Business News

Apple-Watch-BestBuy-072815.jpgElectronics retailer Best Buy Co. Inc. (BBY), has announced it will retail Apple Watch in its store from next month, making it the first retailer besides Apple Stores to offer the smartwatch that was launched three months ago. Initially, Best Buy will start selling the smartwatch in over 100 stores...

FDA Oks Daklinza For Use With Sofosbuvir To Treat HCV Genotype 3 Infections

Bristol-Myers Squibb Co (BMY) on Friday said the U.S. Food and Drug Administration has approved Daklinza (daclatasvir) for use with sofosbuvir to treat hepatitis C virus (HCV) genotype 3 infections. According to the company, Daklinza is the first drug that has demonstrated safety and efficacy to...

LVMH H1 Net Profit Up 5%

LVMH Moët Hennessy Louis Vuitton, (LVMUY.PK) the world's largest maker of luxury goods, reported net profit of €1.58 billion for the first half of 2015, up 5% from €1.51 billion in the first half of 2014. Profit from recurring operations for the first half of 2015 rose 15% to €2.96 billion from €2.58...

U.S. Consumer Confidence Shows Sharp Pullback In July

Confidence among U.S. consumers has seen a substantial deterioration in the month of July, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index tumbled to 90.9 in July from a downwardly revised 99.8 in June.

DHI Group Q2 Results Beats View; Plans To Sell Slashdot Media - Quick Facts

DHI Group, Inc. (DHX), formerly known as Dice Holdings, Inc., reported that second-quarter net income declined to $5.68 million or $0.11 per share from $7.21 million or $0.13 per share in the prior-year quarter. On average, six analysts polled by Thomson Reuters expected the company to report earnings...

Cadence Design Systems (CDNS) Has Surged To A New High On Q2 Results

Cadence Design Systems (CDNS) reported second quarter adjusted EPS of $0.27 after the close Monday, compared to $0.21 in the previous year. Analysts expected EPS of $0.24. Third quarter adjusted EPS is expected to be between $0.25 and $0.27. The company also increased its full year adjusted EPS forecast...

Live Oak Bancshares Surges In Nasdaq Debut

Shares of Live Oak Bancshares, Inc. (LOB), parent of Live Oak Banking Co., surged in their trading debut on the Nasdaq Global Select Market Thursday following an initial public offering. Live Oak Bancshares priced its IPO of 4.8 million shares of its voting common stock at $17.00 per share, the mid-point...

UDR Q2 15 Earnings Conference Call At 1:00 PM ET

UDR, Inc. (UDR) will host a conference call at 1:00 PM ET on July 28, 2015, to discuss Q2 15 earnings results. To access the live webcast log on to http://www.snl.com/irweblinkx/corporateprofile.aspx?iid=103025 To listen to the call, dial 888-576-4382 (US) or 719-325-2280 (International), Conference...
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Economic Calendar
07/28/15 10:0FOMC Meeting- United States
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07/28/15 10:0Official Foreign ReservesJUL 27 Mexico
07/28/15 10:0Consumer Confidence IndexJUL United States
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