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Thomabravo-compuware-090214-lg.jpgSoftware developer Compuware Corp. has agreed to be acquired by private equity firm Thoma Bravo LLC in a transaction valued at about $2.5 billion, the two companies said Tuesday. At closing, Thoma Bravo will acquire all the outstanding shares of Detroit-based Compuware and Compuware will become a privately-held company.

Teva's Reslizumab Shows Reduction In Asthma Exacerbations In Clinical Studies

Teva Pharmaceutical Industries Ltd. (TEVA) announced that reslizumab, an investigational anti-IL-5 monoclonal antibody, demonstrated clear levels of efficacy in achieving the primary endpoint of reduction in the frequency of clinical asthma exacerbations or CAE compared to placebo in two pivotal Phase...

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Aviat Networks Loss Widens; Stock Down 4%

Aviat Networks Inc (AVNW) said Tuesday its net loss for the fourth quarter widened to $12 million or $0.20 per share from $5.8 million or $0.10 per share last year. Excluding items, adjusted loss for the quarter was $0.13 per share compared with earnings of $0.01 per share a year ago. Revenues...

China Non-Manufacturing Activity Expands In August

China's non-manufacturing business activity grew at a marginally faster rate in August, data from the National Bureau of Statistics showed on Wednesday. The non-manufacturing business activity index edged up to 54.4 in August from 54.2 in July. This indicated continued expansion, though at a slower...

China Aug HSBC Services Business Activity Index 54.1 Vs 50 In July

China Aug HSBC Composite Output Index 52.8 Vs 51.6 In July


Perfect World To Sell Its Shares In Shanda Games - Quick Facts

Perfect World Co., Ltd. (PWRD), an online game developer and operator based in China, announced that it has agreed to sell a total of 30.33 million class A ordinary shares of Shanda Games Ltd. (GAME), being the entire equity interest that Perfect World previously acquired. Perfect World will sell...

Perfect World To Sell Total Of 30.33 Mln Class A Ordinary Shares Of Shanda Games

IndoorAtlas Agrees To $10 Mln Investment From Baidu


CDW Corp. (CDW) Is Falling After Offering Announcement

CDW Corp. (CDW) announced after the bell Tuesday that it commenced a public offering of 15,000,000 shares of its common stock held by the selling stockholders. The stock is now down 1.22 on 8K shares. CDW traded in a range for the majority of Tuesday's session and closed up by 0.10 at $33.14. The...

Alibaba To Launch IPO Roadshow On Week Of September 8: Reports

Chinese e-commerce giant Alibaba Group Holding Ltd. is planning to formally pitch its new York initial public offering to investors in the week of September 8, media reports said.

Guidewire Software Q4 14 Earnings Conference Call At 5:00 PM ET

Guidewire Software, Inc. (GWRE) will host a conference call at 5:00 PM ET on September 2, 2014, to discuss Q4 14 earnings results. To access the live webcast log on to To listen to the call, dial (877) 795-3599 (US) or (719) 325-4901 (International). For a replay call,...