Business News

Automakers-060215.jpgAutomakers on Tuesday reported mixed U.S. vehicle sales results for the month of May, which included the Memorial Day weekend but had one less selling day compared to the same month last year. General Motors Co. and FCA US, LLC each reported higher vehicle sales for the month, while Ford Motor Co. and Toyota Motor Corp. both reported declines.

NeuroVive Pharma Phase III CIRCUS Study Fails To Meet Main Goal; Stock Plunges

Shares of NeuroVive Pharmaceutical AB (NEVPF.PK) plunged around 49 percent in the morning trade in Stockholm after the Swedish mitochondrial medicine company reported Monday negative topline results of Phase III CIRCUS Study in acute myocardial infarction. The topline result is expected to delay the...

IHS CEO Scott Key Resigns, Chairman Jerre Stead Succeeds

IHS Inc (IHS), a provider of information and analytics solutions, on Tuesday said that Scott Key has resigned as its president and CEO as well as from its board. As a replacement, the company said it has appointed Chairman Jerre Stead as CEO, effective immediately. Stead is the former CEO who became...

U.S. Factory Orders Pull Back More Than Expected In April

After reporting a sharp jump in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Tuesday showing that factory orders fell by more than expected in the month of April.

U.S. Factory Orders Drop 0.4% In April


CBOE To Buy Livevol's Data And Analytics Platforms

Options exchange operator CBOE Holdings Inc (CBOE) on Tuesday said it has agreed to buy the market data services and trading analytics platforms of Livevol Inc. The financial terms of the deal were not disclosed. The deal is expected to close by June 30. CBOE said the deal would enable it to...

CBOE Holdings To Acquire Data And Analytics Platforms Of Livevol

WiLAN Acquires Qimonda Patent Portfolio From Infineon


Juno Therapeutics Inc. (JUNO) Has Broken Out Of Today's Range

Juno Therapeutics Inc. (JUNO) announced Tuesday morning that it has agreed to acquire privately held X-BODY Inc. for initial consideration of approximately $21 million in cash and 439,265 shares of Juno stock. Juno Therapeutics has suddenly spiked sharply to the upside in the last few minutes on increased...

IPO Watch: Snapchat Plans To Go Public

Snapchat Inc.'s founder and CEO Evan Spiegel disclosed that the ephemeral messaging service is preparing for an initial public offering. However, he did not provide details on the timing of the IPO. Spiegel added that his company, which had rebuffed Facebook Inc.'s $3 billion takeover bid in 2013, was not interested in attracting any more takeover offers.

Maximus To Present At He Jefferies Global Conference; Webcast At 2:30 PM ET

Maximus Inc (MMS) will present at the Jefferies Global Healthcare Conference in New York City. The event is scheduled to begin at 2:30 PM ET, June 2, 2015. To access the webcast, log on at http://investor.maximus.com/presentations
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Economic Calendar
06/02/15 10:0Factory Orders (M-o-M)APR United States
06/02/15 10:0Factory Orders Ex. Defense (M-o-M)APR United States
06/02/15 10:0Factory Orders Ex. Transportation M-o-MAPR United States
06/02/15 10:0Official Foreign ReservesMAY 29 Mexico
06/02/15 9:45ISM NY Business ConditionsMAY United States
06/02/15 8:0Industrial Production (M-o-M)APR Brazil
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