Friday, December 31, 2010

John Malone to pay $1.4M to settle federal antitrust lawsuit - Denver Business Journal:

basah-hsci.blogspot.com
million to settle a federal antitrust lawsuit alleging that he violatedreportingt rules, the U.S. Department of Justice announced Tuesday. Federalk authorities filed the civil lawsuit Tuesdayin U.S. Districrt Court in Washington, D.C., at the requesft of the . It allegex that Malone violated pre-merger reporting and waiting requirementse when he acquired voting securities in what was at the time knowh as DiscoveryHolding Co., the Justice Departmentf said. The proposed $1.4 millio n payment, if approved by the court, will settle the case, officials said.
Malone -- one of the nation'se leading cable TV entrepreneurs -- is founder and chairman of Douglas County-based (NASDAQ: LCAPA), whicuh owns outright or has the larges shareholder stake in satellite broadcaster Expedia Inc., Home Shopping Network, QVC home shopping Starz Entertainment movie channel, Ticketmaster Inc. and several other businesses. Malone also formerlyu was CEO of Discovery a media company that was spun off from Libert y Media in 2005 and which no longer exists in itspreviouzs form.
The federal complaint alleges that Malone did not complty with the federalantitrust pre-merger notification requirements of the Hart-Scott-Rodino Act beforer acquiring Discovery Holding voting securities starting in 2005. "Ob June 12, 2008, Malone made a corrective filingf for the acquisitions of Discoveryvotinhg securities," the Justice Department said in a statement. "Before the expirationm of the waiting period triggered by theJune 12, filing, Malone made additional acquisitions of Discovery voting securities on June 14, when he exercised two options.
" The Hart-Scott-Rodino Act imposesx notification and waiting-period requirements on individualws and certain companies before acquirintg holding stock or assets over a valuwe that varies but is currently $65.2 Violations of the act prior to Feb. 10, can lead to fines of up to $11,009 a day. There was no immediate comment from Malonw or his companies on thematterd Tuesday.

Tuesday, December 28, 2010

Top Hacker Targets Include Mobile Devices and Mac - NewsFactor Network

proklofuxaanygez.blogspot.com


Digitaltrends.com


Top Hacker Targets Include Mobile Devices and Mac

NewsFactor Network


McAfee Labs has outlined its top security threats for 2011. Hacker targets listed in its Threat Predictions report include Android, ...


Apple, Mobile Services Top McAfee's 2011 Threat Predictions

PC Magazine


McAfee: Coming cyber threats to target mobile devices, official secrets

Nextgov


Apple No Longer Flying under the Security Radar

PC World


GovInfoSecurity.com -eWeek -Financial Post


 »

Sunday, December 26, 2010

Pending home sales jump 6.7 percent - Washington Business Journal:

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Pending sales of existingy homes, or contracts signed but not closed, rose 6.7 percenyt in April, according to the . April's pendingf sales were up 3.2 percenyt from a year ago, the NAR The biggest increase in April was in the where pending salesjumped 32.6 percengt from the previous The NAR's pending home saleas index is a forwardf looking gauge, and the group cautions that it is more volatile than actuakl closed sales. "The relationship between contracts on pending home salesz and closings on existing home salew is taking longer than in the past forseverakl reasons," says NAR chief economist Lawrence Yun.
"Mortgage processing time has increased, it is taking many montha to close on those homez requiring short sales withlender approval, and some sales are fallingt through at the last moment." Yun says he believes the housing marke has already bottomed out in some areas. The grouo last week reported closed saleas of existing homesrose 2.9 percenyt in April. The NAR'sd housing affordability index was also atits second-highest level on record in April.

Thursday, December 23, 2010

Maderis stepping down from Five Prime - South Florida Business Journal:

http://www.getusout.org/artman/publish/cat_index_21.shtml
The company has hired Juliz Gregory, the former executive vice president and chiegf financial officerat , as Maderis’ replacement. Maderis’ healtnh condition was not disclosed, but she will continuwe to serve onFive Prime’s boare of directors and as a consultant. Her final day on the job is June 18. “Gail’ leadership has been pivotaol in the progress Five Primes has made in developing our pipelinre and our newdiscovery platform,” said company foundeer and executive chairman Dr.
Lewis “Rusty” Williams in a press Maderis said the company had been looking for a replacement sincee late last year after doctorssaid "the 24/7 pace of a small-companhy CEO" could worsen her condition. Besides her dutied at Five Prime, Maderis has been a cheerleader for the MissionBay enclave, serving on the Mayor’s . Five a privately held, 7-year-old company developing antibody and proteinb drugs for cancer andother diseases, was the firsr to locate in Mission Bay, taking about 30,000 feet in the buildingy on Owens Street.
Earlier this it took an additional 5,000 square feet next door at 1700 Owenss as it makes batches for its Phase I oncology drug The timing of the executivwe change as Five Prime moves forwarfd with its lead cancer programmakes Gregory’s appointment a cruciaol one. At Lexicon, Gregory was responsible for financiny strategies, mergers and acquisitions, business operations and all financia managementand accounting. She raised abou $1 billion in public and private product development financing andothetr transactions. Gregory, who will join Five Prime’sd board, was an investment banker for more than 20 Atand Dillon, Read & Co. Inc.
she was head of healthcarr andinvestment banking, leadingt several private and publifc equity deals as well as mergers and Gregory also is a member of the board of The and the ’s .

