CALIFORNIA

The top after-market NASDAQ stock market losers are: Pacific Sunwear of California, Focus Media Holding, Brocade Communications Systems, Jack in the Box, Nuance Communications, Healthways, Sanderson Farms, Motricity, RealNetworks, and FSI International.

Attachmate Corp, an investment group owned by Francisco Partners, Golden Gate Capital and Thoma Bravo, said it will buy networking solutions company Novell, Inc. for about $2.2 billion.

Givenchy has filed a federal lawsuit against BCBG in California district alleging that their Nightingale bag has been copied and sold by BCBG as their Rembrandt bag, which results in trade infringement. The Givenchchy bag retailed for $2,175 whereas BCBG sold their bag for $118.

New York City could axe as many as 6,000 teachers working in its public schools and slash its budget by $350 million as part of belt tightening, an employment consultancy said in a release on Monday. Education experts have warned that teacher layoffs in New York City, which has not laid off teachers since 1976, will impact schools adversely by causing increase in the class sizes.

Airplanes do not look much like birds. But, according to a pair of engineers in California and South Africa, a bird's design could make an aircraft more fuel efficient.

Holomaxx Technologies Corp., a Can-Spam compliant bulk emailer, has accused Yahoo, Microsoft, Cisco Ironport Systems and Return Path of breaching the wiretapping and other communications laws and wrongly blocking the mass emails it sends on behalf of its clients from reaching intended recipients.

U.S. initial jobless claims rose less-than-expected for the week ended Nov. 13, after falling sharply to a four month low in the previous week.

The first 36 minutes of “Harry Potter and the Deathly Hallows – Part 1”, produced by Warner Bros, was leaked on Tuesday on the Internet ahead of the movie’s release this Friday.

Hardware partners beware, lock your warehouses or get sued. Oracle filed a suit against Multis on Nov. 9 at U.S. District Court for Northern District of California, for breach of contract under which they were liable for losses, if they failed to secure the partner's hardware.

Victoria Kolakowski became the first elected transgender judge in United States by defeating deputy district attorney John Creighton in a fiercely contested race for Alameda County Superior Court.

Swiss pharma giant Roche said it plans to cut 4,800 jobs worldwide over the next two years due to mounting cost pressures in healthcare -particularly in the US and Europe - and increasing hurdles for the approval and pricing of new medicines.

The Manhattan Supreme Court has dismissed a petition by Diandra Douglas, the former wife of Michael Douglas, putting to a halt to her bid of receiving a share of profit from the blockbuster movie sequel Wall Street: Money Never Sleeps.

Ford Motors has announced the list of cities, which shall receive the first all-electric passenger car Focus Electric, which debuts in late 2011.

The US Department of Energy has set up an expert committee to report on its activities in energy efficiency and renewables to the Energy Secretary.

American entrepreneur and renowned wine critic Mark Oldman has released his new book 'Brave New World of Wine' published by New York-based W.W.Norton & Company. Through this book, the author aims to inspire readers to drink bravely.

The stage is set for another wave of mergers and acquisitions in the U.S. technology sector as the big players, who are flush with cash and looking to expand their horizon, are acquiring aggressively in quest for new products and technology.

Standpoint Research has initiated coverage on Cisco Systems with a 'buy' rating and a price target of $24 and analyst Ronnie Moas said the market has overreacted to the company's weak outlook.

The top pre-market NASDAQ stock market gainers are: Bucyrus International, Isilon Systems, Mediacom Communications, Telestone Technologies, Heartware International, GTSI, Amtech Systems, EDAP TMS, LJ International, and Joy Global.

At the recent custody case of Mel Gibson and Oksana Grigorieva the Los Angeles court judge ordered Mel to pay child support for his daughter.

Home foreclosures in the U.S. in October fell by 9 percent primarily because some major banks temporarily froze foreclosure proceedings and delayed sales of foreclosed properties nationwide after being criticized for shoddy paperwork, according to real estate data company RealtyTrac.

FBR Capital Markets raised its profit estimate and price target of Nvidia (NVDA), a day after the graphics chip maker reported third quarter earnings that topped Wall Street estimates.