Overseeing steady ascent

Article Abstract:

Blue Bell, PA-based C&D Technologies Inc. (formerly Charter Power Systems Inc.) posted $300 million in sales in fiscal 1998, and now has a gross margin of roughly 27%, but the company's CEO will not be around to see if the firm makes its goal of 30%. CEO Alfred Weber is retiring. Under Weber's control, the company was able to recover from a loss and triple sales, boosting shareholder value, said Weber. The company was able to do this without laying off employees.

Comment:

Blue Bell, PA-based C&D Technologies Inc. (formerly Charter Power Systems Inc.) posted $300 million in sales in fiscal 1998, and now has a gross margin of roughly 27%, but the company's CEO will not be around to see if the firm makes its goal of 30%.

Storage Battery Manufacturing, Primary Battery Manufacturing, Primary Batteries, Storage Batteries, C and D Technologies Inc., Charter Power Systems Inc.

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A hearing aid that 'listens'

Article Abstract:

Oticon, part of blue-chip Danish Company officially launched Synchro hearing aid in about 30 countries in August 2004. Synchro's two tiny microphones automatically and continuously pick up nearby sounds, evaluate them, and apply settings to boost the volume of speech and reduce background noise.

Product introduction, New Products/Services, Hearing aids, Medical equipment and supplies industry, Medical test kit industry, Oticon A/S, Synchro (Hearing aid)

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CEO out as Mediq misses a payment

Article Abstract:

Article discussing Mediq/PRN Life Services Inc.'s actions of firing its CEO and missing a $10.5 million interest payment on $190 million in corporate bonds.

Liabilities NEC, Brief Article, MEDIQ/PRN Life Support Services Inc.

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