Monthly Archives: August 2016

Salesforce third-quarter revenue forecast misses, shares fall

(Reuters) - Cloud software maker Salesforce.com Inc forecast third-quarter revenue below estimates as it saw some softness, primarily in the United States, sending the company's shares down by 7.7 percent in extended trading.

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SolarCity disappointed in exclusion from Nevada solar rate case

(Reuters) - SolarCity Corp said on Wednesday it was disappointed with a decision by Nevada regulators to exclude the company from a proceeding to decide how existing customers would be compensated for the excess energy their rooftop solar panels sent ...

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Alere lawsuit accuses Abbott of ‘buyer’s remorse’ in proposed merger

(Reuters) - Alere Inc alleges Abbott Laboratories is trying to stymie its planned $5.8 billion takeover of the diagnostics company by purposefully delaying key submissions to anti-trust regulators, according to a lawsuit made public on Tuesday.

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After Apple, EU may focus on companies closer to home

BRUSSELS (Reuters) - Multinational companies can expect the European Commission to press on with a crack down on sweetheart tax deals after handing Apple a breathtaking demand for 13 billion euros, officials and experts said on Wednesday.

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Is this the tablet of the future?

Lenovo has just released a new two-in-one tablet that offers a touch screen keyboard, plus the ability to write with an ink pen and transfer it digitally. CNBC's Phil Han reports.

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Japanese airline ANA to replace 100 Rolls engines on 787s

SEATTLE (Reuters) - ANA Holdings Inc , Japan's largest airline, said on Wednesday it will replace all 100 Rolls-Royce engines on its fleet of Boeing 787 Dreamliners following three engine failures this year caused by corrosion and cracking of turbine ...

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RBC to pay $2.5 million for proxy violations over Rural/Metro sale

(Reuters) - A Royal Bank of Canada unit has agreed to pay $2.5 million for causing false and misleading disclosures in a proxy statement for the sale of ambulance company Rural/Metro Corp, the U.S. Securities and Exchange Commission said on Wednesday....

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