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Johnson & Johnson (JNJ) won its appeal of a $72 million verdict claiming its talc products cause ovarian cancer, as a Missouri appeals court found the case shouldn't have been tried in a St. Louis city court. The verdict to the family of Jacqueline Fox, an Alabama woman who died in 2015, was the first...

The U.S. Department of Justice said that General Electric Co. (GE) has agreed to make incentive payments beginning in 2018 until GE completes the worldwide divestiture of its Water & Process Technologies business. GE agreed to divest GE Water to resolve the Department's competitive concerns with GE's...

Sysco Corp.(SYY) said that it agreed to acquire HFM FoodService, a Hawaii-based broadline distributor with approximately $290 million in annual sales. HFM FoodService was founded as a flour mill in 1964 and has grown into one of the largest foodservice distributors in the state of Hawaii, and the...

The head of Facebook Inc.'s (FB) cutting-edge hardware lab, Building 8, is stepping down after a year and a half. Regina Dugan,in a Facebook post, said that early next year, she will be leaving Facebook to focus on building and leading a new endeavor. She will be working with leadership over the next...

Baidu Inc. (BIDU) is pushing aggressively ahead with autonomous vehicles, including plans to release a fully self-driving bus in China next year, the Wall Street Journal quoted the company's chief executive as saying. Baidu is betting it can be a major player in self-driving vehicles with its open-source...

The U.S. Securities and Exchange Commission charged mining company Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF) and two former top executives with fraud for inflating the value of coal assets acquired for $3.7 billion and sold a few years later for $50 million. The SEC's complaint, which was filed in...

Australian biotech company CSL Ltd. (CSL.AX, CMXHF.PK) chairman John Shine said that about 88% of shareholders have indicated their intention to vote FOR the company's Remuneration Report after an investor backlash over excessive executive pay. "Since the 2016 Annual General Meeting and the 'first...

Oct17-101717.jpg The following are some of the biotech stocks that made their way onto the Day's Gainers & Losers' list of October 17, 2017.

Anglo-Australian mining giant BHP Billiton plc (BHP.AX, BLT.L, BBL, BHP) reported that its total iron ore production for the first quarter ended September 30, 2017 was 55.6 million tonnes, down 3 percent from 57.6 million tonnes in the year-ago quarter. BHP Billiton noted that improved mine productivity...

Below are the earnings highlights for ADTRAN Inc. (ADTN): -EPS: $0.37 in Q3 vs. $0.26 in the same period last year. -Revenue: $185.11 million in Q3 vs. $168.89 million in the same period last year.

MarcFaber-101717.jpg Swiss investor Marc Faber, in his latest newsletter, has made a racially charged statement that America is great because it's ruled by white people. He wrote that "the U.S. would look like Zimbabwe" if it had been settled by black people instead of whites In his popular newsletter "The Gloom, Boom...

Fajitas-101717.jpg A Texas juvenile center employee has been arrested for stealing shipments of fajitas worth over $1.2 million over nine years. Gilberto Escaramilla has been charged with felony theft after authorities said he acknowledged to stealing fajitas. "If it wasn't so serious, you'd think it was a Saturday...

Target-Recall-101717.jpg Retail giant Target has issued a voluntary recall of over 7,000 leather pouf ottomans made in China due to a potential risk of suffocation and choking. According to the company, the zippers on the pouf ottomans can be opened by children who can then suffocate or choke on the pouf's polystyrene beads. The...

Dominos-couple-sex-101717.jpg A couple who had sex at a Domino's pizza outlet luckily escaped jail time and all the costs of the case. In February, Daniella Hirst and Craig Smith were captured on CCTV in a Domino's shop in Scarborough having sex against counter while the staff worked on the other side of the counter. The 18-minute...

IBM-Earnings-101717.jpg International Business Machines Corp. (IBM) Tuesday reported a drop in profit for the third quarter, as revenues continue to decline, hurt largely by sharp drop in hardware sales. Nevertheless, the company's quarterly earnings trumped Wall Street estimates as did revenues, reflecting strong performance...

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