Sysco Corp. (SYY) Acquires e-Commerce Platform Supplies on the Fly Jul 1, 2016 04:05PM

Sysco Corporation (NYSE: SYY) announced it has acquired Supplies on the Fly, an innovative e-commerce platform providing restaurant supplies and equipment exclusively to Sysco customers. The price of the acquisition was not disclosed.

Headquartered in Kennesaw, Ga., Supplies on the Fly allows Sysco customers to place orders for more than 170,000 products online or by telephone via an e-commerce platform that is fully integrated with Sysco’s business information... (continue reading...)

MaxLinear (MXL) Announces Completion of Asset Acquisition from Broadcom Jul 1, 2016 04:04PM

MaxLinear, Inc. (NYSE: MXL), a leading provider of radio frequency (RF) and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, data center, metro, long-haul fiber networks, and wireless infrastructure today announced that it has completed its previously announced acquisition of certain assets and intellectual property related to the wireless infrastructure backhaul business of Broadcom Corporation, or Broadcom, for... (continue reading...)

Vectren Corp. (VVC) Files Appeal of IURC's March 2016 Order Jul 1, 2016 03:54PM

Vectren Corp. (NYSE: VVC) disclosed the following on Friday:

Item 8.01. Other Events

On June 29, 2016, the IURC issued an Order (June 2016 Order) approving the inclusion in rates of investments made from July 2015 to December 2015, the fourth order received related to the Company’s seven-year capital infrastructure replacement and improvement plan (the Plan), originally approved in 2014. Through the June 2016 Order, approximately $890 million of the proposed capital... (continue reading...)

DVD player found in Tesla car in fatal May crash Jul 1, 2016 03:30PM

By Barbara Liston and Bernie Woodall

WILLISTON, Fla. (Reuters) - A digital video disc player was found in the Tesla car that was on autopilot when its driver was killed in a May 7 collision with a truck, Florida Highway Patrol officials said on Friday.

Whether the portable DVD player was operating at the time of the crash has not been determined, however, and witnesses who came upon the wreckage of the 2015 Model S sedan gave differing... (continue reading...)

Akamai Technologies (AKAM) Receives Positive Verdict in Limelight Networks (LLNW) Spat; Awarded ~$51M in Damages Jul 1, 2016 02:33PM

Akamai Technologies, Inc. (Nasdaq: AKAM) announced that the U.S. District Court in Massachusetts entered final judgment in Akamai's favor in its long-running patent infringement case against Limelight Networks, Inc. The judgment, which followed a series of appeals up to and including the Supreme Court of the United States, determined that Limelight infringed certain claims of U.S. Patent No. 6,108,703 and awarded Akamai a total of nearly $51 million in damages.

The... (continue reading...)

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