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	<title>Business and Finance news</title>
	<link>http://onlinecons.com</link>
	<description>Business and Finance news</description>
	<pubDate>Mon, 30 Aug 2010 17:21:25 +0000</pubDate>
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		<title>Database of Dayton-area manufacturers</title>
		<link>http://onlinecons.com/database-of-dayton-area-manufacturers/</link>
		<comments>http://onlinecons.com/database-of-dayton-area-manufacturers/#comments</comments>
		<pubDate>Mon, 30 Aug 2010 17:21:25 +0000</pubDate>
		<dc:creator>Cool</dc:creator>
		
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		<guid isPermaLink="false">http://onlinecons.com/database-of-dayton-area-manufacturers/</guid>
		<description><![CDATA[The DBJ has assembled a database of Dayton-area manufacturers. This is a list of more than 200 companies in the Dayton region that was provided by the Dayton Tooling and Manufacturing Association for use in this database.
The collection of companies includes contact information for each, as well as a listing of each company&#39;s specialty areas. [...]]]></description>
			<content:encoded><![CDATA[<p>The DBJ has assembled a database of Dayton-area manufacturers. This is a list of more than 200 companies in the Dayton region that was provided by the Dayton Tooling and Manufacturing Association for use in this database.</p>
<p>The collection of companies includes contact information for each, as well as a listing of each company&#39;s specialty areas. Search by company name, or by specialty area. When you see the listings you can sort by clicking on the column header <a href="http://sublimebusinesscards.com">free business cards</a><!-- . -->. If you click the &quot;View Details&quot; link for each row it will give you full information on each company.</p>
<p>(Click here to access database of more than 200 local manufacturers and sort by areas of expertise.)</p>
<p><a href='http://www.bizjournals.com/dayton/stories/2010/08/30/daily1.html?surround=lfn' rel='nofollow'>Source</a></p>
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		<title>California&#8217;s Furlough Fridays are back</title>
		<link>http://onlinecons.com/californias-furlough-fridays-are-back/</link>
		<comments>http://onlinecons.com/californias-furlough-fridays-are-back/#comments</comments>
		<pubDate>Thu, 26 Aug 2010 03:33:03 +0000</pubDate>
		<dc:creator>Cool</dc:creator>
		
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		<guid isPermaLink="false">http://onlinecons.com/californias-furlough-fridays-are-back/</guid>
		<description><![CDATA[ Closed signs went up at California agencies Friday as a second slew of mandatory furloughs went into effect for government employees in an effort to resolve California&#8217;s $19 billion budget deficit.
Gov. Arnold Schwarzenegger, according to the governor&#8217;s office, ordered state workers to take three unpaid days off per month until a new budget is [...]]]></description>
			<content:encoded><![CDATA[<p> Closed signs went up at California agencies Friday as a second slew of mandatory furloughs went into effect for government employees in an effort to resolve California&#8217;s $19 billion budget deficit.</p>
<p>Gov. Arnold Schwarzenegger, according to the governor&#8217;s office, ordered state workers to take three unpaid days off per month until a new budget is in place and the Department of Finance certifies that California has enough cash to meet its financial obligations through the end of the fiscal year.</p>
<p>The furloughs were to have started Aug. 1 but were temporarily blocked by a lower court decision. On Wednesday, the state supreme court allowed the furloughs to resume.</p>
<p>The Professional Engineers in California Government union, which had previously sued on the grounds that the governor did not have the authority to furlough employees, said it will urge the supreme court to rule that the furloughs are illegal. Employees are entitled to full paychecks, the union said in a statement.</p>
<p>The furloughs affect about 150,000 state employees and will save $150 million a month, the governor&#8217;s office said.</p>
<p>Cash-strapped California first implemented furloughs in February 2009, demanding employees take two unpaid days off per month <a href="http://personal-loan-quick.com">high risk personal loans</a><!-- . -->. </p>
<p>As revenues continued to plummet six months later, officials bumped the number of monthly furlough days to three. That mandate expired with the end of the fiscal year on June 30.</p>
<p>In addition to furloughs, California may also have to issue IOUs in two to four weeks to keep the state solvent, according to State Controller John Chiang. </p>
</p>
