Loans Help Boost 2Q for USB

U.S. Bancorp USB reported net income of attributable to common shareholders of $1.4 billion, or $0.76 per diluted share, for the second quarter of 2013 compared with $1.3 billion, or $0.71 per diluted share, for the second quarter of 2012. Loans grew 7.4% compared with a year ago, primarily in commercial and residential loans. Low interest rates, primarily in investment securities, continued to pressure yields … Continue reading Loans Help Boost 2Q for USB

Biotech Finance News

Halozyme’s Clinical Hold Lifted by FDA : Biotech

Halozyme Therapeutics, Inc (HALO) announced that the FDA has lifted the clinical hold from a phase Ib/II study (Study S1313). The study is evaluating PEGPH20 (PEGylated recombinant human hyaluronidase) in combination with a modified FOLFIRINOX chemotherapy (mFOLFIRINOX) in patients suffering from metastatic pancreatic adenocarcinoma. The Study S1313, which is being sponsored and conducted by SWOG (a cancer research cooperative group funded primarily by the National … Continue reading Halozyme’s Clinical Hold Lifted by FDA : Biotech

Bitcoin Speculation: Analysing Bitcoin’s Potential in Travel Industry

Though undeniably popular with its ardent supporters, bitcoin is arguably still searching for a practical application that makes it indispensable to mainstream users. That doesn’t mean there aren’t real use cases for bitcoin that could bring the kind of payments revolution many in the industry are hoping to achieve, though. Being both digital and decentralized, bitcoin is already a globalized electronic currency that operates across … Continue reading Bitcoin Speculation: Analysing Bitcoin’s Potential in Travel Industry

Here is the Amazing Story Behind Microsoft Windows 10 Naming for New Windows OS

The tech community is always up for another conspiracy, and this time, it has to do with Microsoft Corporation (NASDAQ MSFT)’s naming of Windows 10. Was it really because Windows 8 was such a flop that the company wanted to put extra distance between Windows 10 and the much-maligned Windows 8? Or was there another reason? There’s a rumor going around that suggests it’s all … Continue reading Here is the Amazing Story Behind Microsoft Windows 10 Naming for New Windows OS

Apple Plans to Launch iPad Air 2 on October 16th

There have been rumors that Apple Inc (NASDAQ AAPL) will unveil new iPads in October for months, and now, we have our first confirmation—of sorts. Re/code reports that Apple is planning an iPad Air 2 event for Oct. 16. Apple has not yet officially confirmed the iPad event date just yet. Previously, we heard that Apple would unveil the next iPad models on Oct. 21, … Continue reading Apple Plans to Launch iPad Air 2 on October 16th

Google Plans To Rival WhatsApp

As an effort to compete with Facebook and WhatsApp, Google is rumored to launch free SMS app. Facebook Inc (NASDAQ FB) is striving to take over the mobile messaging market with it’s WhatsApp acquisition, but it may soon have to face serious competition from Google Inc (NASDAQ GOOG). According to a report from Economic Times, the search engine giant plans to start it’s own SMS … Continue reading Google Plans To Rival WhatsApp