Category: Business News

Heartland Payment Systems – HPY – Acquires ECSI

NYSE: HPY), one of the nation’s largest payments processors, has expanded its Campus Solutions division by acquiring ECSI, a leading provider of cost-effective, customized payments processing solutions for the higher education industry. Founded in...

Avnet – AVT – To Acquire Assets of USI Electronics

NYSE:AVT) announced that it has agreed to acquire substantially all of the operating assets of Universal Semiconductor, Inc., “USI Electronics,” a distributor of discrete semiconductor, passive and electromechanical components to the military and aerospace...

Praxair – PX – Acquires PortaGas

NYSE: PX), has acquired PortaGas, Inc., a leading producer of portable cylinder gases for the specialty gases market. PortaGas has 40 employees at its new and fully-automated specialty gases facility located in the greater...

Policy Logjam Hurting U.S. Economy: Bernanke

While continued policy logjam in Washington with regard to deficit reduction issue was hurting the U.S. economy, according to the Federal Reserve’s Chairman, Ben Bernanke, he is confident that lawmakers will succeed in finding...