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Lighting fixtures maker Acuity Brands, Inc. on Wednesday reported a 42 percent increase in profit for the second quarter from last year, reflecting improved margins and double-digit sales growth. Adjusted earnings per share beat analysts' expectations, while revenues missed their estimates. The company said it remains very bullish about its prospects for continued future profitable growth.

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Private sector job growth in the U.S. continued to slow in the month of March, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment climbed by 189,000 jobs in March following a slightly upwardly revised increase of 214,000 jobs in February.

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Indiana Gov. Mike Pence continued to defend his state's religious freedom law on Tuesday but called on lawmakers to pass legislation clarifying that the law does not allow discrimination against gays and lesbians.

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Stocks may come under pressure in early trading on Wednesday, extending the pullback seen in the previous session. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 46 points.

FI-OBAMA3-051909_31Mar15.jpg Following through on an agreement announced last November, President Barack Obama formally pledged Tuesday to reduce U.S. greenhouse gas emissions by as much as 28 percent over the next decade.
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Eurozoneinf-033115.jpgAlthough Eurozone inflation remained negative for the fourth consecutive month, the price decline in March was the slowest for the period, the flash estimate from Eurostat showed Tuesday. The harmonized index of consumer prices fell 0.1 percent year-on-year in March, in line with expectations. It was slower than February's 0.3 percent decline and a 0.6 percent fall seen in January.
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A new form of MRI technology that can detect sugar may help improve cancer detection and decrease the need for invasive procedures, according to a new study from researchers at Johns Hopkins. The new technology images not only uncover the proteins in potential tumors, but also the glucose surrounding those tumors to create more defined images.
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The German market was firmly in positive territory on Wednesday, after Eurozone manufacturing sector expanded more than initially estimated as growth accelerated in Germany, Spain, Italy and the Netherlands. Final data from Markit Economics showed that the Purchasing Mangers' Index rose to a 10-month...
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Mineable reserve of gold may last only 20 years, as rare commodities become even more rare, according to a report released by Goldman Sachs Inc. (GS). Eugene King, European metals and mining analyst at Goldman Sachs, said in a research note, "The combination of very low concentrations of metals in...
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Scientist have unearthed fossil remains of monster salamanders that is said to have roamed the earth about 230 million years ago. The salamander, known as metoposaurus algvarnesis, is an animal that has a head like a toilet seat with hundreds of sharp teeth and the size of a car. The fossils of the...
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Teva Pharmaceutical Industries Ltd., (TEVA) announced the U.S. FDA has approved ProAir RespiClick (albuterol sulfate) inhalation powder, a breath-actuated, multi-dose, dry-powder, short-acting beta-agonist inhaler for the treatment or prevention of bronchospasm... More
Early trends in Nigeria's presidential election show opposition candidate Muhammadu Buhari is leading incumbent President Goodluck Jonathan by about two million votes. With results from over half of the country's states declared, the ex-military ruler...
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ChromeBook-040115.jpg Internet search giant Google on Tuesday launched its least expensive Chromebooks yet at $149 to take on Microsoft's Surface tablet in the niche school market for teachers and students as well as emerging markets such as China and India. Chromebooks were the best selling laptops on Amazon last holiday season.
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Economic Calendar
DateIndicatorPeriodCountry
04/01/15 10:0Construction Spending - PublicFEB United States
04/01/15 10:0Construction Spending - ResidentialFEB United States
04/01/15 10:0Construction Spending - TotalFEB United States
04/01/15 10:0ISM Manufacturing New Orders IndexMAR United States
04/01/15 10:0ISM Manufacturing Prices Index MAR United States
04/01/15 10:0ISM Manufacturing SurveyMAR United States
Complete Economic Calendar
FDA Calendar
Event DateSymbolDrug NameEvent Name
06/22/2015BMYOpdivo (BLA)FDA decision on Opdivo for the treatment of patients with advanced squamous non-small cell lung cancer after prior therapy
05/27/2015SLXPXIFAXAN 550 mg tablets (sNDA)FDA decision on XIFAXAN for treatment of irritable bowel syndrome with diarrhea
05/27/2015SLXPXIFAXAN (sNDA)FDA decision on XIFAXAN he treatment of irritable bowel syndrome with diarrhea or IBS-D
05/13/2015KYTHATX-101 (NDA)FDA decision on ATX-101 for improvement in the appearance of moderate to severe submental fullness
04/30/2015VNLPY.PKTuzistra (NDA)FDA decision on Tuzistra for the treatment of cough and cold
Complete FDA Calendar