Business News Newswire (Page 3)

Business News Newswire (Page 3)

Comprehensive Real-Time News Feed for Business News. (Page 3)

Results 41 - 60 of 2,511 in Business News

  1. Sanders, Cummings Blast Marathon for $89,000 Price on Old DrugRead the original story

    Monday Feb 13 | The Washington Post

    Two Democratic lawmakers who have been critics of high U.S. drug prices are demanding answers from Marathon Pharmaceuticals LLC, after the company said it will charge $89,000 a year for a drug that's available much more cheaply overseas. Senator Bernie Sanders and Representative Elijah Cummings sent a letter to Marathon Chief Executive Officer Jeff Aronin, calling the price "outrageous" and asking the company to provide documents and information about how much it spent developing the drug and how it set the price.

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  2. Magna, Suncor Gird for Nafta War as Trump Meets TrudeauRead the original story

    Monday Feb 13 | The Washington Post

    Canada and the U.S. have knitted together one of the world's most integrated economies since signing free trade agreements 30 years ago, trading everything from fertilizer to oil, auto parts to drugs. As Prime Minister Justin Trudeau heads to Washington to meet President Donald Trump Monday, Canadian companies are hoping it doesn't all unravel in a trade war.

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  3. United Way shines light on Southern Kentuckya s 2-1-1 services -Read the original story w/Photo

    Monday Feb 13 | News Democrat

    United Way of Southern Kentucky recently celebrated National 2-1-1 Day on Feb. 11, 2017. United Way of Southern Kentucky shined a light on Southern Kentucky's 2-1-1 services that are available to all residents across the 10-county BRADD region.

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  4. Sage Therapeutics Lifts Investor Spirits With Tiny Sliver of Depression Drug DataRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    Depression is a huge commercial market opportunity, but it's also a disease in which drugs that show impressive results in early studies flame out routinely before reaching the finish line. Sage Therapeutics treated 13 patients suffering from depression with an experimental drug known as SAGE-217.

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  5. Marriott Declares Quarterly Cash Dividend Ahead of EarningsRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    Before Marriott reports its full year and fourth quarter earnings on Wednesday, it declared a quarterly cash dividend of 30 cents a share. Ahead of its fourth quarter earnings release on Wednesday, Marriott Int'l declared a quarterly cash dividend of 30 cents a share.

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  6. Retail Expert Kniffen on Macy's: A Deal Is 'Likely' With 'Substantial' UpsideRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    Shares of Macy's were higher in early afternoon trading on Monday, after Barron's reported on Sunday that the retailer could have 50% upside in the event of a potential sale. "I said 30% upside so I'm glad to see them at 50%," retail expert Jan Kniffen said on CNBC's "Squawk on the Street" on Monday morning.

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  7. European Benchmarks Boosted by Commodity Rally and Resurgent Risk AppetiteRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    Markets in London were buoyed by resources companies, who have benefited over the course of the last week from robust materials demand and trade data coming from China, as well as production outages in the realm of copper production. The world's largest copper mine Escondida, operated by BHP , lost production capacity last week thanks to industrial action.

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  8. Senate Set to OK Trump's Treasury Pick Mnuchin Over Democrat OppositionRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    Democrats are expected to use up a large part of about seven hours of debate raising concerns about his foreign investments and view of the post-2008-crisis Dodd-Frank Act. President Trump's pick for Treasury Secretary, Steven Mnuchin, is set to come up for a vote of the full Senate Monday evening, with Democrats expected to use up a large part of about seven hours of debate raising concerns about the candidate's foreign investments and his view of the post-2008-crisis Dodd-Frank Act.

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  9. Under Armour's Steph Curry 3 Shoe Sales are FlaggingRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    Strong jersey sales suggest that NBA Golden State Warriors All-Star Stephen Curry continues to be one of the most popular athletes in the world, but the release of his Curry 3 shoe by Under Armour has been met with less than stellar results. Curry's team jersey was the top seller in the U.S. and U.K. from October through December 2016.

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  10. Fossil Expected to Report Decline in 4Q Earnings, RevenueRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    Fossil is expected to report 2016 fourth quarter earnings and revenue after tomorrow's market close that have declined from a year ago. The Richardson, TX-based accessories maker is projected to report earnings of $1.12 per share on revenue of $977 million, according to analysts surveyed by FactSet.

