August 9th, 2008
The Phoenix Chapter of the National Black MBA Association and American Express are offering four graduate scholarships for Arizona students who demonstrate the potential to make significant contributions in the field of business.
Four $1,000 scholarships will be awarded. Students must:
Be enrolled in a graduate business program in an accredited college […]
Filed under: business by Finance Boss
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July 10th, 2008
American commuters are making some sacrifices in their social lives to counter rising prices at the gas pumps, according to a CareerBuilder.com survey published July 9.
Of the 89 percent of workers who said they drive to work, 47 percent said they had to give up something in order to afford the gas […]
Filed under: business by Finance Boss
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May 20th, 2008
Spirit Airlines lost $14.2 million in the fourth quarter and $3.8 million for 2007, according to Department of Transportation data released Monday.
The Miramar-based low-cost airline had 2007 revenue of $761.6 million. In 2006, it lost $79 million on revenue of $540.3 million.
Spirit spent $78 million on fuel in the fourth quarter, […]
Filed under: business by Finance Boss
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April 10th, 2008
Millennium Pharmaceuticals Inc. has agreed to be bought by Japan's Takeda Pharmaceutical Co. Ltd. for approximately $8.8 billion in cash.
Millennium (Nasdaq: MLNM), a Cambridge-based biopharmaceutical company, reported that its stockholders would receive $25 per share, a 53 percent increase over yesterday's close.
Millennium markets Velcade, an injectable oncology product, in more than […]
Filed under: business by Finance Boss
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March 19th, 2008
A Bay State biopharmaceutical company, focused on improving human life span, reports being granted a patent for compounds that, among other things, could improve the lives of diabetics.
Cambridge-based Sirtris Pharmaceuticals said the U.S. Patent and Trademark Office issued a patent for compounds that activate the SIRT1 enzyme. Included in the compounds is […]
Filed under: business by Finance Boss
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March 18th, 2008
BearingPoint Inc. has appointed a new chief operating officer as the company attempts to shore up its bottom line.
The McLean, Va.-based company named David Hunter to the No. 2 spot, reporting to Ed Harbach, who was promoted from COO to chief executive officer in December.
Hunter's new role is effective immediately.
[…]
Filed under: business, money by Finance Boss
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March 14th, 2008
Two former executives of software company Quovadx Inc. have agreed to fines levied by the Securities and Exchange Commission for their part in a scheme to inflate the company's revenue.
The SEC said Thursday Lorine R. Sweeney, the former CEO, and Gary T. Scherping, the former CFO, didn't admit or deny the allegations […]
Filed under: business, technology by Finance Boss
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March 6th, 2008
The number of Americans signing contracts to buy previously owned homes fell in January for a third month, signaling no end in sight to the housing slump, economists said before a report today.
The National Association of Realtors' index of signed purchase agreements dropped 1 percent to 85, the lowest level since the Chicago-based […]
Filed under: business by Finance Boss
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February 11th, 2008
Almost a year after Denis R. Burger resigned, AVI BioPharma Inc. has hired a permanent chief executive officer.
Portland-based AVI (NASDAQ: AVII), a developer of therapeutic products for the treatment of life-threatening diseases, named Leslie Hudson chief executive officer, effective immediately. He also joins the board as a director.
After Burger resigned […]
Filed under: business by Finance Boss
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February 9th, 2008
A New York man has filed a $7 million lawsuit against Crocs, claiming his 3-year-old daughter was "severely and permanently injured" when one of her Crocs shoes became stuck in an escalator.
The complaint against Crocs (NASDAQ: CROX), based in Niwot, was filed this week by Jeffrey Hochberg in U.S. District Court in […]
Filed under: business, marketing by Finance Boss
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