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Wristband maker Fitbit in talks with banks for IPO

Fitness tracking wristband maker Fitbit Inc is in talks with banks for its initial public offering in the United States, Bloomberg reported, citing people familiar with the matter.


Raytheon wins $2.4 billion contract for Qatar Patriot system

U.S. weapons maker Raytheon Co (RTN.N) has won a contract valued at $2.4 billion to supply 10 Patriot missile defense systems to Qatar, which is beefing up its defenses to counter a growing perceived threat from Iran.

Cirque du Soleil hires Goldman Sachs to look for partner

Canadian performance company Cirque du Soleil has hired investment bank Goldman Sachs Group Inc (GS.N) to help in its previously disclosed effort to find a strategic partner, a spokeswoman for the company said on Friday.

U.S. judge rejects HP settlement in Autonomy shareholder case

A federal judge on Friday rejected Hewlett-Packard Co's (HPQ.N) proposed settlement of shareholder litigation involving the information technology company's botched acquisition of Autonomy Plc.


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BlackBerry Ltd (BB.TO) is working with Boeing Co (BA.N) on Boeing's high-security Android-based smartphone, the Canadian mobile technology company's chief executive said on Friday.
The U.S. dollar hit its highest level against major currencies in over 8-1/2 years on Friday on diverging monetary policy between the Federal Reserve and other major central banks, and bullish dollar positions heading into the end of the year.
Investors have wrung their hands over the last several weeks over the effect of lower oil prices on the broader S&P 500, but the relationship between the two is actually starting to break down.
General Motors Co (GM.N) has developed contingency plans in case recalls of potentially lethal Takata-made air bag inflators widens, forcing the U.S. automaker to repair millions of vehicles, the company said on Friday.
World markets are ending their last full week of 2014 on a high, as Wall Street made its biggest two-day advance since late 2011 and European shares headed for their strongest week of the year.
Washington state Governor Jay Inslee on Thursday proposed a new tax on capital gains to try to close a projected budget shortfall of more than $2 billion, rolling back on a no-new-taxes campaign pledge.
A major capital markets creditor of bankrupt San Bernardino, California, will oppose any exit plan that is more favorable to Calpers, California's public pension fund, a source familiar with the creditor's strategy said on Thursday.
Oil major Shell (RDSa.L) said on Thursday it had sold parts of its Norwegian downstream business to Finnish fuel firm ST1 for an undisclosed sum, further divesting parts of its downstream activities.
Xerox Corp (XRX.N) said it agreed to sell its information technology outsourcing arm to French IT services firm Atos SE (ATOS.PA) for $1.05 billion, sending its shares up almost 4 percent in late trade on Thursday.
Two of Europe's top three remaining telecommunications equipment companies, Nokia Networks (NOK1V.HE) and Alcatel-Lucent (ALUA.PA), have revived talks on a possible merger, Germany's Manager Magazin reported on Thursday, citing company sources.