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No liability for BofA for allegedly concealing $10 billion AIG case

2014-05-19 18:42:08| Energy - Topix.net

A federal appeals court said Bank of America Corp was not liable to shareholders for allegedly concealing a $10 billion fraud lawsuit by American International Group Inc , whose filing led to a 20-percent one-day plunge in the bank's stock price.

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Microsoft's money pit: Surface has lost $1.2 billion

2014-05-19 15:52:39| InfoWorld: Top News

Microsoft has lost more than $1.2 billion so far on its Surface tablet business, an expensive experiment that makes tomorrow's revelations of new hardware an important milestone for the "devices" side of its corporate-refashioning strategy. On Tuesday, CEO Satya Nadella is expected to step on a New York stage and unveil one or more new Surface tablets, and outline his direction for the in-house hardware project birthed by his predecessor, Steve Ballmer.

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McClendon Raises $8.5 Billion, Lines Up Permian/Marcellus Projects

2014-05-19 09:31:00| OGI

His appearance at a Houston A&D gathering was also about deals, recruitment.

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AT&T Acquires DirecTV for $48.5 Billion

2014-05-19 06:34:22| PC Magazine Software Product Guide

AT&T positioned the deal as a way to provide more customers with mobile, broadband, and pay TV triple play service.

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AT&T announces $48.5 billion DirecTV deal

2014-05-19 02:00:00| Total Telecom industry news

U.S. telco boosts TV offer with satellite company buy; will sell America Movil stake to smooth regulatory path.

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