Business News

federal-prosecutors-031819-lg.jpgThe U.S. Department of Transportation or DOT is scrutinizing the development of Boeing 737 Max jetliners that were involved in two fatal crashes in five months, the Wall Street Journal reported Sunday, citing people familiar with the matter. Shares of Boeing are declining more than 2 percent in the regular trading session following the report.
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AstraZeneca: Saracatinib Gets FDA's ODD For Idiopathic Pulmonary Fibrosis

British drug maker AstraZeneca Plc (AZN.L, AZN) announced Monday that US Food and Drug Administration has granted Orphan Drug Designation or ODD for saracatinib, a potential new medicine for the treatment of idiopathic pulmonary fibrosis or IPF. IPF is a type of lung disease that results in scarring...
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Antofagasta FY18 Profit Down; Sees Higher Copper Production In FY19

Miner Antofagasta Plc. (ANFGY.PK, ANTO.L) reported Tuesday that its fiscal 2018 profit before tax declined to $1.25 billion from last year's $1.83 billion. Profit for the financial year attributable to the owners of the parent fell to $543.7 million from $750.6 million in 2017. Earnings per share...
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Australia House Price Index Sinks 2.4% In Q4

House prices in Australia were down 2.4 percent on quarter in the fourth quarter of 2018, the Australian Bureau of Statistics said on Tuesday - coming in at A$6.677 trillion. That missed expectations for a fall of 2.0 percent following the 1.5 percent decline in the three months prior. The capital...
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Hg Sells VFX Firm Foundry To Roper Technologies For £410 Mln Cash - Quick Facts

Hg, the Manager of HgCapital Trust plc (HGT.L), announced Tuesday the sale of Foundry, a developer of high-end visual effects or VFX and 3D design software, to diversified technology company Roper Technologies (ROP) for 410 million pounds in cash. Foundry is headquartered in London, with offices in...
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Ride-hailing Service Lyft Launches Roadshow For IPO - Quick Facts

Ride-hailing service Lyft Inc. announced Monday it has launched the roadshow for the initial public offering of its Class A common stock. Lyft is offering 30.77 million shares of its Class A common stock, plus up to an additional 4.62 million shares that the underwriters have the option to purchase. The...
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Novavax Q4 18 Earnings Conference Call At 4:30 PM ET

Novavax Inc. (NVAX) will host a conference call at 4:30 PM ET on March 18, 2019, to discuss Q4 18 earnings results. To access the live webcast, log on to www.novavax.com To listen to the call, dial (877) 212-6076 (US) or (707) 287-9331 (International), Passcode 9559037. For a replay call, dial...
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