Small software maker wins $24.8 million judgment vs. Lockheed
WASHINGTON (Reuters) – Command Technology Inc, a privately held firm that developed electronic maintenance manuals for Lockheed Martin Corp’s F-16 fighter jet, has won a $24.8 million judgment against the Pentagon’s biggest supplier for unfair competit…
ComScore expects U.S. e-commerce holiday sales to rise 16 percent
NEW YORK (Reuters) – ComScore Inc , an analytics firm whose data is closely watched by Wall Street, on Tuesday predicted U.S. e-commerce sales will grow 16 percent to $55.2 billion this holiday season.
Auto sector adds spark to Japan’s electronic components industry
TOKYO/OSAKA (Reuters) – Japanese electronic component makers are looking beyond a fickle smartphone market that once lured them with rocketing growth, tying their fortunes more closely to the most resilient of Japan’s big industries: automobiles.
Privately held Cox looking at bid for Time Warner Cable: WSJ
(Reuters) – Privately held Cox Communications is considering bidding for Time Warner Cable either on its own or as part of a joint bid, The Wall Street Journal reported on Tuesday, citing anonymous sources.
Buffett says right plan would restore market for Detroit debt
DETROIT (Reuters) – Investor Warren Buffett said Tuesday he expects the market for Detroit’s debt to pick up again and bond insurers to begin backing the debt once the city submits an appropriate recovery plan to bankruptcy court.
U.S. auto sales to end year strong, but fears about incentives mount
DETROIT (Reuters) – U.S. auto sales are expected to finish the year at a fast pace, with demand possibly at its highest in November, but Wall Street remains worried the industry could return to overly generous incentives that would eat into profits.
CME sells Nymex building for $200 million, to lease trading floor
(Reuters) – CME Group Inc said on Tuesday that it had sold the home of its New York Mercantile Exchange for $200 million and would lease back the trading floor and some office space for a term of 15 years.
Alitalia rebuffs Ryanair collaboration offer
MILAN (Reuters) – Cash-strapped Alitalia rebuffed on Tuesday an offer from low-cost airline Ryanair to feed passengers into its long-haul routes and help boost the Italian carrier’s profitability.
Toyo Tire fined $120 million for price-fixing: U.S. Justice Department
WASHINGTON (Reuters) – Japan’s Toyo Tire & Rubber Co Ltd has agreed to plead guilty to fixing some auto parts prices and pay a $120 million criminal fine, the U.S. Justice Department said on Tuesday.
Men’s Wearhouse turns tables with bid for Jos. A. Bank
(Reuters) – Men’s Wearhouse Inc struck back at Jos. A. Bank Clothiers Inc with a $1.5 billion bid to acquire the suit and tuxedo retailer, only weeks after rejecting a takeover offer from its smaller rival.