<p>He estimates there are $2.2 billion in expenses &#8212; mainly to social service agencies, vendors and schools &#8212; that will go unpaid in August. Last year, a budget crunch forced California to issue 450,000 IOUs worth $2.6 billion between July 2 and Sept. 4<b> </b></p>
<p>Schwarzenegger is also trying to impose the minimum wage on state workers until a budget is passed, but that effort remains tied up in the courts.<b> </b></p>
<p><i>&#8211;The CNN Wire and CNNMoney senior writer Tami Luhby and staff reporter Hibah Yousuf contributed to this article.</i> &nbsp; </p>
<p><a href='http://money.cnn.com/2010/08/20/news/economy/california_furlough.cnnw/index.htm' rel='nofollow'>Source</a></p>
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		<title>Levi&#8217;s launches new brand for Asian market</title>
		<link>http://onlinecons.com/levis-launches-new-brand-for-asian-market/</link>
		<comments>http://onlinecons.com/levis-launches-new-brand-for-asian-market/#comments</comments>
		<pubDate>Mon, 23 Aug 2010 04:42:24 +0000</pubDate>
		<dc:creator>Cool</dc:creator>
		
		<category><![CDATA[technology]]></category>

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		<guid isPermaLink="false">http://onlinecons.com/levis-launches-new-brand-for-asian-market/</guid>
		<description><![CDATA[ Jeans giant Levi Strauss &#38; Co. launched a new brand of denim today aimed at conquering the fast-growing Asian consumer market.
The new brand - called Denizen - is headquartered in Hong Kong and will be sold in China, South Korea and Singapore. The company plans to open about 50 stores featuring Denizen jeans, tops [...]]]></description>
			<content:encoded><![CDATA[<p> Jeans giant Levi Strauss &amp; Co. launched a new brand of denim today aimed at conquering the fast-growing Asian consumer market.</p>
<p>The new brand - called Denizen - is headquartered in Hong Kong and will be sold in China, South Korea and Singapore. The company plans to open about 50 stores featuring Denizen jeans, tops and accessories in those countries by the end of the year. </p>
<p>&quot;This is the birth of a new history of Levi Strauss &amp; Co. in Asia,&quot; said Aaron Boey, president of the Levi Strauss &amp; Co. Asia Pacific division, in a press release. &quot;With our 137 years of denim heritage and recognized jeans leadership in Asia, Levi Strauss &amp; Co. is strongly positioned to meet this need among emerging middle class consumers in Asia.&quot;</p>
<p>Levi&#8217;s has been selling its iconic jeans overseas for generations, and first opened its Asia Pacific division in 1995. Moving away from its legendary brand is a remarkable move for Levi&#8217;s, one of most well-recognized names in the world, alongside companies like Coca-Cola (KO, Fortune 500) and Ford Motor Co. (F, Fortune 500)</p>
<p>Levi&#8217;s spokeswoman Kelley Benander told CNNMoney.com that the Denizen product &quot;will appeal to a different segment - younger middle class consumers who are interested in a lower-priced jean that is still focused on quality and style <a href="http://paydayloans-on.com">payday loan</a><!-- . -->.&quot;</p>
<p>&quot;We see a significant opportunity amongst emerging middle class consumers, particularly in Asia, who are looking for great-fitting, quality and affordable clothes from a company that they trust,&quot; she added.</p>
<p>Levi&#8217;s is making a play for the booming Chinese economy, which is expected to soon knock Japan out of its spot as the second largest economy in the world. By the end of the year, the Chinese economy could trail only the U.S. as a worldwide economic giant. The International Monetary Fund is projecting 10.5% growth for China in 2010 and 9.6% in 2011.</p>
<p>But China&#8217;s annual per capita buying power of $3,600 still lags far behind the U.S., at $42,240, and Japan, at $37,800.</p>
</p>
<p>Levi&#8217;s said the brand name Denizen refers to an inhabitant &quot;living on earth, while including the word denim in the name, the heart of the brand.&quot;&nbsp; </p>
<p><a href='http://money.cnn.com/2010/08/18/news/international/levi_denizen_asia/index.htm' rel='nofollow'>Source</a></p>
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		<title>Mayo Clinic gets $43 million donation</title>
		<link>http://onlinecons.com/mayo-clinic-gets-43-million-donation/</link>
		<comments>http://onlinecons.com/mayo-clinic-gets-43-million-donation/#comments</comments>
		<pubDate>Wed, 18 Aug 2010 04:39:04 +0000</pubDate>
		<dc:creator>Cool</dc:creator>
		
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		<guid isPermaLink="false">http://onlinecons.com/mayo-clinic-gets-43-million-donation/</guid>
		<description><![CDATA[Mayo Clinic is getting $43 million from a deceased benefactor, with a portion of those proceeds going toward the development of a new education conference center on Mayo&#8217;s Phoenix campus.
