Stuart Jeffrey, Nomura Equity Research's analyst, said BlackBerry would be lucky to receive bids higher than USD12 to USD13, even from an "optimistic buyer."
North America
One Apple stock is a better buy than a USD500 iPad - analysts
Analysts suggested a share in Apple worth nearly USD500 is a better buy than the company's USD500 iPad.
Dell's quarterly earnings slump amidst buyout brawl
Dell's net income plunged by 72% to USD204 million or 12 US cents per share as the sales of personal computer extended their downward coil.
NPD says US video game sales plummet by 19%
Researcher NPD Group said that the US retail sales of accessories, hardware and software of video games dived by 19% to USD443 million.
Applied Materials expects foundry clients hold back
Applied Materials, a chip gear manufacturer, stated it expects foundry clients limit their expenditures during the present quarter as company move to producing smaller chips.
Latest News
Sources said Nimble Storage would go public later this year and chose Goldman Sachs Group Inc to lead the company's IPO.
Two former executives of Vitesse Semiconductor Corp pleaded guilty for inflating the earnings of the corporation and backdating stock options.
Google blocked videos from playing on the Windows Phone YouTube app made by Microsoft. The videos from the YouTube app installed in every Windows Phone were blocked by Google for infringing the terms of use.
Microsoft announced it would add new commercial distribution partners in 17 countries for the company's Surface tablets.
Silver Lake Sumeru announced it would acquire a majority stake in BlackLine Systems, an accounting software company.
Leonard Green is exploring sale of Brickman, which is valued at about USD1.5 billion. Los Angeles private equity company, Leonard Green & Partners LP had asked Barclays and Morgan Stanley to handle an auction for Brickman Group Holdings Inc.
David Blitzer and Joshua Harris just purchased the New Jersey Devils hockey team. David Blitzer, Senior Managing Director of Blackstone Group and Joshua Harris, co-Founder of Apollo Global Management just bought the New Jersey Devils hockey team from former Lehman Brothers executive, Jeffrey Vanderbeek's ownership controlled group.
Kelso in advance talks to sell Custom Building Products in what could be a multi-million dollar buyout.
It was announced that Parthenon acquired Bracket from Express Scripts Holding Company. Bracket announced via Press Release that it is no longer under the wing of Express Scripts Holding Company.
