DEERFIELD, Ill.-- Software maker Textura Corp. said Wednesday that its initial public offering of stock has closed and raised $86.3 million, as the banks managing the deal bought up extra shares. The company began trading Friday on the New York Stock Exchange under the symbol "TXTR." Shares dipped 2 cents to $20.79 Wednesday.
WILMINGTON, Del.-- A Chinese national who pleaded guilty to taking part in a $100 million international software piracy plot has been sentenced to 12 years in prison. Thirty-six-year-old Xiang Li of Chengdu, China, was sentenced Tuesday in federal court in Wilmington.
The U.S. Attorney's Office for the District of Delaware said businessman Xiang Li, 36, would be deported to China pending his release from prison. Li, of Chengdu, China, was arrested in June 2011, in an undercover sting by U.S. Department of Homeland Security agents on the Pacific island of Saipan, an American territory near Guam.
NEW YORK-- GE's health care business will invest $2 billion in software development over the next five years. GE Healthcare said Tuesday that it wants to improve the management of hospital operations, increase clinical effectiveness and optimize care. Shares of General Electric Co. lost 19 cents to $23.59 in midday trading.
SAN FRANCISCO, June 10- Apple Inc on Monday unveiled iTunes Radio, a free music streaming service that is a key part of overhauled mobile software that the company called the most revolutionary re-design of its operating system since the iPhone was introduced in 2007..
SAN FRANCISCO, June 10- Apple Inc on Monday unveiled new mobile software that it described as the most revolutionary overhaul of its operating system since the iPhone was introduced in 2007, sporting a revamped layout with fresh colors, new animation and more depth to its display.
SAN FRANCISCO, June 10- Apple Inc showed off a new line of Mac computers on Monday, including a sleek, cylindrical-shaped Mac Pro due later this year that will be assembled in the United States. Executives showed off the computer as Apple kicked off its annual conference for its developers, where it is also expected to unveil a new streaming-music service.
This marquee event for the video game sector, running from June 11 to 13, comes as the industry tries to cope with the rapid growth of online and mobile gaming and prepares for the launch of next-generation consoles from Microsoft Corp and Sony Corp. Here is a look at the industry and its major players.
The Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.
Tuesday, 18 Jun 2013 | 7:10 AM ETAn airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.
Tuesday, 18 Jun 2013 | 9:33 AM ETPlans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.