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Freedom Communications sells four papers
Freedom Communications Inc. has sold four papers in the Midwest to an affiliate of Philadelphia private equity firm Versa Capital Management LLC. The four papers are: The Telegraph in Alton, Ill.The Journal-Courier in Jacksonville, Ill.The Sedalia Democrat in Sedalia, Mo. The Lima News in Lima, Ohio Terms of the deal were not disclosed. The sale is expected to close within 30 days. According to a release from Freedom, "(s)ubstantially all current employees will transition to the new company." The...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=aBb8ZvlZS_g:NrIvh2fKmiA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=aBb8ZvlZS_g:NrIvh2fKmiA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a> </div>
CalPERS ups contributions for state employee pensions
California will pay 5.7 percent more in the next fiscal year for state employee pensions, according to the California Public Employees? Retirement System. The state of California will pay $3.7 billion in fiscal 2012-2013, which begins in July, up from $3.5 billion it is paying in the current fiscal year. The CalPERS board of administration approved the new rates Wednesday. They will go into effect July 1. The $213 million increase is needed because of the change in economic assumptions approved...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=_RVw2BUwLRY:ERjWSAsss0I:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=_RVw2BUwLRY:ERjWSAsss0I:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=_RVw2BUwLRY:ERjWSAsss0I:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=_RVw2BUwLRY:ERjWSAsss0I:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=_RVw2BUwLRY:ERjWSAsss0I:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=_RVw2BUwLRY:ERjWSAsss0I:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a> </div>
California jobless claims rise by 1,600
<img src='http://assets.bizjournals.com/boston/jobsearch*100.jpg?v=3'>The number of people filing new jobless claims across the country was stagnant at 370,000, with no change from the previous week, according to a weekly report from the U.S. Department of Labor. California, however, saw an increase in new claims. The four-week moving average was 375,000, or a drop of 4,750 from the previous week. The number of people claiming unemployment benefits was 6,273,624, a decrease of 149,759 from the previous week. The Golden State reported an increase in claims of 1,613....<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=QhsdwHCtvMY:A9HnEoY5Sso:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=QhsdwHCtvMY:A9HnEoY5Sso:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a> </div>
MIG Real Estate makes first buy in Texas
<img src='http://assets.bizjournals.com/houston/news/Logo_MIG*100.jpg?v=1'>MIG Real Estate LLC has bought its first Texas property, Wynhaven at Willowbrook, a multifamily community in Houston. The Newport Beach-based real estate investment company is expanding its investment strategy and looking into opportunities in the Sunbelt and the Western U.S., the company said in a May 16 statement. Wynhaven is a 372-unit community with an occupancy rate of 96 percent. The local submarket experienced 4 percent rent growth last year, and growth is projected at 10 to 15 percent...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=DNvTW70S6p8:bPgHL3kDGIc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=DNvTW70S6p8:bPgHL3kDGIc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a> </div>
California mortgage, consumer debt drops
<img src='http://assets.bizjournals.com/stlouis/creditcards3*100.jpg?v=1'>The average Californian owes less in credit card and mortgage debt than they did last year, according to a new report, but credit scores still dropped a little. According a monthly report from Credit Karma, Californians owed $303,745 in mortgage debt in April, compared to $309,579 in March and $311,551 in April 2011. Californians also owed an average $5,674 in credit card debt, compared to $5,900 in March and $6,384 in the year earlier period. Student loan debt fell to $29,069, but auto debt rose...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=5AB-sRuysW8:29Foq2w_K1I:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=5AB-sRuysW8:29Foq2w_K1I:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a> </div>
Warren Buffett?s Berkshire Hathaway boosts stake in Wells Fargo
