Business News

Amex-041614-lg.jpgAmerican Express Co. (AXP) Wednesday reported a 12 percent increase in profit for the first quarter, driven largely by higher card spending by its affluent customers despite a very harsh winter. Earnings for the quarter trumped Wall Street expectations, while revenues fell short of estimates. New...

Baxter Int'l. Meets Primary Efficacy Endpoint In Phase 3 Study Of BAX 111

Baxter International Inc. (BAX) reported topline results from a Phase 3 study, assessing the safety, efficacy and pharmacokinetics or PK of BAX 111, an investigational stand-alone recombinant treatment for von Willebrand Disease. The study of BAX 111, the first recombinant treatment in clinical development...

MasterCard To Buy Pinpoint

MasterCard Inc. (MA) said Wednesday that it has entered into an agreement to buy Pinpoint Pty. Ltd., a provider of loyalty and rewards services to financial institutions across the Asia Pacific region. Financial terms of the deal were not disclosed. Pinpoint, which was founded in 1984 and headquartered...

MasterCard To Acquire Pinpoint

Kaizen To Acquire West Cirque In An All-share Transaction

ALJ Regional Holdings Completes Acquisition Of Las Vegas Based Carpets N' More


After-market Movers For April 16 (GOOGL, IBM, SNDK, PLXS, REGI)

Gainers: SanDisk Corp. (SNDK) gained over 6 percent to $80.80. The company's first quarter profit surged from the year-ago quarter and its adjusted earnings per share topped Wall Street view. Revenues increased 13 percent and also came above the consensus estimate. Plexus Corp. (PLXS) rose 9 percent...

Sabre Prices IPO Below Range

Sabre Corp. said Wednesday that it has priced its initial public offering of 39.2 million shares of common stock at $16 per share, which is below the previously estimated price range of $18.00 to $20.00 per share. In addition, the underwriters of the offering have a 30-day option to purchase up to...

Kansas City Southern Q1 14 Earnings Conference Call At 4:30 PM ET

Kansas City Southern (KSU) will host a conference call at 4:30 PM ET on April 16, 2014, to discuss Q1 14 earnings results. To access the live webcast log on to To listen to the live call, dial (877) 407-0782 (U.S. & Canada), or (201) 689-8567 (International). For a replay...