The late Juanita Kious Waugh of Brookston, Ind., and her parents were patients of Mayo Clinic for more than 60 years. She died the day before [...]]]></description>
			<content:encoded><![CDATA[<p>Mayo Clinic is getting $43 million from a deceased benefactor, with a portion of those proceeds going toward the development of a new education conference center on Mayo&rsquo;s Phoenix campus.</p>
<p>The late Juanita Kious Waugh of Brookston, Ind., and her parents were patients of Mayo Clinic for more than 60 years. She died the day before her 88th birthday earlier this year.</p>
<p>Her gift will provide both operating and endowment funds to initiate and advance educational programs on Mayo&rsquo;s three campuses in Jacksonville; Rochester, Minn.; and Phoenix/Scottsdale. A significant portion of her donation will be used as an endowment for scholarships in the Mayo Graduate School, and to name and endow the position of executive dean of education.</p>
<p><a href='http://www.bizjournals.com/phoenix/stories/2010/08/09/daily77.html?surround=lfn' rel='nofollow'>Source</a></p>
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		<title>Promotions and Hirings: August 6</title>
		<link>http://onlinecons.com/promotions-and-hirings-august-6/</link>
		<comments>http://onlinecons.com/promotions-and-hirings-august-6/#comments</comments>
		<pubDate>Sun, 08 Aug 2010 22:11:13 +0000</pubDate>
		<dc:creator>Cool</dc:creator>
		
		<category><![CDATA[finance]]></category>

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		<guid isPermaLink="false">http://onlinecons.com/promotions-and-hirings-august-6/</guid>
		<description><![CDATA[Editor&#8217;s note: Each day, we will share several items from the People on the Move section we publish each Friday in our print edition. The full list is available only to Triangle Business Journal subscribers. If you are not a subscriber but would like earlier access to the People on the Move section, you can [...]]]></description>
			<content:encoded><![CDATA[<p><em>Editor&#8217;s note: Each day, we will share several items from the People on the Move section we publish each Friday in our print edition. The full list is available only to Triangle Business Journal subscribers. If you are not a subscriber but would like earlier access to the People on the Move section, you can subscribe here.</em></p>
<h5>Etc.</h5>
<p>&bull; <strong>Tim Gupton</strong>, a partner at <strong>Hughes Pittman &amp; Gupton LLP</strong> and life sciences executive <strong>Matt Jennings </strong>were named to <strong>ibiliti</strong>&rsquo;s board of directors. <strong>Lawson Rankin</strong>, president and CEO of <strong>Rankin McKenzie LLC</strong>, was named to ibiliti&rsquo;s board as treasurer.</p>
<p>&bull; The following were named officers on the Greater Raleigh chapter of the <strong>National Association of Women Business Owners</strong>&rsquo; 2010-11 board of directors: <strong>Carrie Huitt Reuben</strong>, president; <strong>Lou Byrd</strong>, president-elect; <strong>Jess McLamb</strong>, treasurer; <strong>Leslie McMillan</strong>, membership chair; <strong>Jocelyne Gervais</strong>, corporate relations chair; <strong>Sharon Hill</strong>, programs chair; <strong>Kristin Adams</strong>, public policy chair; <strong>Amy Bonis</strong>, community relations chair; and <strong>Pamela Clark</strong>, mentoring chair. <strong>Donna Peery</strong> is the chapter&rsquo;s immediate past president.</p>
<p>&bull; <strong>PrimePay</strong> named <strong>Brendan Nicholls</strong> a selling sales manager.</p>
<p>&bull; <strong>DataChambers Records Management</strong> hired <strong>Debra Ferris</strong> and <strong>Stephanie Fisher</strong> as account executives.</p>
