Shares of Advanced Neuromodulation Slide
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Advanced Neuromodulation Systems  ANSI.O on Friday said it took an equity stake in Cyberonics  Inc. CYBX.O and initiated discussions about combining the two  companies.
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As part of our ongoing technology education webcast series, Cisco Systems (NASDAQ: CSCO) will host a webcast with a corresponding slide presentation on Tuesday, May 29 at 1:30PM Pacific to discuss Cisco's newly announced integrated Mobility Solutions.
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Medical-related stocks largely closed up Friday afternoon as Advanced Neuromodulation Systems Inc. bought a sizable chunk of Cyberonics Inc.
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Advanced Neuromodulation Systems (ANSI.O) on Friday said it took an equity stake in Cyberonics Inc. (CYBX.O) and initiated discussions about combining the two companies.
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(InfoWorld) - Upcoming products and transitions in leadership buffeted shares of Advanced Micro Devices, Apple, and Yahoo this week. Investors have soured on AMD this year as IntelÂ has advanced its own multicore chip technology. The postponement of volume production of AMD's Barcelona quad-core Opteron server chip to the third quarter has not helped. But AMD got a vote of confidence Thursday when brokerage Stifel Nicolaus raised its rating to "buy" from "neutral." The brokerage said thatÂ bad newsÂ has already done whatever damage it could to company shares. On the positive side, the brokerage noted that the last half of the year includes a traditionally strong selling season and that the chip market has stabilized. In response, AMD shares jumped by $1.12 Thursday, to close at $14.77. Apple shares, meanwhile, jumped $4.59 to close at $125.09 Monday on news of improved features for the much-anticipated all-in-one iPhone mobile device. Apple said that the handset will have eight hours of talk time andÂ six hours of Internet use, andÂ that its screen will be glass rather than plastic. One criticism of the iPod screen is that it is prone to scratching. The iPhone's glass display is expected to be better. The company's share price fell somewhat during the week but is still historically high for the company. Despite great anticipation for the product, due out June 29, and recent surveys showing that consumer interest is high despite the high price (about $500), analysts have issued caveats. "This phone is more closely watched than any other cell phone, ever. That means any glitch will be covered," said frequently quoted Jeff Kagan, in an e-mail. "This is the biggest job ever in the history of the cell phone business." A big transition, though not to a new product, also moved Yahoo shares. On Monday the company announced thatÂ Terry Semel ended his six-year tenureÂ as chief executive officer and that company co-founder Jerry Yang will take over. Semel had been a lightning rod for criticism of the company. Though Yahoo is widely acknowledged to have some of the best services on the Internet and was an early leader in recognizing the importance of bringing Web 2.0 interactive features into its fold, it has been unable to keep up with Google in the most important revenue generator on the Web: search engine advertising. The news of Semel's departure was greeted with enthusiasm. Yahoo shares rose $0.81 to close at $28.12 on the news Monday. But the share price subsequently drifted down, despite getting a temporary boost from rumors that News Corp. would take a share in Yahoo in return for merging the MySpace service with the company. Yang's appointment leaves more questions than answers. It's not clear what new leadership he can bring to the company, which is much bigger and more complex than years ago and is in the middle of various transition efforts. Early results from its new search advertising platform, Panama, are good, but the jury is out on efforts to boost display advertising.
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Copyrighting the pyramids...ActivePerl 5.10...4x6 prints for 9 cents...Sony Alpha A700 firmware...customers who appreciate lower-megapixel Fujifilm F30/31 cameras
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(InfoWorld) - Koninklijke Philips Electronics has completed the sale of an 80.1 percent stake in its chip division to a group of private investment houses, the company said Saturday. The stake in NXP Semiconductors, theÂ new nameÂ of the chip unit,Â was sold to a groupÂ including Kohlberg Kravis Roberts & Co. (KKR), Silver Lake Partners, and AlpInvest Partners. Philips expects to take in â¬6.4 billion ($8.12 billion) in cash from the sale, after taxes. The European electronics giant will keep a 19.9 percent share of the business. Philips said the deal places the value of NXP at â¬8.3 billion. There have been a number of chip industry deals this year, including aÂ $17.6 billion offer for Freescale SemiconductorÂ last month. In July,Â Intel soldÂ its communications and application processor business to Marvell Technology Group for $600 million, while earlier this year,Â PMC-Sierra acquiredÂ the storage semiconductor business formerly owned by Agilent Technologies for $425 million.
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The developing biopharmaceutical company announces a share offering.
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A preview of some of the biopharmas presenting at the American Society of Clinical Oncology conference.
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At its meeting on December 14, 2006 Technip's  (Paris:TEC) (NYSE:TKP) (ISIN:FR0000131708) Board of Directors made the  following decisions:  to pay in advance part of the 2006 dividend, in the amount of 0.50  euros per share.
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Dow Jones +1,45%, Nasdaq +2,32%, SP's 500 +1,36%
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Cyberonics, the maker of a device that treats epilepsy, has nabbed the attention of a buyer. Advanced Neuromodulation Systems of Dallas said Friday it has acquired 15 percent of the company and added that it may want to buy it ...
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Answers, please! The Federal Trade Commission has asked Brocade to give it more information over its proposed acquisition of enterprise storage rival McData.â¦
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Bug Labs moves closer to shipping. Yesterday they announced pricing for their component, open source gadget hardware kit.  NY Times: "Neuros Technology International, creator of a new video recorder, has decided to go in a different direction. The company, based in Chicago, is providing full documentation of the hardware platform for its recorder, the Neuros OSD (for open source device), so that skilled users can customize or 'hack' the device -- and then pass along the improvements to others." Phil Torrone, a longtime champion of open source hardware, must be happy. Me, who's always looking for, and never finding the perfect podcast player, has more hope if the users get to develop the products.
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A controversial nerve stimulator implant to treat severe forms of depression has a company on edge.
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The annual meeting of the American Association for the Advancement of Science attracts more than 8,000 scientists for discussions and presentations of all types. Wired Science provides full coverage from Friday through Monday.
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Nasdaq composite +0,9%, SP 500 +0,39%