Private equity firms Carlyle Group LP and KKR & Co LP have emerged as the lead contenders to take over Reynolds and Reynolds, a software company hoping to sell itself for $5 billion, three people familiar with the matter said.
Dayton, Ohio-based Reynolds, which provides business management software for auto dealers in North America and Europe, had hired technology-focused investment bank Qatalyst...
Sandia Lab building solar test centers across US
Labels: Business One of the National Security Administration's three national laboratories is building regional testing centers around the country to field-test hardware for solar companies before their multimillion-dollar solar systems are installed in buildings.
The Sandia National Laboratory is building test centers in Albuquerque, Denver, Las Vegas, Orlando, Fla., and Burlington, Vt., the Albuquerque Journal...
Mundie, one of Gates' successors, to retire from Microsoft
Labels: Business Craig Mundie, one of two Microsoft Corp executives who took over Bill Gates' role at the company, has relinquished control of Microsoft's large research organization and is to retire from the company in 2014.
Mundie is taking on a new role as a senior adviser to Chief Executive Steve Ballmer, according to a memo circulated internally earlier this month but only made public on Monday.
Eric Rudder,...
LSE trims LCH.Clearnet offer amid capital changes
Labels: Business London Stock Exchange PLC has reduced the value of its bid to buy up to 60 percent of European clearing house LCH.Clearnet to take into account new capital requirements being imposed by regulators.
The Exchange said Monday that its offer values LCH.Clearnet at a provisional €15 ($19.83) a share, down from the March offer of around €20 a share. The overall value of the deal was not disclosed.
It said...
Stocks fall as hopes for a budget deal fade
Labels: BusinessStocks are closing lower on concern that lawmakers will run out of time to reach a budget deal before year-end.
The Dow Jones industrial average lost 52 points to close at 13,139 Monday in a shortened holiday trading session.
The Standard & Poor's 500 index fell three points to 1,427. The Nasdaq composite dropped 8 points to close at 3,013.
Sen. Joe Lieberman said that it is now "more likely we'll...
Dec
23
Actress Jennifer Lawrence named 'most desirable' woman
Labels: Entertainment Jennifer Lawrence, you are the world's most desirable woman, according to an international poll released on Tuesday by the website AskMen.
"The Hunger Games" star rose to the top of the list from No. 47 last year on the heels of the box-office smash while buffing her credibility as a quirky, sex-mad young widow in the independent film "Silver Linings Playbook," AskMen editor in chief James Bassil...
"Hobbit" actor McKellen has prostate cancer
Labels: EntertainmentThe Hobbit" actor Ian McKellen said in an interview published on Tuesday that he had had prostate cancer for the last six or seven years, but added that the disease was not life-threatening.
McKellen, 73, played Gandalf in the hit "Lord of the Rings" movie trilogy, and reprises the role in three prequels based on J.R.R. Tolkien's novel "The Hobbit".
The first of those, "The Hobbit: An Unexpected Journey",...
Subscribe to:
Posts (Atom)
Copyright © News U.S. Economy. All rights reserved.
Design 