<p>&bull; <strong>Industrial Reports Inc</strong>., a research and reporting firm, hired <strong>Courtney Watkins</strong> as an account representative.</p>
<p>&bull; <strong>Olive Garden Italian Restaurant</strong> named <strong>Bonnie Jenkins</strong> general manager of its Capital Blvd. location in Wake Forest. The restaurant will open on Aug. 9.</p>
<p><a href='http://www.bizjournals.com/triangle/stories/2010/08/02/daily74.html?surround=lfn' rel='nofollow'>Source</a></p>
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		<title>St. Louis Cardinals fans rank No. 10 among &#8216;best&#8217;</title>
		<link>http://onlinecons.com/st-louis-cardinals-fans-rank-no-10-among-best/</link>
		<comments>http://onlinecons.com/st-louis-cardinals-fans-rank-no-10-among-best/#comments</comments>
		<pubDate>Fri, 06 Aug 2010 17:17:43 +0000</pubDate>
		<dc:creator>Cool</dc:creator>
		
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		<description><![CDATA[Fans of the St. Louis Cardinals came in No. 10 in a new ranking by Forbes magazine of America&#8217;s Best Sports Fans.
The magazine touted St. Louis as a &#8220;great baseball town,&#8221; with fans in red packing the stand for every home game. The publication also said fans &#8220;had a hard time swallowing one-time legend Mark [...]]]></description>
			<content:encoded><![CDATA[<p>Fans of the St. Louis Cardinals came in No. 10 in a new ranking by Forbes magazine of America&rsquo;s Best Sports Fans.</p>
<p>The magazine touted St. Louis as a &ldquo;great baseball town,&rdquo; with fans in red packing the stand for every home game. The publication also said fans &ldquo;had a hard time swallowing one-time legend Mark McGwire&#39;s admission of performance-enhancing drug use.&rdquo;</p>
<p>Wishing, hoping and praying your team to a World Series victory after an 86-year dry spell makes you No. 1 among America&rsquo;s Best Sports Fans, or so Forbes says of the Boston Red Sox faithful.</p>
<p>The Pittsburgh Steelers came in at No. 2. A string of Super Bowl wins in the &lsquo;70s and a spread-out fan base thanks to the steel industry decline led to high attendance at away, as well as home, games.</p>
<p>The Red Wings, at No. 3, have a 19-year consecutive streak for making the playoffs.</p>
<p>To product the list, the publication looked at every team in the NFL, NBA, MLB and NHL, measuring them by game attendance, merchandise sales and in-market popularity based on surveys.</p>
<p>See more details on the fan rankings here.</p>
</p>
<div class="info-box">
<h5>America&rsquo;s Best Sports Fans, ranked by Forbes magazine:</h5>
<div>1 Boston Red Sox<br /> 2 Pittsburgh Steelers<br /> 3 Detroit Red Wings<br /> 4 Indianapolis Colts<br /> 5 New England Patriots<br /> 6 Pittsburgh Penguins<br /> 7 Boston Celtics<br /> 8 San Antonio Spurs<br /> 9 Dallas Cowboys<br /> 10 St. Louis Cardinals<br /> 11 Montreal Canadiens<br /> 12 Los Angeles Lakers<br /> 13 Cleveland Cavaliers<br /> 14 New York Yankees<br /> 15 Philadelphia Phillies<br /> 16 Chicago Blackhawks<br /> &nbsp; </div>
</p></div>
<p><a href='http://www.bizjournals.com/stlouis/stories/2010/08/02/daily21.html?surround=lfn' rel='nofollow'>Source</a></p>
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		<title>MPS names bank exec Pace as CFO</title>
		<link>http://onlinecons.com/mps-names-bank-exec-pace-as-cfo/</link>
		<comments>http://onlinecons.com/mps-names-bank-exec-pace-as-cfo/#comments</comments>
		<pubDate>Sat, 31 Jul 2010 09:21:55 +0000</pubDate>
		<dc:creator>Cool</dc:creator>
		
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		<description><![CDATA[Gerald Pace, who has been general counsel at North Milwaukee State Bank for three years, will become the chief financial officer of Milwaukee Public Schools.
