Archive for June, 2008

Wacky Mackey of Whole Foods regrets Wild Oats deal

by Alexandra Biesada, June 17, 2008, 7:00 am

Pity the long-suffering board members of Whole Foods Market who have to contend with founder and CEO John Mackey’s ill-considered blog outbursts. Mackey, who resumed blogging last month after …

Indian generic firm says “I do” to Japanese brand-name drugmaker

by Anne Law, June 16, 2008, 7:00 am

The announced deal in which #3 Japanese pharmaceuticals firm Daiichi Sankyo will purchase a controlling stake in India’s #1 pharma company (and Top 10 global generic drug manufacturer), Ranbaxy, is …

Hedge funds strike while the iron is hot (and the assets are distressed)

by Patrice Sarath, June 13, 2008, 9:50 am

With Bear Stearns safely in JPMorgan Chase’s pocket, and Lehman Brothers on the ropes, investors have been eyeing the weak and making their move. Carlyle Group just formed …

Why did the RWA chicken cross the road? Only the guy in Tyson’s mailroom knows for sure

by Barbara Murray, June 13, 2008, 7:00 am

RWA? That’s “raised without antibiotics” for all of us city-slickers. Seems chicken-champ Tyson Foods got in trouble with some of its birds. Sort of. Depends on who’s story you’re gonna believe.

Except for people living under rocks, everyone, including Tyson, knows that the American public wants …

Is the NBA rigged? It’s a questionable call.

by Larry Bills, June 12, 2008, 7:00 am

The NBA is in the headlines this week and not just because The Finals are in full swing. Disgraced referee Tim Donaghy has raised allegations that game officials are inappropriately directed by the league office to call or ignore fouls in ways …

Drugmakers vie for top spot among diabetes therapies

by Kristi Park, June 11, 2008, 7:00 am

Competition among developers of diabetes drugs heated up this week, as news related to a class of therapies called incretin mimetics put pressure on Amylin Pharmaceutical’s Byetta, the first such drug to win regulatory approval. Amylin co-markets the drug with …

Bear Stearns rests in good company: walking through the financial services graveyard

by Patrice Sarath, June 10, 2008, 7:00 am

The ignominious demise of Bear Stearns is the latest in a long line of similar obituaries. The histories of Hoover’s financial services company records are littered with the names of firms that once ruled Wall Street. It’s like playing six degrees of separation, only with E.F. Hutton …

Apple’s new iPhone, and other disruptions of life

by Jeff Dorsch, June 9, 2008, 7:00 am

Steve Jobs will mount a stage at the Moscone Convention Center in San Francisco this morning, and he will likely be wearing a black turtleneck and blue jeans. Oh, and he’ll talk about the latest version of the iPhone.

The occasion is …

Intel, Samsung, & TSMC push for bigger silicon wafers

by Jeff Dorsch, June 6, 2008, 7:00 am

When the semiconductor industry first started making microchips on round silicon discs, those discs were often one or two inches in diameter, and they came to be known as “wafers.” By the mid-1970s, chip makers were standardizing on silicon wafers measuring 100mm (about four inches) across. In …

Forget the geological survey, consult the Bible.

by Stuart Hampton, June 5, 2008, 7:00 am

Oil companies spend fortunes with such companies as CGGVeritas, Petroleum Geo-Services, and WesternGeco to survey the earth’s geological strata to detect through seismic wave technology and computer analysis that precious and diminishing commodity, oil.

But when it comes to the Holy Land, …