Pfizer Inc.’s (NYSE:PFE) Sutent faced yet another development setback when the company announced that the candidate failed to achieve its primary endpoint in a late-stage study (SUN 1087) that was b...
Recent market action and economic news points strongly towards the possibility of a double dip recession and the resumption or continuation of a bear market in equities and exchange traded funds. If...
Energy utility Dominion Resources Inc. (NYSE:D) announced that it will sell $250 million in debentures. The debentures will mature on Sep 1, 2015, and will have an interest rate of 2.25%. Dominion Res...
I have written about the economic headwinds faced by the Atlas generation before. Now David Rosenberg (free registration required) has highlighted a New York Times op-ed by Norihiro Kato on the e...
3M Company (NYSE:MMM) stated its intention to acquire Cognet Inc, makers of finger and palm print readers, in an all-cash deal worth $943 million. The target company also manufactures eye and face rec...
NextEra Energy Inc.’s (NEE) unit, FPL Group Capital Inc., announced that it will sell $400 million in debentures. The debentures will mature on September 1, 2015, and will have an interest rate of 2...
Britain's economy grew at its fastest pace for nine years in the second quarter as construction soared, official data showed Friday, but it still faces a rocky road due to big spending cuts and tax hi...
1. WEST CHESTER, PA — “With the world captivated by the plight of 33 Chilean miners trapped in a mine more than 2,300 feet below the surface, a ...
The four largest U.S. banks may incur losses of up to $42 billion if housing finance giants Fannie Mae (FNMA) and Freddie Mac (FMCC) force them to repurchase faulty mortgages, Fitch Ratings state...
Political uncertainties, currency fluctuations and economic recessions have made the going somewhat tough for most IT firms in the European markets.30 Vote(s) ...