Business News

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European Equity Benchmarks Close Mixed

The broad-based major European indices closed mixed in Monday’s trading session as health care stocks boosted the continental markets, while the London exchange edged lower. ...

Focus Equities

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European Equity Benchmarks Close Mixed

The broad-based major European indices closed mixed in Monday’s trading session as health care stocks boosted the continental markets, while the London exchange edged lower. ...

Pound Drops on Brexit ‘Deadlock’

The pound has dropped on Brexit “deadlock,” which is the word used by the European Union’s chief Brexit negotiator Michel Barniar to describe the present ...

Futures Add to Losses After Labor Market Loses 33,000 Jobs In September

Stock futures are adding to earlier losses after the impact from Hurricanes Harvey and Irma resulted in the U.S. economy losing 33,000 jobs in September, ...

Harris Gets Order from U.S. Army

Harris, a supplier of secure radio communications, has received a delivery order to supply its multi-channel Falcon III HMS (Handheld, Manpack & Small Form-Fit) Manpack ...

ServiceMaster Reports Q2 Beat

ServiceMaster reported pre-market Monday Q2 results which were slightly better-than-expected and raised its full-year revenue guidance. Adjusted EPS was $0.69, up from last year’s $0.67, ...

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Oppenheimer Raises Albemarle’s PT 18% to $157 on Higher Volumes

Oppenheimer lifted the target price for Albemarle (ALB) to $157 from $133 after raising the company’s 2020-21 estimates as it sees the possibility of “substantial” ...

Sonus Networks Rallies 11% Premarket as Preliminary Q3 Sales

Shares of Sonus Networks (SONS) resumed trading Friday morning with an 11% gain after the company said preliminary results show total revenue is expected to ...

Iron-Ore Miners Rally as Chinese Imports Set Record High

Shares of companies that mine iron ore are gaining ground pre-market action following Thursday’s after-hours report that China imported a record 102.8 million tons of ...

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BioLineRx Files to Start Phase 3 Study

BioLineRx said Monday that it has filed regulatory submissions it needs in order to commence a randomized, controlled phase 3 registrational trial of BL-8040 for ...

Acorn International Agrees To Sell Stake In HJX Unit

Acorn International, a marketing and branding company in China, said Friday it has agreed to sell a majority stake in its HJX business to an ...

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Steel Dynamics Q2 EPS Meets as Sales Top Views

Steel Dynamics reported Q2 earnings that met analysts’ expectations while its revenues beat forecasts compiled by Capital IQ. The steel maker reported Q2 EPS of ...

Leidos Unit Wins Contract

Leidos said Thursday that its QTC Management subsidiary has been awarded a prime contract worth approximately $15 million by the U.S. Department of Labor. Under ...