Market Report -- In Play ()

November 2, 2009 8:16 AM ET

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Related topics: Movers

On The Wires Northrop Grumman (NOC) announces that its milli-Hemispherical Resonator Gyroscope-based precision pointing concept has been selected by the U.S. Army Night Vision and Electronic Sensors Directorate for exploration under the Far Target Location Improvement Program Broad Agency Announcement. Under this contract, Northrop Grumman will develop a lightweight, low-power precision pointing technology demonstrator providing improved target accuracy and performance over currently fielded Far Target Locators... CACI International (CACI) announces that it has been awarded a $29 mln prime task order to support financial management functions of the Joint Staff Comptroller at the Department of Defense. The four-year contract was awarded under the U.S. Navy's SeaPort Enhanced contract vehicle... SRS Labs (SRSL) announces that it is partnering with leading digital media company, DivX (DIVX) to develop the SRS WOW HD DivX Edition plug-in for the popular DivX player and DivX Web Player... Altera Corporation (ALTR) announces the new Cyclone IV FPGA family... OSI Systems (OSIS) announces that its Healthcare Division, Spacelabs Healthcare, has expanded its sales coverage in the United States by contracting with three Manufacturer's Representative organizations to enhance the Company's ability to serve clinicians and healthcare facilities more effectively with Spacelabs' broad portfolio of patient monitors, telemetry, connectivity solutions, anesthesia systems, diagnostic cardiology products, clinician training and award-winning service... Progress Software (PRGS) announces the availability of its enhanced Progress DataDirect Connect for ODBC database driver for Microsoft (MSFT) SQL Server... Adeona Pharmaceuticals (AEN) announces that it has received Institutional Review Board approval to initiate a 60 patient, randomized, double-blind, placebo-controlled clinical trial of its patent pending Zinthionein ZC-GS150 in an Alzheimer's disease and mild cognitive impairment patient group... BNY Mellon (BK) Asset Management announces that it has acquired a 20% minority interest in Siguler Guff & Company, a multi-strategy private equity firm with approximately $8 bln in assets under management and committed capital. Siguler Guff's focused investment offerings include fund of funds targeting distressed security investing, investing in emerging markets, including Brazil, Russia, India and China, and investing in small cap buyout opportunities... Masimo (MASI) announces that the Ninth Circuit Court of Appeals has affirmed the 2006 Federal District Court decision that Tyco Healthcare, now Covidien, violated the antitrust laws through anticompetitive business practices related to the sale of its Nellcor pulse oximetry products. The 2006 decision found that Tyco had unlawfully maintained monopoly power in violation of Section 2 of the Sherman Act, and that Tyco's sole-source agreements and market-share based compliance pricing contracts were unlawful restraints of trade in violation of Section 1 of the Sherman Act and unlawful exclusionary dealing arrangements in violation of Section 3 of the Clayton Act.

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