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This pharmaceutical firm is defying short sellers with its 50-percent rally this year

2008-11-19 21:41:00| SchaeffersResearch.com Market Observations

It may seem hard to believe, but there are plenty of stocks that have collected impressive year-to-date gains, even amid the stomach-churning market turmoil of 2008...(Read More)

Tags this year short firm

 
State sues Web/SEO firm for fleecing mom-and-pops

2008-11-14 16:20:03| digg

Washington state is suing a search engine optimization and Web services outfit that has done business under the names Visible.net, Captures.com and WebMarketingSource.com. In essence, the state says these entities have ripped off thousands of dollars from mostly mom-and-pop sites through unfulfilled performance promises and financial shenanigans.

Tags state firm sues fleecing

 
 
Valeant Pharmaceuticals Buys Australian Firm

2008-11-14 14:25:00| socalTECH.com - Southern California High Tech News

Aliso Viejo-based Valeant Pharmaceuticals said today that it has acquired an Australian specialty pharmaceuticals firm, DermaTech Pty Ltd. Valeant said it paid approximately AU$19M ($12.5M US) for DermaTech, which develops products for the dermatology market. Valeant said that DermaTEch currently has annual net sales of approximately AU$10.5M ($6.9M US). Valeant Pharmaceuticals is a developer of a wide range of neurology and dermatology pharmaceuticals.

Tags firm australian buys pharmaceuticals

 
YouTube director Patrick Walker joins board of digital distribution firm myvideorights.com

2008-11-14 11:41:41| Guardian Unlimited Business - more business news

YouTube's director of video partnerships Patrick Walker has become an investor in and joined the board of myvideorights.com, the digital distribution firm backed by former Endemol chief creative officer Peter Bazalgette.Walker, who oversees Europe, Middle East and Africa in his YouTube role, joins a high-profile board that also includes former Carlton TV International chief executive Rupert Dilnott-Cooper, Richard Mansell, former director of Protiviti Technology and ex-Sun editor Kelvin Mackenzie.Although Walker's investment in the firm is in a personal capacity, the appointment of a senior YouTube executive is significant for the fledgling firm, which was established in August as a specialist online distributor and monitoring firm for professional web content. Walker joined Google-owned YouTube in January 2006 and has spent 15 years in the media industry working at Real Networks, Intel, the BBC and NHK. "Patrick's experience and knowledge in this field is second to none and YouTube is the most important video sharing site in the world," said Bazalgette, adding that YouTube is also in the early stages of trying to monetise videos through pre-roll and overlay ads.Content producers have struggled against the huge piracy problem online and YouTube, as the largest video-sharing website, has faced intense criticism from some media companies and rights owners.Parent company Google is still embroiled in a lengthy legal battle with media giant Viacom, though since the case began YouTube has stepped up its anti-copyright infringement technology to include a "digital fingerprinting" tool that scans uploaded clips and deletes them if they are listed in a database of copyrighted material.Bazalgette said the 40bn clips were watched online last year and that when he was at Endemol overseeing Big Brother the firm was struggling to monetise the millions of clips watched online because so many were illegally distributed."We know that more and more people and watching video clips served on the web, and that's how they want to watch," he added. "MVR has spent 1m on a technology platform that lets content owners distribute clips and platform owners use clips in a way that returns revenue and monetises those clips."MVR has already announced a distribution deal with YouTube, as well as independent production firms All3Media, Zodiak International and Eagle Rock, and sports giant ESPN International.Bazalgette said the firm would be pursuing its second round of funding early next year. "The state of the economy has had no effect on MVR at all, other than redoubling our efforts to build the business. It is true that online advertising is growing slightly less than it was, perhaps 15% annual growth rather than 25%, but this is still just the beginning," he added. To contact the MediaGuardian news desk email editor@mediaguardian.co.uk or phone 020 7239 9857. For all other inquiries please call the main Guardian switchboard on 020 7278 2332. If you are writing a comment for publication, please mark clearly "for publication".Google & the mediaYouTubeDigital mediaDigital videoGoogleGoogleguardian.co.uk © Guardian News & Media Limited 2008 | Use of this content is subject to our Terms & Conditions | More Feeds

Tags board digital director distribution

 
British firm JCB to cut 400 jobs

2008-11-13 22:42:30| The Economic Times

British construction equipment maker JCB said Thursday it will cut almost 400 jobs, announcing the losses just a month after 2,500 of its workers agreed to reduced pay and hours in a bid to save their positions.

Tags jobs firm cut british

 

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