Business News

hormal-052615.jpgHormel Foods has agreed to buy organic meat products maker Applegate Farms LLC for about $775 million, as consumers increasingly use natural and organic foods in their diet.

Aeterna Zentaris Phase3 Study For Macrilen In AGHD Meets EMA's Study-Design View

Aeterna Zentaris Inc. (AEZS, AEZ.TO) said Tuesday that it has received written scientific advice from the European Medicines Agency or "EMA" regarding the further development plan, including the study design, for the new confirmatory Phase 3 clinical study of Macrilen (macimorelin) for use in evaluating...

Taro Profit Rises

Taro Pharmaceutical Industries Ltd (TARO) on Tuesday reported fourth-quarter net earnings of $152.3 million or $3.56 per share compared with $89.6 million or $2.10 per share last year. Revenues for the quarter were higher at $244.2 million compared with $187.2 million in the prior year. Gross margin...

Australia Construction Work Done Falls 2.4% In Q1

The value of construction work done in Australia slipped a seasonally adjusted 2.4 percent on quarter in the first quarter or 2015, the Australian Bureau of Statistics said on Wednesday - coming in at A$48.397 billion. That missed expectations for a decline of 1.4 percent following the 0.2 percent...

Australia Construction Work Done -2.4% On Quarter, -8.8% On Year In Q1


FTC Clears Reynolds-Lorillard Deal

Reynolds American Inc. (RAI) and Lorillard, Inc. (LO) said Tuesday that the U.S. Federal Trade Commission has voted to accept a proposed consent agreement, authorizing Reynolds American to close its proposed $27.4 billion acquisition of Lorillard. Reynolds and Lorillard have agreed to divest four...

Pacific Energy Development Signs Acquisition Agreement With Dome Energy


After-market Movers For May 26 (TIVO, NMBL, HRL, WDAY, VNET)

Shares of TiVo Inc. (TIVO) surged more than 4% in after hours trading after the digital video recording pioneer reported better than expected first quarter results. The company also said it has acquired Cubiware, an innovative provider of cost-effective software solutions for emerging market Pay-TV operators. Nimble...

Alarm.com Files For $75 Mln IPO

Alarm.com Holdings, Inc., the platform solution for the connected home, announced Friday that it has filed a registration statement on Form S-1 with the SEC to raise up to $75 million in an initial public offering. The company, which was founded in 2000, did not specify the number of shares to be...

TiVo Q1 16 Earnings Conference Call At 5:00 PM ET

TiVo Inc. (TIVO) will host a conference call at 5:00 PM ET on May 26, 2015, to discuss Q1 16 earnings results. To access the live webcast log on to http://investor.tivo.com/phoenix.zhtml?c=106292&p=irol-irHome
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Economic Calendar
05/26/15 21:30Consruction Work DoneQ1 Australia
05/26/15 20:30Westpac Leading Index (M-o-M)APR Australia
05/26/15 19:50Monetary Policy Meeting Minutes- Japan
05/26/15 15:0Capacity Utilization (M-o-M)APR Argentina
05/26/15 15:0Industrial Production (M-o-M)APR Argentina
05/26/15 15:0Industrial Production (Y-o-Y)APR Argentina
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