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German drug maker Merck KGaA reported a slight decline in the fourth-quarter profit reflecting weak margins, even as sales were boosted by AZ acquisition and strong sales growth mainly in emerging markets. Merck further said it will propose to the Annual General Meeting a 5.3 percent increase in dividend to 1 euros per share. For fiscal 2015, Merck expects a slight increase in organic sales.


The Reserve Bank of Australia decided to leave its cash rate unchanged at its March meeting, belying expectations for a back-to-back rate cut. The monetary policy board maintained the cash rate at 2.25 percent after lowering it by 25 basis points last month. Some economists had expected the bank to lower rates further this month.


With little time to spare, the House voted late Friday to approve a one-week extension of funding for the Department of Homeland Security. The House voted 357 to 60 in favor of the bill, which passed just two hours before the DHS was due to run out of funding at midnight.


European stocks are seen opening flat to slightly higher on Tuesday ahead of the ECB meeting on Thursday and the all-important U.S. employment report due to be published on Friday. The decline in Eurozone consumer prices moderated in Europe last month...

Hilary-022615.jpg Further reinforcing Hillary Clinton's position as the frontrunner for the Democratic presidential nomination, the results of a Quinnipiac University poll show the former Secretary of State with a substantial lead in an early look at the Iowa caucuses.
capitol-022715.jpg With little time to spare, the House voted late Friday to approve a one-week extension of funding for the Department of Homeland Security. The House voted 357 to 60 in favor of the bill, which passed just two hours before the DHS was due to run out of funding at midnight.
A new migraine treatment that delivers painkillers via nasal spray is showing promise for migraine sufferers, according to a new study from researchers at the Albany Medical Center, in Albany, New York. The new treatment sends a dose of the anesthetic lidocaine (Xylocaine) directly to the nerves at the rear of the nasal cavity.
The Indian markets are likely to open little changed on Tuesday after recent sharp gains. The benchmark index BSE Sensex rose 0.3 percent to a two-week high on Monday and the Nifty climbed 0.6 percent on expectations that the government will not have large borrowing in the market this year, which in...
PayPal, the online payment unit of Ebay, said it has agreed to buy mobile payment company Paydiant as part of efforts to expand its mobile offerings for merchants. The deal comes at a time when the mobile payment space is suffused with prominent players like Apple and Google, with retailers seeking their own mobile payment applications.
Astronomers have discovered a gigantic black hole at the heart of an ultraluminous quasar in the distant universe. The newfound cosmic monster is said to be the largest and brightest ever black hole, which dates back to a little more than 6 percent of the universe's current age of 13.8 billion years. Quasars are the brightest objects in the universe that contain supermassive black holes.
The U.S. government is setting up a new central agency to deal with cybersecurity threats around the country, according to media reports. The Cyber Threat Intelligence Integration Center will be tasked with integrating intelligence from various agencies and distributing information more broadly to...
Celgene International Sàrl, a wholly owned subsidiary of Celgene Corp. (CELG), announced that the European Commission or EC has approved ABRAXANE (paclitaxel formulated as albumin-bound nanoparticles, or nab-paclitaxel) in combination with carboplatin... More
Russian President Vladimir Putin pledged to do everything to bring to justice those responsible for the death of Russian opposition leader Boris Nemtsov, who was gunned down on a bridge next to the Kremlin late on Friday. An opposition march which...
GalaxyS6-030215.jpg South Korean giant Samsung Electronics Co.'s launched its new flagship Galaxy S6 smartphone in two forms: regular and edge, which will sport a curved-edge display on both sides with a metal frame and glass body. Samsung unveiled the models in Barcelona on Sunday, ahead of the Mobile World Congress.
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Economic Calendar
03/03/15 2:0Retail Sales (M-o-M)JAN Germany
03/03/15 2:0Retail Sales (Y-o-Y)JAN Germany
03/03/15 1:45GDP (Q-o-Q)Q4 Switzerland
03/03/15 1:45GDP (Y-o-Y)Q4 Switzerland
03/03/15 1:0Retail Sales (M-o-M)JAN Estonia
03/03/15 1:0Retail Sales (Y-o-Y)JAN Estonia
Complete Economic Calendar
FDA Calendar
Event DateSymbolDrug NameEvent Name
05/27/2015SLXPXIFAXAN (sNDA)FDA decision on XIFAXAN he treatment of irritable bowel syndrome with diarrhea or IBS-D
05/27/2015SLXPXIFAXAN 550 mg tablets (sNDA)FDA decision on XIFAXAN for treatment of irritable bowel syndrome with diarrhea
05/13/2015KYTHATX-101 (NDA)FDA decision on ATX-101 for improvement in the appearance of moderate to severe submental fullness
04/30/2015THRXBREO ELLIPTA (sNDA)FDA decision on BREO ELLIPTA for the once-daily treatment for asthma in patients aged 12 years and older
04/30/2015VNLPY.PKTuzistra (NDA)FDA decision on Tuzistra for the treatment of cough and cold
Complete FDA Calendar