Cisco to buy security software maker Sourcefire for $2.7 billion
(Reuters) – Cisco Systems Inc said it will buy software maker Sourcefire Inc for about $2.7 billion to increase its network security services.
Fiat-Chrysler group could be based in the Netherlands: CEO
AMSTERDAM (Reuters) – Carmaker Fiat-Chrysler could be registered in the Netherlands after a planned merger, the company’s chief executive Sergio Marchionne said on Tuesday.
Travelers to cut auto insurance rates to battle competition
(Reuters) – Travelers Cos Inc said it would cut jobs and reduce prices of auto insurance, steps investors took as an indication that rates had risen too far and competition was increasing.
Lawmaker seeks tough rules on Japan autos in trade pact talks
WASHINGTON (Reuters) – A senior lawmaker on Wednesday urged the Obama administration to push for tough trade rules on Japan autos in a proposed free-trade agreement in the Asia-Pacific region.
GSK says past R&D shortfalls in China now fixed
LONDON (Reuters) – GlaxoSmithKline said on Tuesday it had faced problems with drug research in China in the past but these shortcomings had now been fixed, following internal changes and the sacking of its China R&D head in June.
Ford to boost white-collar hiring this year to 3,000
DETROIT (Reuters) – Ford Motor Co will hire 3,000 salaried workers this year, mostly in Michigan, the company said Tuesday.
Dealer data from Caterpillar suggests second-quarter results may be weak
CHICAGO (Reuters) – Caterpillar Inc released unaudited dealer data on Tuesday showing a slowdown in sales of its heavy equipment everywhere except North America, a possible warning sign ahead of the company’s second-quarter earnings due on Wednesday.
Vodafone says it would consider Verizon offer
LONDON (Reuters) – The board of Vodafone would seriously consider any offer for its 45 percent stake in Verizon Wireless if it offered more value to investors than the current status quo, its chairman said on Tuesday.
Bullish on aerospace, United Tech lifts 2013 forecast
(Reuters) – United Technologies Corp, the world’s largest maker of elevators and air conditioners, raised the bottom end of its 2013 earnings forecast on Tuesday, citing its growing confidence after a jump in aerospace orders and cost cuts.
Vivendi kicks off wider revamp with Maroc sale deal
PARIS/DUBAI (Reuters) – Vivendi SA’s long-flagged deal to sell its controlling stake in Maroc Telecom to Abu Dhabi-based Etisalat is just the first step in the French conglomerate’s bet that it can remake itself as a media-focused company.
