Yahoo acquires Rockmelt Inc. for a deal valued at USD50 million according to sources familiar with the matter.

Leo Leiderman removed himself from the race for the new governor of the Bank of Israel. Leonardo Leiderman removed himself from the list of possible candidates to become the new head of Bank of Israel.

CareFusion and Smiths Group shares fell after talks for an acquisition deal for Smiths' medical equipment division collapsed.

Cox president and officials from Liberty Media have engaged in discussion for a possible merger with John Malone's Charter.

General Motors Co appointed Tim Lee as the new chairman of its Chinese unit as it gears up for expansion in its largest single market.

Illinois Tools Works Inc. looked into buying back USD6 billion shares after investor Ralph Whitworth placed the company under pressure to increase its profit.

Terra Firma Capital Partners agrees to sell its gas distribution company to Hasting Funds Management Ltd for a deal valued at GBP7 million.

Barclays Plc's COO Jerry Donini will step down from office making him the last of former CEO Robert Diamond's management team to leave the investment lender.

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.