Business News

facebook-042314-lg.jpgFacebook Inc. (FB) Wednesday reported a surge in profit for the first quarter, driven mainly by sharp growth in advertising revenues with both earnings and revenues trouncing Wall Street estimates. Shares of the social networking giant gained about four percent in after-hours trade, following the announcement...

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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General Electric Names John Brennan Independent Lead Director


Blackhawk Network Holdings Slips To Q1 Loss

Blackhawk Network Holdings Inc. (HAWK, HAWKB) Wednesday reported first-quarter net loss of $2.84 million or $0.06 per share, compared to net income of $346 thousand or $0.01 per share last year. Adjusted earnings for the quarter improved to $0.05 per share from $0.04 per share last year. On average,...

South Korea GDP Rises 0.9% In Q1

South Korea's gross domestic product was up 0.9 percent on quarter in the first quarter of 2014, the Bank of Korea said in Thursday's advance estimate. That beat forecasts for an increase of 0.8 percent, and it was unchanged from the previous quarter. Real gross domestic income increased by 0.7...

South Korea Q1 GDP +0.9% On Quarter, +3.9% On Year


Bloomberg: General Electric Eyes Alstom - Quick Facts

General Electric Co. (GE) is in discussions to purchase France' Alstom SA (AOMFF.PK, ALS.L), Bloomberg reported, citing people with knowledge of the matter. An agreement would be announced next week, the report added. General Electric may pay more than $13 billion for the Speed-train maker, the report...

ChinaEdu Corp. Announces Completion Of Merger

Reports: GE In Talks To Buy France's Alstom For About $13 Bln

Intralinks Holdings Acquires DocTrackr


After-market Movers For April 23 (AAPL, FB, TXN, ZNGA, QCOM, XLNX)

Gainers: Apple Inc. (AAPL) gained over 7 percent to $565.40. The company's second quarter results topped Wall Street view. iPhone unit sales were up 17 percent year-over-year. The company expects third quarter revenue in line with analysts' estimate. The company also announced that it has 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...

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