International Business News - Cadence http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Electronic design software maker Cadence Design Systems Inc. said Wednesday it will eliminate 625 full-time jobs, or 12 percent of its work force, in an effort to save $150 million annually. http://www.ibtimes.com/articles/20081105/cadence-design-cuts-625-jobs.htm Wed, 05 Nov 2008 17:25:52 EST Shares of Cadence Design Systems Inc. tumbled on Thursday after the electronic design software maker delayed its third quarter earnings pending a review of its first quarter, which it said would likely lead to a restatement. http://www.ibtimes.com/articles/20081023/cadence-shares-tumbles-on-news-it-may-restate-1q.htm Thu, 23 Oct 2008 20:39:45 EDT Electronic design software maker Cadence Design Systems Inc. on Friday withdrew its offer to buy smaller rival Mentor Graphics Corp. Cadence, which is based in San Jose, Calif., in June offered to buy Mentor Graphics for $16 per share, or about $1.45 billion. http://www.ibtimes.com/articles/20080815/cadence-withdraws-proposal-to-buy-mentor-graphics.htm Fri, 15 Aug 2008 15:55:26 EDT Shares of Cadence Pharmaceuticals soared Thursday after drug developer said it has completed the major studies necessary to seek U.S. approval for its experimental pain and fever treatment. http://www.ibtimes.com/articles/20080731/cadence-pharma-surges-as-drug-wraps-main-studies.htm Thu, 31 Jul 2008 15:54:28 EDT Cadence Design Systems, Inc. reported late Wednesday that its net income plummeted in the second quarter and that it was lowering its earning expectations for the third quarter. http://www.ibtimes.com/articles/20080723/cadence-design-2q-profit-plummets-cuts-guidance.htm Wed, 23 Jul 2008 20:13:32 EDT Canadian miner Barrick Gold Corp. on Monday said oil and natural gas producer Cadence Energy Inc. has accepted its sweetened buyout offer. On Thursday, Toronto-based Barrick formalized its offer to buy Cadence for 410 million Canadian dollars ($407.8 million), or 6.75 Canadian dollars ($6.70) per share. http://www.ibtimes.com/articles/20080721/cadence-energy-accepts-barrick-golds-cash-offer.htm Mon, 21 Jul 2008 08:56:50 EDT Canadian miner Barrick Gold Corp. on Thursday sweetened and formalized its offer to acquire oil and natural gas producer Cadence Energy Inc., outbidding rival suitor Daylight Resources Trust. http://www.ibtimes.com/articles/20080717/barrick-gold-sweetens-offer-for-cadence-energy.htm Thu, 17 Jul 2008 12:04:05 EDT Barrick Gold Corp. said Monday it has offered 354 million Canadian dollars ($350.9 million) to acquire oil and natural gas producer Cadence Energy Inc. http://www.ibtimes.com/articles/20080714/barrick-gold-offers-351m-for-cadence-energy.htm Mon, 14 Jul 2008 09:45:26 EDT Power company Avista Corp. said its subsidiary Advantage IQ on Monday agreed to buy Cadence Network, a privately held company that offers expense management consulting services. http://www.ibtimes.com/articles/20080630/avista-subsidiary-buys-cadence-network.htm Mon, 30 Jun 2008 18:08:34 EDT Electronic design software maker Cadence Design Systems Inc. disclosed Tuesday it has offered $16 a share for smaller rival Mentor Graphics Corp., after failing to agree on deal privately for nearly two months. http://www.ibtimes.com/articles/20080617/cadence-offers-to-buy-mentor-for-1-45b.htm Tue, 17 Jun 2008 16:37:50 EDT