ServiceNow CEO says they don't have many rivals

ServiceNow's CEO said the company continued to grow because they don't have many rivals. ServiceNow continued to sparkle in Wall Street analysts' eyes following its success to maintain its status as a premier growth stock.


Cisco to purchase Sourcefire for US$2.7 billion

Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share. Cisco Systems recently announced its plan to purchase Sourcefire for US$2.

Compuware renews attempt to sell itself - sources

According to sources, Compuware revamped its efforts to sell itself by looking for new buyout firms.

Apple cuts budget for retail store supplies by 30%

Apple lessened its budget for retail store supplies like pens and papers by 30% and reduced costs for employee trainings.


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MidAmerican Energy Holdings Co is set to issue US$5.6 billion worth of securities to investors. MidAmerican Energy Holdings Co announced that they plan to issue an estimated US$5.
North Carolina based Telecommunications equipment maker, CommScope Holdings Co announced that they have filed the necessary documentations for an initial public offering.
Fire Eye Inc, the cyber security firm owned by former McAfee CEO Dave Dewalt, announce that they have filed documentation for an IPO to raise an estimated US$175 million.
Yahoo acquires Rockmelt Inc. for a deal valued at USD50 million according to sources familiar with the matter.
Leo Leiderman removed himself from the race for the new governor of the Bank of Israel. Leonardo Leiderman removed himself from the list of possible candidates to become the new head of Bank of Israel.
CareFusion and Smiths Group shares fell after talks for an acquisition deal for Smiths' medical equipment division collapsed.
Cox president and officials from Liberty Media have engaged in discussion for a possible merger with John Malone's Charter.
General Motors Co appointed Tim Lee as the new chairman of its Chinese unit as it gears up for expansion in its largest single market.
Illinois Tools Works Inc. looked into buying back USD6 billion shares after investor Ralph Whitworth placed the company under pressure to increase its profit.
Terra Firma Capital Partners agrees to sell its gas distribution company to Hasting Funds Management Ltd for a deal valued at GBP7 million.