Business News

paypal-070215.jpgPayPal has agreed to buy Xoom, a digital money transfer provider, for $890 million in cash. Following the announcement, Xoom shares jumped 22 percent in after-hours trade on the Nasdaq.

Teva Says TV-45070 Phase 2b Results Did Not Indicate Efficacy In Osteoarthritis

Teva Pharmaceutical Industries Ltd. (TEVA) and Xenon Pharmaceuticals Inc. (XENE) reported results from the double-blind, placebo-controlled Phase 2b study designed to evaluate the safety and efficacy of topically applied TV-45070 (4% and 8% w/w ointment) in patients with chronic pain due to osteoarthritis...

Family Dollar Profit Misses Estimate

Discount retailer Family Dollar Stores Inc., which is being acquired by rival Dollar Tree Inc., said Wednesday after the markets closed that its third quarter profit fell slightly from last year, due mainly to a higher effective tax rate. The company's quarterly earnings per share, excluding items, also came in below analysts' expectations.

Japan Monetary Base Spikes 34.2% In June

The monetary base in Japan surged 34.2 percent on year in June, the Bank of Japan said on Thursday - coming in at 325.047 trillion yen. That follows the 35.6 percent spike in May. Banknotes in circulation added an annual 4.7 percent, while coins in circulation gained 0.7 percent. Current account...

Amadeus To Buy Navitaire From Accenture For US$830 Mln

Amadeus, a Spanish IT Provider for the global travel and tourism industry, has agreed to buy Navitaire, a subsidiary of Accenture plc (ACN) that provides technology and business solutions to the airline industry, for US$830 million. Navitaire, which focuses on the low-cost and hybrid-carrier segments...

SINA Corp. (SINA) Is Gaining Ground After The Close

SINA Corp. (SINA) traded to the downside for the bulk of Wednesday's session and finished with a loss of 1.73 at $51.84. The stock has been pulling back from the highs of the year for the past 2 weeks and set nearly a 1-month low. SINA is now up 1.46 on 9K shares after the close Wednesday.

Natera Prices IPO At Top End Of Range

Natera Inc, which sells non-invasive prenatal disease screening tests, on Wednesday said it has priced its initial public offering of 10 million common shares at $18.00 each, which is at the top end of its estimated range of $17 to $18 apiece. In addition, Natera has granted the underwriters a 30-day...

Progress Software Q2 15 Earnings Conference Call At 5:00 PM ET

Progress Software Corp. (PRGS) will host a conference call at 5:00 PM ET on July 1, 2015, to discuss its Q2 15 earnings result. To access the live webcast, log on at https://www.progress.com/
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Economic Calendar
07/01/15 19:50Monetary Base (Y-o-Y)JUN Japan
07/01/15 19:50Japan Buying Foreign Stocks (Yen)JUN 21 - JUN 27 Japan
07/01/15 19:50Japan Buying Foreign Bonds (Yen)JUN 21 - JUN 27 Japan
07/01/15 19:50Foreigners Buying Japan Stocks (Yen)JUN 21 - JUN 27 Japan
07/01/15 19:50Foreigners Buying Japan Bonds (Yen)JUN 21 - JUN 27 Japan
07/01/15 19:0Current Account Balance - BoPMAY South Korea
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