Compuware Corp. (CPWR) yesterday announced that it will acquire privately-held Gomez Inc. for $295 million in cash. The acquisition is expected to be completed by November and dilute fiscal 2010 EPS due to an amortization charge of $5 million per quarter. Management expects to see a positive impact on 2011 results.   Headquartered in Detroit, Michigan, Compuware provides software products and professional services to many of the largest users of information systems in the world. Headquartered in Lexington, Massachusetts, Gomez is a leader in web application experience management and its clients include Google and Facebook. Gomez employs 272 people around the world. Compuware plans to retain all of them after the close of the transaction.   Compuware as well as Gomex provides unified application performance management solution. Management added that while other players have fragmented solutions, only Compuware and Gomez can optimize application performance across the enterprise and ...

It was a Wednesday afternoon when Cubist Pharmaceuticals have publicly announced that they have been named to be in the top spot in the MassEcon Sixth Annual Team Massachusetts Economic Impact Awards in the Greater Boston Region. The Massachusetts Alliance for Economic Development also known as MassEcon is a private, non-profit partnership of business, industry leaders and government who are working hard for the economic growth of Massachusetts. With two other pharmaceutical companies bagging the silver and bronze level, it was the life science companies that sweep the awards in the Greater Boston Region.

Cubist Pharmaceuticals Inc. is a biopharmaceutical company that is into the research and development and commercialization of pharmaceutical products that address unmet medical needs in the acute care environment.

The winning companies were judged on their investment in

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The business world loves a good economic indicator. Chief executives, budget planners, small-business owners, and others who must make assumptions about the health and direction of the economy take a keen interest in popular indicators such as consumer confidence, gross domestic product, housing starts, stock prices, employment data, and even the price of gold.

Economic indicators may take on extra significance when the nation is in a recession and anxious for signs of a recovery because the national psyche plays a key role in business cycles. People who are not experiencing any personal financial problems may nonetheless rein in their spending or alter the timing of major purchases when the news is telling them that the national economy is in difficult straits.

Right on the Kisser

When investors and economists anticipate that the economy is approaching a turning point, they may look in some unusual places for early indications of a shift in

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DrStockPick.com Stock Report!

Tuesday September 8, 2009

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AvalonBay Communities, Inc. (NYSE:AVB) announced today that it has commenced a cash tender offer (the “Tender Offer”) for up to $300,000,000 in aggregate principal amount (the “Maximum Principal Amount”) of AvalonBay’s outstanding 7.500% Medium-Term Notes due December 15, 2010 (the “7.500% Notes”), 6.625% Medium-Term Notes due September 15, 2011 (the “6.625% Notes”), 5.500% Medium-Term Notes due January 15, 2012 (the “5.500% Notes”) and 6.125% Medium-Term Notes due November 1, 2012 (the “6.125% Notes”) at a purchase price per $1,000 principal amount, in each case, as set forth in the table below and on the terms and conditions

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Mid-America Apartment Communities Inc. (MAA), a self-administered and self-managed real estate investment trust (REIT), recently announced the retirement of its CFO Simon Wadsworth as part of the long-term succession-planning program.

The company’s Executive Vice President, Treasurer and Director of Financial Planning Albert Campbell will replace Simon Wadsworth. Campbell joined Mid-America Apartment in 1998 as Vice President of Financial Planning and was later promoted to Senior Vice President and Treasurer of the company in 2003.

Mid-America Apartment owns and manages apartments in the Sunbelt region of the U.S. The company defines its portfolio in two tiers– primary markets and secondary markets. Having a diversified presence in diverse markets helps mitigate risk and decreases volatility in the event of a slowdown in any one product type.

Primary markets are relatively larger in size compared to secondary markets. On the other hand, secondary markets often have stable fundamentals due to limited

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Beacon Enterprise Solutions Group, Inc., a leader in advanced IT solutions, announced the opening of three new markets for its IT infrastructure management services.

Beacon’s three new locations include: Rochester, NY; Raritan, NJ; and Lexington, KY. The new locations will employ approximately 15 people by July. At this time, Beacon’s employees and certified contractors are positioned to service approximately 85% of the US marketplace.

“The addition of these three new markets has increased our current tally of permanently staffed domestic locations to six, as we quickly approach our previously stated projection of 12 locations across North America by the end of 2009,” said Bruce Widener, Chief Executive Officer. “This rapid expansion is driven by the significant demand we have experienced for Beacon’s fully-integrated suite of IT infrastructure management solutions, with mid-sized enterprises and Fortune 500 companies experiencing significant pressure to streamline their technologies, improve efficiencies and cut costly internal IT departments

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Mr. Market has begun to show clear signs of split personality disorder in recent weeks. Now that investors have exhaled in relief that a deflationary apocalypse has been avoided, the new reality of reflation and stagnation is sinking in…

“Mr. Market” is starting to show clear signs of split personality disorder.

On the one hand, certain areas of the market – the ones much favored in the big run-up – have started to wilt and fade as the much-lauded “green shoots” turn brown. On the other hand, other areas of the market – which didn’t participate so much in the rally at first – have started showing signs of life.

Take the grain markets for example. Foodstuffs like corn, wheat, soybeans and sugar have been red-hot in recent days.

We can see this in the Powershares

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Consumer spending, responsible for the bulk of U.S. gross domestic product (GDP), slowed in July as the effects of the government’s stimulus package tapered off. The Commerce Department announced that consumer spending grew at a 0.2% rate in July. But on an inflation-adjusted basis, consumer spending dropped 0.4%, as high prices took their toll on the household budgets of strapped consumers. "The temporary impact of the stimulus has passed, and it looks like consumer spending is on track to decline in real terms in the third quarter," John Ryding, the chief economist at RDQ Economics, told The New York Times. "It’s certainly a wake-up call to people who [Thursday] looked at the GDP report and said, ‘Hey, the economy grew by 3.3%, so everything’s O.K.’ " With consumer spending on the decline, the U.S. economy is unlikely to match the pace of ...