Intel to buy Wind River for $884M – Charlotte Business Journal:

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Intel's $11.50-per-share offer is about a 44 percent premium overWind River'as closing price on Wednesday of $8. Wind River stock lost more than half its valuw betweena 52-week high of $12.99 last Augus and a low of $5.61q in March. The stock closer Thursday at $11.72, up 47 Santa Clara-based Intel (NASDAQ:INTC) said buying Alameda-based Wind River (NASDAQ:WIND) will help it expandx its software into thousandz of embedded systems and mobile devices includingsmart in-car "info-tainment" systems, aerospace and defense, energy and thousands of othet uses.
Wind River will operate as a wholly owne subsidiary after the deal closes during the reporting toRenee James, head of Intel’e software and services group. "Our combinatiom of strengths will be of great benefitg toWind River’s existing and futurre customers," said Ken Wind River chairman, president and CEO. Foundee in 1981, Wind River has more than 1,60p0 employees and operations in more than 15 During its fiscal yearended Jan. 31, Wind River reporte d $10.7 million in net income on annual revenuewof $359.7 million. The company on Thursday posted a 21 percent increase in netincome $561,000, or 1 cent a for its first quarter despite a 6.
5 percengt drop in revenue to $63.8u million.

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North Shore theater likely to liquidate – South Florida Business Journal:

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Theater executives announced Tuesday that the financiallyu distressed theater has failed to raisethe $2 millionn it needed to put on 2009 although more than $500,000 in pledges have been made sinc e the theater announced a turn-around strategy in mid “The thing we know is that we’re not puttin on a 2009 season. I think the very likelgy consequence of that is that we will very quicklgy go outof business,” said David Fellows, chairman of the Nortyh Shore Music Theatre board.
“Whether it’s Chapter 11 or Chaptee 7 — it’s completely up in the air at the Without a production season this the theater is unable to addresas the substantial debts of its creditors and restoresthe theater’s economic health, said Fellows. The theate r is approximately $10 million in debt, includingy large mortgages on its propertg and buildings and debts to the Stateof Massachusetts, and subscribers who paid in advancr for the 2009 season. Fellows said most of the theater’es 4,400 subscribers are unlikely to get theirmoneg returned. Subscriptions cost upwards of $350 per seat.
Theater executives are in discussione with senior creditors and are reviewing a liquidatiomn to maximize the value ofthe theater’s assets for its stakeholders as well as identify potential “friendly” buyerxs of the property who might considere a lease back of the Fellows said.

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Auburn shooting: Players, coaches, rivals express their sympathy on Twitter – al.com

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al.com

Auburn shooting: Players, coaches, rivals express their sympathy on Twitter

al.com

By Matt Scalici, al.com Former Auburn footb »

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Spain Seeks EU’s Fourth Bailout With $125 Billion Request – BusinessWeek

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The Hindu

Spain Seeks EU's Fourth Bailout With $125 Billion Request

BusinessWeek

Spain became the fourth euro member to seek a bailout since the start of the region's debt crisis more than two years ago with a request for as much as 100 billion euros ($125 billion) in loans to rescue its banking system. “The 100 billion euros is …

Spain requests bailout help

Washington Post

Eurozone agrees to lend Spain 100 bn euros to shore up banks

Fox News

Spain's bank bailout will not assuage the need for strong economic measures

The Guardian

Los Angeles Times -AFP

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Private sector ‘doing fine’? Romney pounces on Obama remark – Los Angeles Times

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CBS News

Private sector 'doing fine'? Romney pounces on Obama remark

Los Angeles Times

WASHINGTON — Aware that the lagging economic recovery could dull President Obama's reelection chances, Democrats have taken solace in a potential trump card — a Republican ch »

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Steepest Global Slide Since Recession Pushes Rate Cuts – Bloomberg

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Business Insider

Steepest Global Slide Since Recession Pushes Rate Cuts

Bloomberg

Monetary-policy makers from around the world are being pressed into action to shore up a global economy that is suffering its steepest slowdown since the recession ended in 2009. On the heels of a June 5 interest-rate cut by Australia, China reduced …

Fed Chairman Ben Bernanke warns of 'fiscal cliff' risks

Los Angeles Times

Seoul shares seen gaining on China rate cut

Reuters

Stocks Open Mixed Despite China Rate Cut

CNBC.com

San Francisco Chronicle -BusinessWeek -Christian Science Monitor

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Dow soars 286 points in biggest gain of the year – Los Angeles Times

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Los Angeles Times

Dow soars 286 points in biggest gain of the year

Los Angeles Times

Stocks get a boost from positive economic signs in the US as well as investors' hope that European policymakers will take steps to boost their sagging economies. Traders on the floor of the New York Stock Exchange just before the closing bell Wednesday …

Dow gains 286 points for best day of year

HeraldNet

Dow r »

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Real Estate Roundup – Kansas City Business Journal:

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Portland, from Weston Investment Co. LLC. It is one of the largesrt office deals in downtown inreceng months. The Indian Health Board, establishedf in 1972, will move from its currenr location at527 S.W. Hall St. Jake Lancastere of Grubb & Ellis Co. representec the tenant; Steve Root of American Propertg Managementrepresented Weston. • Level 3 Communications LLC renewed its leasewfor 4,724 square feet at the Pittock Block, 921 S.W. Washingtonh St., Portland, from ALCO Investment Co. Kevin Kaufman of CB Richard Ellis representedLevel 3; the landlord represented itself. Telelanguage Inc. signed a new leasd for 4,401 square feet at the PortlandsExchange Building, 520 S.W. Sixth Ave.
, Portland. NAI Beggs & Simpson represented the tenant; Ryan Livesagy of Pacific Real EstatePartners Inc. represented the • Stearns Lending Inc. leasedr 3,722 square feet at Hampton Square, 6950 S.W. Tigard, from Weston Investmentg Co. LLC. Steve Root of American Propertuy Management representedthe lessor. • Peters Company PC signed a new leasrfor 2,170 square feet at the Sellintg Building, 610 S.W. Alder St., with the Schlesingee Companies. Kristin Hammond and Mark McFarlanx of Pacific Real EstatePartners Inc. represented the tenant; Bill Smith of NAI Beggs & Simpson represented the property. • SCR Inc. leasee 2,000 square feet at 8680 S.W.
Old Tualatinb Sherwood Road, Tualatin, from Kmotion Inc. Ian Giammanco of Bluestonde & Hockley Real Estate Services representedthe tenant; Scotf Pierce of NAI Norris, Beggs Simpson represented the landlord. •Remeduy Intelligent Staffing leased 1,638 square feet at The Merrick, 6646 N.E. 78th Portland, from API Properties 1047 LLC. Mark McFarland of Pacificf Real EstatePartners Inc. represented the Rob Kimmelman of Commercial Realty Advisor representedthe property. • Pioneer Flood Covering Inc. leased 5,853 square feet at Arctic Business Park, 5657 S.W. Arcticx Drive, Beaverton, from Pacific NW Propertiezs LP. Cliff Finnell of GVA Kidder Mathewds representedthe tenant.
• Carlan Enterprises Inc., operating as Stauffer-Cisclo Supply, leased 5,622 square feet at Bridgeport WoodxBusiness Park, 7532 S.W. Bridgeporrt Road, Durham, from Bridgeport Woods BusinessPark LLC. Peterf Stalick and Steven Klein of GVA Kiddedr Mathews represented the Dave Kiersey ofKiersey & McMillan Inc. represented the property. Stavely Services North Americaleasesd 4,860 square feet at Kittridge Distribution Center, 4943 N.W. Fron Ave., Portland, from LIT Industrial Limited Tony Reser and Sean McCarthy of GVA Kidderf Mathews brokeredthe transaction. • Red Wing Brand s of America Inc. leased 3,840 square feet at the NorstatrBusiness Center, 8611 N. Albina Ave.
, Portland, from Norstad 8405 N. Albina Ave. LLC. Tony Reser and Sean McCarthy of GVA Kiddee Mathews brokeredthe transaction. • Biscuits Cafe leased 3,121 square feet at Hogan 1905 N.E. Division St., from Peloponh LLC. Mike Foley of Firsr Commercial representedthe tenant; Craig Barnars of Barnard Commercial Real Estate represented the property. Y-Chrome, a new barbershop venture fromHairM men’s salon, leasecd 2,055 square feet at the Commonwealtu Building, 609 S.W. Washington St., from Unico Propertiexs LLC. Kathleen Healy of Urban Works Real Estate represented Dan Bozich and Kathleen Healy of Urban Workss Real Estate representedthe property.
Aprende Con Amigos Bilingual Preschoolleasexd 1,872 square feet at Patton Park Apartments on Nortj Interstate from Patton Square Leasing LLC. Steves Haugen of Windermere/Cronin & Caplann Realty Group Inc. represented the Charlotte Larson and Sara Dalety of Urban Works Real Estate representesthe property. • PDX Antiques leasede 1,120 square feet at the K2 Building from4152 N.E. Sandyh LLC. Charlotte Larson of Urban Workd Real Estate representedthe tenant; Matt Schweitzee of North Rim represented the property. Liz Richards Acupuncture PC leased 1,046 squarse feet at Fremont Place, 3531 N.E. 15th Ave., from ADG Properties LLC. Anthyan Nguyen of Norries & Stevens Inc.
representedx the tenant; Ashley Heichelbech of Urban Works Real Estatw representedthe property. • State Farm Insurancw leased 1,000 square feet at 1018 N.W. 13th Ave., from Block Two LLC. Thom Brockmillef of Stehlin Advisors LLC represented the Kathleen Healy and Dan Bozich of Urbamn Works Real Estate representedthe

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Dems prep for recall recount – Politico

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Politico

Dems prep for rec »

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Gary Lambert Executive Profile

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**All Executive profile data provided byDow Jones & Co., Inc.

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