<img src='http://assets.bizjournals.com/charlotte/warren%20buffett%201%20315*100.jpg?v=1'>A regulatory filing from Warren Buffett?s Berkshire Hathaway Inc. shows the legendary investor has increased his holdings in Wells Fargo & Co. and several other companies, The Wall Street Journal reports. Buffett raised his longtime stake Wells Fargo (NYSE:WFC) at the end of 2011 as well. Berkshire Hathaway?s filing also reveals new investments in Viacom Inc. and General Motors Co., though the WSJ speculates that those might have been made by the company?s new portfolio managers, Todd Combs...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=K7BXQhKxRn0:OhN_rTYy2Hs:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=K7BXQhKxRn0:OhN_rTYy2Hs:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a> </div>
Skechers settles false advertising suit
<img src='http://assets.bizjournals.com/losangeles/news/kimkardashian*100.jpg?v=1'>Manhattan Beach's Skechers USA Inc. shoe company has settled a lawsuit accusing the company of false claims that its ?rocker-bottom? shoes promote weight loss and muscle strength. The company has also allocated as much as $40 million for consumer refunds nationwide. Details about obtaining a refund are available on the Federal Trade Commission?s website. The FTC, the District of Columbia and 44 attorneys general nationwide were involved in the lawsuit. Skechers chose not to fight the lawsuit,...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=Lqi1g1ZSWA0:QYXo4ozfQa8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=Lqi1g1ZSWA0:QYXo4ozfQa8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a> </div>
Boeing prepares for U.S. defense spending cuts
Boeing Co., which has operations from its Defense, Space and Security division throughout Southern California, said it is preparing for the "distinct possibility" that U.S. defense spending will be cut by a total of $1 trillion over the next decade, the Chicago Tribune reports. The defense division has laid off about 8,000 of 60,000 jobs over the past 18 months, but most of those positions have been shifted to other departments inside the company, such as the commercial sector. If $500 million...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=4Wz9SEs_H88:HK8zHW-brg8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=4Wz9SEs_H88:HK8zHW-brg8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=4Wz9SEs_H88:HK8zHW-brg8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=4Wz9SEs_H88:HK8zHW-brg8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=4Wz9SEs_H88:HK8zHW-brg8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=4Wz9SEs_H88:HK8zHW-brg8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a> </div>
USC on cusp of Coliseum control
The University of Southern California is on the cusp of controlling its home football venue -- the Los Angeles Memorial Coliseum -- as the Coliseum Commission approved a measure that would give USC control of the venue, according to the Los Angeles Times. The vote was approved 8-to-1, the report said. Under the new lease, USC would control the facility until 2054. USC would fun $70 million in upgrades and take control of the revenue. For more on the deal, read the original Times report.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=dgcncRzKWXU:FSR_70orqg8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=dgcncRzKWXU:FSR_70orqg8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a> </div>
Proposed budget cuts hit court system
<img src='http://assets.bizjournals.com/sanfrancisco/news/California_state_flag*100.jpg?v=1'>Gov. Jerry Brown?s proposal to whack trial court funding by $544 million this fiscal year will seriously compromise public access to justice, members of the judiciary said Monday. The governor?s proposed May revision of the state of California budget includes a $300 million cut in trial court funding. It also delays $240 in spending on trial court construction and seeks to save $4 million by increasing retirement contribution for state court employees. Chief Justice Tani Cantil-Sakauye said...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Tx5aovgek8M:Xt9nHtJT1mA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Tx5aovgek8M:Xt9nHtJT1mA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=Tx5aovgek8M:Xt9nHtJT1mA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Tx5aovgek8M:Xt9nHtJT1mA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=Tx5aovgek8M:Xt9nHtJT1mA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Tx5aovgek8M:Xt9nHtJT1mA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a> </div>

