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Nokia Sells - HERE': Mixed Feelings on the Street, Price a Bit Low
2015-08-04 03:07:55| Wireless - Topix.net
Shares of Nokia today fell 12 cents, or 1.7%, to close at $6.93, after the company this morning said it completed the "next stage" of its "transformation" by selling its HERE business unit that develops mapping and navigation techologies for a 2.8 billion to a consortium of car companies including Audi, BMW and Daimler AG. The purchase price will be reduced to about a 2.5 billion, said Nokia, because of certain "defined liabilities" for which the buyers will be compensated.
Weak oil prices, China worries weigh on Wall Street
2015-08-03 22:14:45| Chemicals - Topix.net
U.S. stocks fell on Monday as oil prices touched a six-month low and factory data from China raised concerns about the world's second-biggest economy. REUTERS: U.S. stocks fell on Monday as oil prices touched a six-month low and factory data from China raised concerns about the world's second-biggest economy.
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Aclima And Google Partner To Map Outdoor Air Quality With Street View Vehicles
2015-08-03 03:41:46| pollutiononline Home Page
Aclima, Inc., a San Francisco-based company that designs and deploys environmental sensor networks, recently announced a new partnership with Google Earth Outreachto map and better understand urban air quality
Wall Street ends lower as weak oil weighs
2015-08-01 03:09:51| Chemicals - Topix.net
Wall Street ended the week on a sour note as a drop in energy stocks eclipsed wage data that supported expectations that the US Federal Reserve might hold off on moving interest rates. Exxon Mobil shares dropped 4.58 percent while Chevron lost 4.89 percent after reporting poor quarterly earnings due to weak oil prices.
The Wall Street Journal: Avago-Broadcom deal not guaranteed to be tax-free
2015-07-31 05:01:21| Semiconductors - Topix.net
Avago Technologies Ltd. said the Internal Revenue Service has declined to assure that its pending $37 billion takeover of Broadcom Corp. will be tax-free to that company's shareholders, highlighting an unusual consequence of some cross-border deals. said in May, when they announced their tie-up, that they would seek an IRS ruling that the deal qualified as a tax-free reorganization.
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