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Disney agrees to buy out India’s UTV Software
Walt Disney Co. DIS -0.21% said it would buy a controlling interest in Indian entertainment company UTV Software Communications Ltd. , which it said would make Disney the country’s leading film studio.
Last month, India’s cabinet approved the proposal by Disney–which currently owns 50.28% of UTV Software–to buy out other shareholders. Walt Disney reiterated Tuesday it will delist...
Pitney Bowes net rises; software segment improves
Pitney Bowes Inc.’s PBI -4.75% second-quarter earnings climbed 64% on improved revenue, led by the equipment and software segments.
The mail and document-management company had seen sales tumble in the previous 10 quarters as consumers turned to email and other communication methods from traditional mail use. Pitney Bowes is adapting its business to offer new cloud-friendly services as equipment...