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  11. 5 Earnings Short-Squeeze PlaysRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    Short-sellers hate being caught short a stock that reports a blowout quarter. When this happens, we often see a tradable short squeeze develop as the bears rush to cover their positions to avoid big losses.

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  12. Asset Sales and Restructuring in the Cards at NRG Energy After Elliott DealRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    Activist investor Paul Singer's fund reached a deal to add two dissident directors to the energy company board, which will now have a committee charged with looking at M&A deals Asset sales, a restructuring and even a possible sale of the business may be in the cards for NRG Energy after activist investor Elliott Management 's Paul Singer and a private equity partner on Monday reached a settlement with the Houston-based company to add two dissident directors to its board. Specifically, NRG Energy agreed to add C. John Wilder, the executive chairman of Dallas-based PE firm Bluescape Partners , Elliott Management's partner in the NRG Energy campaign, as well as Barry Smitherman, a former top regulator and investment banker in Texas.

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  13. Skechers Is Laced Up for a Run HigherRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    On Friday, shares of Skechers popped 19% on fourth-quarter and full-year 2016 results. Can this footwear maker climb even more? California-based Skechers posted fourth-quarter earnings of $0.04 per share, $0.06 worse than the consensus estimate.

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  14. Trading Strategy: Reaction vs. AnticipationRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    With the breakout in the indices continuing for a third day, the hardest thing to do is to stick with the trend. The contrarians like to point out the newly converted bulls who pop up in the business media, but the conundrum most traders face is whether to take some gains or to start backing off into the strength.

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  15. Don't Fall for the 'Porthole Effect' in the Oil MarketRead the original story w/Photo

    Monday Feb 13 | TheStreet.com

    When I was standing shoulder to shoulder with all those other oil day traders on the floor of the NYMEX, once in a while I'd get a very funny feeling. All of a sudden, I'd realize that the position I'd built up for myself was largely shared by just about everyone around the ring -- and I also sensed that every other trader had had the exact same realization.

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  16. 'Banks and tech are odd bedfellows. But both are making a push today.'Read the original story w/Photo

    Monday Feb 13 | TheStreet.com

    Banks and tech are odd bedfellows. But the combination of a strong push on Apple's stock by both Goldman and UBS -- iPhone 8 revolution and service revenue -- and Amazon taking out the price it was at before the so-called "bad" call, as well as a rise in rates, have gotten tech and the fins going.

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  17. Controversy Surrounds Russian Film Project About Last Tsar's Affair With ActressRead the original story w/Photo

    Monday Feb 13 | Hollywood Reporter

    Controversy has stirred in Russia over a film in the works about the last Russian tsar's affair with a famous actress, with nationalists threatening to burn theaters that plan to screen Matilda: The Mystery of the Romanovs by Golden Globe-nominated director Alexei Uchitel , scheduled for release in October. There are also allegations about corruption schemes involving top Russian officials related to the production of the $40 million movie, which the producers of the movie are denying.

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  18. DuPont, Chemours to pay $671M in chemical leak caseRead the original story w/Photo

    Monday Feb 13 | SFGate

    DuPont and Chemours will pay nearly $671 million to settle thousands of lawsuits related to the release of a chemical from a plant in West Virginia more than a decade ago. More than 3,500 federal and state lawsuits allege that the DuPont Co.

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  19. Small Retailers Seize On Trump's Unpopularity-And Strike GoldRead the original story w/Photo

    Monday Feb 13 | Fast Company

    Rachelle Hruska MacPherson "It' just feels like I'm using the tools that I've been given to have a voice," says Rachelle Hruska MacPherson, founder of Lingua Franca embroidered sweaters. The following are many of the women who work with MacPherson at Lingua Franca, based in New York City.

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  20. Wells Fargos Horrendous Year in Three ChartsRead the original story w/Photo

    Monday Feb 13 | Fox News

    The nation's third-biggest bank by assets was beset by scandal last year after it was revealed that thousands of employees in its branches had opened as many as two million fake accounts for customers in order to meet overly aggressive sales quotas. Throughout the last few months, I've tracked the fallout from the scandal on Wells Fargo's business.

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