1 December, 2015 by The TZ Newswire Staff Comments Off on Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources
Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources
Buyout firms KKR & Co LP , Thoma Bravo LLC and Vista Equity Partners Management LLC are competing for $4 billion worth of Dell Inc’s assets, people familiar with the matter said, as the computer maker …
1 December, 2015 by The TZ Newswire Staff Comments Off on Cyber Monday sales top $3 billion as discounts spur buyers
Cyber Monday sales top $3 billion as discounts spur buyers
Mobile devices accounted for 26 percent of online sales, according to the Adobe Digital Index report, based on data from 200 million visits to 4,500 retail websites on what is traditionally the busiest day of the year for Internet shopping. Top-selling items included Lego Star Wars, the Barbie Dream House, Samsung 4k television sets and Apple Inc’s iPad Mini. A spike in online sales on the first Monday after the U.S.
1 December, 2015 by The TZ Newswire Staff Comments Off on Bosch sued over alleged role in VW diesel emissions scandal
Bosch sued over alleged role in VW diesel emissions scandal
German auto supplier Robert Bosch GmbH has been accused of conspiring with Volkswagen AG (VOWG_p.DE) to evade diesel emissions standards in at least 11 million vehicles worldwide in a class action lawsuit filed late on Monday. “Volkswagen’s fraudulent scheme was facilitated and aided and abetted by defendant Bosch, which created the software used in Volkswagen’s defeat device,” said the 56-page lawsuit, which accuses the parties of violating civil racketeering laws and consumer fraud.
1 December, 2015 by The TZ Newswire Staff Comments Off on New York proposes banking rules to prevent illicit financing
New York proposes banking rules to prevent illicit financing
The proposed regulations will, among other things, require a bank’s chief compliance officer to certify whether a bank maintains the types of systems outlined in the rule to detect and prevent illicit money transfers, said the New York Department of Financial Services (NYDFS), the state’s financial regulator, which is writing the rules. Cuomo, as Democrat, unveiled the proposal as the U.S. is ramping up efforts to cut off funding to Islamic State.
1 December, 2015 by The TZ Newswire Staff Comments Off on LGI Homes Breaks Out; Tyler Technologies Reverses
LGI Homes Breaks Out; Tyler Technologies Reverses
Tuesday’s rally brought some fresh breakouts, but not all of them were successful. Tyler Technologies (TYL) broke past a 179.41 buy point to a flat base, but turned tail and was trading lower within minutes. The stock finished down 1.64 to close at 176.80. Volume was 4% above average. The company provides IT management for local governments.
1 December, 2015 by The TZ Newswire Staff Comments Off on Personal Finance Daily: Why you may need less retirement income than you think, and the people who struggle most with student debt
Personal Finance Daily: Why you may need less retirement income than you think, and the people who struggle most with student debt
Why you may need less retirement income than you think, and the people who struggle most with student debt.
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1 December, 2015 by The TZ Newswire Staff Comments Off on Amazon.com Inc. and Mattress Firm Holding Corp Jump as Stocks Rise
Amazon.com Inc. and Mattress Firm Holding Corp Jump as Stocks Rise
A new sales record for the e-commerce giant and a huge acquisition for the specialty mattress retailer pushed both stocks higher as indexes rose today.