Business News

Uber-Drivers-052417-lg.jpgUber has admitted that it accidentally underpaid drivers in New York City over the past two and a half years, according to a Wall Street Journal report. Under the terms of nationwide driver agreement, Uber should have deducted its 25% commission from U.S. drivers based on fares after any taxes and...

Biogen's FAMPYRA Granted MA In EU For Improvement Of Walking In People With MS

The European Commission has granted a standard marketing authorization for FAMPYRA or prolonged-release fampridine tablets for walking improvement in people with multiple sclerosis or MS, Biogen (BIIB) announced today. The approval is based on the results of the Phase 3 ENHANCE study, which confirm the...

Guess Shares Up 15% On Q1 Results

Shares of Guess Inc. (GES) jumped over 15 percent on extended hours on Wednesday after the apparel retailer reported a first-quarter results that trumped Wall Street expectations. Guess' first-quarter loss narrowed to $21.3 million or $0.26 per share from $25.2 million or $0.30 per share last year....

South Korea Rate Decision On Tap For Thursday

The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The central bank is widely expected to keep its benchmark lending rate unchanged at 1.25 percent. Hong Kong will...

CF Corp. To Buy Fidelity & Guaranty Life For $31.10/shr - Quick Facts

CF Corp. (CFCO) and Fidelity & Guaranty Life (FGL) announced their boards have each unanimously approved a definitive merger agreement under which CF Corp. will acquire FGL for $31.10 per share in cash, or a total of approximately $1.835 billion, plus the assumption of $405 million of existing debt....

Guess? Inc. (GES) Is Climbing After Narrower Than Expected Q1 Loss

Guess? Inc. (GES) reported a first quarter loss of $0.24 per share after the bell Wednesday, compared to the loss of $0.23 per share a year ago. The consensus estimate was for a loss of $0.32 per share. The stock is now up 1.49 on 418K shares. Guess? gapped open slightly lower Wednesday, but traded...
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05/24/17 14:0FOMC Meeting Minutes- United States
05/24/17 13:0EIA Crude Oil PriceMAY 19 United States
05/24/17 10:30EIA Crude Oil Inventory (Barrels)MAY 19 United States
05/24/17 10:0Interest Rate Decision- Canada
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05/24/17 10:0Existing Home Sales - InventoriesAPR United States
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