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BestBuy-052517.jpg Best Buy Co., Inc. reported lower profit in its first quarter on the absence of last year's CRT settlement proceeds. However, earnings per share topped market estimates significantly with higher comparable sales. Looking ahead, for the second quarter, the company projects higher comparable sales, and also lifted fiscal 2018 forecast for higher growth.In pre-market, shares were gaining 11.9 percent

WallST-052517.jpg Initial trading in U.S. Future Index suggest that Wall Street will be opening higher on Thursday. The OPEC's probable decision on oil production is keenly watched by the market. Asian shares closed mostly higher, while European shares are trading in the greener pastures. International Trade in Goods Report and Jobless Claims will be released in the next few hours.

StockMarket-112814_25May17.jpg European stocks are trading broadly higher in mid-day trading on Thursday. Despite early losses in some markets, positive Wall Street cues have helped subsequent to the release of FOMC minutes. The oil companies were in red as the investors await a production decision from the Organization of the Petroleum Exporting Countries.

Slide-June2017-052317.jpg June is certainly going to be busy month for the FDA, with over 10 drug candidates looking forward to knowing their fate. Let's take a look at some of the biotech stocks awaiting FDA decision in June.

StockMarkets-112514_25May17.jpg European markets may follow their U.S. and Asian peers, but with a mixed opening on Thursday. Positive impact of the minutes of the Federal Reserve's latest meeting was reflected on Wall Street. Further, the investors are looking ahead to an OPEC meeting later in the day, which is widely expected to extend output cuts, possibly by as long as 12 months, to help clear global stocks overhang.

Pharma-052517.jpg Today's Daily Dose brings you news about Aerie Pharma's positive efficacy results from phase III study of its glaucoma drug candidate Roclatan; Alnylam's public offering and FDA panel's support for approval of Puma's breast cancer drug Neratinib.

May24-052417.jpg Do you know why PBYI, INO and SBPH soared?

BARTapp-052417.jpg A lawsuit has been filed against BART alleging that its mobile app BART Watch collects personal information from people who use it. The mobile was developed to help riders report crimes and get updates about the transit system. The plaintiff seeks $5 million in damages. In a statement, BART...

Shares of Guess Inc. (GES) jumped over 15 percent on extended hours on Wednesday after the apparel retailer reported a first-quarter results that trumped Wall Street expectations. Guess' first-quarter loss narrowed to $21.3 million or $0.26 per share from $25.2 million or $0.30 per share last year....

Uber-Drivers-052417.jpg Uber has admitted that it accidentally underpaid drivers in New York City over the past two and a half years, according to a Wall Street Journal report. Under the terms of nationwide driver agreement, Uber should have deducted its 25% commission from U.S. drivers based on fares after any taxes and...

Graco-recall052417.jpg Graco has announced a voluntary recall of eight different models of kids carseat because they might fail to restrain a child in a crash. The recall covers 25,494 Graco My Ride convertible carseats that do not meet federal safety standards for webbing used to secure a child. "In the event of a serious...

wallstreet-111614_24May17.jpg Stocks moved mostly higher over the course of the trading session on Wednesday, extending their recent winning streak to five sessions. With the continued advance on the day, the S&P 500 reached a new record closing high.

google-shopping-052417.jpg Google is planning to track credit and debit card spending at retail stores to gauge how online advertisements relates to sales. Google Attribution will allow advertisers to see whether online advertisements actually convert in to offline sales. A new feature, born out of partnerships between Google...

Nike-BeckhamJr-052417.jpg Sports apparel retailer Nike Inc. (NKE) has officially retained New York Giants wide receiver Odell Beckham Jr. with a five-year deal that is worth over $29 million, according to nicekicks.com. Nike and Adidas were both fighting to sign an endorsement deal with the player, with Beckham's original...

RobertMuller-052417.jpg Deputy Attorney General Rod Rosenstein's decision to appoint a special prosecutor to investigate Russian meddling in last year's presidential election has strong support among voters, according to a Morning Consult/Politico poll.

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