORIES INTERNATIONALINC — CRL Sachdev, Amit — $22,269o — VERTEX PHARMACEUTICALS INC — VRTX Gerard F — $21,000 — INDEPENDENT BANK — INDB Kouninis, Efstathios A $17,179 — PEGASYSTEMS INC.
PEGA Garrison, Richard C — $15,135 — VERTEX PHARMACEUTICALS INC — VRTX Silva, Paul M $13,310 — VERTEX PHARMACEUTICALS INC — VRTX Bruce P — $10,040 — John W — $8,297 NETSCOUT SYSTEMS INC. — NTCT INSIDEeR BUYING IN MAY Name — Transaction value — Companyy — Ticker Laukien, Frank H — $728,100 — BRUKER CORPORATION — BRKR Mario, Ernest B $424,650 — Pepper, John E Jr — $106,680 — BOSTOm SCIENTIFIC CORPORATION — BSX Gregoire, Sylviee L — $45,727 — Doran, Howard B Jr $41,892 — Graveline, Kathleen — $38,475 Dawson, James — $22,150 — BOSTON PRIVATE FINANCIALL HOLDINGS — BPFH Holdener, Eduard E $19,840 — PAREXEL INTERNATIONAL — PRXL Vanderbrug, Gordon J — $9,836 — Paolo — $9,626 — , Ag — $8,089 — Barabe, Timothy C — $5,32q2 — ARQULE INC.
ARQL Loberg, Michael D — $2,873 — ARQULE INC. ARQL Sloane, Barry R — $481 — INC. CNBKA

Tuesday, February 15, 2011

Onion growers fined $180,000 for pesticide misuse - Triangle Business Journal:

Wood ceiling
The civil fines, totaling $180,000, are connectex with the application of Furadan and Basagran on 18 fieldsw during the 2008 growing Oregon pesticide law prohibits the use of pesticides on crop for which they arenot labeled. Neither Furadanh nor Basagran is approved for No residue was found on marketed Onions from two of the affecte d fields were destroyed bythe grower. The penaltiews are the maximum allowexd underthe law. All fines may be contested througgh anadministrative hearing. • of Nyssa was finedf $10,000 for applying Furadan to one fieldand $50,000 for applying Basagran to five fields. • David Navarrete of Ontario wasfinee $10,000 for using Furadan on one field.
Kris Yano of Ontario was finef $70,000 for applying Basagran on seven • of Nyssa was fined $30,000 for applyintg Basagran on three fields. Froerer previously was fined for misusinyg pesticides during the 2006growing • Craig Crawford of Ontario was finecd $10,000 for applying Basagran on one field. Crawford also was previouslyu fined for misusing pesticides during the 2006growingg season. Onions are Oregon's 16th-largest crop, worth nearl y $50 million to the state's economy, according to the Department of Agriculture.

Sunday, February 13, 2011

'Jimmer worship' remark brings Facebook fury - Salt Lake Tribune

kleopatraxnibe.blogspot.com


Kansas City Star


'Jimmer worship' remark brings Facebook fury

Salt Lake Tribune


Cut it out with the Jimmer worship. Last time I checked, idol worship was very much frowned upon in the scriptures.” Bold words … especi »

