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 DRS Agrees to $5.2 Billion Buyout5/13/2008 DRS Technologies Inc. (NYSE: DRS) announced it will be bought by Finmeccanica, S.p.A. in a cash deal valued at about $5.2 billion including $1.2 billion of net debt. Palatin to Cut Jobs5/13/2008 Biopharmaceutical firm Palatin Technologies, Inc. (AMEX:PTN) said today it will slash the company’s workforce by 30 percent effective immediately. NJBIZ EXPO: Lou Dobbs to Kick Off Two-day Event5/13/2008 About 200 New Jersey business owners are expected to be networking on May 20 when Lou Dobbs kicks off the NJBIZexpo '08 at the New Jersey Convention and Expo Center in Edison’s Raritan Center. Pharmaceutical Companies to Jointly Develop Cardiovascular Drug5/13/2008 Bristol-Myers Squibb Co., (NYSE: BMY) of Princeton, and KAI Pharmaceuticals, Inc., a privately held biotechnology company in South San Francisco, Calif., today announced an agreement to develop and commercialize the latter’s compound to treat cardiovascular disease. Bill Would Allow Farm Products at Highway Rest Stops5/13/2008 "Jersey Fresh" brand and other state-grown farm products would be sold at service areas along state toll roads, under a bill approved yesterday by the Assembly Agriculture & Natural Resources Committee. Sarnoff and Viocare Announce Partnership5/13/2008 Two Princeton-based companies, Sarnoff Corporation and Viocare Technologies Inc., today announced a partnership to develop a new mobile phone-based dietary assessment tool for the National Institutes of Health's Genes, Environment and Health Initiative. BUSINESS: Home prices continue sharp descent5/13/2008 Single-family home prices dropped 7.7% in the first quarter in the largest year-over-year decline since the National Association of Realtors began reporting prices in 1982. BUSINESS: Retail sales dip for second time in 2 months5/13/2008 Consumers, battling soaring gasoline prices and a slumping economy, cut back further on their spending in April. U.S.: Suspicion rises over higher food costs5/13/2008 Forced to pay for once-free sandwich toppings and twice as much for some steak cuts, shoppers are wondering whether higher grocery bills and restaurant tabs truly reflect the trickle down of a global rise in food prices. U.S.: Clinton focuses on West Virginia; Obama, on future5/13/2008 The outcome of West Virginia's primary Tuesday may best be foretold by where Sens. Hillary Clinton and Barack Obama plan to spend the day. |
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Preparing for Paid LeaveRuss Berrie Wraps up Cuddly DealsAtlantic City International Airport Struggles to Get CarriersMeet the Winners in a Weak Economy |
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When one thinks of New Jersey, several things come to mind: Pharmaceutical giants, Turnpike exits, summers down the shore and a highly educated talent pool that produces outstanding entrepreneurs....
Michele Powelczyk - Sun National Bank
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