Business News

billgates-113015.jpgMicrosoft Corp. co-founder Bill Gates has teamed up with other technology and corporate leaders to launch the Breakthrough Energy Coalition as part of their efforts to accelerate progress on clean energy. The announcement came just as the United Nations' conference on climate change started in Paris on Sunday.

Bristol-Myers : FDA Okays Blood-Cancer Drug Empliciti

Bristol-Myers Squibb Co. (BMY) and AbbVie (ABBV) announced the U.S. Food and Drug Administration has approved Empliciti or elotuzumab for the treatment of multiple myeloma as combination therapy with Revlimid or lenalidomide and dexamethasone (ERd) in patients who have received one to three prior therapies. The...

Thor Industries Q1 Profit Rises

Thor Industries Inc. (THO) Monday reported first-quarter net income of $50.5 million or $0.96 per share, up from $38.9 million or $0.73 per share last year. Net sales for the quarter increased to $1.03 billion from $922.0 million last year. Analysts polled by Thomson Reuters expected the company...

India Manufacturing Growth At 25-Month Low

India's manufacturing activity expanded at the weakest pace in twenty five months in November, as output and new orders grew at slower rates, survey data from Markit Economics showed Tuesday. The Nikkei Manufacturing Purchasing Managers' Index dropped to 50.3 in November from 50.7 in October. However,...

CSRA Completes Separation From CSC; Board Approves $400 Mln Share Buyback

CSRA Inc. (CSRA), the U.S. public sector business of Computer Sciences Corp. (CSC), said it has completed the separation from CSC and is is now an independent public company trading on the New York Stock Exchange or NYSE under the ticker symbol "CSRA." Members of the CSC and CSRA leadership teams...

Thor Industries Inc. (THO) Is Rising On Better Than Expected Q1 Earnings

Thor Industries Inc. (THO) reported first quarter EPS of $0.96 after the close Monday, up from $0.73 a year ago. Analysts expected EPS of $0.83. The stock is now up 2.38 on 27K shares. Thor Industries posted modest gains in early trade Monday, before settling into a range. Shares finished up by 0.42...

Actions Semiconductor Q3 15 Earnings Conference Call At 8:00 AM ET

Actions Semiconductor Co. Ltd. (ACTS) will host a conference call at 8:00 AM ET on November 30, 2015, to discuss Q3 15 earnings results. To access the live webcast log on to www.actions-semi.com To listen to the call, dial 1-888-401-4668 or 1-719-457-2689. For a replay call, dial 1-888-203-1112...
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