Intermec and NASA team on part tracking
Published 9:00 pm Wednesday, January 31, 2007
Intermec Inc. of Everett will work with NASA’s George C. Marshall Space Flight Center on developing part-tracking technologies for use on the international space station and other spacecraft. Intermec is looking at part-tracking marks that have been exposed to low Earth orbit and is preparing newly marked samples and radio frequency identification tags to be included on a July mission to the space station. The markings and tags, designed to remain readable after exposure to the extreme ultraviolet radiation and contamination in orbit, will then be evaluated and certified for use on future space vehicles.
XM extends its pact with Toyota
XM Satellite Radio Holdings Inc. on Wednesday announced a seven-year extension to an agreement with Toyota Motor Sales U.S.A. Inc. for factory installation of XM satellite radios in Toyota and Lexus vehicles. The agreement extends an existing deal from 2010 to 2017, and follows a similar extension for XM with Honda Motor Co. announced a day earlier.
Ford predicts drop, says it’s on track
Ford Motor Co. said Wednesday that it expects to post a 20 percent drop in January U.S. auto sales compared with the same month a year ago, attributable largely to lower sales to rental-car companies. But the automaker said its turnaround plan is on track.
Eastman Kodak makes profit
After wading through a river of red ink for two years, Eastman Kodak Co. finally hauled in a modest profit in the fourth quarter. For the first time, it also generated more earnings from digital photography and commercial printing than from its storied film business. The world’s top maker of photographic film earned $16 million, or 6 cents a share, in the October- December period. That compared with a year-ago loss of $46 million, or 16 cents a share.
Google’s profit almost triples
Google Inc.’s fourth-quarter profit nearly tripled amid another burst of breathtaking growth that enabled the online search leader to sprint past analyst expectations – a habit that has helped propel its stock price above $500. The Mountain View, Calif.-based company said Wednesday that it earned $1.03 billion, or $3.29 per share, during the final three months of 2006. That compared with net income of $372.2 million, or $1.22 per share, at the same time in 2005.
U.S. Airways Group abandons Delta bid
US Airways Group Inc. dropped its $9.8 billion hostile bid for Delta Air Lines Inc. on Wednesday after a key group of the bankrupt carrier’s creditors said Delta would be better off emerging from Chapter 11 on its own. With the dual decisions, Atlanta-based Delta cleared a big hurdle in its effort to exit bankruptcy by the middle of this year as a stand-alone company.
From Herald staff and news services
