Business News

BankOfAmerica-082114-lg.jpgBank of America Corp. said Thursday that it has agreed to pay $16.65 billion to settle probes by the Justice Department and several states into the company's sale of mortgage-backed bonds in the run-up to the 2008 financial crisis. The settlement amount is the largest ever reached by the U.S. government with a single company and surpasses the $13 billion paid by JPMorgan Chase & Co. in 2013.

FDA Approves Eliquis For Treatment Of Deep Vein Thrombosis, Pulmonary Embolism

Bristol-Myers Squibb Co. (BMY) and Pfizer Inc. (PFE) said Thursday that the U.S. Food and Drug Administration has approved a Supplemental New Drug Application for Eliquis for the treatment of deep vein thrombosis and pulmonary embolism, and for the reduction in the risk of recurrent DVT and PE following...

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Lloyds Banking Names Alan Dickinson Independent Non-executive Director


Lancaster Colony Profit Misses Estimate - Update

Specialty food products maker Lancaster Colony Corp. (LANC), Thursday reported a decline in fourth-quarter profit, hurt mainly by operating expenses, even as sales climbed 6 percent. Earnings for the quarter missed Wall Street estimates, while sales surpassed expectations. Following the results,...

U.S. Leading Economic Index Rises 0.9% In July, More Than Expected

Suggesting that the economy is gaining traction, the Conference Board released a report on Thursday showing a bigger than expected increase by its index of leading U.S. economic indicators in July.

Dollar General Still Committed To Acquire Family Dollar

Recasts earlier headline: Discount retailer Dollar General Corp (DG) Thursday affirmed its commitment to acquire Family Dollar Stores Inc (FDO), which earlier today rejected Dollar General's takeover bid on antitrust concerns. "We are disappointed that the Family Dollar Board of Directors has...

Cirrus Logic Completes Acquisition Of Wolfson Microelectronics

Trimble Acquires Load Systems International To Integrate Crane Safety And Accuracy Into Construction Processes


EBay Inc. (EBAY) Is Picking Up Volume As It Climbs

eBay Inc. (EBAY) has been gaining ground since the open of trade Thursday and has spiked sharply higher in the last few minutes on increased volume. The stock is now up 1.03 at $54.43. eBay has climbed above a 2-week trading range and has set nearly a 4-month high.

Wayfair To Raise $350 Mln In IPO

Wayfair, the online home-furnishing retailer Friday filed Form S-1 in the United States Securities And Exchange Commission to raise $350 million in an initial public offering of Class A common stock. The Boston Based company intends to list shares on the New York Stock Exchange under the symbol "W"....

Avino Silver & Gold Mines Q2 14 Earnings Conference Call At 1:00 PM ET

Avino Silver & Gold Mines Ltd. (ASM.V) will host a conference call at 1:00 PM ET on August 21, 2014, to discuss Q2 14 earnings results. To listen to the call, dial 1-800-319-4610 (US) or 1-604-638-5340 (International).