3PAR (NYSE: PAR) has paid a $72 million termination fee to Dell (NASDAQ:DELL) in order to cancel a proposed merger and complete a deal with HP (NYSE:HPQ) with an enterprise value of $2.35 billion. HP has made a cash tender offer to 3PAR of $33 per share. The two companies have entered into a definitive [...]
Michigan has received its first electric charging station as part of the ChargePoint America program. The charging station was installed at the NextEnergy headquarters in downtown Detroit at 461 Burroughs, Detroit, Michigan 48202. The charging point will form part of a program to hook up Southern Michigan to the electric vehicle network with 5,000 charging [...]
BAE Systems has landed a $629 million contract to upgrade a series of Mine Resistant Ambush Protected (MRAP) vehicles for the US military. 1,700 MRAP trucks will be upgraded to the Caiman Multi-Terrain Vehicle (MTV), which integrates a refurbished and improved armored capsule from an existing Caiman with a new high-power automotive power train, chassis [...]
Deutsche Bank launched a concerted effort on September 1st 2010 to recruit members of the military into the investment bank. Deutsche Bank has 80,849 employees in 72 countries, and hopes to benefit from the leadership and exceptional training available in former and serving members of the US military. As part of the US Military Veterans [...]
ASRC Management Services has been awarded a Multi-Disciplinary Engineering and Technology Services II contract to provide engineering services to NASA’s Goddard Space Flight Center in Greenbelt, Maryland. The contract has a maximum value of $250 million. ASRC Management Services will provide spaceflight and ground system hardware and software. In support of Goddard’s Applied Engineering and [...]
In August 2010, Façonnable will expand into three new stores in the USA; Aventura (Aventura Mall), Dallas (Galleria) and Denver (Cherry Creek Shopping Center). The openings will take the total number of U.S. Façonnable boutiques to nine. The fashion brand boasts: “Walking into these finely crafted, well-stocked stores is like taking a stroll along the [...]
Warner Bros. Pictures has made history as the first movie studio to make more than one billion dollars at the domestic box office for ten years in a row. Christopher Nolan’s Inception, aided the effort with $142.9 million to date. The hit movie stars Leonardo Di Caprio in a world where dreams can be penetrated [...]
The Fifth Gulf Cooperation Council (GCC) Regulators’ Summit will take place in Abu Dhabi on 16th – 17th February 2011. Over 350 pre-qualified compliance and AML professionals, regulators, and government officials will be attending the 5th GCC Regulators’ Summit in Abu Dhabi. The summit will be inaugurated by the United Arab Emirates’ Minister of Economy, [...]
As part of a major air combat exercise, “Pitch Black 2010″, the RAAF’s fleet of F-111′s will see their final major exercise. Exercise Pitch Black 10 (PB10) is a three week multi-national air combat exercise, in Northern Australia taking place from 16th July – 6th August 2010. PB10 involves a combination of day and night [...]
Two charter operators at Sydney’s bankstown airport have had their air operator certificates suspended. On Saturday 24th July, Skymaster Air Services and Avtex Air Services had their certificates suspended by the Australian Civil Aviation Authority following concerns about the safety of their operations. Both companies have the same owners. On 15 June 2010 an aircraft [...]
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