Business News

ibm-042015.jpgInternational Business Machines Corp. said Monday after the markets closed that its first quarter profit fell 2.4% from last year, as improved margins could not offset a 12% decrease in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast.

Syneron Candela's PicoWay Gets FDA Clearance For Treatment Of Pigmented Lesions

Syneron Medical Ltd. (ELOS) announced that the PicoWay picosecond laser received U.S. Food and Drug Administration or FDA clearance for the treatment of pigmented lesions. The PicoWay picosecond laser previously received FDA clearance for the removal of tattoos in November 2014 and was launched in...

Sensient Technologies Q1 Profit Tops Estimate; Cuts FY15 Earnings Outlook

Sensient Technologies Corp. (SXT) reported net income for the first quarter of $30.5 million or $0.64 per share, compared to a net loss of $2.1 million or $0.04 per share for the year-ago quarter. Income from contimuing operatis for the first quarter was $30.7 million or $0.65 per share, compared...

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on April 7, setting the pace for a modest day in Asia-Pacific economic activity. At the meeting, the RBA maintained its key benchmark lending rate at 2.25 percent as policymakers judged that it was appropriate...

Belgium April Consumer Confidence -6, Unchanged From March


IDEX Q1 Profit Tops Estimate; Revenue Falls Short

IDEX Corp. (IEX) reported net income for the first quarter of $66.0 million or $0.84 per share, compared to $74.5 million or $0.91 per share for the year-ago quarter. Net sales for the first quarter fell to $502.20 million from $544.00 million a year earlier. Analysts polled by Thomson Reuters...

Agilent Technologies Recommends Stockholders Reject TRC Capital’s “Mini-Tender” Offer

IDEX Agrees To Acquire 100% Of The Outstanding Shares Of Novotema SpA


After-market Movers For April 20 (IBM, LRCX, FTNT, SANM)

Gainers: International Business Machines Corp. (IBM) gained four tenths of a percent to $166.78. The company's first quarter profit topped Wall Street view. Total revenues from continuing operations declined 11.9 percent as reported, while flat year-to-year adjusting for currency and divested businesses....

Virtu Financial Prices IPO At $19/shr, High End Of Estimated Range

Virtu Financial Inc. (VIRT), a technology enabled global market maker, announced today the pricing of its initial public offering of 16.53 million shares of its Class A common stock at a price to the public of $19.00 per share, which is the high end of its previously estimated $17.00 and $19.00 per share...

Canadian National Railway Q1 15 Earnings Conference Call At 4:30 PM ET

Canadian National Railway Co (CNR.TO) will host a conference call at 4:30 PM ET on April 20, 2015, to discuss its Q1 15 earnings results. To access the live webcast, log on at www.cn.ca/en/investors To hear the live call, dial 1-800-355-4959 or 416-641-6122.
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