| Aftermarket Movers: Cutera Climbs
NEW YORK (AP) - Shares of Cutera Inc. climbed in after-hours trading Monday, as earnings results pushed and pulled shares on an otherwise quiet session. The company, which makes laser products for dermatologists and plastic surgeons for skin and wrinkle treatments, hair removal and other uses, said its second-quarter revenue exceeded its expectations and "outpaced the overall strong growth in our industry." .
Tamara N. Shope: Albuquerque dishes up sizzling news
I anticipate the sound of a collective tummy rumble this week, because much of the news I have to share has to do with the restaurant scene. And, boy, is it juicy. Up first, there's something many of us have been waiting more than a year and a half to hear: Central Avenue has an O'Niell's Pub again. After some lease issues in December 2004, owner Rob O'Niell closed his pub at 3211 Central Ave. S.E. But on Friday, he unlocked the doors for a "soft opening" at the new spot, 4310 Central Ave. S.E. That means a big, grand opening celebration is in the works. That one is planned for sometime later this month. If you're interested in popping in for those festivities, keep an eye on the pub's Web site: www.oniells.com. Also on the site is information about how to apply for a job, pub hours and more (a menu is coming soon).
Palomar, Candela in patent face-off
Wayland, Mass.-based Candela, which makes medical lasers, has since filed a counter complaint against the company. In Palomar\'s lawsuit, filed in the U.S. District Court in Massachusetts, the company said Candela\'s light-based hair removal systems, including GentleLas and GentleYag, infringe on patents it exclusively licensed from General Hospital Corp. Palomar is seeking monetary damages and an injunction against further infringement. \"For over seven years, Palomar has sent Candela letters notifying Candela that its products need a license to the \'844 Patent and offering to grant Candela such a license,\" said Patricia Davis, the company\'s general counsel. Following Palomar\'s announcement, Candela filed a complaint against Palomar in the same court Thursday, asserting that Palomar\'s StarLux laser system and other products infringe on its patents.
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