Alexion Pharmaceuticals’ (ALXN) third-quarter 2014 earnings (including stock-based compensation expense) of $1.14 per share beat the Zacks Consensus Estimate by 9 cents. The earnings beat was attributable to higher-than-expected revenues. Moreover, earnings were above the year-ago figure by 56.2%. Including one-time items, Alexion’s earnings climbed 87% year over year to 88 cents per share in…
A Spanish hotel chain that accepts payment in bitcoin celebrated the launch of a bitcoin ATM in one of its Madrid hotels last night. One Shot Hotels hosted a cocktail party at its Recoletos 04 venue, which was attended by more than 100 people. “It was packed. All the Spanish Bitcoin startups were there, along…
According to knowledgeable sources, Microsoft Corporation (NASDAQ MSFT) is laying off its entire global advertising sales team. The reduction in force comes as the ad sales positions have become largely redundant as individual divisions are handling their own ad sales today. The sources note the layoffs are coming within the Microsoft Advertising division, and are…
Apple Inc (NASDAQ AAPL) is reportedly in talks with Iranian distributors about entering the country if Western sanctions on the country ease, says the Wall Street Journal, citing sources familiar with the matter. The report revealed that the senior executives of Apple held meetings with Iranian distributors at the company’s regional headquarters in London’s Hanover…
Movie theaters have officially ban movie goers from bringing Google Glass and other wearable into theaters. Moviegoers will have to leave their Google Glass at home or in the car as all wearable devices are banned from U.S. movie theaters. The Motion Picture Association of America and cinema owners released new guidelines prohibiting wearable devices…
In its third quarter earnings report earlier this week, Facebook Inc (NASDAQ FB) CEO Mark Zuckerberg stunned Wall Street analysts and investors alike when he announced that spending would be around 75% for the firm next year ($10-12 billion). Exactly what all those extra billions are going to be spent on in 2015 remains a…