Pace previously was a public finance associate with a Milwaukee law firm and served as CFO with a large Ohio school district, the bank said Friday.
North Milwaukee State Bank president and [...]]]></description>
			<content:encoded><![CDATA[<p>Gerald Pace, who has been general counsel at North Milwaukee State Bank for three years, will become the chief financial officer of Milwaukee Public Schools.</p>
<p>Pace previously was a public finance associate with a Milwaukee law firm and served as CFO with a large Ohio school district, the bank said Friday.</p>
<p>North Milwaukee State Bank president and CEO Erbert Johnson, himself a former MPS financial officer, congratulated Pace on his new position.</p>
<p>North Milwaukee State Bank has nearly $100 million in assets and is Wisconsin&rsquo;s oldest minority-owned bank.</p>
<p><a href='http://www.bizjournals.com/milwaukee/stories/2010/07/26/daily71.html?surround=lfn' rel='nofollow'>Source</a></p>
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		<title>Dell and Intel: Big Tech behaving badly</title>
		<link>http://onlinecons.com/dell-and-intel-big-tech-behaving-badly/</link>
		<comments>http://onlinecons.com/dell-and-intel-big-tech-behaving-badly/#comments</comments>
		<pubDate>Wed, 28 Jul 2010 02:46:34 +0000</pubDate>
		<dc:creator>Cool</dc:creator>
		
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		<description><![CDATA[ Thursday&#8217;s $100 million settlement between Dell and the Securities and Exchange Commission was a reminder that the government is going after tech&#8217;s bad boys &#8212; and Intel is likely next on the feds&#8217; list.
According to the SEC&#8217;s complaint against Dell, Intel paid the computer maker rebates as part of a deal in which Dell [...]]]></description>
			<content:encoded><![CDATA[<p> Thursday&#8217;s $100 million settlement between Dell and the Securities and Exchange Commission was a reminder that the government is going after tech&#8217;s bad boys &#8212; and Intel is likely next on the feds&#8217; list.</p>
<p>According to the SEC&#8217;s complaint against Dell, Intel paid the computer maker rebates as part of a deal in which Dell agreed not use microchips manufactured by Intel&#8217;s rival AMD. We&#8217;re not talking small change: The payments totaled $4.3 billion between 2003 and 2006.</p>
<p>That&#8217;s actually not what landed Dell in hot water. Instead, Dell was charged with defrauding its investors by pretending that those payments were operating income. The maneuver artificially inflated Dell&#8217;s balance sheet and helped it beat Wall Street&#8217;s earnings estimates for four years.</p>
<p>But Intel&#8217;s naughty behavior continues to be the subject of a separate Federal Trade Commission antitrust investigation, parts of which were used in the SEC&#8217;s case against Dell. That probe appears to be nearing an end: The FTC this week extended its deadline to settle with Intel over a years-long antitrust suit. The deadline, which was scheduled for Thursday, was extended for two weeks as the FTC considers Intel&#8217;s proposed settlement deal.</p>
<p>Intel (INTC, Fortune 500) has already been slapped with penalties for using its dominant market position to bully chip customers into exclusively buying its products. The European Union conducted its own Intel probe that culminated in a record $1.45 billion fine, levied in May 2009. New York Attorney General Andrew Cuomo is also investigating Intel for antitrust violations.</p>
<p>In November, Intel inked an peace treaty with AMD (AMD, Fortune 500). The world&#8217;s largest chipmaker paid its rival $1.25 billion and agreed to abide by &quot;a set of business practice provisions.&quot; In return, AMD dropped all three of its pending lawsuits against Intel.</p>
<p>&quot;[Intel] doesn&#8217;t have an obligation to help us; they do have an obligation not to do things that are intended to hurt us,&quot; Dirk Meyer, AMD&#8217;s chief executive, said when the settlement was announced. </p>
<p>Dell&#8217;s hidden kickbacks</p>
<p>For Dell, the money train really took off in 2003, when Intel sharply increased its payola. The SEC noted that the rise coincided with AMD&#8217;s April 2003 release of its new Opteron processor &#8212; which many analysts believed to be technologically superior to Intel&#8217;s competing Xeon processor.</p>
