Business News

roundup-032715.jpgDr. Patrick Moore, a lobbyist for Monsanto Company (MOS), during an interview claimed that the chemical used in the company's weed killer "Roundup" was safe for humans to drink. However, Moore refused to drink it when the interviewer offered some. During an interview with French cable channel Canal+,...

MorphoSys And Celgene Agree To End MOR202 Collaboration

MorphoSys AG (MPSYY.PK) announced that it has regained rights to MOR202 from Celgene Corp. (CELG). The companies have mutually agreed to terminate their co-development and co-promotion agreement for MOR202. Clinical development of MOR202, which currently involves a MorphoSys-sponsored phase 1/2a trial...

Carnival Q1 Profit Beats View, Lowers 2015 Earnings Outlook

Cruise operator Carnival Corp. & plc on Friday reported a turnaround to profit in the first quarter, reflecting lower operating costs that more than offset a decline in revenue. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed their estimates. Looking ahead, the company forecast earnings for the second quarter below Street expectations.

U.S. Consumer Sentiment Falls Less Than Initially Estimated In March

Consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of March, according to a report released by the University of Michigan on Friday. The report showed that the final reading on the consumer sentiment index for March came in at 93.0.

Mexico Feb Trade Surplus USD 558.3 Mln, Consensus USD 362.5 Mln

Mexico Feb Jobless Rate 4.51% Vs. 4.46% In Jan, Consensus 4.40%


Alter NRG To Be Acquired By Harvest For C$147 Mln.

Clean energy solutions provider Alter NRG Corp (NRG.TO) on Friday said it has agreed to be acquired by Harvest International New Energy Inc for C$5.00 in cash per share, or about C$147 million. The Harvest offer represents a 159% premium to Alter NRG's closing price on the Toronto Stock Exchange...

Alter NRG Agrees To Be Acquired By Harvest International New Energy


Tesla Motors Inc. (TSLA) Is Adding To Recent Weakness

Tesla Motors Inc. (TSLA) gapped open slightly lower Friday and has been falling for the majority of early trade. The stock is now down 4.33 at $186.08. Tesla Motors has been losing ground for the past 2 sessions and is now testing support, trading at a 2 1/2 month low. Reports began to circulate late...

Sanne Group Announces Pricing Of IPO At 200p/shr - Quick Facts

Sanne Group plc., a provider of outsourced corporate and fund administration services to alternative asset managers, financial institutions and corporates, announced the successful pricing of its initial public offering and the placing of 70.78 million ordinary shares at 200 pence per ordinary share...

Carnival Q1 15 Earnings Conference Call At 10:00 AM ET

Carnival Corp. (CCL) will host a conference call at 10:00 AM ET on March 27, 2015, to discuss its Q1 15 earnings results. To access the live webcast, log on at www.carnivalcorp.com
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Economic Calendar
03/27/15 10:0Unemployment RateFEB Mexico
03/27/15 10:0Univ. of Mich. Consumer Confidence IndexMAR United States
03/27/15 10:0ExportsFEB P Mexico
03/27/15 10:0ImportsFEB P Mexico
03/27/15 10:0Trade BalanceFEB P Mexico
03/27/15 9:30CB Coincidence IndexFEB Eurozone
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