Business News


Zillow-Trulia-072814-lg.jpgReal estate information website Zillow, Inc. agreed Monday to acquire smaller rival Trulia, Inc. in a stock-for-stock deal valued at about $3.5 billion. The deal, approved by the boards of directors of both companies, is expected to close in 2015. Following the closure of the deal, Zillow shareholders will own 67 percent of the combined company, while Trulia shareholders will own 33 percent.
More

Celsion Reports Updated Survival Data In ThermoDox Study Of Liver Cancer



Celsion Corp. (CLSN) Monday announced its latest updated results from its retrospective analysis of 701-patient -HEAT Study of ThermoDox in combination with radiofrequency ablation or RFA in primary liver cancer or hepatocellular carcinoma. The latest quarterly Overall Survival or OS analysis showed...
More

Latest News
More

Armstrong World Profit Declines, Cuts FY Guidance; Stock Down - Update


Armstrong World Industries Inc (AWI), the flooring products and ceiling systems maker, Monday reported a decline in second-quarter profit, hurt by lumber costs, severance charges and soft volumes in Europe and the Americas, offsetting a small climb in sales. Both earnings and revenue for the quarter...
More
pendingHomeSales-072814.jpg

U.S. Pending Home Sales Unexpectedly Pull Back 1.1% In June


After reporting a sharp jump in U.S. pending home sales in the previous month, the National Association of Realtors released a report on Monday showing that pending home sales unexpectedly saw a notable pullback in the month of June.

U.S. Pending Home Sales Drop 1.1% In June

More

Duke Energy To Buy Some NCEMPA Generation Assets For $1.2 Bln


Electric utility Duke Energy Corp. (DUK) said Monday that it has agreed to purchase certain generating assets from the North Carolina Eastern Municipal Power Agency or NCEMPA for $1.2 billion. NCEMPA consists of 32 cities and towns in eastern North Carolina. The power agency's participants own and...

PREI® Joint Venture Sells German Residential Portfolio

More

Armstrong World Industries (AWI) Is Down After Q2 Profit Disappoints


Armstrong World Industries (AWI) reported second quarter adjusted EPS of $0.60 Monday morning, which was flat with the prior year result. The consensus estimate was for EPS of $0.66. For the full year, the company lowered its outlook for adjusted EPS to between $2.15 and $2.40. Analysts are expecting...
More

Virgin America Files For U.S. IPO


Low-cost airline Virgin America Inc. said Monday that it has filed a registration for an initial public offering with the U.S. Securities and Exchange Commission. The company has not yet determined the number of shares to be offered or the price range for the IPO. However, California-based Virgin...
More

Mercury General Q2 Earnings Conference Call At 1:00 PM ET


Mercury General Corp. (MCY) will host a conference call at 1:00 PM ET on July 28, 2014, to discuss its Q2 earnings results. To access the live webcast, log on at http://www.mercuryinsurance.com To hear the live call, dial (877) 807-1888 (USA) or (706) 679-3827 (Intl). A replay of the call can...
More