Active Network said that its board was considering proposals to invest or purchase in the company. Active Network's shares rose 25% during midday trading on Friday.

Goldman Sachs ex-trader Fabrice Tourre was found guilty by a Manhattan jury in his role in the subprime mortgage-back deal known as Abacus in 2007.

ValueClick's shares plunged by 17% after the corporation missed the expectations of Wall Street.

Today, Actuant Corporation announced signing a deal to acquire Viking SeaTech for USD90 million. Actuant Corporation was established in 1910 and operates as a diversified industrial company with businesses in more than thirty countries.

Google's Motorola Mobility launched the Moto X smartphone to revive the business. Today, the Motorola Mobility unit of Google Inc launched its flagship Moto X smartphone with customizable colors.

Crossroads C&I closed its buy of GlassCell Isofab, a Canadian thermal and acoustical insulation products distributor and fabricator.

The federal and state regulators proposed remedies for Apple Inc's e-book price-fixing. On Friday, the US Department of Justice and 33 US states said that Apple Inc deserved a five-year ban from participating in anti-competitive e-book distribution deals.

Kabe Exploration announced today that it will invest in its joint venture partner International Equity Partners Oil and Gas Inc.

Minority shareholders of Fisher Communications said that the USD 373 million offer by Sinclair Broadcast Group to buy their television group undervalued its worth.

Viacom doubled up its stock buyback program to US$20 billion which resulted in a surge in the company's shares.