Business News

bankofamerica-oct16-lg.jpgBank of America Corp. (BAC) reported net income of $5.8 billion, or $0.56 per share, for the third quarter of fiscal 2019. The company's third-quarter results included Merchant Services Joint Venture impairment Charge of $2.1 billion or $0.19 per share. Excluding the impairment charge, net income was...
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Lilly Says Phase 3 SEQUOIA Study Did Not Meet Primary Endpoint - Quick Facts

Eli Lilly and Co. (LLY) announced Wednesday that top-line results from its Phase 3 SEQUOIA trial evaluating pegilodecakin plus FOLFOX (folinic acid, 5-FU, oxaliplatin) compared to FOLFOX alone in patients with metastatic pancreatic cancer whose disease had progressed during or following a first-line...
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Cognizant To Acquire Contino, Terms Not Disclosed - Quick Facts

Cognizant Technology Solutions Corp. (CTSH) agreed Wednesday to acquire privately-held technology consulting firm Contino. Financial details of the deal were not disclosed. London-based Contino is a premier enterprise DevOps and cloud transformation consultancy. It specializes in helping Global 2,000...
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Biotech IPO For The Week Ahead

Marseille, France-based Innate Pharma S.A., is a biotechnology company developing therapeutic antibodies for the treatment of oncology indications with unmet medical need.
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Abbott Laboratories Q3 19 Earnings Conference Call At 9:00 AM ET

Abbott Laboratories (ABT) will host a conference call at 9:00 AM ET on Oct. 16, 2019, to discuss Q3 19 earnings results. To access the live webcast, log on to www.abbottinvestor.com
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