<p>According to the EU investigation&#8217;s findings, Dell wasn&#8217;t the only computer maker that Intel paid to stay away from AMD. Intel also gave rebates or direct payments to Hewlett-Packard (HPQ, Fortune 500), Lenovo, Acer, and NEC. </p>
<p>What made Dell&#8217;s case stand out is how the computer maker reported that income to its investors. Dell never disclosed that it was receiving those payments, and when Intel&#8217;s incentives stopped coming in May 2006, Dell&#8217;s quarterly operating profit dropped by 36%. Three-quarters of that decline was directly attributable to the disappearance of Intel&#8217;s payments, according to the SEC <a href="http://payday-z.com">paydayloans</a><!-- . -->.</p>
<p>But Dell (DELL, Fortune 500) lied to investors, telling them that the severe drop was due to the company &quot;pricing too aggressively on slowing demand&quot; and to component costs falling less than expected, the SEC said.</p>
<p>The deception went straight to the top. Dell founder Michael Dell and former CEO Kevin Rollins were each fined $4 million for acting complictly in the fraud. The SEC also fined several other high-ranking executives. Among them, only Michael Dell remains with the company in a top position. </p>
<p>When the government first began investigating Dell in August 2005, Dell hired outside investigators to conduct an internal review of the company&#8217;s accounting activities. That probe lasted a year and involved nearly 400 lawyers and forensic accountants examining 5 million documents. In the end, they concluded that Dell&#8217;s financial controls were weak and that senior executives had manipulated accounts to meet quarterly performance targets. </p>
<p>In January 2007, while the internal investigation was still ongoing, Rollins was forced out and replaced by Mr. Dell, who had been serving as chairman of the board at the time. Dell adjusted its financial results from between 2003 and the first fiscal quarter of 2007.</p>
<p>Dell&#8217;s $100 million settlement gets it off the hook with the SEC. Despite the SEC&#8217;s finding that Michael Dell was involved in the fraud, the company&#8217;s board continues to stand behind him and said he will retain his position as CEO.</p>
<p>But Dell has other legal battles ahead. Unrelated to the Intel payments, a Web hosting company called Advanced Internet Technologies has sued Dell for selling faulty computers that the computer company allegedly knew would fail. The case is set to go to trial in October.</p>
<p>Other big tech companies are also in the government&#8217;s crosshairs. </p>
<p>The FTC is reportedly looking into Apple (AAPL, Fortune 500) for blocking Google&#8217;s ad network from its iPhone applications. Google (GOOG, Fortune 500) is facing its own Department of Justice investigation &#8212; the DOJ is determining whether Google&#8217;s settlement with authors and publishers over Google Books went too far. That deal allows Google to sell digital copies of out-of-print books that are still copyrighted.</p>
<p>Perhaps the most famous antitrust suit against a tech company was the U.S. government&#8217;s decade-long crusade against Microsoft (MSFT, Fortune 500). </p>
<p>The government came close to breaking the company up, but eventually settled in 2001 for a much less drastic set of changes that included ongoing monitoring by a regulatory watchdog. The European Union took a harsher stance, and in 2008 fined Microsoft $1.2 billion for pricing out rivals and refusing to comply with the terms of the court&#8217;s previous antitrust decision.&nbsp; </p>
<p><a href='http://money.cnn.com/2010/07/23/technology/dell_intel/index.htm' rel='nofollow'>Source</a></p>
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		<title>Dow up 102 points; CoBiz up 11.4%, Chipotle up 9.3%</title>
		<link>http://onlinecons.com/dow-up-102-points-cobiz-up-114-chipotle-up-93/</link>
		<comments>http://onlinecons.com/dow-up-102-points-cobiz-up-114-chipotle-up-93/#comments</comments>
		<pubDate>Sun, 25 Jul 2010 18:43:59 +0000</pubDate>
		<dc:creator>Cool</dc:creator>
		
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		<description><![CDATA[The Dow scored another healthy gain Friday, finishing up 102 points and scoring its highest close since June 21.
