DETROIT - Compuware Wednesday announced its fourth quarter revenue increased by 50 percent on revenues that were essentially flat from the year before. By the numbers, for the fourth quarter ended March 31 net income reported was $33.9 million, compared to $21.4 million in the fourth quarter last year. Earnings per share (diluted computation) were
LANSING - Michigan's April income was up compared to the year before, and the month marked the third in a row that revenues from the state's major taxes had increased. While good news, one state official said Michigan must still cope with a $1 billion deficit for the next fiscal year starting Oct. 1. The
DETROIT Mainframe computer software developer Compuware Corp. Wednesday announced a new services partnership with German software giant SAP America, which, the company said in a press release, will let customers lower the cost of ownership for its products, mitigate risks and improve performance. Compuware go-to-market offerings include: Application Reliability - Compuware quality assurance offerings, including
SOUTHFIELD - Raymond & Prokop has hired Mark Malven to chair the companys 10-member Technology Industry Group. Malven replaces Michael Khoury who took a similar job with Jaffe, Raitt, Heuer & Weiss. Malven, formerly managing partner of Malven Law Group LLC in Chicago, comes to R&P with a diverse portfolio of technology-based clients, including Oracle,
ROCHESTER The Automation Alley Trading Company is hosting a half-day seminar at Oakland University to help Southeast Michigan companies learn how to develop business strategies to compete smarter with global players. World Trade Week 2004: Proven Strategies for Competing and Growing in the Global Economy also includes keynote speaker David Littmann, senior vice president and
TROY - Group-41 eBusiness Consultants has agreed to acquire long-time partner NETastic, a Sylvan Lake ISP, in part to keep current business customers from jumping ship and to mine for new ones. Group-41 took over 105 accounts most in Oakland County - for an undisclosed sum. Group-41 Vice President Phil Rosette said six of those
LANSING - In June, Michigan will be the first state to implement a completely Web-based permitting process expected to help process 220,000 permits per year. The web site is the first tangible benefit of a process to streamline the permitting process for businesses, which will begin with the 32 permits and licenses associated with a
LANSING - The conservative think tank Mackinac Center for Public Policy is again calling for cuts and redirection of state revenues to eliminate the $1.3 billion expected shortfall in general fund revenues for the 2004-05 budget. The group Tuesday re-released an analysis it did for the current budget year with some adjustments for the coming
ANN ARBOR Venture capital funding continues to rise in Michigan with the announcement that biotech startup Genetics Squared received a $1 million investment from CrystalPoint Partners in Ann Arbor and an undisclosed private investor. Genetics Squared uses computers and proprietary technology to advance clinical development of new therapies. "Genetics Squared has a great deal of
LANSING Like to learn more about online marketing? The U.S. Small Business Administration is hosting a free 60-minute webinar on May 12 to teach small businesses all the ins and outs of legally using emails to reach your target audience what we do at Mitechnews.Com. The webinar will feature: A checklist of best practices for