Technology Business News

• MTN Profit Falls as Rand Gain Hurts Foreign Income (Update1)
  MTN Group Ltd., Africa’s largest mobile-phone operator, said full-year profit fell after South Africa’s rand gained, reducing income it earns from abroad when converted back into the local currency. […]
• Telstra’s ‘Too Cheap to Ignore’ Shares Rise in Sydney (Update2)
  Telstra Corp., Australia’s largest phone company, rose for a second day in Sydney trading extending gains in the period to the most in nine months after Morgan Stanley analysts said the stock was “too cheap to ignore.” […]
• Did J&J Plan to Break Rules?
  Its aggressive marketing campaign for Risperdal has caused an explosion of litigation […]
• CA Agrees to Buy Nimsoft for $350 Million in Cash (Update3)
  CA Inc., the second-largest maker of software for mainframe computers, agreed to buy closely held Nimsoft Inc. for about $350 million to expand in cloud computing. […]
• America Movil Plans to Pay Dividend, Buy Back Shares (Update2)
  America Movil SAB plans to pay a one-time dividend and buy back more of its stock, rewarding investors as the Latin American wireless carrier pursues the region’s largest acquisition this year. […]