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Icahn reiterates commitment for Dell buy

NEW YORK - Carl Icahn reiterated his interest in owning Dell Inc and said the $5.2 billion in financing he's putting together to back his bid for the company continues to move forward as planned. The comments came in a telephone interview Tuesday, echoing statements he made earlier in the day in an open letter to Dell shareholders.

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BlackBerry shares fall as analyst downgrades stock ahead of earnings

TORONTO - BlackBerry shares fell nearly 4 percent on Tuesday after a Bernstein Research analyst cut his rating on the stock to "underperform" ahead of the company's quarterly earnings release next week.

Softbank closer to acquiring Sprint after Dish abandons bid for now

TOKYO/NEW YORK - Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week. | Video

Cisco to invest in Israeli venture capital funds

JERUSALEM - Cisco Systems will invest $15 million in Israeli venture capital funds as part of a broader plan to expand its operations in Israel and outside the United States, the company said on Wednesday.

Sony spin-off plan off the agenda but on the radar at shareholder meeting

TOKYO - Sony Corp's top investor Daniel Loeb will miss its shareholder meeting on Thursday and those attending will not be considering his proposal to partially spin off the lucrative entertainment business, sources familiar with the matter said.

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Acer sees tablet, notebook PC shipments to be flat in second quarter

TAIPEI - Acer Inc, the world's No.4 PC vendor, said on Wednesday that it expects notebook and tablet PC shipment to be flat in the second quarter from the first quarter, versus an prediction of 0-5 percent growth made in April.

18 Jun 2013

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