Samsung Focuses on Alleged Apple Infringement, Defends Own Actions
SAN JOSE, Calif.--Samsung Electronics Co. (SSNHY, 005930.SE) defended against Apple Inc.'s (AAPL) arguments that it had copied the iPhone, while accusing Apple of violating three Samsung patents as the high-stakes patent trial between the companies continues its second phase.
Commonwealth Bank of Australia Fiscal Year Profit Up 11%
Commonwealth Bank of Australia (CBA.AU) on Wednesday reported net profit for fiscal 2012 of 7.09 billion Australian dollars (US$7.4 billion), up 11% on year, but said revenue growth was subdued as customers remained cautious about the global environment.
Buffett's Berkshire Cuts Stake in Kraft and P&G
Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB) partially liquidated massive holdings in Kraft Foods Inc. (KFT) and Procter & Gamble Co. (PG) in the second quarter, decisions that may indicate the transfer of more investment duties to the next generation of Berkshire stock pickers.