World-Business/Business-Finance news

Bombardier confirmed today that the current economic and airline industry environments continue to make it difficult to gain new aircraft orders, particularly for the CRJ aircraft family.

Duke Energy intends to match a $22 million grant from the U.S. Department of Energy to design, build and install large-scale batteries to store wind energy at one of its wind farms in Texas.

Boeing Defence Australia, a wholly owned subsidiary of The Boeing Company [NYSE: BA], has signed a Deed of Standing Offer to provide Electromagnetic Environmental Effects (E3) testing and design services for Australian Defence Force (ADF) aircraft and systems.

Citi today announced that it has signed a definitive agreement to sell its Diners Club North America card business to BMO Financial Group (BMO). The deal gives BMO exclusive rights to issue Diners cards in the U.S. and Canada.

Twenty-year outlook for efficient, environmentally progressive airplanes is strong

BAE Systems has been awarded contract modifications from the U.S. Army Tank Automotive & Armaments Command (TACOM) for work on Bradley Fighting Vehicles, Multiple Launch Rocket System (MLRS) Redesigned Cabs, and M113A3 Ambulance vehicles. The total value of the contract modifications is $60.6 million.

Lockheed Martin (NYSE: LMT) this morning successfully delivered a commercial telecommunications satellite for Intelsat, the leading provider of fixed satellite services, into orbit aboard an Atlas V booster provided by United Launch Alliance.

Rolls-Royce, the global power systems company, has signed a $171 million contract with Pratt & Whitney to supply the Rolls-Royce LiftSystem® for a further 9 Short Take-Off and Vertical Landing (STOVL) variant F-35B Lightning II aircraft as part of the third lot of Low Rate Initial Production (LRIP).

United States of America, Nestlé Professional announced it has agreed to acquire Vitality Foodservice Inc., one of North America’s leading beverage solution providers to the foodservice industry.

Deal Strengthens CA's Ability to Help Enterprise IT Organizations and Service Providers Deliver Reliable, Flexible, and Cost-effective IT and Business Services and Extend their Delivery Capability to the Cloud

Motorola, Inc. (NYSE: MOT) today announced the acquisition of RadioFrame Networks' iDEN business. RadioFrame is a provider of lower cost, power efficient iDEN technology. Terms of the transaction were not disclosed.

BAE Systems has received a $42 million U.S. Army contract to produce bar armor kits that protect soldiers in ground vehicles from rocket-propelled grenade attacks.

Deutsche Telekom will take over the webhosting provider Strato from the telecommunications company Freenet. A contract will be signed today in Berlin with Freenet AG on the acquisition of 100 percent of its shares in Strato AG and Strato Rechenzentrum AG.

Thomson Reuters (NYSE: TRI;TSX: TRI), the world’s leading source of intelligent information for businesses and professionals, today announced that its Tax & Accounting business has signed a definitive agreement to acquire Sabrix, Inc, a leading global provider of transaction tax management software applications and related services.

Time Warner Inc. (NYSE:TWX) and AOL Inc. today announced the timing and details regarding the spin-off of AOL from Time Warner.

HP and 3Com Corporation (NASDAQ: COMS) (“3Com”) announced (Nov. 11, 2009) that they have entered into a definitive agreement under which HP will purchase 3Com, a leading provider of networking switching, routing and security solutions, at a price of $7.90 per share in cash or an enterprise value of approximately $2.7 billion.

Rolls-Royce, the global power systems company, has been awarded a contract worth $8.5 million by the U.S. Air Force to provide AE 2100D3 spare engine parts to power Lockheed Martin C-130J military transport aircraft for the U.S. Air Force.

Logitech International (SIX: LOGN) (Nasdaq: LOGI), a leader in PC video communication, announced that it has agreed to acquire privately held LifeSize Communications of Austin, Texas for $405 million in cash.

Google Inc. (NASDAQ: GOOG) today announced that it has signed a definitive agreement to acquire AdMob, a mobile display ad technology provider, for $750 million in stock.

Microsoft Corp. today announced that it will purchase the Teamprise-related assets of SourceGear LLC, which enable developers using the Eclipse IDE or operating on multiple operating systems, including Unix, Linux and Mac OS X, to build applications with Microsoft Visual Studio Team Foundation Server.