Business News

yum-042214-lg.jpgRestaurant operator Yum! Brands Inc. said Tuesday after the markets closed that its first quarter profit rose 18% from last year, helped by strong performance of its China division. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast.

Quidel Gets FDA Clearance For Its Lyra Molecular PCR Assay

Quidel Corp. (QDEL) said Tuesday that it has received clearance, via the De Novo Request process, from the United States Food and Drug Administration to market its Lyra Direct Strep Assay, a multiplex real-time PCR assay. The new molecular test detects and differentiates between pyogenic Group A...

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ARM Holdings Q1 Profit Rises - Quick Facts

ARM Holdings Plc (ARMH, ARM.L) Wednesday reported first-quarter profit before tax of 78.0 million pounds, higher than 67.1 million pounds in the previous year. On a per share basis, earnings were 4.4 pence, compared to 3.7 pence per share last year. Normalised earnings increased to 5.60 pence from...

Singapore March Inflation Rises More Than Forecast

Singapore's consumer price inflation rose more than expected in March from a 4-year low, data showed Wednesday. Inflation increased sharply to 1.2 percent in March from a 4-year low rate of 0.4 percent in February, figures from the Department of Statistics Singapore revealed. Economists had forecast...

Singapore Mar CPI Up 0.3% On Month

Singapore Mar CPI Up 1.2% On Year, Consensus 1.1%


Porta Communications Acquires 51% Of Issued Share Capital Of Redleaf Polhill

Development Securities Sells Portfolio Of Investment Assets For £21.0 Mln

McKay Securities Announces £19 Mln Acquisition Of The Mille, Brentford


After-market Movers For April 22 (T, AMGN, YUM, GILD, SWKS, SMCI, ILMN, SKX, CREE, ISRG)

Gainers: Yum! Brands, Inc. (YUM) rose 4 percent to $80.51. The company's first quarter earnings were higher than in the year-ago quarter and its adjusted earnings per share topped market view. Revenues increased 7 percent, but were below the consensus estimate. China Division system sales increased...

MCig's Subsidiary VitaCig Files For IPO - Quick Facts

mCig Inc. (MCIG.OB) announced that its wholly owned subsidiary VitaCig Inc. has filed a Form S-1 with the Securities and Exchange Commission or SEC for the registration of 250 million VitaCig shares that will be paid out to mCig shareholders as a dividend on the record date. The record date has now been...

Vascular Solutions Q1 14 Earnings Conference Call At 4:30 PM ET

Vascular Solutions Inc. (VASC) will host a conference call at 4:30 PM ET on April 22, 2014, to discuss Q1 14 earnings results. To access the live webcast log on to