Archive: May 31, 2009 - June 6, 2009
Early Briefing: Autos' One-Man PR Machine
Jack Fitzgerald, owner of nine Washington area dealerships -- seven of which are on the chopping block by General Motors and Chrysler -- left his headquarters on Rockville Pike mid-morning yesterday, armed with a black bag, full of thick consumer reports, pie charts and line graphs on cars. In the...
By Terri Rupar | June 4, 2009; 7:30 AM ET | Comments (1)
Iridium Says Sales Grew, Profit Fell
Bethesda-based Iridium Satellite said first-quarter revenue grew 2 percent, to $75.8 million, while profit fell almost 42 percent, to $9.7 million. The company attributed the profit decline to expenses related to its next-generation satellite program. Iridium, a private company that provides voice and other communications services via satellite, said subscribers...
By Terri Rupar | June 3, 2009; 2:07 PM ET | Comments (0)
New CFO for GeoEye
Dulles-based GeoEye named Joseph F. Greeves as its chief financial officer. He has previously held that post at companies including Managed Object Solutions, Lazard Technology Partners, and Opnet, which he helped lead through its initial public offering. Henry E. Dubois resigned as finance chief on Dec. 10, though he stayed...
By Terri Rupar | June 3, 2009; 1:10 PM ET | Comments (0)
Early Briefing: Union Holds Campaign at Landover Wal-Mart
The United Food and Commercial Workers held organizing campaigns at several Wal-Mart stores across the country this week -- including one yesterday in Landover Hills -- as it renews pressure on the world's largest retailer to increase pay and improve health benefits. In the Washington area, union representatives said they...
By Terri Rupar | June 3, 2009; 7:30 AM ET | Comments (0)
A Call for United Therapeutics
It wasn't a prank call that United Therapeutics President Roger Jeffs got at a conference. It was really from an Eli Lilly executive, who was interested in a partnership related to Cialis and pulmonary arterial hypertension. Read Mike Rosenwald's story of the opportunity it gave the Silver Spring biotech. In...
By Terri Rupar | June 1, 2009; 7:30 AM ET | Comments (0)
