Cyberonics recently announced their 4th quarter and fiscal year results. The medical technology company has been gaining traction with their novel Vagus Nerve Stimulation (VNS) Therapy System. Overall company sales totaled $167.8 million. The gross profit for the 4th Qtr … Continue reading →

Anthera Pharmaceuticals, Inc., a biopharmaceutical company focused on developing and commercializing products to treat serious diseases associated with inflammation, recently announced that Colin Hislop, M.D. has been promoted to chief medical officer. Dr. Hislop replaces James E. Pennington, M.D., who … Continue reading →

Blyth, Inc. reported net income of $4.5 million, or $0.51 per diluted share, in the first quarter of 2010 ending 4/30/2010. The company earned net income of $2.4 million, or $0.27 per diluted share, in the first quarter of 2009. … Continue reading →

Cherokee Inc. reported net income of $2.9 million, or $0.33 per diluted share, in the first quarter of 2010. The company earned $3.8 million, or $0.43 per diluted share, in the corresponding quarter in 2009. Cherokee Inc. said that royalty … Continue reading →

IT security and backup provider SonicWALL Inc. today announced it will be acquired by an investor group led by Thoma Bravo LLC for approximately $717 million. Per the agreement, SonicWALL shareholders will receive $11.50 in cash for each share of … Continue reading →

SonicWALL Inc., a leading provider of IT security as well as data backup and recovery solutions, announced that it has agreed to be acquired by an investor group led by Thoma Bravo, LLC. The acquisition, valued at $717 million, was … Continue reading →

Iconix Brand Group, Inc. announced that it has closed on its purchase of United Media Licensing from the E.W. Scripps Company (SSP). Iconix Brand Group, Inc. paid $175 million subject to a working capital adjustment. United Media Licensing, which was … Continue reading →

InnSuites Hospitality Trust reported net income attributable to controlling interest of $97,000, or $0.01 per diluted share, in the first fiscal quarter of 2011, which ended 4/30/2010. The company earned net income of $532,000, or $0.04 per diluted share, in … Continue reading →

It is always difficult being ahead of the curve in the technology field. Blazing a trail of new ideas and techniques can often appear “crazy” to many. As Apple led its charge many had no idea where it would go … Continue reading →