Business News

DeutscheBank-021016.jpgShares of Deutsche Bank AG are gaining more than 9 percent in pre-market activity on Wednesday following media reports that the German lender is considering buying back several billion euros of its senior bonds. The recovery in the bank's share price comes after two days of falls amid a broader rout of bank stocks due to concerns over their profitability and troubled loans.

Horses Too Can Sense Human Emotions

After dogs, it's now horses that have been shown to be able to sense human emotions. This first of its kind research by the University of Sussex examined how the horses reacted to seeing photographs of positive and negative human facial expressions.

Ahead Of Time Inc. Q4 Results

Media company Time Inc. (TIME) remains focused on optimizing advertising revenues to enhance its core business. The company's digital advertising revenues are growing strongly, reflecting its investments in video, programmatic, mobile and new content verticals. The company is due to release its fourth-quarter results before the bell on Thursday, February 11...

Yellen Sounds Cautious Tone On Economy

Financial conditions "have become less supportive to growth," the nation's top central banker will tell Congress Wednesday morning. In testimony prepared for delivery to the House Financial Services, Federal Reserve Chair Janet Yellen admitted that "downside risks" from exposure to the slowing Chinese...

Humana Q4 Earnings Down, Sees FY16 Adj. EPS Above View

Humana Inc. (HUM) Wednesday announced a decline in fourth quarter pre-tax income to $246 million from $287 million in the previous year. Earnings per share declined to $0.67 from $0.94 last year. On an adjusted basis, earnings were $1.45 per share. On average, 19 analysts polled by Thomson Reuters...

Overstock.com Inc. (OSTK) Is Climbing On Q4 Results

Overstock.com Inc. (OSTK) reported fourth quarter EPS of $0.00 after the bell Tuesday, down from $0.06 a year ago. Revenues climbed to $480.3 million, from $470.4 million last year. Overstock.com has been rising steadily since the open of trade Wednesday and is now up 2.30 at $12.66. The stock has...

IPO Watch: US Foods On The Menu

US Foods Holding Corp. has filed application for an initial public offering. The company did not disclose any pricing details, however, the offering is valued up to $100 million. US Foods plans to list on the New York Stock Exchange under the symbol "USFD." The company plans to use the proceeds...

Bristol-Myers To Present At Leerink Global Conference; Webcast At 1:25 PM ET

Bristol-Myers Squibb Company (BMY) will present at the Leerink Swann Global Healthcare Conference in New York. The event is scheduled to begin at 1:25 PM ET on February 10, 2016. To access the live webcast, log on to http://investor.bms.com/investors/default.aspx
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Economic Calendar
02/10/16 10:30EIA Crude Oil Inventory (Barrels)FEB 5 United States
02/10/16 10:0NIESR GDP EstimateJAN UK
02/10/16 8:0Monetary Policy Meeting Minutes- Hungary
02/10/16 6:0Unemployment RateQ4 Portugal
02/10/16 6:0ExportsDEC Portugal
02/10/16 6:0ImportsDEC Portugal
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