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BiogenIdec-042314-lg.jpg Biotechnology company Biogen Idec, Inc. Wednesday reported 12 percent increase in the first-quarter profit, reflecting 51 percent growth in revenues, driven mainly by strong sales of multiple sclerosis or MS drug Tecfidera. Adjusted earnings missed analysts' estimates, while sales topped view. Further, the company lifted its fiscal 2014 forecast.

Baxter Says FDA OKs ADVATE With BAXJECT III Reconstitution System - Quick Facts

Baxter International Inc. (BAX) said the U.S. Food and Drug Administration or FDA has approved a new reconstitution system for Antihemophilic Factor [Recombinant] or ADVATE. ADVATE and the diluent come pre-packaged in the new BAXJECT III reconstitution system. "ADVATE has the widest range of dosage...

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Ingersoll-Rand Q1 Profit Down 10%, But Affirms 2014 Outlook

Diversified industrial company Ingersoll-Rand Plc (IR) on Wednesday reported a 10 percent decline in profit for the first quarter from last year, as higher revenues and margins were more than offset by an increase in provision for income taxes. Looking ahead, the company forecast earnings for the...

U.S. New Home Sales Unexpectedly Show Steep Drop In March

New home sales in the U.S. unexpectedly showed a substantial decrease in the month of March, according to a report released by the Commerce Department on Wednesday, with sales falling to their lowest level in eight months. The report said new home sales plunged 14.5 percent to an annual rate of 384,000 in March from the revised February rate of 449,000.

U.S. New Home Sales Tumble 14.5% In March


Rexford Industrial Acquires Two Industrial Properties For Aggregate Purchase Price Of $24.9 Mln

Goldcorp's Final Offer For Osisko Expires

Ludwig Enterprises And Floss Publishing Merge

Vega Acquires Sheslay Valley Property, Northwestern British Columbia


FMC Technologies Inc. (FTI) Is Challenging The Highs After Q1 Report

FMC Technologies Inc. (FTI) reported first quarter EPS of $0.57 after the close Tuesday, compared to $0.43 a year ago. Analysts expected EPS of $0.50. Full year 2014 EPS is expected to be between $2.55 and $2.75. The consensus estimate is for EPS of $2.65. FMC Technologies gapped open sharply higher...

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...

Meritage Corp. Q1 14 Earnings Conference Call At 10:30 AM ET

Meritage Homes Corporation (MTH) will host a conference call at 10:30 AM ET on April 23, 2014, to discuss its Q1 14 earnings results. To access the live webcast, log on at To hear the live call, dial 888-317-6016 (US) or 1-412-317-6016 (International). A replay...