Electronic Theft Now Bigger Problem Than Physical Theft: Survey

Reported theft of information and electronic data is now a bigger crime problem than physical property losses, according to a poll by security consultancy Kroll.

More than 27% of 801 companies surveyed reported some kind of data loss, while the porti…

Contract Dispute Left Millions Without Fox Network Over Weekend

Three million households in the New York area were left without Fox programming this weekend as a contract dispute between Cablevision Systems (CVC) and News Corp. (NWS) rumbled on.

Millions of New York sports fans were unable to watch the Phillies play baseball on Saturday night and the Giants play football on Sunday, The New York Times reported.

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The two companies are struggling to…

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Contract Dispute Left Millions Without Fox Network Over Weekend originally appeared on DailyFinance on Mon, 18 Oct 2010 08:25:00.

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Philips Reports Third Quarter Profit of $728 Million

Royal Philips Electronics NV (PHG) reported third quarter earnings of 524 million euros ($728 million), or 55 euro cents per share, up from 174 million euros a year earlier.

Profit rose on lower costs and a gain of 154 million euros from the sale of…

St. Jude Medical to Buy AGA Medical for $1.3 Billion

Medical device company St. Jude Medical (STJ) will buy AGA Medical Holdings Inc (AGAM) for $1.3 billion, or $20.80 per share.

AGA Medical makes devices to treat heart problems through transcatheter treatments, St Jude Medical said today in a statement.

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The deal “will create a clear leader in the structural heart market, making St. Jude Medical the only company with programs across…

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St. Jude Medical to Buy AGA Medical for $1.3 Billion originally appeared on DailyFinance on Mon, 18 Oct 2010 07:38:00.

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