Shareholder Marvin Pearlstein filed a lawsuit against Blackberry Ltd and its top executives for providing false information about the company's financial position and business growth of its newest smartphone line.
North America
TV ad compares Boehner to a baby throwing tantrums
Representative John Boehner was compared to a tantrum-throwing baby in a television commercial set to go live on Sunday night football.
Asian creditors least of America's worries- analysts
Asian creditors may be the least of the worries of the US government even if the US Congress would fail to raise its debt ceiling.
Potbelly trading surges more than double after IPO pricing increase
On Friday, the New York bourse saw an increase in trading of Potbelly Corp's shares after its public listing launch.
Avaya to explore sale to Oracle after elusive IPO
Avaya Inc had explored a sale earlier this year instead of taking the company private, said a Reuters report.
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Sources told Reuters that Silver Lake and TPG Capital LP, owners of hardware and software giant Avaya Inc, were contemplating on a sale of the company after plans for a public listing fizzled out.
Susan Bennett said she revealed her identity after the release of a Verge video showing people's interest in the voice behind Apple Inc's voice app Siri.
Google, SAP and Cisco had been in discussions to possible acquire struggling smartphone maker BlackBerry, said a Reuters report.
French clothing retailer Vivarte had been in discussions regarding a possible reset of its loan agreements to make its EUR2 billion debt easier to manage, said a Reuters report.
The withdrawal of Carl Icahn's threat to have a court declared valuation is a sign that the billionaire investor's short term goals.
Mortgage insurance firm Essent added Wells Fargo into its list of underwriters together with Bank of America, JPMorgan Chase and Barclays.
Cooper Tire & Rubber Co filed a complaint in the Delaware Chancery Court to compel Apollo Tyres in closing its acquisition transaction soon, said a Reuters report.
Sotheby's would adopt its shareholders right plan after Daniel Loeb's Third Point hedge fund planned to increase its stake in the company and pushed to shakeup the company's management team, said a Reuters report.
According to a report from Reuters, the memories of Facebook's IPO had cloud up Twitter's debut which had dampened enthusiasm for the shares of the social networking platform.
