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  • *Elbit to pay $117.9 mln upfront, rest based on performance. TEL AVIV, May 21- Israeli defence electronics firm Elbit Systems agreed to buy Nice Systems' cyber and intelligence division for up to $157.9 million as it seeks to boost its presence in this fast-growing market. Elbit, Israel's largest listed defence company, will pay $117.9 million in cash at closure of...

  • Elbit Systems buys Nice's cyber unit for up to $158 mln Thursday, 21 May 2015 | 3:19 AM ET

    TEL AVIV, May 21- Israeli defence electronics firm Elbit Systems has agreed to buy Nice Systems' cyber and intelligence division for $157.9 million as it seeks to boost its presence in this fast-growing market. Elbit, Israel's largest listed defence company, will pay $117.9 million in cash at closure of the deal, expected in the third quarter.

  • EU lawmakers seek ban on "blood metals" in surprise vote Wednesday, 20 May 2015 | 9:12 AM ET

    The result is set to paralyse the bill because European Union governments say firms across the 28 EU countries cannot track materials from small mines all the way through commodity exchanges to component manufacturers and the final product. Greens, centre-left and protest lawmakers from the far-left and far-right gained critical mass in the vote to...

  • SEATTLE, May 20- Microsoft's plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren't interested. Windows phones accounted for just 3 percent of global smartphone sales last year, compared with about 81 percent for devices with...

  • May 18- Video game publisher Take-Two Interactive Software Inc, reported a better-than-expected quarterly profit, helped by strong sales of its "Grand Theft Auto V" and " NBA 2 K15" titles. Take-Two Interactive Software also increased its stock buyback plan to 10 million shares. Sales of the physical retail version of "Grand Theft Auto V" ranked among NPD Group's top...

  • May 18- Video game publisher Take-Two Interactive Software Inc, reported an 83.5 percent jump in quarterly adjusted revenue, helped by strong sales of "Grand Theft Auto V" and " NBA 2 K15". Adjusted net income increased to $54.3 million, or 49 cents per share, in the fourth quarter ended March 31, from $21.5 million, or 21 cents per share, a year earlier.

  • *CEO hopes India contract finalised this year. GENEVA, May 18- Dassault Aviation will double production of its Rafale combat jet within two to three years of the completion of a planned sale to India, its chief executive said on Monday. The maker of combat and business jets is also in talks on potential fighter sales with several other countries including Malaysia,...

  • May 14- Applied Materials Inc, the No. 1 maker of machinery used to make semiconductor chips, posted quarterly profit and revenue above market estimates, largely driven by demand from makers of memory chips. D.A. Davidson& Co analyst Thomas Diffely said Applied Materials performed better than many investors had feared after the company's $10 billion takeover...

  • May 14- QE may or may not be working for Japan's economy but it sure is doing equity investors there a world of good. With about two thirds of the listed firms on the Tokyo Stock Exchange's first section having reported, analysts are expecting record profits of more than 20 trillion yen for fiscal 2014. Profits are especially strong among electronics...

  • *Car companies use Nvidia's "supercomputer on a chip". DETROIT, May 14- It took Silicon Valley chipmaker Nvidia Corp the better part of a decade to gain acceptance as a global automotive supplier, a lesson for other technology firms hoping to make a similar transition from consumer electronics to car components. Nvidia had a thriving business in supplying...

  • UPDATE 1-Applied Materials revenue beats estimates Thursday, 14 May 2015 | 5:20 PM ET

    May 14- Applied Materials Inc's quarterly revenue and profit beat market estimates due to increased demand for its chip equipment spares, consulting services and gear used to make display screens. Revenue in its applied global services business jumped 21 percent to $646 million in the second quarter ended April 26, Applied Materials said.

  • May 14- Avago Technologies Ltd, looking to acquire a fellow chipmaker, has reached out to potential targets including Xilinx Inc, Renesas Electronics Corp and Maxim Integrated Products Inc, according to people familiar with the matter. Neither Silver Lake nor KKR still own stakes in Avago, but the former provided financing for Avago's $6.6 billion acquisition...

  • PARIS, May 13- France's Thales moved quickly on Wednesday to overcome a snub by one of France's leading businessmen, asking its chief executive to lead the board after Henri Proglio refused to accept the chairmanship of Europe's largest defense electronics group. The surprise decision by Proglio to walk away from the non-executive job scuppered a plan to...

  • In recent years, Haier has bought New Zealand's Fisher& Paykel Appliances and Japan's Sanyo Electronics to compete against worldwide home appliances leader Whirlpool Corp and other global brands, including Electrolux AB. He is now driving production and sales at one of China's most successful consumer brands closer to customers, flattening the management...

  • TOKYO, May 11- Japan's Sharp Corp said it was considering a capital reduction and preferred share issuance, wiping nearly a third off its market value at one stage on Monday as investors reeled from the severity of its distress after years of losses. A person familiar with the matter said the electronics manufacturer is planning to slash its capital from more...

  • STOCKHOLM, May 8- Swedish mobile telecom equipment maker Ericsson has filed lawsuits in Germany, Britain and the Netherlands against Apple over technology licence payments, Ericsson said on Friday. We are confident the courts in Germany, the UK and the Netherlands will be able to help us resolve this matter in a fair manner, "he added. Last year, smartphone maker...

  • MUMBAI, May 8- Alibaba Group Holding is in talks with India's Micromax Informatics to buy an about 20 percent stake in the smartphone maker, helping the Chinese e-commerce giant expand in one of the world's fastest growing markets for the devices, several people with direct knowledge of the matter said. The deal, if completed, would see Alibaba investing as much as...

  • How to extend the life cycle of your IT hardware Thursday, 7 May 2015 | 6:46 PM ET
    How to extend the life cycle of your IT hardware

    Mike Sheldon, president and CEO of Curvature, speaks to CNBC about the business of buying, refurbishing and reselling high-end IT equipment.

  • MILAN, May 7- Italian cable maker Prysmian expects core earnings to reach as much as 610 million euros this year, from 509 million euros in 2014, after posting a 53 percent rise in the first quarter. Prysmian, which builds cable for the energy, telecom and building sectors, is looking at several M&A options but as yet has nothing concrete on the table, Battista told...

  • PYEONGTAEK, South Korea, May 7- Samsung Electronics Co Ltd said on Thursday its new $14 billion South Korean chip plant, which is expected to help drive growth as smartphone earnings slow, will start production sometime in the first half of 2017.. The world's No.2 chip maker by revenue did not specify what products will be made at the new production line, which will...