The acquisition of one of the mobile telecommunications industry's most storied names is Google co-founder Larry Page's boldest move since taking over as CEO in April, launching the Internet giant into a lower-margin manufacturing business and pitting it against many of the 38 other handset companies that now use its Android software.
Carl Icahn benefits from Motorola Mobility's sale. He has other tech investments.
Google Inc said it will buy phone hardware maker Motorola Mobility Holdings Inc for $12.5 billion in cash to bolster the adoption of its Android mobile software.
Shares of Research in Motion are at a yearly low. But they could recover with new Blackberry products. Or attract a bidder.
Lionsgate Entertainment has spent some $10 million defending itself against claims by Carl Icahn -- but its insurance company has only reimbursed it for $2 million of that.
Commercial Metals Co said on Sunday it has adopted a stockholder rights plan, making it harder for activist investor Carl Icahn to take a bigger stake in the steel maker.
Clorox Co (CLX.N) once again turned down an offer from activist investor Carl Icahn, calling his latest bid of $80 per share "inadequate."
Clorox rejected Carl Icahn's takeover bid for the second time on Wednesday, calling the bid "inadequate."
Eastman Kodak Co posted another loss as the once-iconic photography company faced high raw material costs and struggled to shift its focus from film toward digital cameras and printers.
A Clorox investor filed a lawsuit against the company, in hopes to bar the company from using a "poison pill" against Carl Icahn.
A Delaware court is likely to rule by Friday on whether Dynegy Inc's proposed debt restructuring should be put hold, according to a Dynegy spokesman.
Billionaire investor George Soros, whose stock-picking career has spanned nearly four decades, said he will manage money only for himself and his family as new regulations threaten to crimp the hedge fund industry he made famous.
General Electric Co has ended the auction of its roughly $3 billion railcar leasing business, making it the second time in three years the conglomerate has tried unsuccessfully to do so, sources familiar with the matter said on Tuesday.
InterDigital Inc has filed a complaint with the U.S. International Trade Commission against Nokia Corp, Huawei Technologies Co Ltd and ZTE Corp accusing the cellphone makers of infringing seven InterDigital technology patents.
Billionaire investor George Soros, whose stock-picking career has spanned nearly four decades, said he will manage money only for himself and his family as new regulations threaten to crimp the hedge fund industry he made famous.
Kimberly-Clark's CEO doesn't expect his company to pursue Clorox, despite Carl Icahn calling upon the company to do so.
Stock index futures pointed to a higher open on Wall Street on Friday, with futures for the S&P 500 up 0.24 percent, Dow Jones futures up 0.37 percent and Nasdaq 100 futures up 0.23 percent at 0927 GMT.
Carl Icahn continues in his takeover attempt of Clorox (CLX), this time bumping up his original bid to $10.7 billion.
Clorox Co on Monday rejected as too low an offer from billionaire investor Carl Icahn that values it at more than $10 billion.
Forest Laboratories Inc plans to nominate a 10-person board slate that includes three new members at its shareholder meeting, as the drugmaker fends off a challenge from billionaire investor Carl Icahn.
Carl Icahn's takeover bid for Clorox (CLX) is yet another deft move for the aging businessman.
Billionaire investor Carl Icahn offered to buy Clorox Co in a $10.2 billion deal, but also invited the household products maker to hold a go shop sale, which he said should yield a higher bid for the company.