HP may be ready to deal, as tech M&A heats up
Hewlett-Packard Co may get acquisitive again despite its recent absence from the technology sector's M&A scene, analysts said, and Brocade Communications Systems Inc may a prime target. Read Full Article here.
U.S. Services industries grow in Sept., breaking 11-month drought: ISM
Economic activity in the U.S. non-manufacturing sector (services sector) grew in September for the first time in 11 months according to a survey of purchasing and supply executives by the Institute for Supply Management. Read Full Article here.
Brocade looking at potential sale: sources
Brocade Communications Systems Inc is putting itself on the block and Hewlett-Packard Co is one of the companies that could be interested in buying the network gear maker, people familiar with the matter said. Read Full Article here.
Republicans seek study before FCC Web rules
A group of House of Representatives Republicans urged the Federal Communications Commission on Monday to conduct a market analysis before proposing a new rule to maintain an open Internet. Read Full Article here.
CIT plans to increase $3 billion bondholder loan: source
CIT Group Inc is looking at increasing the size of a $3 billion loan it took in July to meet funding needs as the troubled commercial lender restructures, a source familiar with the matter said on Monday. Read Full Article here.
iPhone will be able to run some Flash programs
The developer of the widely used Flash programing language has devised a way to translate its code to run on Apple Inc's iPhone -- a move that could dramatically boost the variety of applications for the iPhone. Read Full Article here.