Business News

comcast-012915.jpgComcast Corp found itself in an unsavory situation after a customer's name on a bill was changed from Ricardo to 'A**hole', ostensibly by a disgruntled employee who tried to get the customer to retain her current cable service and sign a two-year contract.

Making Peace With Rivals For A Slice Of BRCA...

Myriad Genetics Inc. has been making peace with some of its rival genetic-testing companies, against whom it had filed patent lawsuits concerning two human genes - BRCA1 and BRCA2. It looks like Myriad has finally realized it can't defend the indefensible after a U.S. appeals court, in December 2014, ruled that it cannot block competitors from offering BRCA gene tests.

Alibaba Profit Tops Estimate, Sales Misses; Stock Tanks

Chinese e-commerce giant Alibaba reported a 28 percent drop in third-quarter profit, hurt by stock-based compensation expense and other costs. Meanwhile revenues surged 40 percent, driven by growth in China commerce retail business, though not at the rate analysts expected, even as its active user base ballooned. Alibaba shares dropped 9% on the NYSE.

Report: Yellen More Concerned About Europe Than Fed Statement Let On

Federal Reserve Chairman Janet Yellen is concerned about the economic situation in Europe but feels the U.S. economy is "strong," according to a Bloomberg report quoting Sen. Tim Kaine of Virginia and Sen. Joe Manchin from West Virginia. The remarks came after a policy lunch with Yellen. The Fed...

U.S. Pending Home Sales Tumble 3.7% In December


Select Income REIT Completes Acquisition Of Cole Corporate Income Trust

Apco Oil And Gas Completes Merger With Pluspetrol Black River Corp.

3TL Technologies Corp. To Acquire RewardStream


Cimpress N.V. (CMPR) Has Jumped To A New High On Q2 Results

Cimpress N.V. (CMPR) reported second quarter non-GAAP adjusted EPS of $2.12 after the close Wednesday, up from $1.50 in the prior year period. Cimpress spiked sharply to the upside at the open Thursday and is now up 7.98 at $80.36 in early trade. The stock has broken out of nearly a 2-month trading...

Entellus Medical Prices IPO At $17 Per Share

Entellus Medical, Inc., a medical technology company, Wednesday announced the pricing of its initial public offering of 4.60 million shares of its common stock at an initial public offering price of $17.00 per share, before underwriting discounts and commissions. In addition, Entellus Medical has...

Microchip Technology Q3 15 Earnings Conference Call At 5:00 PM ET

Microchip Technology Inc. (MCHP) will host a conference call at 5:00 PM ET on January 29, 2015, to discuss its Q3 15 earnings result. To access the live webcast, log on at http://www.microchip.com/investorshome.aspx
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Economic Calendar
01/29/15 14:0Interest Rate Decision- Mexico
01/29/15 10:30EIA Natural Gas Inventory (Cubic Feet)JAN 23 United States
01/29/15 10:0Pending Home Sales (M-o-M)DEC United States
01/29/15 10:0Pending Home Sales (Y-o-Y)DEC United States
01/29/15 8:30Continuing ClaimsJAN 17 United States
01/29/15 8:30Continuing Claims - 4 Wk AverageJAN 17 United States
More Economic Calendar Data