In Colorado, CoBiz Financial and Chipotle, fueled by upbeat quarterly results, led actively traded gainers.
The Dow Jones Industrial Average finished the trading day at 10,424.62, up 102.32 points (0.99 percent). The Dow ended the week up nearly [...]]]></description>
			<content:encoded><![CDATA[<p>The Dow scored another healthy gain Friday, finishing up 102 points and scoring its highest close since June 21.</p>
<p>In Colorado, CoBiz Financial and Chipotle, fueled by upbeat quarterly results, led actively traded gainers.</p>
<p>The Dow Jones Industrial Average finished the trading day at 10,424.62, up 102.32 points (0.99 percent). The Dow ended the week up nearly 327 points from last Friday&rsquo;s close</p>
<p>The S&amp;P 500 closed at 1,102.66, up 8.99 points (0.82 percent).</p>
<p>The NASDAQ Composite finished at 2,269.47, up 23.58 points ($1.05 percent).</p>
<p>Among actively traded Colorado stocks, <strong>CoBiz Financial Inc.</strong> (COBZ) led the day&rsquo;s gainers percentagewise, up 11 <a href="http://payday-nofax.com">installment payday loans</a><!-- . -->.41 percent (63 cents) to close at $6.15. Denver-based CoBiz, parent of <strong>Colorado Business Bank</strong>, reported Thursday that it had sharply narrowed its second-quarter losses from the previous year.</p>
<p>Other Colorado gainers:</p>
<p>&bull; <strong>Chipotle Mexican Grill Inc.</strong> (CMG) &mdash; Up 9.27 percent ($12.34) to $145.50. The Denver-based restaurant chain said pre-market Friday that its second-quarter profit rose 31 percent.</p>
<p><a href='http://www.bizjournals.com/denver/stories/2010/07/19/daily81.html?surround=lfn' rel='nofollow'>Source</a></p>
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		<title>Harris Corp. awarded $130M NOAA contract</title>
		<link>http://onlinecons.com/harris-corp-awarded-130m-noaa-contract/</link>
		<comments>http://onlinecons.com/harris-corp-awarded-130m-noaa-contract/#comments</comments>
		<pubDate>Thu, 22 Jul 2010 01:20:40 +0000</pubDate>
		<dc:creator>Cool</dc:creator>
		
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		<guid isPermaLink="false">http://onlinecons.com/harris-corp-awarded-130m-noaa-contract/</guid>
		<description><![CDATA[Harris Corp. was selected to provide the ground antenna system for a National Oceanic &#38; Atmospheric Administration (NOAA) program designed to speed up weather data processing.
Under the 10-year, $130 million contract, Harris and its teammates &#8212; General Dynamics SATCOM Technologies and ARES &#8212; will supply antennas and control systems for NOAA&#8217;s Geostationary Operational Environmental Satellite [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Harris Corp.</strong> was selected to provide the ground antenna system for a National Oceanic &amp; Atmospheric Administration (NOAA) program designed to speed up weather data processing.</p>
<p>Under the 10-year, $130 million contract, Harris and its teammates &mdash; General Dynamics SATCOM Technologies and ARES &mdash; will supply antennas and control systems for NOAA&rsquo;s Geostationary Operational Environmental Satellite Series-R program.</p>
<p>The contract includes design, fabrication and testing of six new 16.4-meter antennas and upgrading four 9.1-meter antennas.</p>
<p>Melbourne-based Harris Corp. (NYSE: HRS) is an international communications and information technology company serving government and commercial markets in more than 150 countries.</p>
<p>The company has $5 billion of annual revenue and more than 15,000 employees.</p>
<p><a href='http://www.bizjournals.com/orlando/stories/2010/07/19/daily11.html?surround=lfn' rel='nofollow'>Source</a></p>
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