Helix BioMedix Inc. of Bothell said Monday that it has raised $1.1 million from a private sale of stock. David Kirske, a vice president, said the money will pay for general operating expenses. As a result of the stock placement, Helix will issue 550,000 additional shares and also warrants allowing the future purchase of another 192,500 shares. Kirske added that the company could sell more stock soon. Helix, which specializes in using small proteins called peptides, also announced promising results from tests of an anti-wrinkle peptide.
Everett-based Intermec Technologies Corp. has introduced a new data collection system aimed at small- to mid-sized companies. Intermec, a division of Unova Inc., said the system consists of two handheld computers, wireless access equipment and bar-coding devices. The company also provides installation and consulting services as part of the package. The system, which supports Microsoft Business Solutions software, is the first in a new series of automated data collection systems, according to Intermec.
The Treasury Department sold three-month bills at a discount rate of 0.93 percent, down from 0.945 percent last week. Six-month bills sold at a rate of 0.99 percent, unchanged from the previous week. The rates understate the actual return to investors – 0.945 percent for three-month bills with a $10,000 bill selling for $9,976.50 and 1.008 percent for a six-month bill selling for $9,950. The Federal Reserve said the average yield for one-year constant maturity Treasury bills, a popular index for changing adjustable rate mortgages, rose to 1.18 percent last week from 1.16 percent the previous week.
Home Depot is going the way of retailers such as Crate &Barrel and Macy’s by offering an online gift registry. Industry observers see it as a way for the company, whose site is located at www.homedepot.com, to improve its relationship with customers, even if it isn’t a boon for the bottom line. The initiative, to be launched today, is a first for a home-improvement chain.
Carnival Corp. &PLC, the world’s largest cruise company, reported a 60 percent rise in first-quarter earnings Monday because of its merger last year, the addition of several new ships and a strong recovery from the slowdown caused by terrorism. The company reported net income of $203 million, or 25 cents a share, in the three months ended Feb. 29, compared to 22 cents a share a year earlier.
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