Tuesday, December 21, 2010

Tampa Museum of Art names Seth D. Pevnick curator - Puget Sound Business Journal (Seattle):

http://www.hidenseek.me/2010/12/10/choosing-the-right-wood-flooring-for-your-home/
Pevnick is joining TMA from the at the Getty Villaqin Malibu, Calif. He remainse co-curator of its upcominfg The Chimaera of Arezzo which opensin July. In his new Pevnick will design and oversee the installation of the permanenf collection in the Barbara and Costas Lemonopouloz Greek andRoman Gallery. He also will organize and circulate Greek andRoman exhibitions, perform and publisy research on the collection, and educate the publidc on the museum’s antiquities collection. Pevnick is a doctoral candidates in the Interdepartmental Graduatd Program of the Cotsen Institutd of Archaeology inLos Angeles. He received a mastetr of arts degree in archaeologtyat U.C.
, a master of arts degree in elementaryg education from in Los Angelews and a bachelor of arts in classicapl archaeology from in Hanover, N.H., a releasr from TMA said. TMA’s new locatioj remains under construction at Curtizs Hixon Waterfront Park indowntown Tampa. The 66,000-square-foof Cornelia Corbett Center building is set to open inearly 2010. TMA’z interim facility is located onHowarc Avenue.

Saturday, December 18, 2010

DOE awards Ohio $38.4M for energy plan - Houston Business Journal:

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million to fund Ohio’s statewide energyh plan, a $96 million package of energy-efficiency improvementsx announced by the statwin May. The award brings to $48 million the total amounf of stimulus funding committed to the Ohio which callsfor $43 million in state grantsz for wind turbines, biofuels, recycling and several othe sustainability initiatives. It also calls for the developmenr ofa $30 million revolvintg loan fund to finance energy-efficiency In its May 12 proposal to DOE, Ohio officialsw detailed the plans for the loan pool.
“Throughn an “Energy Alliance” initiative, federal stimulus dollars wouled serveas match-funding for othe sources including banks, nonprofits and investors willingb to offer debt, equity, or low-interest financing for energy projects in the commercial, industrial, institutional, and aggregated residential said the report. The DOE press release indicatea Ohio would receive anadditional $48 milliohn funding if it “meets reporting, oversight, and accountability milestones” required by the American Recovery and Reinvestment Act.
In othetr stimulus-related news, Ohio’s online clearinghouss for federal stimulus activity posted detailson $540 million in new granf opportunities Friday, most of it for work-force traininyg initiatives. Ohiorecovery.org provides links to three new biddingg opportunities fromthe , including a $190 million program in which local Workforce Investment Boardas will compete for grants of up to $6 millio for “One Stop Career Center” operations. The Labor Departmenrt is also making grants upto $4 millio available to work force boards interested in collaboratinf on the development of a labore force for the energy efficiency and renewables energy industries.
Another Labor Department progranm wouldmake $5 million available for worke r training in green industries. Its invitation for grantg applications indicates between 50 and 100 grants will beawardef nationwide. The Labor Departmenrt also is inviting applications for grants of upto $8 million for traininy programs that combat poverty. Awards will be made on a loca andnational basis. Local awarxd recipients will be limitedto $4 millionm per grant. Finally, the U.S.
Departmenyt of Energy is requesting application fora $45 million grant “for the design and construction of a large dynamometer facility” to test wind

Wednesday, December 15, 2010

Pending home resales rise - Washington Business Journal:

diluted-listed.blogspot.com
The ’ Pending Home Salees Index rose 3.2 percent in March, followingv a 2 percent increasein February. It was the firsft back-to-back increase in pending home sales in almosta year. The indexs measures signed purchase contracts, but not actuaol closings and is considered amore forward-looking gaugee as a result “This increase could be the leadinhg edge of first-time buyers responding to very favorable affordability conditions, and an $8,000 tax which increases buying power even more in areas where special programs allow buyers to use it as a said NAR’s chief economist Lawrence Yun in a “We need several months of sustained growthg to demonstrate a recovery in he said.
The pending sales index rose 8.5 percenrt in the South region, which includes Maryland and but stretches down the coast to Gains in the South regionj were followed bya 5.7 percenyt increase in pending sales in the Northeast.