Blackberry, or cell phone! You will be receiving official legal documents and strategies used by successful businesses from breaking diversified corporation news stories.

Remain up to date with what's happening in your backyard. Breaking news describes, in television or radio , an interruption of scheduled programming in turn to report the latest details of a current occurrence. It is like having being in the yellow pages in the past, if you do not have a web site, developing customers will not be able to find you and have confidence in your conglomerate over your competition.

The length depends on the nature of the news. For a small stock company, a well-designed website is a great layout of creating acceptability and looking bigger than you absolutely are.

Mainly breaking news stories are not shown nationwide over-the-air, even if circumstances might call for it because their local advertisers want the time slots he have so far paid for. Learn about breaking body corporate news first thing, with your local BizJournal's RSS feed or subscriber based email alert system. Look at the responsibility commercial is playing and you'll totally agree that body corporate is the fit to global poverty.

A successful big business is about branding, so brand yourself by getting your business featured on the industry news - a giant step in that direction. In which time businesses integrate the concepts of conglomerate news releases, local networking group meetings - like service clubs, and then include press mentions and prestige recommendations in the marketing materials number one win the Know, like, feel confident battle for popular commercial.

The bad news for conglomerate news is that the people upstairs are at daggers-drawn about how to do it, have coming in the news in the excellent format.

Here are some more business news articles...

Crain's New York Business Is Telling Your Competition's Story Online!
Have you read Crain's New York Business and seen the story of your main competitor right there on the front page? You are doomed to be an also ran no matter what you do. They were the one chosen by Read more...

Daily Business News Must Be Paid Attention To
By Dawn Manning
Being proactive, using geographic targeting, or geotargeting, is the ability to target consumers by geographical location and commercial enterprise news releases is one layout to come by receive Read more...

Presentation And First Impressions Can Be Everything In The Success Of Your Home Office Business
By Arthur Fellon
“Presentation “according to the marketing guru Riteway Strokon can be everything. It often amazes “youngsters” and what we take for granted today is the democratization of the “Home Office Read more...

Global Venture Capital: Ernst & Young Reports On Important Trend
By Rene' V. Richards
One of the most lucrative investment industries, venture capital, underwent a period of tremendous transition last year, and with that transition signaled passage into a new venture landscape. Read more...

cascade business news news:

