thinkstockThe European Central Bank announced a negative interest rate policy on Thursday. It may not have been enough for the stimulus-addiction crowd, but this is truly an experiment. If the banks actually have to…
Costco Wholesale Co. saw strong sales gains in May, with total sales rising 8% year-over-year to $8.8 billion for the four weeks ending June 1. For the 39 weeks ending on June 1, its…
Amazon.com is supposed to be releasing a new smartphone on June 18, 2014. The question is how Amazon can compete in the space, and who it is going after.
ThinkstockSaying that she has begun moving forward on enhancing the U.S. equity market structure, Securities and Exchange Commission (SEC) Chair Mary Jo White told a New York audience on Thursday that she has directed…
ThinkstockThe trend of declining cigarette case volumes has been going on for years, or somewhere around two decades now. As of 2013, the Centers for Disease Control and Prevention (CDC) showed that only 18% of…
The U.S. Department of Defense awarded 7 contracts on June 4 totaling $194.5 million. The recipients included: Rolls Royce, Lockheed Martin, and Raytheon.
ThinkstockOf more than 49.3 million mortgaged properties in the United States at the end of the first quarter of 2014, there are 6.3 million where the mortgage amount is greater than the value of…
Zynga is having a bad Thursday, and perhaps the reason is that CEO Don Mattrick has signaled a much less upbeat version of the company's turnaround.
Halozyme Therapeutics saw its stock surge on Thursday on news reports that the FDA has removed its clinical hold on patient enrollment and dosing of in the certain ongoing Phase 2 trials.
GM CEO Mary Barra told an audience of employees Thursday morning that the report on the company's handling of the defective ignition switch found a "pattern of incompetence and neglect" but no cover-up among…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 119 billion cubic feet for the week ending May 30. That compared with an expected increase of around…
Rite Aid's preliminary 2015 outlook and May sales data will come as a sharp blow in the turnaround, particularly when you consider how strong the sales figures had been in recent months.
Here are four top medical device makers that the Leerink team thinks make sense as potential takeover candidates, but also have more than enough merit to stand on their own.
An agreement between Sprint and T-Mobile has been reached, according to a report from Reuters, for a deal valued at $32 billion.
The U.S. Labor Department has released its final set of data prior to Friday’s key unemployment rate and payrolls figures. Unfortunately, it is a bit weak. Weekly jobless claims rose by 8,000 in the…