Breaking News

Share SHARE

Swiss biopharmaceutical company Actelion Ltd (ALIOF.PK) reported Tuesday that its net income for the first nine months climbed 86 percent to 566 million Swiss francs from last year's 304 million francs. Earnings per share grew 84 percent to 4.87 francs from 2.65 francs last year. Core net income,...

Sartorius Group (SDMHF.PK), an international laboratory and process equipment supplier, said its consolidated order intake rose by 10.1% in constant currencies, with Group sales revenue up by 9.6% to 712.7 million euros, from 657.3 million euros in the year-earlier period. The Group increased its...

Sartorius Stedim Biotech (SDMHF.PK) reported that its third-quarter pretax profit increased to 28.1 million euros from 21.1 million euros, previous year. Profit to shareholders was 19.7 million euros, compared to 14.8 million euros. Earnings per share was 1.29 euros, compared to 0.96 euros. Earnings...

Akzo Nobel NV (AKZOY.PK, AKZOY) Tuesday said third-quarter net income attributable to shareholders increased to 205 million euros from 155 million euros, due to higher operating income and lower finance expenses. Adjusted earnings per share increased 24 percent to 0.92 euro from 0.74 euro. Revenue...

Facebook Inc. (FB) Monday sued four law firms - DLA Piper, Millberg LLP, Paul Argentieri & Associates and Lippes Mathias Wexler Friedman LLP - in New York over their involvement in a lawsuit filed by Paul Ceglia that challenged Mark Zuckerberg's ownership of the social media giant. Ceglia is said...

Trinity Industries (TRN), a diversified industrial company, Monday said that earlier in the day a jury in the U.S. District Court for the Eastern District of Texas returned a verdict against the firm in a False Claims Act case. The jury awarded $175 million in damages. The company is accused of failing...

Specialty pharmaceutical company Actavis plc (ACT) is said to be among the bidders for Belgian consumer health-care company Omega Pharma NV as it continues to look for more acquisition, according to a Bloomberg report on Monday. A sale of Omega would likely fetch in excess of 4 billion euros or $5.1...

Real estate investment trust Medical Properties Trust Inc. (MPW) said Monday that it has agreed to acquire 40 rehabilitation hospitals in Germany from privately-held Median Kliniken Group, Germany's largest private provider of post-acute and acute rehabilitation services, for about 705 million euros,...

Transportation and logistics company Werner Enterprises, Inc. (WERN) reported Monday a profit for the third quarter that increased 22 percent from last year, reflecting higher margins and revenue growth. The company's shares were up nearly five percent in extended trading as earnings per share matched...

Offshore oil and gas services contractor Helix Energy Solutions Group, Inc. (HLX) on Monday reported a 70 percent increase in profit for the third quarter from last year, reflecting strong revenue growth in the well intervention and robotics segments. Revenue for the quarter beat analysts' estimates. Owen...

US drug maker AbbVie, Inc. (ABBV) agreed Monday to terminate its proposed merger with Irish drug company Shire Plc. (SHP.L, SHPG) after its board withdrew support and recommendation for the deal. The move comes amid the proposed changes in tax rules in the U.S. AbbVie also announced a new $5 billion...

Steel Dynamics Inc (STLD) on Monday reported a 59 percent surge in profit for the third quarter from last year, helped mainly by higher shipments of steel that helped offset acquisition charges. Both revenue and adjusted earnings per share for the quarter beat analysts' estimates. Mark Millett, Chief...

Online retailer Amazon.com Inc. (AMZN) has signed a multi-year deal with CBS Corp's (CBS) Simon & Schuster, the second major Big Five book publisher it has been negotiating with about the price of e-books, Business Insider reported Monday, citing a source with knowledge of the situation. Negotiations...

Technology solutions provider Rambus Inc (RMBS), Monday reported a swing to profit in the third quarter despite lower revenues, reflecting the absence of one-time expenses recorded a year ago. While the quarterly earnings matched Wall Street estimates, revenues fell short of expectations. The company...

GulfMark Offshore Inc (GLF) Monday reported third-quarter net earnings of $24.3 million or $0.92 per share compared with $32.3 million or $1.23 per share last year. Excluding items, adjusted earnings for the quarter were $0.75 per share. Revenues for the quarter were $128.7 million compared with...