Slideshow: Who made the most in Facebook IPO?
<img src='http://assets.bizjournals.com/sanjose/blog/biggestHaul-cover-0-0-328-309*100.jpg?v=1'>Facebook's IPO raked in $16 billion for the company and shareholders who sold about 421 million shares of the social networking company on Thursday at $38 each. About 180 million of those shares were sold by Facebook, bringing the company 6.8 billion. The rest came from existing shareholders, who got $9.2 billion in the IPO. CEO Mark Zuckerberg sold 30.2 million of his shares, but the Facebook co-founder didn't take home the biggest haul from Thursday's sale. His offering was done mostly to cover...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=P5B1XryQQAk:59DDxCog9Zc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=P5B1XryQQAk:59DDxCog9Zc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=P5B1XryQQAk:59DDxCog9Zc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=P5B1XryQQAk:59DDxCog9Zc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=P5B1XryQQAk:59DDxCog9Zc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=P5B1XryQQAk:59DDxCog9Zc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=qj6IDK7rITs" border="0"></img></a> </div>
Slideshow: Facebook's $16B tops all tech IPOs
<img src='http://assets.bizjournals.com/sanjose/blog/top10NetIPOsCoverSQ*100.jpg?v=1'>Facebook's $16 billion IPO easily surpassed the previous global record for initial public offerings. There are skeptics ? including CNBC's Jim Cramer ? who say that despite the fact that Thursday's IPO beat Google's $1.67 billion haul from its IPO in 2004, the social network will never be worth as much as search giant. But as of this week, Facebook's IPO is the one to top for tech companies when they go public. Click through the photo gallery that accompanies this to see who the rest of the...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=CUIbE9_mu-M:_7zv8CTh0HM:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=CUIbE9_mu-M:_7zv8CTh0HM:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=CUIbE9_mu-M:_7zv8CTh0HM:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=CUIbE9_mu-M:_7zv8CTh0HM:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=CUIbE9_mu-M:_7zv8CTh0HM:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=CUIbE9_mu-M:_7zv8CTh0HM:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=qj6IDK7rITs" border="0"></img></a> </div>
Baseball chief sees no urgency on A's San Jose decision
<img src='http://assets.bizjournals.com/phoenix/news/BudSelig*100.jpg?v=1'>To the dismay of San Jose area sports boosters, the long-awaited decision on whether the Oakland A?s can move to the region will not come anytime soon. Major League Baseball Commissioner Bud Selig said Thursday there is no timetable for settling the dispute between the A?s and the San Francisco Giants, which have marketing rights to Santa Clara County and strongly oppose the move to Silicon Valley. Selig spoke after an MLB owners? meeting. What?s more, A?s co-owner and managing partner...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=DHnoOH_08BU:ralE8PnUCv8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=DHnoOH_08BU:ralE8PnUCv8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=DHnoOH_08BU:ralE8PnUCv8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=DHnoOH_08BU:ralE8PnUCv8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=DHnoOH_08BU:ralE8PnUCv8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=DHnoOH_08BU:ralE8PnUCv8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=qj6IDK7rITs" border="0"></img></a> </div>
Salesforce stock up after hours on Q1 earnings
Salesforce.com inc. on Thursday reported first quarter revenue of $695 million, an increase of 38 percent on a year-over-year basis. San Francisco-based company (NYSE:CRM), with offices in San Mateo, provides enterprise cloud computing applications. It reported a net loss for the first quarter of $19.5 million, or 14 cents per share. The company's stock dropped $2.78 per share to close at $133.80. It was trading up more than 7 percent after hours. Analysts were expecting, on average, earnings...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=4hP6GXSSwtY:XGrSIMLIiCk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=4hP6GXSSwtY:XGrSIMLIiCk:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=4hP6GXSSwtY:XGrSIMLIiCk:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=4hP6GXSSwtY:XGrSIMLIiCk:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=4hP6GXSSwtY:XGrSIMLIiCk:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=4hP6GXSSwtY:XGrSIMLIiCk:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=qj6IDK7rITs" border="0"></img></a> </div>
Applied Materials Q2 revenue beats analyst expectations
Applied Materials Inc.'s stock closed Thursday at $10.48 per share. It was trading down nearly 1 percent after hours. The company on Thursday reported net income of $289 million, or 22 cents per share, compared to $489 million, or 37 cents per share, in the same quarter of last year. The Santa Clara-based company (NASDAQ:AMAT) provides equipment, services and software to the semiconductor, display and solar industries. It had net sales for the quarter of $2.54 billion, compared to $2.86 billion...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=cWNcxkmDduM:4DheL-FnU0M:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=cWNcxkmDduM:4DheL-FnU0M:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=cWNcxkmDduM:4DheL-FnU0M:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=cWNcxkmDduM:4DheL-FnU0M:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=cWNcxkmDduM:4DheL-FnU0M:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=cWNcxkmDduM:4DheL-FnU0M:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=qj6IDK7rITs" border="0"></img></a> </div>
