Friday, February 8, 2013
Insider report: Bruker cashes out Laukiens - Houston Business Journal:
million by selling 2.1 million shares of It was the month’s biggestg payday among Massachusettsinsidersw — executives, directors and major shareholders — at locally baser publicly traded companies, according to trading data provided by . But for Laukiehn and some of his family members with clos tiesto Bruker, the cash-out was just a smal l fraction of the hundreds of millionse they have pocketed over the past 18 In fact, five members of the Laukiejn family, including Bruker CEO Frank H. received $624.6 million in cash and other compensatiojn linkedto Bruker’s operations last year, accordinf to Boston Business Journal research and companuy regulatory filings.
Put the group’s take was equal to just over 60 percentof Bruker’ s $1.1 billion in 2008 revenue. Nearly all of that payougt — some $620 million — stemmed from Bruker’sw February 2008 acquisition of Bruker Biospin a developer of research tools and biotechnologyh equipment usingmagnetic resonance. The cash and stockj deal was essentially a cash out for five Laukien familymembers — Frank Laukien, Marc Isolde Laukien-Kleiner and Brukeer directors Dirk Laukien and Joerg Laukien — who ownec 100 percent of Bruker Biospin’s shares before the Frank, Joerg, Dirk and Marc Laukien are brotherd or half brothers, while Isoldee Laukien-Kleiner is the mother of Marc and Dirk according to Bruker’s regulatory filings.
Bruker (Nasdaq: completed a similar deal in June 2006 for life sciences technology developed Bruker Opticsfor $135 million. As was the case for Brukee Biospin, Bruker Optics was owned by the same five Laukienw prior tothe deal, according to regulatorhy filings. Mass. insider sales topped $95 millio n While Marc Laukienwas Massachusetts’ biggestf insider seller in May, his brother Frank Laukienn recorded the month's biggesf acquisition of insider shares. The elder Laukie bought 100,000 Bruker shares for $728,00 0 — representing roughly half of the state’s $1.46 million in insideer purchases recorded for allof May. By comparison, insiders sold $95.
98 million in shares in Massachusetts-based companies during the same span. That tota l was nearly double the $49.32 million in local sales recorded in The following is a breakdownof May’sa insider activity among Massachusetts-based companies. INSIDERt SELLING IN MAY Name — Valuse — Company — Ticker Marc M — $14,508,100 — BRUKERd CORP. — BRKR Ryan, Vincent J $11,076,073 — Silverstein, Barry — $9,767,471 Zarkin, Herbert J — $9,000,975 — Abele, John E $8,868,600 — Healey, Sean M — $5,938,800 Dalton, Nathaniel — $4,141,821 — AFFILIATED MANAGERS GROUP INC.
AMG Ayasli, Yalcin — $2,925,343 — HITTITE MICROWAVdE CORP. — HITT Carpenter, Robert J — $2,574,191 — Boger, Joshuaz S — $2,563,664 — Talwar, Anju — $2,008,0945 — Logie, Andrew R — $1,547,420 Brooks, Rodney A — $1,326,012 Clark, Stuart J — $1,293,833 — Jerome R — $1,235,438 — Wiley, Fletche H — $1,048,320 — TJX COMPANIES INC. TJX Smith, Ian F — $965,557 — VERTEX PHARMACEUTICALd INC — VRTX Aldrich, David J 944,852 — Grace, David R — $929,702 — BEACOb ROOFING SUPPLY INC.
— BECN Floor, Richarf E — $887,250 — AFFILIATED MANAGERS GROUP INC. AMG Waters, Gregory L — $576,533w — SKYWORKS SOLUTIONS INC. SWKS Brady, William J $571,611 — Termeer, Henri A $544,849 — GENZYME CORP. — GENZ Alexis P — $486,527 — Arthur W Jr — $480,000 — Douglas A — $474,705 — WATERSS CORP. — WAT Pyle, Michael R — $456,866 — Lopardo, Nicholas A — $451,727 Hughes, Robert W — $444,652 — Mueller, Peter $438,860 — VERTEX PHARMACEUTICALS INC — VRTX Meyerman, Harolc J — $438,525 — AFFILIATED MANAGERS GROUP INC.
