Events/Announcements

Report: Michigan Catastrophic Auto Claims Overcharging By 27 Percent

LANSING - As the Coalition Protecting Auto No-Fault and the Brain Injury Association of Michigan filed an appeal with the Supreme Court on Wednesday asking that the Michigan Catastrophic Claims Association be found subject to the Freedom of Information Act, the groups also released a report, based on currently public information, showing the MCCA is

By |2014-09-03T00:00:00-04:00September 3rd, 2014|Archive, Events/Announcements|

Southeast Michigan Purchasing Managers Index Reports Continued Economic Expansion In August

DETROIT- The Southeast Michigan Purchasing Managers Index for August hovered just above the three-month average and well above the value that suggests economic growth. In a show of confidence, more than 93 percent of the respondents believe the Southeast Michigan economy will remain stable or become more stable over the next six months. The tale

By |2014-09-03T00:00:00-04:00September 3rd, 2014|Archive, Events/Announcements|

Compuware To Be Acquired By Investment Firm For $2.5 Billion

DETROIT - Compuware Corporation has agreed to be purchased by Thoma Bravo, a California-based private equity investment firm, for $2.5 billion. The joint press release did not say whether Compuware would remain in Detroit or what would become of its employees. But in an interview CEO Bob Paul said no layoffs were planned. ?Organizations are

By |2014-09-02T00:00:00-04:00September 2nd, 2014|Archive, Events/Announcements|

IDC Lowers Tablet Projections For 2014 As Demand In Mature Markets Levels Off

SAN MATEO, Calif. - Following a second consecutive quarter of softer than expected demand, International Data Corporation has lowered its worldwide tablet plus 2-in-1 forecast for 2014 to 233.1 million units. The new Worldwide Quarterly Tablet Tracker forecast represents a 6.5 percent year-over-year growth rate, which is well below the 12.1 percent growth rate previously

By |2014-09-01T00:00:00-04:00September 1st, 2014|Archive, Events/Announcements|

JPMorgan Chase Computer Attack Much Larger Than Reported

NEW YORK - The scope of last week?s computer attack against JPMorgan Chase and at least one other bank appears to be much larger than initially reported. In addition to possibly affecting seven financial organizations, instead of two as originally reported, some bank records at JPMorgan were altered and possibly deleted, reported CNN, citing unnamed

By |2014-09-01T00:00:00-04:00September 1st, 2014|Archive, Events/Announcements|

Lear To Acquire Eagle Ottawa Auto Leather Maker For $850 Million

SOUTHFIELD - Lear Corporation Wednesday announced that it has signed a definitive agreement to acquire Eagle Ottawa, the world's largest supplier of automotive leather for $850 million on a cash and debt free basis. Eagle Ottawa has an experienced management team, modern facilities, a low-cost footprint, diversified customers and a reputation for superior quality, product

By |2014-08-27T00:00:00-04:00August 27th, 2014|Archive, Events/Announcements|