Alert men foil robbery bid

A five-member gang tried to loot a foreign exchange company here, but alert persons foiled them and even managed to nab Vinod Balikarna Pal, 25, of Maharashtra.

Dorchak, 55, served asChairman and Chief Executive Officer of Intrinsyc Software International, Inc.from August, 2006 to November, 2008 Prior to Intrinsyc, Ms. Dorchak was anexecutive with Intel Corporation from 2001 to 2006, including serving as VicePresident and COO of Intel`s Communications Group; Vice President & GeneralManager of Intel`s Consumer Electronics Group and Vice President and GeneralManager of Intel`s Broadband Products Group. Dorchak, a thirty year technology industry veteran,is currently Chief Executive Officer and Vice Chairman of VirtualLogix, Inc., aSunnyvale, CA based provider of virtualization software for wireless andembedded devices With the addition of Ms Dorchak, the Company`s Boardincreases to 6 members Prior to January, 2009 when she joined VirtualLogix, Ms. (NASDAQ: MLNX)(TASE: MLNX), a leading supplier ofend-to-end connectivity solutions for data center servers and storage, todayannounced Glenda Dorchak has been appointed to the Company`s Board of Directors,effective July 20, 2009 Ms.

SUNNYVALE, Calif. & YOKNEAM, Israel--(Business Wire)--Mellanox Technologies, Ltd. Asian Markets  |  FranceThe company said second quarter gross margins -- which it called "disappointing" -- slid to 37 percent from 43 percent in the previous quarter. (Reporting by Supantha Mukherjee and Archana Shankar inBangalore; Editing by Vinu Pilakkott) Stocks. SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc (AMD.N) posted a wider than expected loss and disappointing margins on Tuesday, sending its shares spiraling more than 12 percent lower.

This company in particular looks cheap, but operationallywe don't think they are able to access the best part of themarkets," Shanker said. "We think that reinsurers in general are worth owning rightnow. Shares of Platinum Underwriters, whose rivals includeEndurance Specialty Holdings Ltd (ENH.N), Everest Re (RE.N),Axis Capital Holdings Ltd (AXS.N) and Allied World AssuranceHoldings Ltd (AWH.N), closed at $31.90 Tuesday on the New YorkStock Exchange. The company's net realized gains on investments stood at$10.8 million, compared with a loss of $6.2 million last year. Combined ratio, the percentage of premiums an insurer hasto pay out in claims and expenses, was 76.9 percent.

"Potential hardening in the reinsurance market in 2009renewals may serve as a catalyst for the stock, though webelieve that the company's benefits from this may be tempered,"Shanker said. Citigroup analyst Joshua Shanker said the company mayexperience more pressures as the pricing cycle continues todecline. Net premiums earned fell 10 percent to $232.5 million,while net investment income fell about 6 percent to $44.1million. "So far this year, we have found more attractiveunderwriting conditions for property and marine than forcasualty. However, we may be approaching the bottom of thecasualty reinsurance market," Chief Executive Michael Pricesaid in a statement.