Business News

Amex-041614-lg.jpgAmerican Express Co. (AXP) Wednesday reported a 12 percent increase in profit for the first quarter, driven largely by higher card spending by its affluent customers despite a very harsh winter. Earnings for the quarter trumped Wall Street expectations, while revenues fell short of estimates. New...

Baxter Int'l. Meets Primary Efficacy Endpoint In Phase 3 Study Of BAX 111

Baxter International Inc. (BAX) reported topline results from a Phase 3 study, assessing the safety, efficacy and pharmacokinetics or PK of BAX 111, an investigational stand-alone recombinant treatment for von Willebrand Disease. The study of BAX 111, the first recombinant treatment in clinical development...

ALJ Regional Holdings Completes Acquisition Of Las Vegas Based Carpets N' More

GAIN Capital Completes Acquisitions Of GAA And Top Third; Names Glenn Swanson Head Of Its Futures Division

Global Eagle Entertainment Completes Acquisition Of All Remaining Shares Of Advanced Inflight Alliance

Sinclair Broadcast Group Engages Moelis To Sell Certain Stations Related To Allbritton Regulatory Approval


After-market Movers For April 16 (GOOGL, IBM, SNDK, PLXS, REGI)

Gainers: SanDisk Corp. (SNDK) gained over 6 percent to $80.80. The company's first quarter profit surged from the year-ago quarter and its adjusted earnings per share topped Wall Street view. Revenues increased 13 percent and also came above the consensus estimate. Plexus Corp. (PLXS) rose 9 percent...

Opus Bank Prices IPO At $30/shr, Below Estimated Range - Quick Facts

Opus Bank (OPB), a California-chartered regional commercial bank, announced that it has priced initial public offering of 5.13 common shares at $30.00 per share, below expected price range of $31.00 to $34.00 per share. The offering is expected to close on April 22, 2014. Opus Bank, which was founded...

Kansas City Southern Q1 14 Earnings Conference Call At 4:30 PM ET

Kansas City Southern (KSU) will host a conference call at 4:30 PM ET on April 16, 2014, to discuss Q1 14 earnings results. To access the live webcast log on to To listen to the live call, dial (877) 407-0782 (U.S. & Canada), or (201) 689-8567 (International). For a replay...