Business News

BigLots-082815.jpgNon-traditional discount and variety stores operator Big Lots Inc. (BIG) Friday reported a decline in net profit for the second quarter, while net sales grew 1.2 percent from the prior year. Comparable sales for the quarter increased 2.8 percent.

AMGN Gets FDA Nod, AGTC Awaits Data, THLD Initiates Tarloxotinib Trial

Amgen (AMGN) has been granted FDA approval for its cholesterol-lowering medication, Repatha (evolocumab) Injection. The drug is expected to be available in the U.S. next week.

Scotiabank Q3 EPS Matches View; Ups Dividend

Bank of Nova Scotia or otherwise known as Scotiabank, Friday reported lower net profit for the third quarter, in the absence of a year-ago gain. Earnings per share, however, came in line with the Street view. Further, the company said it raised its quarterly dividend by 2 cents.

Brazil Economy Contracts Most In 6 Years To Enter Recession In Q2

The Brazilian economy contracted more-than-expected, at the fastest pace in six years, during the second quarter to enter a technical recession, preliminary figures from the statistical office IBGE showed Friday. Gross domestic product declined 1.9 percent from the first quarter, when the economy...

Accenture Buys AD.Dialeto

Accenture plc (ACN) said Friday that it has bought Brazilian digital agency AD.Dialeto, strengthening its digital marketing services. Terms of the deal were not disclosed. As a result of the acquisition, Accenture will enhance its ability to serve clients in the growing Latin American market with...

Mellanox Technologies Ltd. (MLNX) Has Spiked To The Downside

Mellanox Technologies Ltd. (MLNX) has been losing ground for the majority of early trade Friday and has spiked sharply lower in the last few minutes on increased volume. The stock is now down 1.59 at $40.12. Mellanox Technologies has been rising for the past 3 sessions, after rebounding from the lows of the year.

Cortendo Files For $86.25 Mln IPO

Biopharmaceutical company Cortendo has filed a registration statement on Form F-1 with the U.S. with the SEC to raise up to $86.25 million in an initial public offering. The Trevose, Pennsylvania-based company's stock currently trades on the Norwegian OTC market under the symbol CORT. The company,...

Regis Q4 Earnings Conference Call At 10:00 AM ET

Regis Corp. (RGS) will host a conference call at 10:00 AM ET on August 28, 2015, to discuss Q4 earnings results. To access the live webcast log on to www.regiscorp.com To listen to the call, dial (800) 967-7134 with access code 9656366. For a replay call, dial (888) 203-1112 and entering access code 9656366.
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08/28/15 10:0Univ. of Mich. Consumer Confidence IndexAUG United States
08/28/15 9:0Unemployment RateJUL Mexico
08/28/15 8:30Industrial Product Price (M-o-M)JUL Canada
08/28/15 8:30Industrial Product Price (Y-o-Y)JUL Canada
08/28/15 8:30Raw Materials Price Index (M-o-M)JUL Canada
08/28/15 8:30Raw Materials Price Index (Y-o-Y)JUL Canada
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