latest news releases from the newsroom
Northrop Grumman Corp.
Photo Release -- Northrop Grumman E-2D Advanced Hawkeye Begins Next Phase of Flight Testing
BETHPAGE, N.Y., June 10, 2009 (GLOBE NEWSWIRE) -- Almost 22 months after its first flight over the skies of St. Augustine, Fla., Northrop Grumman's (NYSE:NOC) first E-2D Advanced Hawkeye test aircraft flew north to Naval Air Station Patuxent River, in Maryland, to begin the next phase of testing in preparation for Initial Operational Test and Evaluation in 2011.
Echo Global Logistics, Inc.
Echo Global Logistics, Inc. Acquires Raytrans Distribution Services, Inc.
CHICAGO, June 10, 2009 (GLOBE NEWSWIRE) -- Echo Global Logistics, Inc., a technology-driven transportation management firm, has acquired Raytrans Distribution Services, Inc., a transportation brokerage firm based in Matteson, Illinois.
RFMD(R) Announces Availability of Gallium Nitride (GaN) Foundry Services
BOSTON, June 10, 2009 (GLOBE NEWSWIRE) -- RF Micro Devices, Inc. (Nasdaq:RFMD), a global leader in the design and manufacture of high-performance semiconductor components, today announced the Company has formed a gallium nitride (GaN) Foundry Services business unit to supply high-reliability, high-performance and price-competitive GaN semiconductor technology into multiple RF power markets. The RFMD GaN Foundry Services business unit will leverage the Company's industry leadership in gallium arsenide (GaAs) manufacturing capacity and cycle times, as well as a range of new customer services, to drive shorter time-to-market and minimize time between initial wafer order and final delivery. RFMD is the industry's leading manufacturer of GaAs compound semiconductors. RFMD's GaN manufacturing is interchangeable with its GaAs manufacturing and directly benefits from the scale and demonstrated expertise of RFMD's industry-leading wafer fabrication capability.
Medicis Pharmaceutical Corporation
Medicis Declares Cash Dividend
SCOTTSDALE, Ariz., June 10, 2009 (GLOBE NEWSWIRE) -- Medicis (NYSE:MRX) today announced that its Board of Directors declared a quarter-end cash dividend of $0.04 per issued and outstanding share of its Common Stock payable on July 31, 2009, to stockholders of record at the close of business on July 1, 2009.