Mylan N.V. (MYL) announced a recommended public offer to the shareholders of Meda Aktiebolag to tender all their shares in Meda to Mylan. The total offer consideration consists of a combination of cash and Mylan ordinary shares with a value of 165 Swedish kronor per Meda share. The total value of the...
Cisco Systems Inc. (CSCO), the world's largest computer networking gear maker, Wednesday reported a 31 percent surge in second-quarter profit that also trumped Wall Street estimates. Shares of the company gained a near 10 percent in after-hours trading.
San Jose, California-based Cisco's second-quarter...
Stocks once again experienced considerable volatility over the course of the trading session on Wednesday. The major averages had difficulty sustaining any significant moves on the day before ending the session mixed.
Former Hewlett-Packard CEO Carly Fiorina announced Wednesday she is suspending her campaign for the Republican presidential nomination after a disappointing showing in the New Hampshire primary. After coming in seventh in New Hampshire, Fiorina revealed her decision to drop out of the race in a post on her Facebook page.
After a poor showing in the New Hampshire Republican primary, New Jersey Governor Chris Christie is expected to suspend his presidential campaign. Christie came in sixth in New Hampshire with just over 7 percent support, coming in well behind winner Donald Trump.
Senate lawmakers are scheduled to vote Thursday on legislation that would permanently ban taxing access to internet service, with the measure expected to receive bipartisan support.
After moving notably higher early in the session, stocks have given back some ground over the course of the trading day on Wednesday. The major averages have pulled back off their best levels of the day, with the Dow briefly dipping into the red.
Delivering a setback to President Barack Obama, the U.S. Supreme Court temporarily blocked implementation of the Environmental Protection Agency's Clean Power Plan on Tuesday. In a 5 to 4 decision, the Supreme Court granted a request from nearly thirty states and the energy industry to stay the plan while litigation proceeds.
Stocks have moved mostly higher in early trading on Wednesday, regaining some ground after trending lower over the past few sessions. The major averages have all moved to the upside, with the Nasdaq and the S&P 500 rebounding from their worst closing levels in well over a year.
Media company Time Inc. (TIME) remains focused on optimizing advertising revenues to enhance its core business. The company's digital advertising revenues are growing strongly, reflecting its investments in video, programmatic, mobile and new content verticals. The company is due to release its fourth-quarter results before the bell on Thursday, February 11...
Gum issues have direct link with heart disease? Experts of Texas A&M Health Science Center say minor problems such as gum issues, snoring, indigestion, heartburn etc. can be signs of heart diseases.
Bulgaria has formally announced its nomination of UNESCO chief Irina Bokova for the post of UN Secretary General.
The Balkan country's Ministry of Foreign Affairs said in a statement Tuesday that it sent a letter nominating Irina Georgieva Bokova for the post of Secretary General of the United Nations....
It is a known fact that animals can read human emotions, and now there is scientific base to ascertain that. Horses can read human facial expressions and distinguish between happy and angry faces, researchers have found for the first time. The results of a study presenting the first evidence of horses' abilities to spontaneously discriminate between happy and angry human facial expressions were
After trending lower over the past few sessions, stocks may move back to the upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 104 points.
Shares of Deutsche Bank AG are gaining more than 9 percent in pre-market activity on Wednesday following media reports that the German lender is considering buying back several billion euros of its senior bonds. The recovery in the bank's share price comes after two days of falls amid a broader rout of bank stocks due to concerns over their profitability and troubled loans.