Catheter Connections
earns sixth patent
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Catheter Connections, a Utah company founded by nurses seeking to reduce hospital-acquired bloodstream infections, said it has been issued a patent that broadly covers its technology for disinfecting the connectors at the ends of IV tubing. It is the sixth patent for the company.
Headwaters sells
coal cleaning plants
Headwaters, a Utah building products company, has completed the sale of eight coal cleaning facilities to Bowie Refined Coal. Proceeds include $3.8 million in cash at closing with $10 million to be paid by the end of 2013. The plants address problems associated with more than 6,000 massive heaps of low-grade coal known as "gob piles" found in mining regions throughout the country.
Existing home sales
down in December
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Sales of previously occupied homes dipped in December from November, in part because of a limited supply of available homes. But for all of 2012, sales rose to their highest level in five years and were 9.2 percent higher than 2011. Sales finished about 1 million units below the roughly 5.5 million that are consistent with a healthy market. Still, most economists say home sales are improving steadily and that the gains should continue this year.
AT&T to purchase
Alltel for $780M
AT&T said it will buy the Alltel U.S. wireless operations for $780 million to boost its spectrum in rural areas. It is buying the licenses, retail stores and network assets, along with about 585,000 subscribers, from Atlantic Tele-Network. Alltel’s network covers 4.6 million people across six states — Georgia, Idaho, Illinois, North Carolina, Ohio and South Carolina.
Microsoft joins
Dell negotiations
Microsoft has joined the negotiations to buy struggling computer maker Dell, according to media reports. If Microsoft joins in a Dell buyout, CNBC and The Wall Street Journal say it would contribute $1 billion to $3 billion. That would make Microsoft Corp. a minority investor in a deal expected to cost $23 billion to $27 billion if completed.
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