Archive for November 14th, 2012

Bank of England

Subdued recovery predicted for UK as inflation remains above target

The UK will continue on a long, slow road to recovery, the Bank of England said today. Cutting its growth forecast for 2013 to 1%, the central bank predicted that the recovery from the financial crisis and double-dip recession will […]

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The Phone House, Paris

Carphone Warehouse might buy Best Buy’s stake in European JV

UK mobile phones retailer Carphone Warehouse Group Plc (LON:CPW) will mull over the possibility of buying the 50% stake of US consumer electronics retailer Best Buy Co Inc

Diamond

London-listed miner BHP sells diamond operation to Canada’s Harry Winston

Global miner BHP Billiton Plc (LON:BLT) said it had sealed a deal to shed its diamonds business to Canada-based Harry Winston Diamond Mines Ltd for about USD500m (EUR394.2m)

Wipro using Pitney Bowes pbSecure for tamper-proof documents

Pitney Bowes (Asia Pacific) said that their recently launched pbSecure evidencing platform will be used by the IT Business of Wipro Ltd. (NYSE: WIT) to create and authenticate

Tucows plans Dutch Auction tender offer

Tucows Inc. (AMEX: TCX) (TSX: TC) plans to launch a "modified Dutch auction" tender offer to repurchase up to 6,500,000 shares of its common stock, representing approximately 14.7%

Syntel enters outsourcing partnership with Micro Focus

Syntel, Inc. (NASDAQ: SYNT) said it has entered into a system integration partnership with Micro Focus, a provider of enterprise application modernization, testing and management solutions.

Syntel will implement

Synacor to offer additional TV Everywhere programming to BendBroadband subscribers

Synacor, Inc. (NASDAQ: SYNC) said it has an expanded agreement with BendBroadband, a regional technology leader in broadband video, data and communication services, to offer additional TV Everywhere

Study finds half of US consumers intend to purchase luxury products in next 6 months

Half of US consumers are likely to make a small luxury purchase in the next six months, including 53 percent who are likely to purchase specialty food or

RRsat buys #REF! sports & Media Solutions

RRsat Global Communications Network Ltd. (NASDAQ: RRST) said its US subsidiary, RRsat America Global Communications Network Inc. (RRsat America) has acquired the assets and operations of SM2 Sports

Report says most organizations experience 3 cyber attacks each year

In a new report titled "Cyber Security on the Offense: A Study of IT Security Experts," the Ponemon Institute and Radware (NASDAQ: RDWR) found that while 65 percent

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