Seafood lovers must now be prepared to dole out more cash than before for salmon. The price of salmon has surged globally and is now at historic highs amid acute outbreaks of sea lice. According to data from the Nasdaq Salmon Index, the price of salmon has risen by more than 15 percent in the last three months.
Health-food restaurant chain Freshii Inc. has increased the price range for its initial public offering in Canada. Freshii has raised the price range for its IPO to C$10 to C$11.50 per share from the prior range of C$8.50 to C$10.0 per share, BNN reported.
In a setback to the UK government's hopes to bypass the parliament and trigger Article 50 of the Lisbon Treaty to kick-start the process of exiting the European Union, the UK Supreme Court ruled on Tuesday that lawmakers must have a say on the matter before formal talks can begin. The UK Supreme Court dismissed the government's appeal by a majority of 8 to 3.
Drug major Johnson & Johnson Tuesday said it expects higher earnings and sales for its fiscal 2017, which are below market estimates. The company also reported solid fourth-quarter results, with adjusted earnings above market estimates, while sales missed their view, despite a growth. In pre-market activity on the NYSE, Johnson & Johnson shares were losing 1.68 percent.
Verizon Communications Inc. (VZ) reported fourth-quarter adjusted earnings per share of $0.86 compared to $0.89, prior year. On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $0.89 for the quarter. Analysts' estimates typically exclude special items....
Wall Street stocks may open Tuesday's session mixed on worries about new President's plan of action, early indications suggest. The market is interested to evaluate existing home sales numbers and PMI index scheduled for the day. Asian shares closed broadly higher, while European shares are climbing.
German business software maker SAP AG on Tuesday raised its forecast for fiscal 2017 and 2020, after reporting higher profit and revenues in its fourth quarter. For fiscal 2017, SAP now expects non-IFRS operating profit in a range of 6.8 billion euros to 7.0 billion euros at constant currencies, compared to 6.63 billion euros in 2016.
European stocks held steady Tuesday after three days of losses as a weaker dollar boosted resource stocks and investors waited for the U.K.'s Supreme Court decision on whether Prime Minister Theresa May needs parliamentary approval to trigger formal Brexit talks.
Stocks pared early gains to turn...
Dutch consumer electronics giant Philips Electronics NV reported Tuesday a profit in its fourth quarter, compared to last year's loss, mainly reflecting higher sales in its HealthTech portfolio. The company also revealed that it is currently in discussions with the US Department of Justice regarding its external defibrillator business in the U.S.
European stocks are seen opening on a steady note Tuesday even as concerns prevail about the early days of Donald Trump's administration.
The dollar wallowed near seven-week lows against a basket of currencies after U.S. Treasury Secretary nominee Steven Mnuchin said a strong currency could hurt the...
Consuming starchy foods that are cooked for long periods at high temperatures increases the risk of cancer, warns the Food Standards Agency in the UK.
Marinus Pharmaceuticals Inc. has reported positive preliminary data from its phase II trial of Ganaxolone in children with CDKL5 genetic disorder.
Yahoo! Inc. (YHOO) Monday reported a profit for the fourth quarter that trumped Wall Street estimates, and said it expects a delay in completion of the deal with Verizon Communications Inc.
Sunnyvale, California-based Yahoo reported fourth-quarter profit of $162.0 million or $0.17 per share, compared...
Telecom company Sprint announced it will buy a 33 percent stake in Jay Z's music streaming service Tidal.
As part of the deal, Sprint's 45 million customers will receive unlimited access to exclusive artist content. TIDAL and its artists will make exclusive content that will only be available to...
Craft beer maker Sierra Nevada has announced a voluntary recall of several types of its beers because of a packaging defect that could cause glass pieces to break and fall into bottle.
The recall covers over 36 states and applies to eight different types of Sierra Nevada's craft beers, including its...