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BankUnited working with Goldman on possible sale
Florida-based BankUnited Inc. BKU +3.23% has hired Goldman Sachs Group GS +0.13% to help explore a possible sale, Bloomberg Television reported Friday, citing a person with knowledge of the matter.
Shares of BankUnited, which failed in 2009 and was taken over by a group of investors including Blackstone BX -0.20% and the Carlyle Group, shot up 11% and triggered a circuit breaker in Friday afternoon...
Viper Motorcycle Company Announces Head of Agreement signed with AMV Motorcycles for European Distribution
Auburn, AL December 12, 2011 – (OTCQB: VPWI)Viper Motorcycle Company, a wholly owned division of Viper Powersports, Inc. announced today that it has signed a Head of Agreement with AMV Motorcycles for exclusive distributorship for the United Kingdom and European Continent.
Colbert Seagraves, Viper Motorcycle Company’s Vice President of Marketing and Racing Operations stated, “We plan to have...
RBS reaches $52 mln settlement with Mass. AG
NEW YORK (MarketWatch) — Royal Bank of Scotland Group PLC (RBS, RBS.LN) will pay $52 million in order to settle charges filed by the state of Massachusetts that a unit put unfair residential mortgages into investment pools.
The Attorney General for the state, Martha Coakley, said in a statement Monday the bank will put $40.2 million to reducing the principal amounts on more than 700 subprime...
Google settles with FTC on privacy breaches
Google Inc. GOOG -0.24% agreed to submit to third-party privacy audits for the next 20 years to settle allegations it misused users’ personal information.
The settlement with the Federal Trade Commission would resolve the agency’s complaint over Google Buzz, a social notification service the company built last year into Gmail. The feature allowed users to share photos, videos and updates...
Microsoft strikes patent agreement with Quanta
Microsoft Corp. MSFT -0.11% has struck a deal with Quanta Computer Inc. giving patent coverage to Quanta devices running platforms from Google Inc. GOOG +6.31% , the latest in a series of such deals inked by the software giant.
Microsoft has claimed Google’s Android operating system uses its patented technologies, and fellow tech giant Apple Inc. (AAPL) has made similar claims. Google and its...
LightSquared Signs Multi-Year Wholesale Agreement with VoX Communications
VoX Will Use LightSquared Network to Launch Mobile Voice and Video Services
LightSquared™, a wholesale carrier building a nationwide wireless broadband network that will create consumer choice and industry innovation, has signed a multi-year wholesale agreement with VoX Communications, a provider of wholesale and retail Voice over Internet Protocol (VoIP) services for consumers and businesses.
This...
Google faces integration challenges with Motorola
NEW YORK (MarketWatch) — Google Inc.’s GOOG -0.09% biggest purchase, the deal for Motorola Mobility Holdings Inc. MMI -0.03% , presents the Internet company with its biggest challenge in integrating a new acquisition.
Unlike its previous deals for online video provider YouTube and Internet advertising company DoubleClick, Google is buying an older, more established company with a focus...
Celestica beats expectations with earnings growth
Celestica Inc. CLS +0.13% posted adjusted second-quarter earnings that were in line with its own guidance but above analyst estimates.
The Toronto company, a provider of electronics manufacturing services, said its adjusted profit rose to 27 cents in the quarter on “robust margin expansion” and top-line growth. Revenue came in at $1.83 billion.
The Thomson Reuters mean estimates were for...
Taiwan’s E.Sun to sign pact with Bank of China
TAIPEI -(MarketWatch)- E.Sun Financial Holding Co. , a mid-sized financial conglomerate, said Friday it plans to sign a cooperation agreement with Bank of China Ltd. (3988.HK) to help develop ties and enable the exchange of information.
The statement didn’t provide more details.
This will be E.Sun’s first cooperation agreement with a Chinese counterpart. In June 2010, Taiwan and China signed...
Advisory firm ISS takes issue with Zimmer CEO pay
An influential shareholder advisory firm thinks Zimmer Holdings Inc. ZMH -0.13% Chief Executive David Dvorak was overpaid last year and recommended shareholders vote against a proposal to approve executive compensation.
There is a “pay-for-performance disconnect” at the orthopedics company, Institutional Shareholder Services Inc. said in research report, issued last week. The advisory firm...

