Stuart Jeffrey, Nomura Equity Research's analyst, said BlackBerry would be lucky to receive bids higher than USD12 to USD13, even from an "optimistic buyer."
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Applied Materials expects foundry clients hold back
Applied Materials, a chip gear manufacturer, stated it expects foundry clients limit their expenditures during the present quarter as company move to producing smaller chips.
DRB-HICOM puts up Uni Asia Life Assurance for sale
Malaysia conglomerate DRB-HICOM announced move to sell shares for Uni Asia Life Assurance company. DRB-HICOM is seeking approval from Malaysia's minister of finance for its proposal to sell its 51% shares of Uni Asia Life Assurance Bhd for $158.
Sony outsells Samsung in Japan
Sony's Xperia A outsold Samsung's Galaxy S4, which led to DoCoMo's decision to exclude Samsung in its promotional line-up for the forthcoming winter.
Fortescue Metals Group Ltd hopes to sell port and rail assets by September
Fortescue Metals Group announced its continued efforts to sell minority stake of their port and rail assets.
Latest News
Sources said Nimble Storage would go public later this year and chose Goldman Sachs Group Inc to lead the company's IPO.
Lenovo Group said the corporation is currently evolving as a wireless computing supplier due to the booming sales of smartphones and tablets.
Two former executives of Vitesse Semiconductor Corp pleaded guilty for inflating the earnings of the corporation and backdating stock options.
Google blocked videos from playing on the Windows Phone YouTube app made by Microsoft. The videos from the YouTube app installed in every Windows Phone were blocked by Google for infringing the terms of use.
Microsoft announced it would add new commercial distribution partners in 17 countries for the company's Surface tablets.
Silver Lake Sumeru announced it would acquire a majority stake in BlackLine Systems, an accounting software company.
Leonard Green is exploring sale of Brickman, which is valued at about USD1.5 billion. Los Angeles private equity company, Leonard Green & Partners LP had asked Barclays and Morgan Stanley to handle an auction for Brickman Group Holdings Inc.
David Blitzer and Joshua Harris just purchased the New Jersey Devils hockey team. David Blitzer, Senior Managing Director of Blackstone Group and Joshua Harris, co-Founder of Apollo Global Management just bought the New Jersey Devils hockey team from former Lehman Brothers executive, Jeffrey Vanderbeek's ownership controlled group.
Kelso in advance talks to sell Custom Building Products in what could be a multi-million dollar buyout.
