Apple Inc was not a stranger to claims by foreign governments who insisted that the Cupertino, California-based company had used specific accounting practices in order to avoid paying hefty taxes.
Sectors
What to watch in the day ahead
The world's largest retailer is likely to provide an update on its layaway program's results and on early indications of whether shoppers are taking to its first holiday specials. Wall Street is waiting to see whether Wal-Mart again cuts its fiscal year forecast.
Top deals of the day - Mergers & Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
Bedlam Asset Management winds down, divert business improvement plans after CEO exit
Bedlam Asset Management, a London-based fund manager founded by former Credit Lyonnais Securities Asia managing director Jonathan Compton, would be closing shop after chief executive officer Ian McCallum quit without notice last October.
Scoopshot closes Series A funding round led by Conor Venture Partners
A total of USD3.9 million was raised in a Series A funding round for Scoopshot by lead investors Conor Venture Partners and the Finnish Industry Investment and the startup's existing investors.
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Synaptics Inc reported in its Form 8-K that on November 7, 2013, Synaptics Incorporated, completed its acquisition of Validity Sensors, Inc., pursuant to the terms of an Agreement and Plan of Reorganization, dated as of October 9, 201
Ezoic's automated website layout and ad improvement software was central to the closure of USD5.6 million Series A funding round through the efforts of Balderton Capital and other investors.
Although it has plans to spin off its power plants, Canadian Solar Inc otherwise had a best-performing third quarter after incurring losses successively in its last eight quarters.
Co-founder and CEO Dan Robichaud of Password manager applicaton PasswordBox believed that Apple Inc's new TouchID system for its smartphones and iPads would be a great opportunity for the app maker to capitalize on.
The Additional Securities were acquired by ILJIN for investment purposes. Such investment will be reviewed by ILJIN on a continuing basis and such holdings may be increased or decreased in the future. ILJIN may acquire additional ordinary shares of Aurinia, privately or otherwise, as the circumstances or market conditions warrant.
As most business owners are aware, paying for a landline phone system is an expensive venture, but necessary for the continued health and public image of a company, no matter how big or small. Even in the age of facebook and twitter for communication, companies that can't be called for an immediate answer die a slow and agonizing death.
Clearleap would use the proceeds from its recent investment round to fund its expansion plans in Europe and Latin American, including the hiring of additional employees.
Moneytree obtained USD1.6 million in a seed investment round participated by private investors including high-level executives from companies that include PayPal, MasterCard and Morgan Stanley.
The proposed takeover by Community Health Systems Inc of Health Management Associates Inc will proceed as planned after the latter's board of directors had given its approval.
