Credit Suisse CS earned CHF 1,026 million (CHF 0.76 per diluted share) in the first quarter compared with CHF 41 million in the year-ago quarter and CHF 221 million in the trailing quarter on better trading results and lower expenses. This quarter’s reported profit, which included CHF 80 million of noncash own-debt losses, amounted to…
3M Co (NYSE:MMM) will pay about $885 million for Sumitomo Electric Industries Ltd’s stake in their Japan joint venture, giving the diversified U.S. manufacturer full control of the business, 3M said on Wednesday. The deal is expected to add about 8 cents per share to earnings in the first 12 months after it closes, 3M…
Kirby’s KEX first-quarter revenue fell 1% from last year. The decline was driven by anemic demand for United’s pressure pumping units, tempered by solid inland trends and improvement in coastal operations. The marine transportation business (75% of first-quarter sales) saw revenue increase 25%, thanks to persistent petrochemical and crude oil shipment demand, which is supporting…
Twitter changed the method of blocking users recently. Only a few days after, they changed the new method, which enabled blocked users to see the topics of the blockers after they'd been blocked.Read More >>
Data signaling strength in the world’s largest economy prompted Goldman Sachs Group Inc. (NYSE:GS) to push forward its forecast for when Fed will raise interest rates to the third quarter of next year rather than the first three months of 2016. Goldman Sachs Group Inc (NYSE:GS) stock performance was 1.33% in last session and finished…
Celladon Corporation (NASDAQ:CLDN), a clinical-stage biotechnology company focused on developing novel therapies by applying its leadership position in the field of SERCA enzymes, on 07 July 2014 announced it has launched two new clinical development initiatives for MYDICAR(R), its lead product candidate, in patients with end-stage renal disease (ESRD) undergoing surgery for arteriovenous fistula (AVF)…
