Business News

Microsoft-Surface3-062716-lg.jpgJust over a year in market and it is getting out from the stores - That's going to be the fate for Microsoft's affordable Windows tablet, the Surface 3. The firm reportedly has confirmed its plans to end the production of the Surface 3 by the end of December 2016, citing the limited inventory for the device.

Merck Gets CHMP Positive Opinion For KEYTRUDA For Advanced NSCLC

Merck & Co Inc. (MRK) announced Monday that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency or EMA has adopted a positive opinion recommending approval of KEYTRUDA (pembrolizumab), the company's anti-PD-1 therapy. The drug's positive opinion is for the treatment...

Finish Line Q1 Results Top View On Higher Comps; Backs FY17 Forecast

Finish Line, Inc. (FINL), a premium retailer of athletic shoes, apparel and accessories, reported Friday that its first-quarter net income attributable to the company declined to $9.63 million or $0.23 per share from last year's $13.79 million or $0.30 per share. On average, 22 analysts polled by...

Osborne Says Strong U.K. Economy Can Tackle 'Brexit'

The U.K. economy is strong enough to face the future but needs to adjust to the new situation, Chancellor of the Exchequer George Osborne said Monday in a bid to calm financial markets that have been roiled by the country's decision to leave the European Union in the June 23rd referendum.

FMC And Technip Announce Early Conclusion Of Antitrust Review - Quick Facts

FMC Technologies, Inc. (FTI) and Technip (TNHPF.PK, TKPPY.PK) announced that the pending merger transaction between the companies has received an early decision from the U.S. antitrust regulators under the HSR Act, concluding antitrust review of the transaction in the U.S. The companies said the...

Accenture (ACN) Dropped To A 3-Month Low Following Downgrade

Credit Suisse downgraded its rating on shares of Accenture (ACN) Friday morning to "Neutral" from "Outperform." Accenture gapped open sharply lower Friday and slipped further around mid-afternoon. The stock finished with a loss of 7.46 at $111.45 on one of its highest volume days of the year. Accenture...

Twilio Prices IPO At $15/shr, Above Estimated $12-$14/shr Range

Twilio Inc, cloud communications platform company, said it priced its public offering of 10 million shares of Class A common stock at $15.00 per share, above its previously indicated $12-$14 per share range. The San Francisco-based company noted that the shares will start trading Thursday, listed...
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06/27/16 9:0ExportsMAY P Mexico
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