Business News

BingeDrinking-042815.jpgHeavy drinking among Americans has increased sharply, while women showed a sharp escalation in binge drinking than men, according to a major study of alcohol use in the U.S. In many U.S. counties, a quarter of the people or more, are binge drinkers, according to the study by the Institute for Health Metrics and Evaluation.

Sanofi : Toujeo Approved In EU To Treat Diabetes In Adults

Sanofi (SNY) announced that the European Commission has granted marketing authorization in Europe for Toujeo (insulin glargine [rDNA origin] injection, 300 U/mL), a next-generation basal insulin for the treatment of type 1 and type 2 diabetes mellitus in adults. The European Commission's decision...

UPS Q1 Profit Beats View, Backs Outlook; Names Richard Peretz CFO

United Parcel Service, Inc. reported a 13 percent increase in profit for the first quarter from last year, reflecting growth in the company's domestic segment and price increases. Earnings per share beat analysts' expectations, while quarterly revenues missed their estimates. The company affirmed its earnings guidance for fiscal 2015 and said it has appointed Richard Peretz as CFO.

U.S. Consumer Confidence Unexpectedly Shows Sharp Pullback In April

After reporting a significant rebound in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday showing that its consumer confidence index unexpectedly pulled back sharply in the month of April.

U.S. Consumer Confidence Index Drops To 95.2 In April


ARI Network Services Acquires TASCO

Bitcoin Shop Signs LoI To Merge With Spondoolies-Tech

Microsemi Completes Acquisition Of Vitesse


Rent-A-Center Inc. (RCII) Is Climbing After Q1 Profit Topped Estimates

Rent-A-Center Inc. (RCII) reported first quarter non-GAAP EPS of $0.52 after the close Monday, compared to $0.56 in the prior year. The consensus estimate was for EPS of $0.50. Rent-A-Center gapped open higher Tuesday and has continued to gain ground in early trade. The stock is now up 2.95 at $29.99...

IPO Watch: Silicon Valley's Apigee Makes Market Debut

Shares of App development software maker Apigee Corp. (APIC) are surging in their trading debut on the Nasdaq Global Select Market Friday following the company's initial public offering. The San Jose, California-based company priced priced its IPO of about 5.12 million shares of its common stock...

Flagstar Bancorp Q1 15 Earnings Conference Call At 11:00 AM ET

Flagstar Bancorp, Inc. (FBC) will host a conference call at 11:00 AM ET on April 28, 2015, to discuss its Q1 15 earnings result. To access the live webcast, log on at flagstar.com To participate in the call, dial (888) 812-8589 or (913) 312-1276 and use passcode 2728522. A replay of the call...
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Economic Calendar
04/28/15 10:0FOMC Meeting- United States
04/28/15 10:0Richmond Fed Manufacturing IndexAPR United States
04/28/15 10:0Consumer Confidence IndexAPR United States
04/28/15 10:0Official Foreign ReservesAPR 24 Mexico
04/28/15 9:0S&P/Case-Shiller Composite-20 (Y-o-Y)FEB United States
04/28/15 9:0S&P/Case-Shiller Home Price IndexFEB United States
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