MarketWatch - 1 minute agoThe Mexican peso and other emerging-market currencies dived against the dollar Wednesday after Federal Reserve Chairman Ben Bernanke said the Fed could moderate its asset purchases later this year.
Briefing.com - 23 minutes agoCo announced a definitive agreement under which MicroPort Medical B.V., a subsidiary of MicroPort Scientific Corporation, will acquire Wright's OrthoRecon business. The purchase price is $290 million, subject to a net working capital adjustment, and is payable in cash at closing, which is expected to occur by the end of the third quarter or early in the fourth quarter of 2013. Wright's OrthoRecon ...
Briefing.com - 25 minutes agoReports Q2 (May) earnings of $0.66 per share, $0.01 worse than the Capital IQ Consensus Estimate of $0.67; revenues rose 1.0% year/year to $287.58 mln vs the $290.53 mln consensus.Higher diluted earnings per share (prior year was $0.65) were driven by a 1% increase in net sales from last year's second quarter while operating margin remained consistent at 17.2%. The increase in consolidated net sal...
Briefing.com - 47 minutes ago
Briefing.com - 5:54 PM ETCo announced that The New England Journal of Medicine (NEJM) published results online of a Phase 1b/2 study evaluating the investigational oral Bruton's tyrosine kinase (BTK) inhibitor ibrutinib in patients with relapsed/refractory chronic lymphocytic leukemia (CLL) or small lymphocytic lymphoma (SLL). Ibrutinib was shown to be safe and effective in patients with relapsed/refractory CLL or SLL, ev...
Briefing.com - 5:53 PM ETCo announced that it was exercising its option to adjust the consideration mix in the previously announced acquisition of Lender Processing Services (LPS) by increasing the cash component of the total consideration by approximately $500 million and correspondingly decreasing the stock component of the total consideration by an equal amount. FNF will directly provide $300 million of the $500 millio...
MarketWatch - 5:30 PM ETFederal Reserve Chairman Ben Bernanke says on Wednesday the central bank may start to scale back its asset purchases later this year if the economy strengthens as the central bank now expects.
Briefing.com - 5:17 PM ETCo announced that the Board of Directors approved of in-well testing at its Elijah #3 well in the Asher-Menashe License, in which an application was submitted to Israel's Petroleum Commissioner for a third one-year extension on April 26, 2013. During Zion's 2013 Annual Shareholders' Meeting, the Board of Directors on June 12, 2013 approved an Authority for Expenditure ("AFE") proposal to conduct i...
Briefing.com - 5:16 PM ETCo announced that it has entered into a credit agreement with a syndicated bank lending group in the amount of $900 million, consisting of a $600 million revolving credit facility and a $300 million term loan. The term loan will be funded in conjunction with the early redemption of the Company's remaining $275 million Senior Unsecured Notes. The new facility replaces the Company's existing credit ...
MarketWatch - 5:14 PM ETBetter than expected results give software maker Red Hat a lift after ours; Nokia rises after a report that it held talks to sell device business to Microsoft.
