The Company Pervasip is a new generation communications company providing wholesale and retail Voice over Internet Protocol (VoIP) services. Pervasip is focusing its resources on the growth of its wholly owned subsidiary, VoX Communications. Using its own nationwide VoIP network, VoX offers scalable and reliable broadband voice, origination and termination services to cable, wireless and wireline operators,... 

General Electric Co. GE +0.13% Vice Chairman John Krenicki said Tuesday that prospects are bright for the company’s business of selling natural-gas turbines and gear related to natural-gas exploration, at a time when the energy source is cheap and political uncertainty has hobbled some other segments of the energy sector. “In an environment where public policy is paralyzed, all roads lead... 

LONDON (MarketWatch) — Private equity firm Carlyle Group Monday said it has bought upmarket carpet-maker Brintons out of administration, with plans to grow the company internationally. Financial details of the transaction weren’t disclosed but a person familiar with the situation told Dow Jones Newswires that the U.S. private equity giant intends to invest around GBP38 million, some GBP20... 

Liz Claiborne Inc. LIZ +4.55% agreed to sell its Mexx fashion brand to a joint venture formed with a private equity firm for $85 million in cash and an 18.75% interest in the partnership, a move that comes as the cash-strapped apparel maker looks to reduce its debt. Shares climbed 6.5% to $5.39 in light premarket trading. The stock is down 29% so far this year through Thursday’s close and approached... 

MOSCOW -(MarketWatch)- U.S. oil major Exxon Mobil Corp. XOM -0.28% and Russia’s OAO Rosneft Tuesday announced a global joint venture that would include $3.2 billion in exploration offshore Russia, marking Russia’s most decisive step forward to attract international oil heavyweights since the demise of a similar venture between Rosneft and BP PLC ... 

Heico Corp.’s (HEI, HEIA) fiscal third-quarter earnings rose 37% as the company reported its highest quarterly sales ever. The company, which makes aircraft parts and electronics equipment, raised its projections for results this year. It predicted net income would rise 29%, up from its May forecast for 20% growth. It now predicts sales will increase 20%, up two percentage points from its earlier... 

Adobe Systems Inc. ADBE +0.08% has taken the lead in an area of Web traffic it would rather not have: The target of cyber criminals. Adobe’s presentation software has become a preferred method for thieves to penetrate the security of desktop and laptop computers in order to gain access to user passwords, credit-card numbers and bank accounts, according to McAfee, a Web security company owned... 

Avago Technologies Ltd.’s AVGO +8.44% fiscal third-quarter profit rose 17% as stronger wired-infrastructure sales and wider margins boosted the semiconductor designer’s bottom line. Shares rose 5.6% to $30.90 on the better-than-expected results. The stock was up 43% over the past year through the close. The maker of chips for products ranging from cell phones to computer servers has benefited... 

SEOUL (MarketWatch) — Samsung Mobile Display, a joint venture between Samsung Electronics Co. (005930.SE, SSNHY) and Samsung SDI Co. (006400.SE, SSDIY), said Tuesday that it will form a strategic alliance with U.S. company Universal Display Corp. PANL +0.06% , a move that would help both parties to accelerate the development of what appears to be the next-generation display technology. “The... 

SYDNEY (MarketWatch) — Oil Search Ltd. (OSH.AU) on Tuesday said first half profit more than doubled due to higher oil prices and it moved to address concerns that regime change in Papau New Guinea will affect its US$15 billion gas export joint venture with ExxonMobil Corp. XOM -0.16% . Net profit for the six months to June 30 rose to US$114.5 million from US$52.9 million a year earlier. Oil Search...