WILSONVILLE, Ore.----Mentor Graphics Corporation today announced record third quarter revenue of $190.6 million, up 16% from the prior year third quarter. Earnings per share were $.03 on a GAAP basis, and $.12 on a non-GAAP basis.
With the economy slowing as expected, the Fed will probably keep rates steady Wednesday. Also on tap: third-quarter gross domestic product and new and existing home sales
It would appear that the economy is progressing just as the Federal Reserve had expected. Economists at the central bank have forecast a deceleration in economic growth over the second half of the year. This week's release of third-quarter economic growth figures is expected to show an annualized rise of just 2.2%, vs. 2.6% in the second quarter. It would appear Fed Chairman Ben Bernanke can sit
The acquisition, which includes most of the assets associated with Chimes, is expected to close in the first quarter, subject to regulatory and shareholder approvals.
Computer Horizons Corp., a provider of strategic and professional services, said Wednesday it agreed to sell its Chimes work force procurement and vendor management software unit to Axium International Inc. for $80 million in cash.
CAMPBELL, Calif.----Apresta, innovators in providing wireless access to enterprise data, reports that nearly 80 percent of top performing companies plan to invest in mobile sales productivity tools to drive top-line growth within the next year, based on a study conducted by Aberdeen Group and underwritten by Apresta.
By Jeff Zimmer, The Herald-Sun, Durham, N.C. Oct. 10--The Durham online software firm Smart Online has sold most of the assets of the firm it acquired last year when it bought Computility, a Web-based software company in Iowa.