Thursday, August 5, 2004

Tristate business summary

Sheakley UniComp buys Protegrity

Sheakley UniComp Inc. has purchased Protegrity Services Inc. Protegrity is an Ohio Managed Care Organization for workers' compensation, and the deal is the fourth MCO purchase for Sheakley since 1998. It will add nearly 9,000 clients to Sheakley UniComp's client base. Sheakley is an affiliate of the Sheakley Group of Companies in Springdale.

Convergys signs deal in Colombia

Cincinnati's Convergys Corp. has landed its first software contract in Colombia, a five-year agreement licensing its Infinys billing and rating software to Orbitel SA ESP. Financial terms weren't disclosed. Orbitel leads the country's outbound long-distance market.

CORRECTION: 2005 figures given

A news brief in Wednesday's Business section about Newtown-based medical testing firm Meridian Bioscience Inc. should have said that it had released guidance on its earnings for fiscal year 2005. Those figures are an estimated net profit of between $9.7 million and $9.9 million, or between 62 cents and 65 cents per diluted share.

Air Tite founder finds new challenge in boxes
SEC complaint costs Bristol-Myers $150M
Union: Delta offer a 'gouge'
Chemed doubles quarterly earnings
Even higher oil prices predicted
Traders ride roller-coaster
Campbell's Soup reconstitutes itself
Toyota plans to boost production of hybrid cars
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