How does Facebook celebrate IPO? A hackathon
On the eve of having one of the largest IPOs ever, most companies would celebrate with some mild debauchery. A big dinner. Mid-priced champagne in the company cube farm. Maybe the sort of low-intensity pub crawl that won't leave the CEO too haggard-looking when he rings the bell to open the markets the next morning. Facebook is celebrating its IPO by having some employees work through the night. The company announced an all-night "hackathon" for Thursday night, with programmers from across departments...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=jkz8PnP9u04:4P3883TGw6A:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=jkz8PnP9u04:4P3883TGw6A:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=jkz8PnP9u04:4P3883TGw6A:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=jkz8PnP9u04:4P3883TGw6A:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=jkz8PnP9u04:4P3883TGw6A:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=jkz8PnP9u04:4P3883TGw6A:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=qj6IDK7rITs" border="0"></img></a> </div>
Bill would prevent Facebook co-founder from evading taxes
Legislation has been introduced by Sen. Chuck Schumer (D-N.Y.) and and Sen. Bob Casey (D-Pa.) that would prevent executives such as Facebook Inc. co-founder Eduardo Saverin from avoiding taxes by giving up their U.S. citizenship. Saverin renounced his U.S. citizenship in September and lives in Singapore, according Business Journals Washington Bureau Chief Kent Hoover. Singapore doesn't tax capital gains. Saverin could be saving as much as $67 million if he sells his stock in the Menlo Park-based...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=IF94d8bzn6I:x4bu9olaYmw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=IF94d8bzn6I:x4bu9olaYmw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=IF94d8bzn6I:x4bu9olaYmw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=IF94d8bzn6I:x4bu9olaYmw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=IF94d8bzn6I:x4bu9olaYmw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=IF94d8bzn6I:x4bu9olaYmw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=qj6IDK7rITs" border="0"></img></a> </div>
Facebook IPO shares sell at $38, raising $16B
Facebook Inc. sold its shares in its initial public offering Thursday afternoon at $38 a share, raising $16 billion in the biggest tech IPO in history. The price values the Menlo Park social networking company at $104.2 billion, the highest valuation of any U.S. company on the day they went public. Facebook?s $16 billion IPO ranks as the third biggest overall in U.S. history, edging out General Motors Co.'s $15.8 billion IPO in November 2010, but trailing behind Visa Inc.'s $17.9 billion IPO...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=u6aH6LN6jgs:7tc0A77EXkI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=u6aH6LN6jgs:7tc0A77EXkI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=u6aH6LN6jgs:7tc0A77EXkI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=u6aH6LN6jgs:7tc0A77EXkI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=u6aH6LN6jgs:7tc0A77EXkI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=u6aH6LN6jgs:7tc0A77EXkI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=qj6IDK7rITs" border="0"></img></a> </div>
HP said to plan 25,000-30,000 job cuts
Hewlett-Packard Co. will reportedly announce plans to cut between 25,000 and 30,000 jobs over the next year or so when it posts earnings next week. Reports that cite unnamed sources on AllThingsDigital, Bloomberg and Business Insider vary on the size of the work force reduction at Palo Alto-based HP (NYSE:HPQ). The restructuring will reportedly include a number of voluntary retirement packages, with AllThingsDigital putting that number at about 5,000 people. Business Insider reported that its...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=kcSJfGpGQ1U:ny2sLeODAvU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=kcSJfGpGQ1U:ny2sLeODAvU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=kcSJfGpGQ1U:ny2sLeODAvU:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=kcSJfGpGQ1U:ny2sLeODAvU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=kcSJfGpGQ1U:ny2sLeODAvU:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=kcSJfGpGQ1U:ny2sLeODAvU:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=qj6IDK7rITs" border="0"></img></a> </div>
MarkLogic hires eMeter's Gary Bloom as new CEO
<img src='http://assets.bizjournals.com/sanjose/news/Gary-Bloom-High-Res*100.jpg?v=1'>MarkLogic Corp. said Thursday it has hired Gary Bloom as its new president and CEO. The San Carlos-based company specializes in powering big data applications. Bloom was previously the CEO and president of San Mateo-based smart grid management software company eMeter, which was acquired by Siemens Corp. last year. It makes metering software for electric, gas and water utilities. Before that he was a consultant at TPG, a private investment firm. Click here to read the press release from MarkLogic....<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=p6ctWLU4GX4:n9zdZBKSdvM:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=p6ctWLU4GX4:n9zdZBKSdvM:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=p6ctWLU4GX4:n9zdZBKSdvM:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=p6ctWLU4GX4:n9zdZBKSdvM:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?i=p6ctWLU4GX4:n9zdZBKSdvM:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_sanjose?a=p6ctWLU4GX4:n9zdZBKSdvM:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_sanjose?d=qj6IDK7rITs" border="0"></img></a> </div>

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