France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.
Sectors
CI Financial purchases 65% of Marret Asset
CI Financial acquired the majority stake in Marret Asset, with an option to purchase the remained after three years.
JP Morgan's buyback program may be stopped due to fines recalculations
Because of the increase in fines and penalties payable for the second half of 2013, JPMorgan Chase's share repurchase plan may be put on hold.
Fairfax CEO confident of success of bid for BlackBerry
Prem Watsa, the Canadian Warren Buffett, expressed confidence as to his consortium's bid for the floundering Canadian smartphone maker.
JC Penney set to raise new equity to shore up its finances
JC Penney is now deep in plans to increase its cash reserves and financial well-being through loans and other means.
Latest News
Urban Compass would provide locations of possible apartments for rent using online database. Ori Allon, who sold two internet start up companies to Google Inc and Twitter respectively, has laid out plans to announce a USD20 million funding round for a firm that sifts through complex databases, this time for New York city apartment rentals.
Health Management Association is reviewing the takeover bid offered by Community Health Systems. The new board of directors of Health Management Associates Inc had hired financial advisers to review the USD3.
The proceeds for the 3.3 million shares in Chatham Lodging Trust sale would be used for debt payment and general corporate purposes.
Google rolled out new updates on Chrome and Chrome apps today, simplifying certain features. Today, Google rolled out an update of its Chrome browser to simplify new tab interface.
Roku launched a revamp of its existing streaming media devices with some features of its current flagship model Roku 3 amidst rumors that Apple would be changing its TV streaming device soon.
Social feeds in the Middle East announced that Samsung's Galaxy S4 would also be available in gold finish.
Youtube and Google+ had teamed up to improve the system of moderating comments in Youtube, and recently did a soft launch with a limited number of Youtube users.
Sources told Reuters that Lockheed Martin Corp anticipated orders for its F-35 fighter jets in the next few months.
Financing for the Blackberry Ltd buyout by Fairfax Financial Holdings Ltd. would be largely dependent on the smartphone maker's debt-free assets, said financial analysts.
