Industry News

Cellcom Israel Ltd. barring Golan Telecom from negotiating its sale until November. In the end, however, after Cellcom agreed to discuss the matter, Golan Telecom did not pursue it. According to various sources, the Golan Telecom shareholders realize that they will have no choice other than to sell the company; otherwise, they will have to pay Cellcom NIS 600 million at the end of November for the use of..."/>
Golan Telecom sale looks inevitable [Globes, Tel Aviv, Israel]
Nordstrom Inc. the green light to buy the land the Seattle-based retailer has been leasing for two decades. However, the retailer won't be closing on a sale until final approval comes from the Federal Aviation Administration. Cedar Rapids City Council on Tuesday approved the company's request to buy the 46 acres of land-- 7700 18th St."/>
BRIEF: Cedar Rapids approves land sale to Nordstrom [The Gazette, Cedar Rapids, Iowa]
IRB Infrastructure Developers Ltd and Sterlite Power Grid are gearing up to list their Infrastructure Investment Trusts, and one of them will be the first in India to do so, according to three people aware of the development. Toll road developer IRB is looking to file its so-called draft red herring prospectus for its InvIT as early as around the middle of August, said one of the three people cited above. InvITs are trusts that manage income-generating..."/>
Sterlite?Power,?IRB Infrastructure inch closer to InvIT launches [Mint, New Delhi]
Apple gained some ground in its fight to regain lost glory. The technology giant reported better-than-expected iPhone sales in the third quarter, and had even more good news that its revenue for the current quarter would surpass analysts' views. The positive tone from the Cupertino, California-headquartered company somewhat eased fears that demand for its flagship device had hit a snag."/>
Apple bounces back - somewhat [Khaleej Times, Dubai, United Arab Emirates]
Citrix Systems, South Florida's oldest home-grown technology company, is selling its GoTo family of businesses, a transaction valued at about $1.8 billion. The sale to LogMeIn of Boston includes the well-known GoToMeeting, an online meeting and video conference tool. GoTo is based in Santa Barbara, Calif., so the sale should have no effect on employment here."/>
Citrix sells GoTo business in $1.8 billion transaction [Sun Sentinel]
Apple, looking for ways to counter continued declines in sales of the iPhone, is now saying that the company's new growth engine rests on consumers continuing to buy apps, music and switch over to Apple Pay. Apple delivered its fiscal third quarter results Tuesday and the highlight was the ongoing rise of its so-called services business, which totaled $5.98 billion in revenue, a 19 percent increase from the same period a year ago. Services-- which include sales..."/>
Apple's services gains lead better-than-expected quarterly results [East Bay Times]
Criteo's Litigation Against Steelhouse
CoreLogic Case-Shiller Indices released Tuesday. San Diego County's median home price, adjusted for seasonal swings, increased 6.4 percent in the last 12 months, while Los Angeles and Orange Counties increased 5.4 percent. Portland continued to dominate with the biggest gains, 12.5 percent in May."/>
San Diego County median home price up by 6.4% [The San Diego Union-Tribune]
Apple, looking for ways to counter continued declines in sales of the iPhone, is now saying that the company's new growth engine rests on consumers continuing to buy apps, music and switch over to Apple Pay. Apple delivered its fiscal third quarter results Tuesday and the highlight was the ongoing rise of its so-called services business, which totaled $5.98 billion in revenue, a 19 percent increase from the same period a year ago. Services-- which include sales..."/>
Apple's services gains lead better-than-expected quarterly results [Mercury News]
Buffalo Wild Wings: Half-priced wings on Friday when dining in at participating locations. East Coast Wings: Buy wings on Friday and get a coupon good for five free wings redeemable July 31- Aug. 4.."/>
BRIEF: Where to get free eats and hot deals for National Chicken Wing Day [Sun Sentinel]
SMART Technologies Inc., a leading provider of education and business collaboration solutions, announces that, further to its press release dated May 26, 2016, the holders of common shares of the Company have approved the proposed arrangement involving the Company, 689522 N.B. Ltd. and the Shareholders pursuant to a plan of arrangement under the Business Corporations Act. Under the terms of the Arrangement, Shareholders will receive from..."/>
SMART Technologies Shareholders approve Plan of Arrangement

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