SonoSite Inc. of Bothell said Friday that Siemens Medical Solutions will distribute its hand-carried ultrasound machines in Germany. Under terms of a new agreement, Siemens also will market and distribute SonoSite’s MicroMaxx and Titan systems to hospitals and medical imaging clinics in that country. While SonoSite makes small ultrasound devices, Siemens makes full-sized ultrasound products.
CombiMatrix spinoff ships first product
Mukilteo-based CombiMatrix Corp.’s new subsidiary, CombiMatrix Molecular Diagnostics, has shipped its first diagnostic product, a microarray used in medical and biotechnology labs. The product is designed to detect genetic diseases and syndromes, said chief scientific officer Mansoor Mohammed. CombiMatrix also sells diagnostic products and services.
Ford blames loss on restructuring
Ford Motor Co. posted a $1.2 billion loss in the first quarter as it began a costly restructuring effort amid weak U.S. vehicle sales, leaving Ford executives disappointed but determined to go ahead with their plan to cut 30,000 jobs and remake the No. 2 automaker. Ford’s stock fell 63 cents, or nearly 8 percent, to close at $7.32 on the New York Stock Exchange. The loss of 64 cents a share for the January-March period compares with a profit of $1.2 billion, or 60 cents a share, a year earlier.
Delta pilots ratify tentative pact
The leaders of the pilots union at Delta Air Lines Inc. have ratified the tentative agreement on concessions between the union and management and agreed to send it to members for a vote. The vote by the leadership meeting in New Orleans was 12-1 in favor of ratification, according to a memo sent late Friday to pilots, who will be asked to approve it.
Google gains on its biggest rivals
Google Inc.’s Internet-leading search engine has raced even further ahead of its rivals this year, pouring money into the Web’s most popular advertising vehicle. The Mountain View, Calif., company provided the latest sign of its progress late Thursday when it reported a 60 percent increase in its first-quarter profit, which soared past analysts’ estimates and boosted its shares by 8 percent in late trading on Friday. The results supported research indicating the company actually has been widening its search engine lead over Yahoo Inc. and Microsoft Corp.
From Herald staff and news services
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