logo

Breaking News

Share SHARE

STERIS Corp. (STE) and Synergy Health plc (SYR.L) Friday announced that they have been informed by the U.S. Federal Trade Commission or FTC that it intends to seek to block their proposed combination. STERIS and Synergy announced that they will contest the FTC's attempted action, and they welcome...

Chip maker Intel Corp. (INTC) is close to a deal to buy programmable chip maker Altera Corp. (ALTR) for about $15 billion, the New York Post reported. The price could be for as much as $54 a share, or a 15 percent premium over Altera's Thursday closing price of $46.97, the report said quoting a source...

Ipsen SA (IPSEY), a specialty-driven pharmaceutical company, Friday said its Shareholders' Meeting approved the resolutions submitted by the Board of Directors regarding the distribution of 0.85 euro dividend per share to be paid on June 2. The meeting also approved the renewal of the terms of office...

Financial services giant JPMorgan Chase & Co. (JPM) plans to cut more than 5,000 jobs as part of its efforts to cut down on costs and boost efficiency, the Wall Street Journal reported Thursday, citing people familiar with the company's decision. According to the WSJ report, JPMorgan has already...

The French biotech company Cellectis (CLLS) is in talks about its potential sale with Pfizer (PFE) of the US believed to be among the buyers, the Financial Times reported citing people familiar with matter. The report indicated Cellectis was in negotiations over a deal but warned that no outcome was...

ATA Inc. (ATAI), a provider of advanced testing technologies and testing-related services in China, reported that its net loss for fourth quarter 2015 widened to RMB15.0 million or US$2.4 million, from RMB13.4 million in fourth quarter 2014. Loss per ADS were RMB0.66 or $0.10, compared to a loss of RMB0.60...

JPMorgan Chase & Co. (JPM) plans to cut more than 5,000 jobs by next year in an effort to trim costs and become more efficient, the Wall Street Journal reported citing people familiar with the matter. This would eliminate at least 2% of its current workforce. The cuts already have begun, and are part...

Zimmer Holdings Inc. (ZMH) announced that it has finalized agreements with buyers to divest in the United States certain Zimmer Unicompartmental High-Flex Knee System assets, Biomet Discovery Elbow System assets and Cobalt bone cement assets. These divestiture agreements are in furtherance of Zimmer's...

Orbitz.com announced that it is the first travel company to integrate Smart Lock for Passwords, a secure password manager from Google, into Orbitz.com and the Orbitz app for Android. Orbitz.com is operated by Orbitz Worldwide (OWW). Customers that sign in to Orbitz.com using Chrome or the Orbitz app...

Merck & Co. Inc. (MRK) announced that it has submitted a New Drug Application to the U.S. Food and Drug Administration (FDA) for grazoprevir/elbasvir (100mg/50mg), an investigational once-daily, single tablet combination therapy for the treatment of adult patients with chronic hepatitis C genotypes or...

The U.S. Food and Drug Administration approved Rapamune (sirolimus), to treat lymphangioleiomyomatosis or LAM, a rare, progressive lung disease that primarily affects women of childbearing age. Rapamune is made by Wyeth Pharmaceuticals, Inc., a subsidiary of Pfizer, Inc. (PFE), Philadelphia, Pennsylvania....

Ulta Salon, Cosmetics & Fragrance Inc. (ULTA), Thursday reported an increase in first-quarter profit, helped largely by a double-digit sales growth and strong margins. The beauty products retailer's fourth-quarter earnings and revenues also topped Wall Street estimates. Bolingbrook, Illinois-based...

Digital imaging solutions provider OmniVision Technologies Inc (OVTI), Thursday reported a drop in profit for the fourth quarter, as revenues dropped and operating costs increased. Nevertheless, both earnings and revenues for the quarter trounced Wall Street estimates. Santa Clara, California-based...

GameStop Corp. (GME) on Thursday reported an increase in profit for the first quarter, as the video-game retailer's revenue and same-store sales rose, with both earnings and revenues topping Wall Street expectations. Moving ahead, the company detailed a strong outlook for the second quarter and lifted...

Infoblox Inc (BLOX), a provider of automated network control solutions, on Thursday reported third-quarter net loss of $5.1 million or $0.09 per share compared with a loss of $7.4 million or $0.14 per share last year. Excluding items, adjusted earnings for the quarter were $0.12 per share compared...

Follow RTT