Falconbridge reported consolidated earnings of $221 million (basic earnings per share of $1.22 and diluted earnings per share of $1.21) for the first quarter 2005.
Microsoft Settles With Gateway For $150 Million
Microsoft has reached an agreement with Gateway to resolve legal issues between the two companies.
Sony Generates $150 Million in 2 Days in North America
Sony Computer Entertainment America announced that the first week sales of the PSP handheld entertainment system generated more than $150 million at North American retailers…
Nortel Invests $10 Million in Sasken
Nortel has invested US$10 million in Sasken Communication Technologies Limited for an undisclosed stake in Sasken’s fully diluted equity, the companies announced today.
Scotiabank Seeks $600 Million From Argentina
Scotiabank is seeking more than US$600 million from the Government of the Republic of Argentina under a treaty intended to protect the interests of investors of one country doing business in the other.
Krispy Kreme’s $225 Million Financing
Krispy Kreme Doughnuts announced that its subsidiary, Krispy Kreme Doughnut Corporation, closed senior secured credit facilities aggregating $225 million…
Lockheed Martin Enters $37.8 million Contract With Air Force
Lockheed Martin received a $37.8 million contract to provide the U.S. Air Force with Precision Engagement production kits to modify A/OA-10 aircraft.
Pentagon Puts $12 Million Toward Robot Surgery
The Pentagon is putting $12 million toward the development of an unmanned “trauma pod”.
Sony Ordered To Halt Playstation Sales, Pay $90 Million
A ruling in a US court has caused some major upheaval for Sony Computer Entertainment (SCE). A federal district court in California ruled the SCE must cease sales of its Playstation and Playstation 2 consoles, while paying the company Immersion $90 million because of complaints stemming from a patent infringement case.
Lexar Wins $380 Million from Toshiba Trial
A jury found Toshiba liable of breach of fiduciary duty and theft of trade secrets after a six week trial, and awarded Lexar over $380 million in damages.