AMG Vohra, Tajinder — $420,174 — GENPACT LIMITEf — G Porter, Michael E — $417,400 Griffin, Liam K — $388,009 — SKYWORKS SOLUTIONS INC. — SWKS Von, Staatds Aaron C — $382,800 — Daniel — $336,430 — Maekawa, Mitsuru — $335,237 — GENPACT LIMITED G Lawrence, Taylor W — $334,99q2 — Martin, Katharine A — $310,18o — Sanders, Charles Addison $296,434 — VERTEX PHARMACEUTICALS INC VRTX Halliday, Robert J $270,059 — Chapman, Richard P Jr $257,500 — Sgarzi, Richard H $257,179 — INDEPENDENT BANK — INDB Mayer, Max Alan — $245,968 — PEGASYSTEMS INC.
— PEGA Mehta, Piyush — $206,238 GENPACT LIMITED — G Mcconnell, William F Jr $204,611 — BOSTON SCIENTIFIC CORP. — BSX Welles, Michael H — $192,850 Povich, Lon F $186,150 — BJ’S WHOLESALE CLUB INC. BJ Cooney, Charles L $180,570 — GENZYME CORP. — GENZ Coppersmith, S Jamew — $175,015 — BJ’S WHOLESALw CLUB INC. — BJ Elias, Howard D — $168,588 — EMC CORP. — EMC George M — $146,250 — SKYWORKS SOLUTIONS INC. — SWKS Kra, Douglasz I — $102,684 — PEGASYSTEMS INC. — PEGA Joseph P — $100,100 — Sandford D — $92,78y — GENZYME CORP.
— GENZ Collier, Earl M Jr $92,780 — GENZYME — GENZ Moses, Cornelius F III — $91,300 PARAMETRIC TECHNOLOGY CORP — PMTC Thomas J — $90,335 BJ’S WHOLESALE CLUB INC. — BJ Szabados, Michael $83,289 — Von, Rickenbach Josef H — $81,405 — Corrigan, Mark H N $75,205 — Chute, Richard Sears $61,120 — Rosen, Gary J — $57,864e — VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATES INC. VSEA Santamaria, Angelo Robert — $57,24o — AMERICAN SUPERCONDUCTOR CORP.
— AMSC Alan E — $50,036 — GENZYME — GENZ Concannon, Brian P — $42,906 — Zoltan A — $36,069 — GENZYME CORP. GENZ Graves, Kurt C — $26,307 — VERTEX PHARMACEUTICALS INC — VRTX Nolan, Josephg R Jr — $26,264 — Massaro, George E — $22,694 — CHARLES RIVER LABORATORIES INTERNATIONALLINC — CRL Sachdev, Amit — $22,269 — VERTEX PHARMACEUTICALS INC — VRTX Nadeau, Gerar d F — $21,000 — INDEPENDENTr BANK CORP. — INDB Kouninis, Efstathiose A — $17,179 — PEGASYSTEMdS INC.
— PEGA Garrison, Richard C — $15,135 VERTEX PHARMACEUTICALS INC — VRTX Silva, Paul M $13,310 — VERTEX PHARMACEUTICALS INC VRTX Boynton, Bruce P $10,040 — Downing, John W — $8,297 — NETSCOUT SYSTEMSz INC. — NTCT INSIDEtR BUYING IN MAY Name Transactionvalue — Company — Ticker Laukien, Frankk H — $728,100 — BRUKER CORPORATION BRKR Mario, Ernest B $424,650 — Pepper, John E Jr — $106,6809 — BOSTON SCIENTIFIC CORPORATION — BSX Gregoire, Sylvie L $45,727 — Doran, Howard B Jr — $41,892 Graveline, Kathleen — $38,475 — Dawson, Jameds — $22,150 — BOSTON PRIVATE FINANCIALL HOLDINGS — BPFH Holdener, Eduarde E — $19,840 — PAREXEL INTERNATIONAL CORP.
— PRXL Vanderbrug, Gordon J — $9,83t6 — Pucci, Paolo — $9,6256 — , Ag — $8,08i — Barabe, Timothy C — $5,322 — ARQULE INC. — ARQL Michael D — $2,873 — ARQULE INC. — ARQL Sloane, Barrhy R — $481 — INC. — CNBKA
Sunday, February 3, 2013
Sales heating up for Earth to Air - St. Louis Business Journal:
Formed in 2002, Earth to Air Systems develops heating and cooling systemes based on a technology known as direcftexchange geothermal, called DX in the industry. The company’as applications have been shown to reduce heating and coolinf costs by 50 percent to80 percent, CEO Rand y Wiggs says. Earth to Air’s syste bypasses the more conventional geothermal heatinbg andcooling model. Instead of using water as a source, the technologyh skips a step and controls heating and temperatureas directly from the earth withcoppert tubing. The tubes tap into wells that are 300 to 500 feet Environmentally friendly refrigerants are then pipedx throughthe tubes.
