Verizon Communications (NYSE: VZ) is handling about 300,000 conversions from copper to fiber per year but it still has about 1 million homes left to convert to fiber before it wraps up its entire conversion plan that it has been working on for three years, said a top company executive today. Verizon Communications Inc. (NYSE:VZ)…
Merck & Co. Inc. (NYSE:MRK) has won federal approval for a new type of sleeping pill designed to help people with insomnia stay asleep. Merck & Co. Inc. (NYSE:MRK) belongs to Healthcare sector. Its net profit margin is 12.90% and weekly performance is 5.64%. On last trading day company shares ended up $58.78. Merck &…
Mortgage lenders face immense responsibilities when they lend. Non-compliance with requirements and standards is out of the question. Therefore, lenders must be vigilant about meeting their obligations with accuracy. To that end, lenders must become adept at understanding their responsibilities so they can install reliable processes for granting mortgage loans. Emphasis on Quality Control To…
International Game Technology IGT reported solid secondquarter results in line with our expectations. Revenue increased 11% to $600 million (compared with consensus of $572 million) and EBITDA increased 6% to $247 million (consensus of $200 million). The increase in revenue was driven by a 16% rise in product sales, primarily due to strong sales of…
Jazz Pharmaceuticals (JAZZ) shares climbed 6.97% after the company announced that it has entered into an agreement to acquire the rights to defibrotide from Sigma-Tau Pharmaceuticals, Inc. The deal is expected to close in the third quarter of 2014. Sigma-Tau held the rights to defibrotide on the basis of an agreement with Gentium, which was…
DISH customers can now use bitcoin to pay their monthly TV bills. The Colorado-based company went live with its bitcoin payments program today as part of its previously announced third-quarter rollout. The first customers to pay for DISH services using bitcoin are Austin and Beccy Craig. The American couple have famously chronicled their attempts to…
