The Global Currency Conundrum

The great “conundrum” of the global markets at the moment — particularly in technology — is how the developed and emerging markets will cope with growing economic dichotomies, particularly with regard to currency movements and how they relate to global trade. Just take a look at the euro/dollar relationship, which during a one-year period has…

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Forecast: More Deal-Making in 2011

A number of macroeconomic trends, including increased corporate M&A activity in the second half of 2010, the availability of attractive debt financing, and stronger valuations for corporate assets, have set the stage for more corporate M&A activity in 2011. “For the past 18 to 24 months, companies focused their deal making strategies on synergies to…

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Sims Recycling Adds OHSAS Certifications

TAMPA, Fla. — Sims Recycling Solutions, the world’s largest electronics recycler is pleased to announce that their the two facilities in Tampa, FL have become the fifth and sixth Sims Recycling Solutions facilities in the United States to achieve OHSAS 18001 certification. OHSAS 18001 is an international occupational health and safety management system standard to…

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Vitesse Concludes SEC Settlement

CAMARILLO, Calif. — Vitesse Semiconductor Corporation (Pink Sheets: VTSS) today announced that the recommended settlement agreed to in June 2009 (the “2009 Settlement”) related to the SEC’s investigation of the Company’s historical stock option practices and accounting irregularities that occurred between 1995 and 2006 has been finalized with the United States Securities and Exchange Commission…

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Military-Aviation Semiconductor Sourcing Remains Problematic

Sustaining often decades-long semiconductor supplies for military and aerospace electronics remains an ever-steeper uphill struggle. Dealing with the daunting challenges for secure continuity of key electronic component supply without compromising quality and/or incurring excessive price premiums needs an entirely fresh business approach. The reasons for change are clear. There are platforms in service now that…

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Digi-Key, NEDA in Anti-Counterfeit Forum

THIEF RIVER FALLS, MN — Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry’s broadest selection of electronic components available for immediate shipment, recently participated in the Counterfeit Electronic Parts and Electronic Supply Chain Symposium at the University of Maryland in College Park, MD. Dave Doherty, Digi-Key’s vice president of semiconductor…

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Winland Calls For Vote on EMS Unit Sale

MANKATO, MN — Winland Electronics, Inc. (AMEX: WEX), a leading designer and manufacturer of custom electronic control products and systems, today announced the Company will hold a Special Meeting of Shareholders (the “Special Meeting”) of Winland Electronics, Inc. on Wednesday, December 29, 2010 at 2:00 p.m. local time, at the offices of Fredrikson & Byron,…

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Methode Reports Q2 FY 2011 Results

CHICAGO — Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, today announced financial results for the Fiscal 2011 second quarter ended October 30, 2010. Methode's second-quarter Fiscal 2011 net sales increased $8.1 million, or 8.2 percent, to $106.6 million from $98.5 million in the second quarter…

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