Business News


Adidas-100114-lg.jpgGerman sports goods giant Adidas AG (ADDYY.PK, ADDDF.PK) Wednesday said it decided to return up to 1.5 billion euros to its shareholders over the next three years, primarily in the form of share repurchase. The company intends to start buying back shares in the fourth quarter. The stock added over 4 percent in early morning trading.
More

Portola Pharma: Phase 3 ANNEXA-A Study Of Andexanet Alfa, Eliquis Met Endpoints



Portola Pharmaceuticals (PTLA) reported that its first Phase 3 study of andexanet alfa, a potential universal Factor Xa inhibitor antidote and U.S. Food and Drug Administration-designated breakthrough therapy, achieved its primary and secondary endpoints with high statistical significance. Andexanet...
More

Latest News

Bayer CropScience To Acquire The Seed Business Of Granar S.A.

GM September Total Deliveries Up 19%

More

AcuityBrands-100114.jpg

Acuity Brands Q4 Profit Up 22%, Results Beat View


Lighting fixtures maker Acuity Brands, Inc. on Wednesday reported a 22 percent increase in profit for the fourth quarter from last year, reflecting double-digit sales growth. Both earnings per share and quarterly revenues beat analysts' expectations.
More
ConstructionSpending-100114.jpg

U.S. Construction Spending Unexpectedly Drops 0.8% In August


With spending on private and public construction both showing notable decreases, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. construction spending in the month of August.
More

Builders FirstSource Completes Acquisition Of Trim Tech Of Austin


J2 Global Acquires Excel Micro

Progress Acquires BravePoint

More

National Oilwell Varco (NOV) Dropped Sharply After Share Repurchase


National Oilwell Varco (NOV) announced around mid-afternoon Tuesday that its Board of Directors has authorized a share repurchase program to purchase up to $3 billion of the company's outstanding common stock. National Oilwell Varco sold-off sharply after the announcement and finished with a loss...
More

Vivint Solar Prices IPO At Low End Of Range


Vivint Solar said Tuesday that it has priced its initial public offering of 20.6 million shares of common stock at a price to the public of $16 per share, which is the low end of the previously estimated price range of $16 to $18 per share. In addition, a selling stockholder affiliated with The...
More

Hovnanian Enterprises To Present At Deutsche Bank Conference; Webcast At 1:05 PM


Hovnanian Enterprises Inc. (HOV) will present at the Deutsche Bank 22nd Annual Leveraged Finance Conference. The event is scheduled to begin at 1:05 PM ET on October 1, 2014. To access the live webcast, log on at http://www.khov.com
More