Business News

hyperloop-022715.jpgHyperloop Transportation Technologies, a start-up that has adopted Elon Musk's ambitious project of high-speed transportation system, plans to build a Hyperloop test track in California and completed as early as 2016. Hyperloop Test Technologies, a crowd-funded company, plans to take Musk's dream...

Actavis: FDA OKs LILETTA To Prevent Pregnancy For Up To 3 Years - Quick Facts

Actavis plc (ACT), a global specialty pharmaceutical company, and Medicines360, a nonprofit women's health pharmaceutical company, today announced the approval of LILETTA by the U.S. Food and Drug Administration or FDA for use by women to prevent pregnancy for up to three years. LILETTA is placed in...

Berkshire Q4 Profit Down, But Operating Earnings Rise

Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK-A, BRK-B) reported that its fourth-quarter 2014 net earnings decreased 17 percent as Investment gains declined, but operating earnings increased. Net earnings attributable to shareholders for the quarter declined to $4.16 billion, or $2,529...

Fed's Dudley More Cautious On Rate Hikes

William C. Dudley, New York Federal Reserve President today urged caution on raising interest rates, citing uncertainty about the sustainability of the U.S. economic recovery. "I do think that the real potential GDP growth rate will be lower over the medium term, held down by much slower growth of...

Intrexon To Buy Canadian Agriculture Biotechnology Company

Intrexon Corp (XON), a company focused on synthetic biology, on Friday said it agreed to buy Canada-based Okanagan Specialty Fruits. Intrexon said that pursuant to the definitive agreement, Okanagan's stockholders will receive $31 million in Intrexon common stock and $10 million in upfront cash....

Intrexon To Acquire Okanagan Specialty Fruits

Valero Energy Partners LP Announces Acquisition Of Certain Valero Terminaling Businesses For $671 Mln


Autodesk Inc. (ADSK) Has Climbed To A New High After Q4 Earnings Beat

Autodesk Inc. (ADSK) reported fourth quarter adjusted EPS of $0.25 after the close Thursday, down from $0.40 in the previous year. Analysts expected EPS of $0.24. The company expects to report first quarter adjusted EPS of $0.25 to $0.30 and between $1.05 and $1.20 for the full year. The consensus estimates...

LTC Properties Q4 14 Earnings Conference Call At 11:00 AM ET

LTC Properties. (LTC) will host a conference call at 11:00 AM ET on Feb. 27, 2015, to discuss its Q4 14 earnings results. To access the live webcast, log on at www.LTCreit.com To hear the live call, dial 877-510-2862 (Domestic) or 412-902-4134 (International). A replay of the call can be heard...
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