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Cisco to Buy ScanSafe for $183 Million
Cisco Systems is buying privately held Web security company ScanSafe for about $183 million, a move that will intensify its battle with security giants Symantec Corp and McAfee.
International Herald Tribune

No 10 officials want to stop Rock sell-off
A tug of war has begun at the top of the government over the future of Northern Rock as senior figures argue that the Treasury's planned sell-off should be stopped so that the ailing bank can instead be turned into a building society owned by its customers.The move would mean forgoing a potential £11bn windfall for taxpayers but some cabinet ministers and No 10 officials believe this option is preferable to selling the bank to a rival or refloating on the stock market since it would leave the bank less prone to instability and financial risk.However, there are concerns within the Treasury, which needs to reduce public debt and claw back some of the £25bn of taxpayer money which was used to bail out the bank in 2008.The final decision will be taken by ministers but they want to win the support of UKFI, the company set up to run the nationalised banks after last year's crash. Senior government sources believe there is a convincing case that taxpayers would benefit in the long term if a r
Guardian

COPT acquires Canton Crossing; Hale out as developer
Corporate Office Properties Trust (NYSE: OFC) has acquired Baltimore banker Edwin F. Hale Sr.'s Canton Crossing development for an undisclosed sum, the company announced Tuesday. (OFC) (FMAR)
Biz Journal

FCC mulls auctioning TV spectrum to wireless providers
The FCC is considering auctioning certain parts of the TV-broadcasting spectrum and selling it to wireless companies for broadband, according to the Wall Street Journal. The shift is designed to help avoid a situation FCC chairman Julius Genachowski recently described as an impending 'spectrum crisis,' as data usage rates continue to grow faster than the wireless providers can expand available bandwidth....
macnn.com

No 10 officials want to stop Northern Rock sell-off
A tug of war has begun at the top of the government over the future of Northern Rock as senior figures argue that the Treasury's planned sell-off should be stopped so that the ailing bank can instead be turned into a building society owned by its customers.The move would mean forgoing a potential £11bn windfall for taxpayers but some cabinet ministers and No 10 officials believe this option is preferable to selling the bank to a rival or refloating on the stock market since it would leave the bank less prone to instability and financial risk.However, there are concerns within the Treasury, which needs to reduce public debt and claw back some of the £25bn of taxpayer money which was used to bail out the bank in 2008.The final decision will be taken by ministers but they want to win the support of UKFI, the company set up to run the nationalised banks after last year's crash. Senior government sources believe there is a convincing case that taxpayers would benefit in the long term if a r
Guardian

Harvard Business Review on Manufacturing Excellence at Toyota (Harvard Business Review Paperback Series) (Paperback) newly tagged ``industry``
Harvard Business Review on Manufacturing Excellence at Toyota (Harvard Business Review Paperback Series) (Paperback)By Hbsp Buy new: $17.1636 used and new from $13.62 Customer Rating: First tagged 'industry' by Dr. Nicholas P. G. Davies Customer tags: foreign, japan, operations research, management, industry, company profiles
Amazon

IBM allocates $5B to buy back stock
The IBM Board of Directors on Tuesday boosted the company's kitty for stock repurchases by $5 billion. (IBM)
Biz Journal

ProLogis selling $600M in senior notes
ProLogis is selling $600 million in senior notes, and plans to use the proceeds to repay debt and for general corporate use, the company said Tuesday. (PLD) (C) (GS)
Biz Journal

Ford Makes Strides in Reliability Ratings
Car Company Ranks among Top Foreign Brands in New Consumer Reports Rankings
CBS News

Banks look 'very ugly,' says Black-Scott
Interest rates will remain low, taxes will eventually increase, some large companies may spin-off and banks "look very ugly" in regards to their problem loans and write-downs, said a former Morgan Stanley & Co. managing director. (JPM)
Biz Journal

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