Business News

DraftKings-FanDuel-102616-lg.jpgDaily fantasy sports companies DraftKings and FanDuel have each agreed to pay $6 million to New York Attorney General Eric Schneiderman's office to resolve lawsuits alleging false and deceptive advertising practices by the companies. The agreements also require sweeping reforms to the companies'...

Renault Q3 Revenues Up 13%

French automaker Renault SA (RNSDY.PK, RNSDF.PK, RNT.L) Tuesday reported third-quarter revenues of 10.55 billion euros, up 13 percent from 9.34 billion euros last year. Revenue growth was largely driven by the European market's continuing strong performance and the success of the group's range. Automotive...

New Home Sales Rise, But Miss Expectations

New home sales rose in September, though the increase was helped by revisions to figures from the previous month. The rate of sales came in below what economists had expected. Data released by the U.S. Department of Commerce showed that new home sales rose 3.1 percent to an annual rate of 593,000. Economists had expected a rate of 601,000.

CYBG Confirms Talks With RBS On Possible Acquisition Of Williams And Glyn

In response to recent press speculation, CYBG PLC confirmed that it has engaged in discussions with Royal Bank of Scotland Group PLC (RBS, RBS.L) and has made a preliminary non-binding proposal to RBS in relation to its Williams and Glyn operations. CYBG noted that the engagement is ongoing and there...

Flir Systems Inc. (FLIR) Is Up Sharply On Q3 Results

Flir Systems Inc. (FLIR) reported third quarter EPS of $0.43 Wednesday morning, down from $0.52 in the previous year. The results matched analysts' expectations. Full year EPS is expected to be between $1.60 and $1.65. Street expectations are for EPS of $1.61. Flir Systems has been climbing since...

IPO Watch: ConvaTec Makes Jolly Good Debut

Medical products maker ConvaTec raised about 1.47 billion pounds after pricing its initial public offering at about 225 pence, becoming the biggest IPO of 2016. The company, however, priced its shares at the bottom of the range, giving it a valuation of 4 billion pounds. The company plans to use most...

NutriSystem Q3 16 Earnings Conference Call At 5:00 PM ET

NutriSystem Inc. (NTRI) will host a conference call at 5:00 PM ET on October 26, 2016, to discuss Q3 16 earnings results. To access the live webcast log on to www.nutrisystem.com To listen to the call, dial 877-407-3982. For a replay call, dial 877-870-5176 with pin number 13647183.
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10/26/16 13:0EIA Crude Oil PriceOCT 21 United States
10/26/16 10:30EIA Crude Oil Inventory (Barrels)OCT 21 United States
10/26/16 10:0New Home Sales - Median PricesSEP United States
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