Business News

Qualcomm-NXP-092916-lg.jpgQualcomm Inc. is reportedly in talks to buy NXP Semiconductors NV, in a deal that is valued at over $30 billion, as the semiconductor industry continues to consolidate. According to a WSJ report, the companies could ink a deal in the next two to three months. Qualcomm is also exploring other deal...

FDA Approves Medtronic's Automated Insulin Delivery Device For Type 1 Diabetes

The U.S. Food and Drug Administration or FDA on Thursday announced that it approved Medical technology and services company Medtronic plc.'s (MDT) MiniMed 670G hybrid closed looped system. It is the first FDA-approved device that is intended to automatically monitor glucose and provide appropriate basal...

Commerzbank To Cut 9,600 Jobs, Suspend Dividend In Revamp

German lender Commerzbank AG said Thursday that it will cut almost 10,000 jobs, stop paying dividends for the time being and merge two big units as part of a restructuring to become profitable on a sustainable basis by 2020. The bank, Germany's second largest, said that to cover its restructuring costs in the region of 1.1 billion euros, it will cease dividend payments for the time being.

Japan Unemployment Rate Rises To 3.1% In August

The jobless rate in Japan came in at a seasonally adjusted 3.1 percent in August, the Ministry of Internal Affairs and Communications said on Friday. That was above forecasts for 3.0 percent, which would have been unchanged from the previous month. The job-to-applicant ratio was 1.37 - in line...

National Amusements Requests Viacom, CBS To Consider Potential Combination

Viacom Inc. (VIAB, VIA) announced its board has received a letter from National Amusements requesting that it explore a potential combination of Viacom and CBS (CBS-A, CBS). National Amusements, directly and through subsidiaries, owns approximately 80% of the voting shares of both Viacom and CBS and...

Aurinia Pharmaceuticals Inc. (AUPH) Is Rising On Phase 2 Study Results

Aurinia Pharmaceuticals Inc. (AUPH) announced after the close Thursday that its Phase 2b study of Voclosporin in patients with Lupus Nephritis met its primary endpoint and all pre-specified secondary endpoints. The stock is now up 0.62 on 19K shares. Aurinia Pharmaceuticals climbed for the majority...

Extraction Oil & Gas Announces 33.33 Mln IPO At Price Range Of 15-18

Extraction Oil & Gas, Inc. (XOG) Thursday announced the launch of an initial public offering of 33.333 million common shares with an initial offering price between $15.00 and $18.00. Extraction said it will grant the underwriters a 30-day option to purchase up to an additional 5 million shares of...

Costco Wholesale Q4 16 Earnings Conference Call At 5:00 PM ET

Costco Wholesale Corporation (COST) will host a conference call at 5:00 PM ET on September 29, 2016, to discuss its Q4 16 earnings results. To access the live webcast, log on at http://phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
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09/29/16 19:30CPI (M-o-M)AUG Japan
09/29/16 19:30CPI (Y-o-Y)AUG Japan
09/29/16 19:30Core CPI (M-o-M)AUG Japan
09/29/16 19:30Core CPI (Y-o-Y)AUG Japan
09/29/16 19:30Tokyo Core CPI (Y-o-Y)SEP Japan
09/29/16 19:30Tokyo CPI (Y-o-Y)SEP Japan
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