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Abbott to Buy St. Jude Medical for $25B

Thu, 04/28/2016 - 7:15am
Abbott Laboratories said it agreed to buy medical device maker St. Jude Medical for $25 billion to add heft to its heart and neurological devices business.
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Ford's 1Q Sets Records for Profit, Operating Margins

Thu, 04/28/2016 - 7:02am
Ford reported an adjusted 1Q profit of $0.68 per share, topping the estimate for $0.48. Revenue for the automaker came in at $37.7 billion, also beating the estimate for $35.68 billion.
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Dow Chemical Adjusted Profit Beats Expectations

Thu, 04/28/2016 - 6:59am
Dow Chemical Co. reported Thursday first-quarter earnings of $169 million, or 15 cents a share, down from $1.39 billion, or $1.18 a share, in the same period a year ago.
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Dunkin' Brands Profit Above Expectations As Breakfast Boosts Sales

Thu, 04/28/2016 - 6:47am
Dunkin' Brands Group Inc. on Thursday posted quarterly results that exceeded expectations.
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Aetna 1Q Earnings Beat as Demand for Government Plans Rises

Thu, 04/28/2016 - 6:46am
Aetna, which is in the process of buying rival Humana, reported first-quarter operating earnings that topped analysts' estimates as the health insurer added more members to its government plans.
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Time Warner Cable Earnings Beat Views As Customer Base Grows

Thu, 04/28/2016 - 6:37am
Time Warner Cable Inc. posted first-quarter earnings ahead of expectations on Thursday, driven by what the company called "robust" customer growth.
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Sanofi Launches $9.3B Fight for U.S. Cancer Firm Medivation

Thu, 04/28/2016 - 6:22am
French drugmaker Sanofi went public with a $9.3 billion offer to buy Medivation on Thursday, setting up what could be a lengthy takeover fight after the U.S. cancer firm rebuffed its approaches.
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2 Chipmaker Buyouts Which Could Happen Soon

Thu, 04/28/2016 - 6:19am
Many big chipmaker buyouts have occurred over the past year, but the wave of market consolidation probably won't end anytime soon, since major chipmakers still must expand their portfolios or bolster their manufacturing capabilities to stay competitive.
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Time Warner Cable 1Q Revenue Rises 7.2%

Thu, 04/28/2016 - 6:16am
Time Warner Cable, which is being bought by Charter Communications, reported a 7.2 percent rise in revenue as it added more high speed data customers.
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U.S. Crude Price Steady Above $45 Per Barrel

Thu, 04/28/2016 - 6:11am
Oil futures steadied after setting a 2016 high on Thursday as traders locked in profits, though analysts said supply disruptions, strong investor appetite and a weakening dollar could push prices higher soon.
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VW CEO Sees Solid 2016 Growth Despite Crisis

Thu, 04/28/2016 - 5:32am
Volkswagen has a chance of posting solid growth in its operating business this year even as it grapples with its diesel emissions scandal and a strategic repositioning, Chief Executive Matthias Mueller said.
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