RBC Capital's analysts raised their price target on Apple Inc from USD475 to USD525 due to buyback chatter and the release of new Apple products.

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."

Sources said Nimble Storage would go public later this year and chose Goldman Sachs Group Inc to lead the company's IPO.

Lenovo Group said the corporation is currently evolving as a wireless computing supplier due to the booming sales of smartphones and tablets.

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.

Fulcrum Equity Partners lead growth capital investments for outcome-based preventive health company, RivalHealth.

The cargo plane of UPS crashed into a field close to Birmingham airport, killing two pilot and scattered debris over a rural area.

Gartner said during the second quarter, smartphones outsold feature phones for the first time. According to research firm Gartner, smartphones outsold feature phones during the second quarter for the first time.

Apple's stock rose after Carl Icahn expressed his interest in the company amid the release of Apple's new products.

'Die Hard' star Bruce Willis' television commercial was banned from Britain's airwaves for being misleading.

Nintendo Co. won a 50% cutback of the USD30.2 million in damages awarded to Sony Corp's former worker Seijiro Tomita.

Analysts said Blackberry would be broken up into pieces if a private equity firm would purchase the smartphone maker.

US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages. On Wednesday, a court order said US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages.

Analysts said the release of new iPhone and the 4G license grant for China Mobile might mean Apple and China Mobile's deal is looming.

Gartner said this year, the public cloud services market would grow by 18.5% to USD131 billion worldwide.

Gartner confirmed the latest report from the International Data Corporation and said Android-based devices made up 79% of all the smartphones sold during 2013's second quarter.

Analysts said supporting an expanded buyback program proposed by Carl Icahn would be short sighted. Billionaire investor Carl Icahn said he thinks Apple shares were "extremely undervalued.

Oi SA plunged following its announcement about an unexpected loss and reduction of its dividend payment.

Supremex announced the termination of its talks with Clarke Inc about a possible deal to go private.

Venture capital tycoon Prem Watsa quit from BlackBerry board and was expected to outline BlackBerry's stock market exit.

AOL CEO Tim Armstrong apologized through a memo sent to the company's personnel. Tim Armstrong, Chief Executive Officer of multinational mass media company AOL Inc.

Goode Partners' backed restaurant group Rosa Mexicano appointed Tom Dillon as its new President and CEO.

Worldwide Marketing Services firm Publicis Groupe acquired Enguage Marketing from Halyard Capital. Halyard Capital sold its portfolio company Engauge Marketing to Publicis Groupe.