| Antigenics Reports Fourth Quarter and Year-End 2007 Financial Results
For the three months ended December 31, 2007, the company incurred a net loss attributable to common stockholders of $7.7 million, or $0.16 per share, basic and diluted, compared with a net loss attributable to common stockholders of $11.7 million, or $0.26 per share, basic and diluted, for the same period in 2006. For the year ended December 31, 2007, Antigenics incurred a net loss attributable to common stockholders of $37.6 million, or $0.81 per share, basic and diluted, compared with a net loss attributable to common stockholders of $52.7 million, or $1.15 per share, basic and diluted, for the same period in 2006. The company's net cash burn (cash used in operating activities plus capital expenditures, debt repayments and dividend payments) for the year ended December 31, 2007 was $27.5 million, which represented a reduction of approximately 45% from the net cash burn of $50.1 million for the year ended December 31, 2006.
High court ruling on 401(k) suits to be tested in Charleston
It is estimated that 50 million employees have $2.7 trillion invested in 401(k) plans. Two lower courts, including the U.S. District Court in Charleston, disallowed LaRue's complaint. The Supreme Court agreed to hear arguments last year. In their ruling the justices agreed that LaRue, who lives in Texas, could sue to recover not only his losses but any profits he would have earned from that money. "It's a very, very big ruling, and actually it's more than I could have personally hoped for," said Greenville attorney Robert Hoskins, who helped represent LaRue in the appeal. Hoskins said the original case will 'go back to square one,' to where it was filed. 'What will happen is we will end up back in Charleston,' he said. LaRue filed the case in 2004 in federal court in Charleston, where DeWolff Boberg was incorporated and once had an office.
Man gets 11 years in "stupid" loan scheme
Severson's attorney, Christopher Kelly, recommended his client receive five years in prison, less than the nine years Crabb imposed on Hardyman in July 2006. Kelly said Hardyman was more responsible for the bank's collapse. He loaned $13.4 million to three businessmen, including Severson, and encouraged Severson to run several businesses despite his lack of business training or even a high school diploma. "He's not Donald Trump who could bankrupt a casino chain and then start over and make millions (of dollars) more," Kelly said. Determining if Hardyman or Severson is more guilty is like asking, "Who's more culpable: the thief or the fence?" said Assistant U.S. Attorney Grant Johnson. Each needed the other to carry out the scheme, but the federal guidelines call for a higher sentence for Severson, who was on probation for a 2001 felony conviction while defrauding the Blanchardville bank, Johnson said.
Industrial-space vacancy rises Valley records 6.2 percent rate in ...
Johnstone Supply workers from left, Corrine Conti, Antonio Moore, Mel Hathaway and Susan Sanders fill an order Tuesday. Johnstone, a distributor of heating and cooling equipment, took 130,000 square feet of industrial space at Cheyenne Industrial Center in North Las Vegas.
Photo by Marlene Karas/Review Journal.
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PennFuture Calls on State Legislature to Pass Clean Energy Bills to ...
But unlike California, our existing laws have created a detour on that road. We can only get to those green jobs by getting our legislators to act to remove the roadblocks." Van Jones is an environmental leader and civil rights attorney whose presentation tonight is sponsored by the Urban Sustainability Forum. Jones is the founder and president of the Ella Baker Center for Human Rights in Oakland, CA, which promotes integrated solutions to urban America's toughest problems: social inequality and environmental destruction. Jones is promoting a national green-collar jobs initiative to create "green pathways out of poverty," while greatly expanding the coalition fighting global warming. PennFuture, which is about to mark the tenth anniversary of the organization's founding, is a statewide public interest membership organization that advances policies to protect and improve the state's environment and economy.
From Heavy Metal to the Hajj
It seems you have entered a particularly productive phase in your career.Paul DiAnno: I just had a month off and it was the first month off from work in four years. After the second week of it I wanted to kill everybody, so it was back to work for me! [laughs] We are going back to Russia at the end of the month and that is going to be pretty nuts. Since we last spoke there has been a biography out with your life storyNo, Im not quite dead yet! I have a few more bits to get on with yet, but I have changed my lifestyle so much now that it is nowhere near as bad as it was in the book. I only agreed to do [the book] because all of the proceeds go to a cancer charity that I sponsor. Have you lost someone to cancer?Yes, several actually. My Nana died of cancer, then my keyboard player in Battlezone, Attila, we lost him three years ago, and that is what made me decide to have a go at doing something about it.
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