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...November, and the stock is up 32%. Magma Design, a tech IPO, has soared 45%. "We haven't seen a string like that in a long time," says Linda Killian, analyst at Renaissance Capital. Sensing a buoyant market a few months out, billionaire investor Laurence Tisch at Loews Corp. just filed to sell shares of his Lorillard Tobacco in an IPO. He too is reading the tea leaves--and seeing good things...
Small companies are generally reluctant to tangle with big ones in patent disputes, which can take years and cost millions of dollars. But recent cases--including a 1997 judgment in which Fonar Corp. won $128 million from General Electric over use of magnetic resonance imaging (MRI) technology--have persuaded more lawyers to represent the little guys on a contingency basis. "Lawyers today realize there are efficient ways to handle these cases," says Frederick Tecce of Philadelphia, a former U.S. attorney who now takes patent cases. Tecce represents designer Eric Hicks, who has sued Nike over popular TV commercials in which...
...strong reputation in certifying and testing software for non-English users. Berlitz GlobalNET, based in New York City, is adept at consumer marketing. SDL International, based outside London, and Logos, based in Modena, Italy, cater to a wide range of European clients. In Asia, firms like Tokyo's Toin Corp. and Hong Kong's Real Idea have established fast-growing enterprises for clients such as Kyocera and Sony, respectively. "No vendor can cover all languages," says Ric Ginsberg, a vice president at Oracle, which translates its software into 28 tongues, outsourcing much of the work. "One vendor might be good...
When Southern Co. spun off subsidiary Mirant Corp. last April, Fuller, 41, was tapped to head the newly independent entity. She became CEO of a $13 billion, publicly traded company that builds and operates power plants and sells electricity and natural gas in North America, Europe and Asia. Last month's announcement by Mirant, once known as Southern Energy, that its third-quarter earnings had more than doubled those in last year's third quarter coincided with the announcement that Fuller was named to the board of Earthlink...
Note: Stock price changes are year-to-date. *AMR Corp. is parent company of both airlines. Sources: Goldman Sachs, Bloomberg, Air Transport Association, AAA. Reported by Laura Bradford