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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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Thermo Fisher Profit Rises; Lifts Outlook - Update

Laboratory equipment maker Thermo Fisher Scientific Inc (TMO), Wednesday reported a better-than-expected increase in first-quarter profit, helped by the acquisition of Life Technologies as well as modest growth at other segments. The company lifted its outlook for 2014, to reflect the timing of 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


Stantec Signs LOI To Buy JBR Environmental Consultants

Stantec Inc. (STN.TO, STN) said Wednesday that it has signed a letter of intent to buy JBR Environmental Consultants. Based in Salt Lake City, Utah, JBR is a 140-person full-service environmental consulting firm operating in 12 western US locations. The deal is expected to close in May.

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

Goldcorp's Final Offer For Osisko Expires


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...

Agenus Annual Shareholder Meeting ; Webcast At 5:00 PM ET

Agenus Inc.(AGEN) Annual Shareholder Meeting in Forbes Road, Lexington, MA 02421. The event is scheduled to begin at 5:00 PM ET April 23, 2014. To access the live webcast, log on at