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Xechem Gets Balance of 7 Million Debt Package
The New Brunswick-based biopharmaceutical company closed on the first $4.9 million of the package on April 4.
VioQuest Selling Chiral Quest to Management Group for 3M
The sale of Chiral Quest is valued at up to $3 million; $1.7 million in cash is expected to be paid to VioQuest Pharmaceuticals upon closing.
Thomas Pharmaceuticals Registers for Spinoff to Shareholders
If the SEC approves, iVoice common stock holders will receive shares of Thomas common stock.
Scrutinizing the Troubled Pension Plan
Policies behind a huge shortfall come under fire.
Payroll Outsourcing Gone Wrong
The Business Office leaves clients in hot water with IRS.
Preparing an IPO
Comverge Inc. says it plans to sell about 4.7 million shares of common stock for $15 to $17 per share.
SBA Guarantees More Loans, But For Less Money
The agency approved more loans than in the first six months of the previous year when it approved 1,683, but they totaled fewer dollars than last yearÂs $294 million.
Vonage Chief Executive Officer Resigns
Vonage CEO Michael Snyder stepped down as of yesterday, to be replaced by founder Jeffrey Citron.
Glowpoint Awarded Patent for Video Operator Services
The patent relates to its Systems and Methods for Live Video Operator Services that enables a user to reach a live video operator and receive face-to-face assistance solely by dialing 000.
N.J. Pension Head Says Fund is Not Violating IRS Rules
New Jersey State Treasurer Bradley Abelow appeared in front of the Senate Budget and Appropriations Committee this morning to address concerns about how the state has funded its retirement plans.
Citigroup to Cut 17,000 Jobs
The New York City-based financial services giant Citi estimates that it will eliminate about two percent of its New Jersey jobs.
Survey Reveals Concerns of Mid-size Companies
The DAK Group survey showed that 83 percent of respondents expect revenue to increase, down from 89 percent in 2006.