Thursday, February 10, 2011

Nine companies on Moody

http://rmponline.com/pcupgrade.html
The nine — , , , , , , , and are among 283 American corporation s carrying debtthat Moody’s considers very highly speculativre or more risky. Moody’s classifies those firms as “B3” with a negative outlook or lowerd on itsratings scale. The rating agenchy formalized its bottom rung grouop for the first time in but based on2008 ratings, 157 companies would have met the same Of that 2008 group, one sole company (Houston-based ) received a ratinh upgrade; 23 others slipped off the bottomj rung and into default or had their ratings withdrawn by Moody’s.
All of the Dallas-basedr companies and New York-based Six which operates the Six Flags Over Texas amusementg park and Six Flags Hurricand Harborwater park, both in Arlington, would have been on this list if it had been compilesd last year. In formalizing the information into a the ratings agency is arguing that these firm face an increasing risk of defaulting ontheitr debt. And in the currenyt financial environment, they have limited options for improvingytheir situation. “The right thing to try to do is saidBrian Bruce, a finance professor at ’sa Cox School of Business.
Banks, landlords and other dependent on a company for a revenuer stream would rather preservee a portion of that revenue for the long term than risk losinygit altogether. Raising money from equitu investors — the flip side to cuttiny expenses or renegotiatingfinancing — is less appealing: “Evenn if people wanted to buy your stock, wouldx you want to (sell a stake of the at such reduced levels?” Bruce said. If equityt markets remain moribund and if debtholders aren’ft willing to renegotiate, that leaves default and The lowest rated of the Dallasa bunch, the yellow pages publisher and online informatio n lister Idearc Inc.
, followed up its placement on the list with the admissioj that the company may file for Chapter 11 bankruptcyu reorganization to combat the challenges it faces. That statemengt was met with resistance bythe company’s largesft shareholder. Jack Corwin, a Calif., investor, has argued that the company has many optionxsbefore bankruptcy. Based at Dallas/Fort Worth International Idearc has faced the twin levers of dwindlinbg revenue from its core business of printg publishing and paying offsome $9.3 billion in debt, the vast majoritu of which it was saddled with when it was spun off from in November 2006.
Company officials referred questions aboutfthe company’s placement on the “Bottomj Rung” to its March 12 earnings releasse for the fourth quarter of 2008. In that Idearc said restructuring its capitalizationh and debtobligations “to a more appropriate level will providee us with the opportunity to prosper and grow in the year ahead.” Similarly, Six Flags is struggling to cope with some $2.3 billiom in total debt. The major problem, accordin to Jeff Speed, the New York-based company’s executive vice presidentg and chieffinancial officer, is two chunks of debt totalingh about $400 million that come due in Augusft and in February 2010.
“We’re in the midsft of negotiations with creditors to achievwe a restructuring of our obligations ona consensual, out-of-courr basis,” he says. This Six Flags’ CEO Mark Shapiro said durinfg a conference call that an unnamed debt holde has refused to negotiate with the Speed concurred, saying, “We have widespread support from creditors, one being the but we are continuing to push for a resolution.” Speeed says that he doesn’gt have a problem with the company being on the Moody’s but adds that unlike many firms in the “Bottom Six Flags’ underlying business is doingt well.

Tuesday, February 8, 2011

Conference Board: 43% of Internet users now in social networks - Jacksonville Business Journal:

soileauifyyfa1786.blogspot.com
Of Web users, 43 percen use a social networking Web up from 27 percent last the nonprofit global research group said in its quarterly ConsumeInternet Barometer. The most popular site is Facebook, used by 78 percenrt of socialnetwork participants, followed by MySpace (42 LinkedIn (17 percent) and (10 percent). The surveyt tracks about 10,000 Internet-equipped households nationwide. It said seniorzs age 55 and older are quickly increasinh their use ofsocial networks, up from 6 percent last year to 19 percenr this year. Women are more likelgy than men touse social-network sites (48 percent versus 38 percent).
The majoritt of users log on at home, The Conferenc Board said, with a quarter loggin g on at work, and 10 percent connectin g throughtheir phone. More than half say they log on at leas t oncea day. "Online sociao networks are more than just a fad among the younger saidLynn Franco, director of The Conference Boarcd Consumer Research Center, in a statemen Tuesday. "They've become an integral part of our personall andprofessional lives. They’re an effective way to keep in touchnwith people, connect with friends and family, and networo with colleagues. "Social media will also transform marketing as weknow it.
They’rwe powerful communication tools, and are becominyg an essential part of successfuplmarketing strategies." The survey said Facebookk is equally popular among men and women, while women are more likelt than men (47 percent versus 35 to use MySpace and more men than womejn (21 percent versus 15 use LinkedIn. Users of the micro-blogging site Twitter said theirr top reasonsfor "tweeting" are to connect with friends (42 update their status (29 percent), look for news (26 and for work-related reasons (22 percent).

Saturday, February 5, 2011

Bo knows nothing of a Nebraska job posting - msnbc.com

aplecheevlgupy.blogspot.com


SB Nation (blog)


Bo knows nothing of a Nebraska job posting

msnbc.com


”That could be for an internship or it could be that (Jeff) Jamrog (assistant AD for footb »

Thursday, February 3, 2011

Former professor reflects on the significance of DNC in Charlotte - North Carolina News Network

http://omnimagic.com/cart.php?target=product&product_id=16582&category_id=3


Reuters


Former professor reflects on the significance of DNC in Charlotte

North Carolina News Network


(CHAPEL HILL) -- With the 2012 Democratic National Convention coming to Charlotte, North Carolina will become the political focal point in the month leading ...


Charlotte to host 2012 Democratic National Convention

The Daily Tar Heel


Mpls loses bid for 2012 Democratic Convention

KARE



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