July 25

NuVasive Reports Second Quarter 2008 Financial Results

NuVasive, Inc. (Nasdaq: NUVA), a medical device company focused on developing products for minimally disruptive surgical treatments for the spine, announced today financial results for the quarter ended June 30, 2008.

NuVasive reported second quarter revenues of $57.4 million, a 61.2% increase over the $35.6 million for the second quarter of 2007 and a 12.2% increase over the $51.2 million for the first quarter of 2008.

Gross profit for the second quarter of 2008 was $47.8 million and gross margin was 83.3%, compared to a gross profit of $28.9 million and a gross margin of 81.2% in the second quarter of 2007. For the first quarter of 2008, gross profit was $42.1 million and gross margin was 82.2%.
Read more: NuVasive Inc ( NUVA )
July 25

Thundermin and Cornerstone Intersect Massive Sulphide Mineralization Assaying 2.2% Cu Over 16.8 m, Including 3.9% Cu Over 5.9 m, on the Little Deer Property, Newfoundland

Thundermin Resources Inc. (\"Thundermin\") (TSX: THR) and 50% joint venture partner Cornerstone Resources Inc. (\"Cornerstone\") (TSX: CGP) announce that they have intersected intervals of predominantly massive to semi-massive sulphide mineralization on the Little Deer property that assays 2.2% Cu over a core length of 16.8 m, including 3.9% Cu over 5.9 m. This intersection, which was encountered by deepening previous hole LD-08-10, contains three separate intervals comprised of up to 80-90% pyrrhotite-chalcopyrite mineralization within moderately to intensely altered mafic volcanic rocks (Table 1, Figure 1).
Read more: Cornerstone Resources Inc ( CGP )
Finjan Discovers Large Amount of Compromised Governmental, Healthcare, and Top Business Websites Victimized by a New Round of Mass Web Attacks

In its latest research findings, Finjan unveils how its SecureBrowsing™ in-the-cloud system detected over 1,000 compromised unique website domains

Farnborough, United Kingdom, July 25th, 2008 – Finjan Inc., a leader in secure web gateway products, today announced in its latest blog that its SecureBrowsing™ in-the-cloud security tool detected over 1,000 unique website domains that were compromised by a new round of mass Web attacks that started during July 2008.
Read more: Top Business Websites Victimized by Mass Web Attacks
Enhanced Framework to Maximize IT-related Investments Now Available as Free Download

IT Governance Institute Releases Val IT 2.0 to Help Executives Increase Business Value and Enable Innovation

Rolling Meadows, IL, USA (25th July 2008)—The IT Governance Institute (ITGI) today announced a major update to the Val IT framework, a set of proven practices to help enterprises ensure that they realize value from their increasingly large-scale and complex investments in information technology (IT) and IT-enabled change. Enterprise Value: Governance of IT Investments, The Val IT Framework 2.0 broadens the scope of Val IT beyond new investments to encompass all IT expenditures including ongoing IT services, assets and other resources. It adds more depth to the framework by adding management guidelines that provide greater detail on the Val IT processes and key management practices, as well as maturity models for each Val IT domain.
Read more: Enhanced Framework to Maximize IT-related Investments
Tier-3 says structural e-banking security flaws confirm business case for behavioural analysis IT security technology

London, England, 25th July, 2008 Research by the University of Michigan - which discovered that 75 per cent of e-banking sites have at least one design flaw that leaves customers exposed to cybercrime - confirms the case for behavioural analysis as a part of business IT security software, says Geoff Sweeney, chief technology officer with Tier-3.

\"The research, which surveyed some 214 US e-banking sites, is notable as many of the site flaws cannot be fixed by a software patch, but are structural in nature. Short of many of the site operators designing their portals from the ground up, it\'s likely there is no short-term fix,\" he explained.
Read more: Security flaws in online banking sites is widespread