Business News

eurostar-030415.jpgThe British government is selling off its entire 40 percent interest in channel-tunnel train operator Eurostar International Ltd. The move is part of the government's plan to raise 20 billion British pounds by 2020 through privatizations to reduce its public sector deficit. The government announced that it was inviting offers for the stake sale in October 2014.

American Eagle Q4 Profit Surges, Results Beat View; Issues Upbeat Outlook

Teen clothing retailer American Eagle Outfitters, Inc. on Wednesday reported a more than five-fold increase in profit for the fourth quarter from last year, reflecting higher revenues and margins amid reduced markdowns as well as improved merchandise. Both revenue and earnings per share beat analysts' estimates. Looking ahead, the company forecast earnings for the first quarter above Street view.

U.S. Service Sector Index Unexpectedly Inches Higher In February

Activity in the U.S. service sector unexpectedly grew at a slightly faster rate in the month of February, according to a report released by the Institute for Supply Management on Wednesday.

Bank Of Canada Maintains Overnight Rate Target At 0.75%

ISM U.S. Non-Manufacturing Index Ticks Up To 56.9 In February


Baxter International Acquires SuppreMol For About $225 Mln - Quick Facts

Baxter International Inc.'s (BAX) Baxter BioScience has acquired SuppreMol GmbH for EUR 200 million, or about $225 million before working capital and other adjustments, the two companies said Wednesday. SuppreMol is a privately-held biopharmaceutical company based in Martinsried, Germany developing...

Alorica Completes Acquisition Of West Corporation’s Agent Services Businesses

Brocade Completes Acquisition Of Assets Of SteelApp Business Unit From Riverbed Technology


Veeva Systems Inc. (VEEV) Is Sinking After Acquisition & Q4 Report

Veeva Systems Inc. (VEEV) announced after the close Tuesday that it plans to acquire the key opinion leader business and products known as Qforma CrowdLink for an undisclosed amount. The company also reported fourth quarter non-GAAP EPS of $0.12, compared to $0.07 in the prior year period. Veeva...

Refresco Gerber Opts For IPO In Amsterdam

European soft drinks and fruit juices bottler Refresco Gerber is pursuing initial public offering in Amsterdam to support its future growth. The firm which has been owned by private equity plans to list on Euronext.

C.R. Bard To Present At Raymond James Conference; Webcast At 11:00 AM ET

C.R. Bard Inc. (BCR) will present at the Raymond James Institutional Investors Conference in Orlando, Florida. The event is scheduled to begin at 11:00 AM ET on March 4, 2015. To access the live webcast, log on to http://investorrelations.crbard.com
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Economic Calendar
03/04/15 10:0Interest Rate Decision- Canada
03/04/15 10:0ISM Non-Manufacturing SurveyFEB United States
03/04/15 10:0ISM Non-Manufacturing Prices IndexFEB United States
03/04/15 10:0ISM Non-Manufacturing New Orders IndexFEB United States
03/04/15 9:45PMI ServicesFEB F United States
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