Cisco said that they will pay US$2.7 billion to buy back Sourcefire. Cisco Systems Inc. announced that they have agreed to buy back the cyber security firm Sourcefire for US$2.
Investors
‘Tiger cub’ Laffont bullish on content, Apple no
‘Tiger cub’ Laffont was bullish on content but not Apple. Philippe Laffont, a hedge fund manager at Coatue Management, did not seem too optimistic when asked about his opinion of Apple.
Sonic's Q2 profits drop due to debt retirement; sales increase
Sonic Automotive's Q2 profits dropped because of debt retirement charges, while its sales increased.
Apple ditches AU Optronics, crawls back to Samsung for iPad mini2 components
Apple dumped AU Optronics after its failure to meet the standards of the technology giant which further resulted to Apple's negotiations with Samsung about iPad mini 2's components.
European stocks on the rebound
European stocks rebounded with Volvo and EasyJet as top gainers. European stocks have rebounded, with Volvo and EasyJet leading the top gainers. The world's largest truckmaker, Volvo, posted a gain of 3.
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Adobe Systems Incorporated has acquired Neolane for $600 million. Adobe Systems Incorporated has completely acquired Paris-based Neolane for $600 million.
Most Sonic stores faced problems with the recently rolled out "True Price" program. For the past quarter, Sonic focused on moving its dealerships to its "True Price" structure.
“We are moving forward,” said Huma Abedin, who seemed to have forgiven her husband. Huma Abedin may not have wanted to be in the spotlight. However, thanks to a sexting controversy, now, she was facing reporters along with her husband.
Carlos Danger held a press conference to apologize for leaked pictures. Anthony Weiner held a press conference recently. He admitted leaking "sexually explicit" pictures over the internet.
Soluble Systems revealed that it had gathered US$3.5 million from 57 different investors. No less than 57 different private investors opened out their bank accounts to invest into Soluble Systems' recent US$3.
Sources have revealed that Aramark Corp is one step closer to an IPO with the company selecting banks to help it with the offer.
Mediterranean Investments Holding Plc announced that it is considering a London IPO to raise EUR100 million.
A recent survey revealed that Infobionics had raised around US$2.5 million in capital from investors that included Tech Coast Angels.
KW International announced that it has opened a new 140,000 sq ft production facility in Columbus, Texas improving its manufacturing capabilities.
