Some 63% of the companies reporting so far have exceeded expectations on the bottom line. To those who’ve spent a few years on Wall St., anything lower thantwo-thirds of corpo ..
The plaintiffs also filed a class action lawsuit on Monday, seeking an order declaring that GM cannot use the bankruptcy protection to absolve itself from liabilities. The fau ..
ZURICH/LONDON (Reuters) - Swiss drugmaker Novartis announced a multi-billion dollar revamp on Tuesday, swapping assets with GlaxoSmithKline and selling its animal health arm i ..
BOSTON/NEW YORK (Reuters) - Activist investor William Ackman teamed up with Canadian drugmaker Valeant Pharmaceuticals International Inc to make a joint run at buying wrinkle- ..
Multinational firms are planning to invest less in China because of market access barriers and slowing growth in the world's second-largest economy, a U.S. business lobby ..
M&A talk in the pharmaceutical sector lifted European shares on Tuesday, but failed to support the euro, which held at a two week low against the dollar on rising expectat ..
Gold recovered from early losses on Tuesday as the dollar gave back some gains, but sentiment among investors continued to be fragile on further outflows from bullion-backed f ..
An army of U.S. labor force dropouts stands ready to get back in the game when conditions improve, implying wages, prices and interest rates will stay lower for longer. Rather ..
As markets head for summer doldrums, analysts are becoming more concerned that the long bull market in stocks is ripe for a correction. ..
Video streaming service Netflix on Monday became the most visible company with a business relationship with Comcast to oppose the No. 1 cable operator's $45.3 billion mer ..