Nuance Communications gains as Carl Icahn expands stake

Nuance Communications recorded its highest price since May after Carl Icahn reportedly increased his stake in the speech recognition software developer.


BlackBerry receives "authority to operate" award in US Defense Department networks

BlackBerry is the first mobile maker to secure the US Defense Department's device administration approval.

The Riverside Company sells Capol to Freudenberg Chemical Specialties

The Riverside Company sold Capol, one of their exceptional investments, to Freudenberg Chemical Specialties.

Japanese insurance company moves 30,000 PCs to Windows 8 tablets

Meiji Yasuda, Fujitsu and Microsoft Japan would all team up to upgrade 30,000 Windows XP computers to tablets running Windows 8 operating system.


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TreeHouse Foods said it has forged an agreement with TorQuest Partners to buy Associated Brands GP Corporation.
SetPoint Medical scored USD 27 million in funding from new and current investors to expand its neuromodulation and bioelectronic treatment modalities for inflammatory diseases.
ConocoPhillips said it will be selling its leasehold in the Clyden oil sands for USD 720 million to Imperial Oil Ltd and ExxonMobil Corp's Canadian unit.
The Center for Innovative Technology (CIT)announced its investment in WealthForge Holdings Inc made through its private equity arm, CIT GAP Funds.
Analyst Aaron Kessler said internet stocks' gains would continue because investors were more confident in new business models like mobile and community advertising.
Colorado-based FitBionic raised USD 2.2 million to support the global launch of its first product. Colorado-based FitBionic raised USD 2. 2 million in support of the global launch of its first product.
Investors examined Facebook's price to earnings ratio and found that US$38 each share was overvalued.
Honda Motor Co announced its plans to build a new car plant in Brazil. Honda Motor Co announced its plans to build a car plant in Brazil. The investment will cost the Japanese car manufacturer USD 440.
Groupon pinned its turnaround on billionaire venture capitalist Lefkofsky who was recently appointed as the chief executive officer.
The Smartphone-like network of switches would be offered by Huawei in October to boost its market share and challenge its rival, Cisco.