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Byline: - Staff and Wire Services

On the grocery list: TV watching

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 - As TV viewing habits evolve, networks are constantly trying new ways to reach viewers, through the Internet, video iPods and on-demand services. Next up: the produce aisle.

In what appears to be a first, CBS (Cell Broadcast Service) See cell broadcast.  has signed up to become a programming partner with SignStorey Inc., a Fairfield, Conn.-based company that has video screens installed in 1,300 supermarkets nationwide.

George Schweitzer, the head of CBS's marketing group, said the screens would provide short-form programming designed specifically for shoppers on topics such as health and nutrition, as well as short news and sports items and an entertainment channel.

Virginia Cargill, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of SignStorey, said CBS will provide 1-2 minutes of programming for each video loop that appears on the monitors.

Dell to purchase Alienware Corp.

ANAHEIM - Dell Inc., the world's largest computer maker, said Wednesday it would buy Alienware Corp., whose high-ends PCs are widely acclaimed by video gamers for their fast performance and sleek, UFO-themed looks.

Dell, based in Round Rock, Texas, didn't announce terms of the deal, which will help expand its offerings for the lucrative gaming and multimedia market. Dell said Alienware would operate as a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 and will keep its brand name and its own product development, marketing, sales, technical support and other operations.

Merck denies it concealed data

ATLANTIC CITY Atlantic City, city (1990 pop. 37,986), Atlantic co., SE N.J., an Atlantic resort and convention center; settled c.1790, inc. 1854. Situated on Absecon Island, a barrier island 10 mi (16. , N.J. - A scientist who helped develop the painkiller Vioxx rejected assertions by a plaintiff's lawyer Wednesday that Merck & Co. tried to conceal from regulators unfavorable data about the popular arthritis drug's potential heart safety problems.

In a court session, Dr. Briggs Morrison defended the company's handling of a 1995 clinical study of the effect of so-called Cox-2 inhibitors Cox-2 Inhibitors Definition

Cox-2 inhibitors are non-steroidal anti-inflammatory drugs (NSAIDs) which selectively inhibit cyclooxygenase-2. The cyclooxygenases are required for the creation of prostaglandins.
 such as Vioxx on the body, saying the data was included in Merck's 1998 application to the U.S. Food and Drug Administration to sell Vioxx. Cox-2 inhibitors were touted for causing less stomach upset than older painkillers.

New sentencing set for financier

NEW HAVEN New Haven, city (1990 pop. 130,474), New Haven co., S Conn., a port of entry where the Quinnipiac and other small rivers enter Long Island Sound; inc. 1784. Firearms and ammunition, clocks and watches, tools, rubber and paper products, and textiles are among the many , Conn. - Financier Martin Frankel Martin Frankel (born November 21 1954) is a former U.S. financier, convicted in 2002 of insurance fraud, racketeering and money laundering.

Frankel was born in Toledo, Ohio into a family of Jewish heritage. He is the second child of county judge Leon Frankel.
, sentenced to 16 years in federal prison for masterminding a scheme to loot insurance companies of more than $200 million, is scheduled to be resentenced today to comply with a U.S. Supreme Court ruling on sentencing guidelines.

Using those guidelines, U.S. District Court Judge Ellen B. Burns sentenced Frankel in December 2004 to 16 years and eight months in prison. But a Supreme Court ruling last January made the guidelines advisory rather than mandatory, compelling the resentencing.

FedEx sees profit soar 35 percent

MEMPHIS Memphis, city, ancient Egypt
Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo.
, Tenn. - Shipping company FedEx Corp. on Wednesday said its profit rose 35 percent in the third quarter, lifted by continued growth of business abroad and holding down costs.

For the quarter ended Feb. 28, FedEx earned $428 million, or $1.38 per share, up from $317 million, or $1.03 per share, a year earlier. Overall revenue for the quarter totaled $8 billion, a 9 percent growth from $7.34 billion a year earlier.
COPYRIGHT 2006 Daily News
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Mar 23, 2006
Words:499
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