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In 1973 – two years before Microsoft (MSFT) was founded – Peter Karmanos, Jr., Thomas Thewes and Allen B. Cutting started Compuware Corporation (CPWR). It went public in 1992 and now has a market cap of $1.89 billion. Headquartered in downtown Detroit, it occupies a sleek building with 1.1 million square feet spread over 15 [...]
On July 12, NetApp, Inc. (NTAP) announced an “enhanced integration” with Microsoft Corporation (MSFT) that will help small- and medium-size businesses afford “enterprise-class data protection solutions” offered by cloud service providers. In other words, cloud computing used to be too expensive for a lot of companies; now they might be able to afford it. But [...]
At the end of June, aviation giant Boeing Co. (BA) announced that it planned to buy Argon ST (STST) for a reported $775 million in cash. A few details weren’t known at the time, though, such as how the acquisition would impact Argon’s top executives. Argon ST, which is based in Fairfax, VA, sells sensors, [...]
Logitech International, which makes all kinds of fancy computer mice and other gizmos, bills itself as “a world leader in products that connect people to the digital experiences they care about.” With dual locations in Switzerland and Fremont, Calif., the stock trades on both the Swiss Exchange (LOGN) and on Nasdaq (LOGI). Logitech plans to [...]
Much like the ubiquitous recliner itself, La-Z-Boy Inc.’s stock (LZB) has been rocking back and forth lately. But when we read the proxy that it filed July 6, we found our interest most piqued by some executive compensation changes. The filing noted that, in the wake of 2008′s economic meltdown, La-Z-Boy’s executives did not get a [...]
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