Business News

fortune-030515.jpgFortune has once again named Google Inc. (GOOG, GOOGL) as the best company to work for, with Twitter Inc. (TWTR) also joining the annual list for the first time. This is for the sixth time and for the fourth consecutive time that Google has ranked No.1 in the Fortune's annual list of "100 Best Companies...

GALE On The Radar, CALA Surges After-Hours, Capricor Uplisted, CPRX On A High

Shares of Calithera Biosciences Inc. (CALA) were up nearly 39% in extended trading after the company gained exclusive, worldwide license to TransTech Pharma's portfolio of hexokinase II inhibitors.

Finisar Q3 Profit Plunges, But Adj Profit Tops View

Telecommunications equipment make Finisar Corp (FNSR) reported Thursday a profit for the third quarter that plunged from last year, despite revenue growth, reflecting significantly lower operating margins. Adjusted earnings per share matched analysts' expectations, while quarterly revenues topped...

Japan's Official Reserves Fall In February

Japan's official reserve assets dropped over the previous month in February, a report published by the Ministry of Finance revealed Friday. Total reserve assets decreased by $9.991 million month-on-month to $1,251.112 billion in February. The report said that foreign currency reserves totaled around...

Australia Performance Of Construction Index 43.9 In February - AiG


Harris Sweetened Initial $22/share All-Cash Offer For Exelis Thrice: Filing

Telecommunications equipment maker Harris Corp. (HRS) is currently in the process of completing its acquisition of smaller rival Exelis, Inc. (XLS). The companies are said to have submitted documents to the DoJ and FTC on February 24 as well as the FCC on the next day to secure antitrust clearance for...

ZTE Signs Deal With Algeria Telecom To Build LTE Phase II Project

Intersections Announces Acquisition Of Health At Work Actuaries


After-market Movers For Mar. 5 (FNSR, YY, COO, TFM, THO, DMND, GPS)

Shares of Finisar Corp (FNSR) surged more than 5% in after hours trading after the telecommunications equipment maker gave an upbeat outlook for the current quarter. YY Inc. (YY) shares jumped more than 5% in extended hours trading after the Chinese online social platform operator reported better-than-expected...

HKBN IPO Raises $750 Million

HKBN Ltd. has reportedly raised about $750 million after the broadband service provider priced its initial public offering at the top end of the price range. Private-equity group CVC Capital Partners, an unit of Carlyle Group L.P. (CG), Singapore's sovereign-wealth fund GIC Ltd., and other shareholders...

Marriott IInternational To Present At J.P. Morgan Forum; Webcast At 4:30 PM ET

Marriott International Inc. (MAR) will present at the 2015 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum. The event is scheduled to begin at 4:30 PM ET on March 05, 2015. To access the live webcast, log on at http://www.marriott.com/investor
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Economic Calendar
03/05/15 18:50Official Foreign ReservesFEB Japan
03/05/15 17:30AiG Performance of Construction IndexFEB Australia
03/05/15 10:30EIA Natural Gas Inventory (Cubic Feet)FEB 27 United States
03/05/15 10:0Ivey Purchasing Managers IndexFEB Canada
03/05/15 10:0Factory Orders (M-o-M)JAN United States
03/05/15 10:0Factory Orders Ex. Defense (M-o-M)JAN United States
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