N) rose more than 2 percent after it forecast a pre-tax profit margin of up to 11.This week, S&P Capital IQ cut its rating on the company’s stock to “Buy” from “Strong Buy.
TO) have put a spotlight on the little-known and fast-growing specialty pharmacy industry.Pembroke Consulting estimated early this year that the number of accredited specialty pharmacies would jump by nearly 100 to a total of 250 in 2015.
KS) said third-quarter net profit fell 23 percent from a year earlier, missing forecasts, as the South Korean automaker soaked up the impact of slowing China sales and aggressive discounting campaigns.2 trillion won ($1.
PARIS (Reuters) - Reforms carried out by the Greek government are on track and its creditors will disburse the next 3 billion euro ($3.4 billion) installment of its aid program, European Economics Commissioner Pierre Moscovici told French radio on Thursday.
N) shares jumped 15 percent to $60 on its Wall Street debut on Wednesday after the Italian supercar maker priced its share offering at the top of the range amid heavy investor demand.Limiting the offering to a 10 percent stake helped parent Fiat Chrysler Automobiles (FCA)(FCHA.
VX plans to raise 6 billion Swiss francs ($6.“But a weak Q3 in FICC (fixed income, currencies and commodities) and heavier costs will clearly drag before Credit Suisse puts flesh on the skeletal new plan.
stocks ended slightly lower on Tuesday as a decline in healthcare and biotech stocks offset gains in United Technologies and Verizon.The S&P healthcare sector.
Attorney Preet Bharara is investigating whether the business model behind daily fantasy sports companies such as DraftKings Inc and FanDuel Inc violates federal law, the Wall Street Journal reported.The investigation is at an early stage and senior Justice Department lawyers in Washington are undecided on whether daily fantasy sports betting violates federal gambling statutes, the newspaper reported, citing people familiar with the matter.
N) reported a bigger-than-expected drop in quarterly sales due to a strong dollar, and the company said it expected the currency to hurt its full-year revenue more than previously anticipated.The company has said that it is targeting $3 billion in annual cost savings by 2019.
PARIS/FRANKFURT (Reuters) - Airbus Group (AIR.DE) executive Dirk Hoke as the next head of its Defence and Space division, recruiting an industrial high-flyer with no previous aerospace experience to regenerate its second-largest division.
On Thursday, NHTSA expects to make a case in public that it should coordinate the Takata recall to ensure that an estimated 23.4 million air bag inflators installed in 19.
Morris said he was put off by what he called a “rat’s nest” of offerings on Wells Fargo’s website.Consumers like Morris are a problem for Wells, which is far behind rivals in building up its credit card business.
MADRID (Reuters) - Spain’s public prosecutor has asked the country’s High Court to investigate German carmaker Volkswagen (VOWG_p.DE) and the scandal surrounding its rigging of diesel emissions tests, according to a court document seen by Reuters.
government, predicted on Monday that lower price increases are ahead for the whole industry.Michael Pearson told investors the company’s 2016 outlook is based on expectations for a new pricing environment where none of its drugs have an actual price increase of more than 10 percent.
DE) made several versions of its “defeat device” software to rig diesel emissions tests, three people familiar with the matter told Reuters, potentially suggesting a complex deception by the German carmaker.” Some industry experts and analysts said several versions of the defeat device raised the possibility that a range of employees were involved.
DE) offices in France, the Paris Prosecutor’s office said on Sunday, as part of an investigation following revelations the carmaker rigged vehicle diesel emissions tests.A Volkswagen spokesman confirmed the company had been searched by French police on Friday and was cooperating with the authorities, declining to comment further.
N) shares fell hard after the world’s largest retailer cut its profit view for 2017 but some options traders were betting on a quick rebound.Most of this flow appeared to be from options buyers opening new positions, said Fred Ruffy, strategist at options analytics firm Trade Alert.
59 billion) debt and equity capital raising in February, said this source, who has direct knowledge of Bombardier’s financial issues.“They lack negotiating power,” said the Caisse source in reference to both Bombardier and the controlling family.
(Reuters) - JPMorgan Chase & Co, Morgan Stanley and Barclays Plc will pay over half of a more than $1.86 billion settlement resolving investor claims they conspired to fix prices and limit competition in the market for credit default swaps, according to a court filing.
NEW YORK (Reuters) - Crude oil prices inched higher in choppy trade on Friday, as short covering fueled a small rally after four days of sharp losses, though gains were limited as prices failed to break through key technical levels.Earlier Friday, West Texas Intermediate futures gained over a dollar in technical trade after briefly rising over the 14-day moving average, traders said.