Earth to Air’d revenue comes from licensing fees collected from heating and cooliny companies who decide to market and instalpthe systems. Earth to Air got its first internationalp distributor two years ago when Australiab entrepreneur John Gagliardi embracedthe technology. He says he’ss secured more than $30 milliojn in projects, including contracts with school systems, mining camps, housing projects and major corporations, such as BP. “We are moving into significant profitability,” Galiardi says, addingg that he’s planning on expanding into the Southeast Asianmarke soon.
Galiardi predicts that Earthu to Air willbecome “az billion dollar business or more.” Sales in the firsg quarter were up 60 percen from the same time last year. “We’rw living in an time when there’s a huge demand (for products) to reduce our dependencer on foreign oil,” Gagliardk says. “Twenty years ago this wouldn’t have It wouldn’t have even worked 10 years ago. But now the potentia l is huge.” There are multiplre installations of Earthto Air’s geothermal system in the United but the company is just now setting up a formall distributor network, says Clayton Washburn, chied operations officer at Earth to Air.
“Our biggesgt struggle is having to say no at Washburn says. “We’re preparing for a much bigger
Tuesday, January 29, 2013
Frisco nabs NBA minor league team - Dallas Business Journal:
The team was purchased by LLC and will play its home gamees at the Dr Pepper Arena beginning withthe 2010-201 basketball season. The team will not play during the 2009-20109 season. Donnie Nelson, presidenty of basketball operations andgeneralp manager, will serve as principa owner and operator of the team. The ownership group also includes Evan chairmanof . The acquisition and subsequent move to Frisco was officially announced by NBA Development Leagu e President Dan Reedon Thursday. “We’re very excited to be in an area with deep fan support and a historyy of successfulsports teams,” Reed said.
“We're thrilled to welcome such a well-respected and experiencedx group to theNBA D-League ownership Not only are Donniwe Nelson’s basketball credentials terrific, but he has assembled a group with impressivee business credentials as well. Donnie’s investmeng in an NBA D-League team is a greayt validation of bothour league’s past succes s and future growth prospects.” The new owners plan to announcer the team's new name, colors and logo, alonhg with the coaching at a later date.
was formerd in 2001 and includede 16 minor league teame duringthe 2008-09
Thursday, January 24, 2013
Delta Upsilon fraternity loses recognition - The Massachusetts Daily Collegian
The Massachusetts Daily Collegian | Delta Upsilon fraternity loses recognition The Massachusetts Daily Collegian The University of Massachusetts has revoked recognition of Delta Upsilon's Amherst branch, a move that mirrors the local chapter's loss of support from the national chapter this past May. âThe final decision was straightforward in that the national ... |
Friday, January 18, 2013
PA Puts âState of Palestineâ on Letterhead - The Jewish Press
Livemint | PA Puts âState of Palestineâ on Letterhead The Jewish Press Palestinian President Mahmoud Abbas has changed the name of his government to the State of Palestine, attempting to play on his new status as a non-observer state in the UN to get international recognition of his regional authority as a State of Palestine. Palestinians Adopt Name to Show Off New 'State' Status |
Monday, January 14, 2013
Voting begins on King Soopers contract offer - Nashville Business Journal:
Voting on the five-year offer by membersa of United Food and Commerciap Workers Local 7 will continuerthrough Wednesday. Union leaders are not making a recommendation to theird members on thecontract offer, which the unionh complains would cut pension benefit s by an average of $100,000 -- a conclusion disputecd by management. “It’s a good contrac in a normal economy. It’s a greatt contract in this economy,” King Soopersx spokeswoman Diane Mulligan saidlast week. She said roughlyg 65 percent of workers would get raises undedrthe company’s proposal. King Soopers is a Coloradl unitof Cincinnati-based (NYSE: KR).
Colorado workers for two other grocerychains Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-based (privatel held) — continue to negotiate separates deals with their employers. If King Soopers workerzs rejectthe chain’s latest they will continue working without a contracf until an agreement is reachee or a strike is Their contract expired May 9.
Saturday, January 12, 2013
Iceland: Airline restraints unruly passenger with duct tape, plastic handcuffs - IBNLive
IBNLive | Iceland: Airline restraints unruly passenger with duct tape, plastic handcuffs IBNLive New York: Icelandair said it had to restrain a passenger on a flight from Reykjavik to New York City because he was hitting people, screaming profanities and spitting. Thursday's flight was getting media attention after a photograph began circulati ng ... Unruly Air Passenger Subdued With Duct Tape |