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LabCorp sees revenues jump from Covance deal, but profits slide

2015-04-28 08:14:57| Biotech - Topix.net

Laboraratory Corp. of American saw its revenues rise during the first quarter thanks largely to its purchase in mid-February of drug development services company Covance . But that boost in revenues didn't translate into stronger profits, with the Burlington-based LabCorp posting net earnings of only $700,000 after more than $100 million in costs related to the Covance deal were factored in.

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Cato CEO sees 57% jump in compensation

2015-04-23 02:43:31| Apparel - Topix.net

Cato Corp. CEO John Cato 's total compensation jumped nearly 57 percent to $4.6 million in fiscal 2014, which ended Jan. 31. That's up from $2.9 million the previous year, according to a company filing with the U.S. Securities and Exchange Commission on Tuesday. Cato's compensation includes a base salary of roughly $1.1 million.

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Portable Jump Starter targets fleet companies.

2015-04-22 14:31:07| Industrial Newsroom - All News for Today

Measuring 9 in. tall and weighing less than 4 lb, mPower Truck Jump delivers 1,000 A for 12 V batteries and 500 A for 24 V batteries. Unit automatically detects battery voltage system and provides multiple electronic safety protections, including reverse polarity, reverse charge, short circuit, overload, and starting override. In addition to large trucks and commercial operations, jumpstarter/multi-purpose charger is suited for buses, cars, vans, SUVs, and boats.

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Wisconsin home sales jump 16 percent in March

2015-04-21 00:09:27| Real Estate - Topix.net

The Wisconsin Realtors Association says sales of existing homes in Wisconsin jumped 16 percent in March, compared with the same time a year ago. In a statement, association Chairman Dan Kruse says the housing market "is definitely heating up" heading into the prime home buying season.

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