"We are proud to be able to offer this health curriculum to schools in Minnesota to help educate children and families,” said Alan L. Goldbloom, M.D., president and CEO of Children’s of Minnesota. “If we can help teach kids about healthy lifestyles, the decisions they make can have a positive influence on not only their lives, but on their friends and family members as well.”
Net income rose to $3.25 billion, or $3.51 a share, from $1.83 billion, or $2.01, a year earlier, the Cupertino, California-based company said today in a statement. Analysts surveyed by Bloomberg were expecting, on average, per-share profit of $3.11. Sales in the three months ended June 26 gained 61 percent to $15.7 billion, topping analysts’ $14.7 billion average estimate. Apple gained in extended trading.During the quarter the company sold 9.41 million iPads, 8.4 million iPhones and 3.47 million Mac computers. Earlier this week a local man filed a class action lawsuit related to reception problems with the iPhone 4, presumably looking to snag a piece of those profits. Read that story at this link.
“The technology sector has been overlooked,” said Kevin Gardiner, who helps oversee $241 billion as head of global investment strategy at the wealth management division of Barclays Plc in London. “One of the sectors that we have been quite positive on globally has been technology, and we’ve been gritting our teeth and hanging onto that view.”
“We’re in the midst of a pretty strong earnings recovery,” said Chip Miller, a New York-based equity strategist for UBS. “Tech fundamentals thus far have remained strong. Given how cheap they are, if you take a little bit of a longer- term perspective, it’s probably a good buying opportunity.”
Brentwood-based onFocus Healthcare — which recently closed a $3 million funding round — today announced four new clients, a group that more than doubles the number of hospitals using the company's enterprise performance management software. On the list are locals Ardent Health Services and Vanderbilt Medical Group, as well as Fox Chase Cancer Centers in Philadelphia and "a major for-profit health system." The company's system, onFocus|epm, is a web-based tool that combines performance data from disconnected sources into one system that links objectives and targets with action plans, progress tracking and just-in-time communication.