Business News

gm-100114-lg.jpgAutomakers General Motors and Chrysler reported a double-digit growth in September U.S. sales, led by demand for pickup trucks and sports utilities, while Ford saw a 3 percent drop in volumes. GM also outlined strategic plans to achieve 9 to 10 percent margins on an EBIT-adjusted basis by early next decade...

Esperion Reveals Positive Top-line Phase 2b Results For ETC-1002 - Quick Facts

Esperion Therapeutics Inc (ESPR), Wednesday announced positive top-line results from ETC-1002-008, a Phase 2b study evaluating the efficacy and safety of ETC-1002 monotherapy compared with ezetimibe monotherapy in patients with hypercholesterolemia, with or without statin intolerance. Top-line results...

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NYT To Cut Jobs - Update

New York Times Co (NYT) said Wednesday it will cut jobs as part of efforts to reduce costs and will focus on enhancing its digital presence amid faltering print ad sales. NYT said the job cuts will span all of its operations and that further details will emerge in the future. Meanwhile, a report by...

Japan Monetary Base Climbs 35.3% In September

The monetary base in Japan surged 35.3 percent on year to 245.816 trillion yen in September, the Bank of Japan said on Thursday, after soaring 40.5 percent in August. Banknotes in circulation added 3.5 percent on year, while coins in circulation collected an annual 0.9 percent - both unchanged from...

Japan Monetary Base +35.3% On Year In September


Proxy Firm ISS Urges Allergan For Shareholder Vote

Investor shareholder advisory firm ISS Wednesday urged botox maker Allergan Inc. (AGN) to put for shareholder vote any deal that might halt the takeover attempt by Canada-based Valeant Pharmaceuticals Inc. (VRX, VRX.TO). Proxy advisory firm Institutional Shareholder Services said Allergan's board...

Escalade Sells Information Security Business

CBS Outdoor Closes Acquisition Of Outdoor Assets From Van Wagner Communications

Washington REIT Acquires Spring Valley Retail Center In Washington, DC


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...

Wayfair Prices IPO Above Range - Quick Facts

Online home-furnishing retailer Wayfair Inc on Wednesday priced its initial public offering of 11 million Class A common shares at $29 a share, above its expected range of $25 to $28 a share. In addition, the underwriters have been granted a 30-day option to purchase an additional 1.65 million shares. The...

Integral Technologies Q4 14 Earnings Conference Call At 4:30 PM ET

Integral Technologies Inc (ITKG.OB) will host a conference call at 4:30 PM ET on October 1, 2014, to discuss its Q4 14 earnings result. To access the live webcast, log on at To participate in the call, dial 877-407-8914 (US) or 201-493-6795 (International).