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- DynaVox defaults; moves to deregister stock Fri, 17 May 2013 20:37:55 +0000
Citing continued declining operating performance, the board of directors for DynaVox Inc. (OTC: DVOX) opted not to make a voluntary prepayment of $4 million to its outstanding indebtedness that was due March 29 and is in notice of default from its primary lender. The company revealed this in its third-quarter financial report. In the quarter ended March 29, the company reported a loss of $6.6 million, or 58 cents per share, on sales of $14.9 million. In the same quarter last year, the company had… - How Star Trek brings back memories for Dynamics Fri, 17 May 2013 18:01:02 +0000
I caught up with Dynamics Inc., the Cheswick-based next generation payment card maker, Friday morning as CEO Jeff Mullen was headed to the company’s regular movie outing.
Every few months the company takes a trip to the movies and lunch. “It’s a fun way to take everyone out for a few hours and have some fun,” he said.
More: Smart payment card firm Dynamics closes on $35M
On this day, the team was going to the 10 a.m. showing of “Star Trek Into Darkness,” and it had a special resonance… - So you wanna pitch to Blue Tree? Fri, 17 May 2013 17:27:14 +0000
I sit through a lot of startup pitch events — elevator, competitions, first time out, customer pitch, and things like this week’s Demo Day.
Each have a different feel to them, but Thursday evening I found myself watching the real thing.
I was sitting in on the Blue Tree Allied Angels May investor meeting. Two companies were pitching and about 16 investors sat in front of them, taking notes and paying close attention, weighing whether they would write a check. One was a life sciences company… - WTAE-TV GM named Hearst senior VP Fri, 17 May 2013 17:17:07 +0000
WTAE-TV President and General Manager Michael J. Hayes is moving up the corporate ladder, and was named to a senior vice president position in parent company Hearst Television.
Hayes has been president and GM of WTAE-TV since March 2011. Now he'll head to Hearst Television's New York headquarters and be responsible for its 29 TV stations, along with Frank Biancuzzo, senior vice president and group head. The promotion is effective June 1.
No replacement has been announced in Pittsburgh.
“Mike… - A DEP order compels a business deal Fri, 17 May 2013 17:11:48 +0000
First government regulation was bad for Paul Hart's business. Then it was good. After his Creekside-based company, Fluid Recovery Services announced this week it was acquired by Aquatech International, Hart traced the roots of the deal to a 2011 order by the Department of Environmental Protection. In April of that year, the DEP asked drillers to voluntarily refrain from trucking their well wastewater to facilities like the ones run by Pennsylvania Brine Treatment and Hart Resource Technologies… - Pa. jobless rate declines in April (Video) Fri, 17 May 2013 17:07:07 +0000
Pennsylvania's unemployment rate dropped in April with the third-largest monthly decline on record. The jobless rate is 7.6 percent, down three-tenths of one percent compared to March, according to data released Friday by the Pennsylvania Department of Labor & Industry. There were 13,000 more jobs added in the month statewide. "April was a tremendous month for job growth and the state’s employment situation," Labor & Industry Secretary Julia Hearthway said in a prepared statement. Pittsburgh… - FDA reviewing robot complaints Fri, 17 May 2013 16:41:13 +0000
The Food and Drug Administration has been interviewing doctors in a review of complaints about a popular robotic surgery device. In a prepared statement, FDA spokeswoman Synim Rivers said the survey was undertaken after an increase in the number of complaints received about the da Vinci surgical system. Sunnyvale Calif.-based Intuitive Surgical Inc. makes the robots, which are used in gynecological, kidney and general surgery. “Since it is difficult to know why the reports have increased, FDA… - New look to lists not just cosmetic Fri, 17 May 2013 16:05:08 +0000
Often, we at the Pittsburgh Business Times write about changes: ones that just happened, are happening or are about to happen.
If you are a regular and active reader of our lists, as most of you are, you have probably already noticed some significant changes.
The lists now will feature most of the same content you have grown to love, but hopefully with more context and in an easier-to-read, more-accessible package.
The updated new list layouts allow more opportunity to include art — photos of… - Top 5: Largest Pittsburgh-area printing firms Fri, 17 May 2013 15:58:07 +0000
This week, the Pittsburgh Business Times ranked the largest Pittsburgh-area printing firms.
Coming in at No. 5 on the list of the largest Pittsburgh-area printing firms was Raff Printing Inc., with 90 local employees.
For a sneak peek at the rest of the Top 5, click here.
The complete list of the largest Pittsburgh-area printing firms is available to subscribers via the digital edition or on Page 15 of this week's print edition of the Business Times. Want more research like this? Check out the… - Top 5: Largest tristate-area newspapers Fri, 17 May 2013 15:32:38 +0000
This week, the Pittsburgh Business Times ranked the largest tristate-area newspapers. Coming in at No. 5 on the list of the the largest tristate-area newspapers was The Catholic Accent, with a total average weekday circulation of 45,908. For a sneak peek at the rest of the Top 5, click here. The complete list of the largest tristate-area newspapers is available to subscribers via the digital edition or on Page 16 of this week's print edition of the Business Times. Want more research like this?…
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