Nuance Communications Inc., the maker of speech-recognition software, rose the most in more than five years after reports the company is considering a sale and has talked to potential buyers including Samsung Electronics Co.
Francois-Xavier de Mallmann, a London-based partner at Goldman Sachs Group Inc., bought an apartment on Manhattan’s Park Avenue for $13 million, 13 percent less than what its owners initially sought.
Miami’s roller coaster real estate market is booming again after its worst crash left dozens of unfinished buildings and failed condo projects.
Carl Icahn’s purchase of Nuance Communications Inc. shares is spurring speculation he will seek a break-up or sale of the speech-recognition software developer.
Vlingo Corp. , whose products help mobile telephones recognize voice commands, sued rival Nuance Communications Inc. alleging infringement of five U.S. patents.
A federal judge said municipal workers unions can’t stop Michigan Governor Rick Snyder and Detroit from entering into an agreement over the city’s fiscal crisis.
BT Group Plc’s British Telecommunications unit sued chipmaker Analog Devices Inc. in the U.S., demanding patent royalties for an invention related to data compression and encoding.
The yoga mat is gaining traction as a fundraising tool in the Hamptons.
U.K. soccer leagues claimed victory against Yahoo! Inc.’s U.K. unit in a court ruling that said their match schedules can be protected by copyright law.
Nuance Communications Inc. shares rose after billionaire investor Carl Icahn added to his stake in the speech-recognition software developer.
"Nuance will offer Mr. Icahn and his firm the same respect and accord we offer our other investors."
- Richard Mack on Apr 07, 2013