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WebProNews | Breaking eBusiness News Your source for investigative ebusiness reporting and breaking news.
Amex Board Elects Chairman and CEO

The Board of Governors of the American Stock Exchange (Amex) elected Neal L. Wolkoff Chairman and Chief Executive Officer.

Avastin Plus Chemotherapy Shows Improvement

Genentech and Roche announced that an interim analysis of a Phase III study of Avastin (bevacizumab) plus paclitaxel chemotherapy…

India and U.S. Increase Flights Between Countries
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The United States and India signed an aviation agreement in which both countries can operate as many flights between each other as they like.

IBM Profits Disappoint

Earlier this month, IBM announced its intention to expense equity compensation in the first quarter.

Opinity Launches First Online Reputation Service

Opinity, Inc., the first personal online and social reputation services company, today announced its launch of Opinity.com. Opinity.com is for anyone who buys from, sells to, or interacts with other individuals on the Internet.

Russian Rocket Transporting International Crew To ISS

Earlier this morning, a Russian rocket was launched from Kazakhstan carrying a 3-man international crew. The rocket’s destination is the International Space Station and its mission is to relieve the current ISS crew.

Samsung Has Disappointing First Quarter

Samsung Electronics announced its financial results for the first quarter of 2005 including recorded sales of KRW 13.8122 trillion…

Southwest Airlines Beats Expectations for 1Q

Southwest Airlines reported first quarter 2005 net income of $76 million, or $.09 per diluted share, compared to $26 million for first quarter 2004, or $.03 per diluted share.

Shaheen Becomes Siebel’s CEO

George T. Shaheen is taking the role of Chief Executive Officer for Siebel Systems.

Alltel Launches BlackBerry For Mobile Professionals

ALLTEL and Research In Motion today announced the availability of the BlackBerry 7250 Wireless Handheld, BlackBerry Enterprise Server and BlackBerry Internet Service.

Fifth Third Reports Results for 1Q

Fifth Third Bancorp’s 2005 first quarter earnings per diluted share were $.72 compared to $.75 per diluted share for the same period in 2004.

Medtronic Announces Judge’s Rulings in Patent Case

Medtronic announced that a California District Court issued multiple rulings regarding the ongoing patent case with Cross Medical Products, a Biomet company.

GlobalSpec Awards First Great Moments in Engineering Award To Apollo 13 Engineers
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The team of NASA engineers whose ingenious, ad hoc air scrubbers sustained lives aboard the Apollo 13 spacecraft as it limped home will receive the first GlobalSpec Great Moments in Engineering award April 19th marking the 35th anniversary of their unsung heroism.

United States Steel Praises ITC Decision

United States Steel praised the decision of the U.S. International Trade Commission (ITC) to keep in place unfair trade orders applicable to hot- rolled steel from Brazil, Japan and Russia.

About 200,000 Honda ATVs Recalled

The U.S. Consumer Product Safety Commission and Honda announced a voluntary recall of about 200,000 Honda 2004-2005 FourTrax All-Terrain Vehicles (ATVs).

Corus Board Approves Dividend for Class A and B Shareholders

Corus Entertainment’s Board of Directors has approved an increase to its semi-annual dividend, for holders of its Class A and Class B shares, to $0.045 and $0.05 respectively.

New Yahoo Local Feature Provides Free Sites for Small Businesses

Yahoo announced a new feature on Yahoo Local that provides free Web sites for small businesses.

Apple Has A Good Second Quarter

Apple announced financial results for its fiscal 2005 second quarter ended March 26, 2005.

Apple Posts $290 Million Second Quarter Net Profit

Apple posted a net profit of $290 million, or $.34 per diluted share for the second quarter.

GunnAllen Financial Switches to FrontBridge

FrontBridge Technologies, Inc. today announced that GunnAllen Financial (Tampa, Fla.), the nation’s fastest growing independent broker/dealer, has implemented FrontBridge’s message archiving and message filtering outsourced services, replacing competitive services from three technology vendors.

PepsiCo Announces 15% EPS Increase

PepsiCo reported a 15% increase in first-quarter earnings per share to $0.53, fueled by Division operating profit growth of more than 10%.

Siebel Systems Selects CEO

Siebel Systems’ board of directors has appointed George T. Shaheen as the company’s Chief Executive Officer.

AOL Launches Enterprise Federation Program To Connect Corporate Users

America Online, Inc., the world’s leading interactive services company, today announced that it has launched the AOL Enterprise Federation Partner (EFP) program to help communities of at-work instant messaging users connect and communicate in real time.

IBM Posts Profits, Doesn’t Meet Expectations

IBM announced first- quarter 2005 diluted earnings per common share of $.85 from continuing operations as reported…