DETROIT ? The good news is Compuware Corp. met Wall Street expectations of posting 11 cents a share for the third fiscal quarter ended Dec. 31. The bad news is both revenue and profits fell for the state?s largest tech company. Here?s the fine print: Net income in the third fiscal quarter ended Dec. 31
PLEASANT RIDGE ? The rising popularity of smartphones made ePrize, the global promotions company based in suburban Detroit, to change its name last week to HelloWorld to reflect the new ways people engage digitally. ePrize decided to leave 15 years of brand equity on the table for a name that better reflects the company?s recent
LANSING - One day after Governor Rick Snyder unveiled his proposal for the state to commit $350 million over the next 20 years toward the pensions of retired Detroit city government employees to mitigate reductions to those pensions due to the city's bankruptcy, several suburban Detroit legislators are asking for more specifics before committing to
GRAND RAPIDS - Student and faculty volunteers from Davenport University are trained and ready to kick off free income tax preparation sessions, available to low- and middle- income tax-filers (less than $55,000 in total family income) at locations across West Michigan. Every year, millions of dollars in tax refunds and credits go unclaimed by those
STAMFORD - By 2017, mobile apps will be downloaded more than 268 billion times, generating revenue of more than $77 billion and making apps one of the most popular computing tools for users across the globe, according to Gartner. As a result, Gartner predicts that mobile users will provide personalized data streams to more than
LIVONIA ? Six finalists have been selected for the ACE Elevator Pitch Competition, which will be held Jan. 30 at Burton Manor. Finalists come from Ann Arbor, Detroit, Grand Rapids, Kalamazoo, East Lansing and Farmington Hills. ACE ?14 anticipates attendance of over 1000 that are a virtual Who's Who of the Michigan Entrepreneurial scene including
AUBURN HILLS - Fiat and Chrysler paid $4.35 billion to buy 41.5 percent of Chrysler?s shares that had been owned by the UAW Retiree Benefits Trust, shoring up the trust, which provides medical benefits to 117,000 UAW-represented Chrysler retirees and their dependents. The combined companies comprise the seventh largest global automaker in the world. But
DETROIT - Comerica Bank's Michigan Economic Activity Index decreased slightly in November, down 0.2 percentage point to a level of 131.4. November's reading is 59 points, or 82 percent, above the index cyclical low of 72.1. The index averaged 114 for all of 2012, 11 points above the index average for 2011. October?s index reading
WASHINGTON DC ? The HealthCare.Gov web site may face further problems from hackers taking advantage of its many security holes. At least that's the consensus of a group of security professionals who have analyzed the site, CNET News.Com reported. David Kennedy, who is CEO of computer security consulting firm TrustedSec and who is testifying before
GRAND RAPIDS - The boards of Michigan's two largest health information exchanges approved a letter of intent to merge operations, which will help a majority of Michigan hospitals and health care providers exchange patient records. The due diligence process is expected to be completed by March 31. The merger of East Lansing-based Great Lakes Health