Business News

Tesco-082914-lg.jpgShares of Tesco Plc. declined around 9 percent in early morning trading on the London stock exchange after the British supermarket chain warned Friday of lower trading profit for its first half and full-year 2015, citing ongoing challenging trading conditions as well as its continuing investment in customer offer. The company also reduced its interim dividend by 75 percent.

FDA Grants Fast Track Designation To Pfizer's Clostridium Difficile Vaccine

Pfizer Inc. (PFE) Thursday said the U.S. Food and Drug Administration or FDA has granted Fast Track designation to the company's investigational Clostridium difficile vaccine candidate. The candidate is currently in its Phase 2 stage of clinical development and is designed to prevent C. difficile-associated...

Latest News

Valiant Investments 6-month Loss Per Share GBP 0.01 Vs. Loss GBP 0.06 Last Year



Big Lots Q2 Net Profit Rises, Lifts FY14 Earnings View

Broadline closeout retailer Big Lots, Inc. reported Friday higher net profit in its second quarter with increased net sales and comparable store sales, despite weak margins. Further, the company lifted the lower end of its earnings forecast for fiscal 2014, and backed comps growth view.

Brazil Q2 GDP Down 0.6% On Quarter, Consensus -0.4%

India Apr-Jun GDP Up 5.7% On Year, Consensus 5.5%


Canadian Energy Services & Technology Corp. Announces Acquisition Of Southwest Treating Products

Cambium Global Timberland Announces Disposal Of Property At Tarrangower, Australia

SABSA Holdings Completes Disposal Of Tsogo Sun Holdings

Entertainment One Completes Acquisition Of Force Four Productions


Abercrombie & Fitch (ANF) Pulled Back After Q2 Revenues Disappointed

Abercrombie & Fitch (ANF) reported second quarter adjusted EPS of $0.19 Thursday morning, up from $0.16 last year. Net sales declined to $890.61 million from $945.7 million in the prior year. Analysts expected EPS of $0.11 and revenues of $909.22 million. Full year EPS is expected to be between $2.15...

China Cord Blood Q1 15 Earnings Conference Call At 8:00 AM ET

China Cord Blood Corporation (CO) will host a conference call at 8:00 AM ET on August 29, 2014, to discuss its Q1 15 earnings result. To access the live webcast, log on at To participate in the call, dial 1-855-298-3404 (US) with access code: 1856118.