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IBM (IBM)
IBM said that its Global Financing unit will provide underwriting services to four providers of technology used to advance electronic record-keeping, clinical software solutions and information management among healthcare organizations and practitioners.
The offer is important because it addresses a high priority on the government’s list of infrastructure projects, namely, the large-scale modernizing of electronic healthcare records, known as EHR, as reflected by the backing of some $20 billion in funding under the American Recovery and Reinvestment Act (ARRA), commonly referred to as the stimulus package.
Dec 31 · 11:59:00 AM · Source: IT Channel Planet
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by Michael Oliveto
HP (HPQ)
HP has applied for a trademark on the Zeen moniker, according to the United States Patent and Trademark Office, and described it as covering a “portable handheld device for receiving and displaying text and images and sound; computer software for use in transmitting and displaying text, images and sound; computer peripherals; computer hardware.”
Over the last few months, the company has quietly been applying for some glitzy-sounding trademarks, the glitziest of which cover mobile computing devices and wireless lifestyles.
Dec 31 · 11:56:00 AM · Source: The New York Times
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by Michael Oliveto
Disney (DIS)
Disney Board of Directors has nominated Sheryl Sandberg, chief operating officer of Facebook Inc., to be a new, independent director, effective upon her election at the company's next annual meeting, which will be held in March 2010.
"Sheryl is an outstanding executive who can add incredible value to what is already a diverse and highly experienced group of directors," said John E. Pepper Jr., Disney's chairman. "She brings great expertise in the online world, considerable international experience and a deep understanding of consumer behavior."
Dec 31 · 11:44:00 AM · Source: San Fernando Valley Business Journal
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by Michael Oliveto
Disney (DIS)
Disney and Chase have partnered to release a new Disney Rewards Visa Debit Card.
The new card will give card carriers similar rewards to the Disney Rewards Chase Credit Card but is instead, linked to a debit account. The rewards include savings at Disney stores, character meet’n’greets and photo opportunities as well as Disney theme park savings.
Dec 31 · 11:37:00 AM · Source: Consumer Loan Wire · Related: JPMORGAN CHASE & CO
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by Michael Oliveto
Chevron (CVX)
Chevron's Cabinda joint venture is spending $2.3 billion over five years to reduce flaring, the burning of natural gas from oil fields, and instead utilize the gas, a top company official said this month.
The disclosure comes as foreign oil companies are increasingly investing to monetize the gas that used to burn in their African fields, driven by higher gas prices and environmentalists' demands.
Dec 31 · 11:32:00 AM · Source: The Wall Street Journal
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by Michael Oliveto
Chevron (CVX)
Chevron will pay $45.5 million to resolve claims that it underpaid natural gas royalties to the US government and Native Americans, the Justice Department announced.
Most of the settlement money will be distributed to federal, state and American Indian accounts affected by the underpayments. More than $12.3 million of the amount will go to the heirs of the whistleblower who filed the lawsuit in Beaumont, TX.
Dec 31 · 11:30:00 AM · Source: San Diego Source
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by Michael Oliveto
Boeing (BA)
Boeing’s St. Louis-based defense unit won a $12.4 million contract with the U.S. Navy to repair various components of the F/A-18 Super Hornet fighter jet.
Work will be performed in Lemoore, CA (57%), Cecil Field, FL. (40%) and Philadelphia, PA (3%), and be completed by December 31, 2010, the Pentagon said.
Dec 31 · 11:22:00 AM · Source: St Louis Business Journal
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by Michael Oliveto
Citigroup (C)
Citigroup received notice from the federal government that they will not be subject to rulings from the Treasury Department’s paymaster Kenneth Feinberg in 2010.
Citigroup paid back $20 billion of the total $45 billion in aid that it received from TARP, meaning that it is no longer receiving “exceptional assistance” and is no longer receiving the type of aid that would warrant the paymaster’s oversight, according to a letter issued to Citigroup by the Treasury Department on Wednesday.
Dec 29 · 5:21:00 PM · Source: American Banking News
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by Michael Oliveto
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