Interactions Corporation raises $9.5M after buying AT&T’s Watson speech tech


Top marketing execs: Join us June 1-2 in Boston for GrowthBeat Summit. Sign up today as space is limited and we're limiting attendance to CMOs and top marketing execs. Request your personal invitation here. Customer support company Interactions has secured at least $ 9.5 million in additional capital. Interactions most recently made headlines after trading equity for AT&T’s “Watson” speech recognition platform. As we said in November, AT&T’s Watson has absolutely Read more [...]

Fear of failure and lack of speed in a large corporation


GUEST:I just spent a day working with Bob, the Chief Innovation Officer of a very smart large company I’ll call Acme Widgets. Bob summarized Acme’s impediments to innovation. “At our company we have a culture that fears failure. A failed project is considered a negative to a corporate career. As a result, few people want to start a project that might not succeed. And worse, even if someone does manage to start something new, our management structure has so many financial, legal and HR hurdles Read more [...]

Trek Bicycle Corporation Breaking from the Pack with Power BI


Trek Bicycle Corporation is no stranger to the power of technology. As a global company leading the charge in building the best bikes in the world, they’ve consistently leveraged Cloud computing and the full range of Microsoft solutions, including Office 365, Microsoft Azure, SharePoint, Yammer and Dynamics CRM Online, to hone in on the intricacies of their business and solidify growth year after year. When Trek had the opportunity to add Power BI to their toolbox, it was a no-brainer. The first Read more [...]

Sears Holdings Corporation Announces Intent to Conduct Rights Offering of Sears Canada Shares


Oct 2, 2014 HOFFMAN ESTATES, Ill., Oct. 2, 2014 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," or the "Company") (NASDAQ: SHLD) today announced that the Company's board of directors has approved a rights offering of up to 40,000,000 common shares of Sears Canada Inc. ("Sears Canada") (TSX: SCC). ESL Partners, L.P. and Edward S. Lampert, Chairman and Chief Executive Officer of Holdings and Chairman and Chief Executive Officer of ESL Investments, Inc., have advised Holdings that they intend Read more [...]

Sears Holdings Corporation Announces Filing Of Preliminary Short Form Prospectus And Form F-10 Registration Statement For Rights Offering


Oct 7, 2014 HOFFMAN ESTATES, Ill., Oct. 7, 2014 /PRNewswire/ -- Sears Holdings Corporation  ("Sears Holdings" or the "Company") (NASDAQ:  SHLD) today announced that a preliminary short form prospectus has been filed in Canada with the Ontario Securities Commission (the "OSC") and a Registration Statement on Form F-10 has been filed in the United States with the Securities and Exchange Commission (the "SEC") relating to the previously announced rights offering of up to 40,000,000 common shares Read more [...]

Sears Holdings Corporation Provides Update on actions to generate liquidity, fund its transformation and evolve its capital structure


Oct 2, 2014 HOFFMAN ESTATES, Ill., Oct. 2, 2014 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," or the "Company") (NASDAQ: SHLD) today announced that the Company expects to generate up to U.S.$ 380 million in proceeds from its interest in Sears Canada Inc. ("Sears Canada") by early November 2014, assuming the completion of its previously announced rights offering of Sears Canada shares to the Company's stockholders and the exercise of all such rights. Of this amount, the Company expects Read more [...]

Exxon Mobil Corporation Declares Third Quarter Dividend


Dateline City: IRVING, Texas IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 69 cents per share on the Common Stock, payable on September 10, 2014 to shareholders of record of Common Stock at the close of business on August 13, 2014. This third quarter dividend is at the same level as the dividend paid in Read more [...]