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Pepper spray drones put on sale

2014-06-18 15:47:37| BBC News | Business | UK Edition

A South African company says it has received its first order for a drone that can fire pepper-spray bullets and features "blinding lasers".

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US BOEM proposes sale of wind energy area offshore Massachusetts

2014-06-18 01:00:00| Power Technology

The US Bureau of Ocean Energy Management (BOEM) has proposed the lease sale of the largest area of offshore Massachusetts for offshore wind energy projects.

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Nuance Communications goes up for sale - report

2014-06-17 08:51:00| Telecompaper Headlines

(Telecompaper) Speech-recognition software maker Nuance Communications has held discussions with potential suitors regarding a sale of the company, people familiar with the matter told the Wall Street Journal. The company recently discussed a possible sale of the company with Samsung Electronics and private-equity firms, according to the report. It wasn't clear where sale talks, some of which happened earlier this year, currently stand or if they will lead to a deal. Nuance develops voice-powered technology used in mobile phones, televisions and GPS navigation devices. The company had a market capitalization of about USD 5.5 billion before the Wall Street Journal reported the talks. Nuance shares rose sharply on the news. Carl Icahn owns about 19 percent of Nuance and has two representatives on the company's board. The company recorded USD 1.86 billion in revenue in its last fiscal year. 

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Safeway resolves lawsuit over sale to Cerberus

2014-06-16 22:22:12| Grocery - Topix.net

Safeway said it will terminate its "poison pill" shareholder rights plan on Thursday instead of letting the plan expire in September.

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Grocery Outlet up for sale for more than $1 billion: sources

2014-06-16 19:15:57| Grocery - Topix.net

Discount supermarket chain Grocery Outlet is exploring a sale that is expected to value the bargain retailer at more than $1 billion, according to people familiar with the matter.

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