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Updated: 16 min 48 sec ago
Medical device maker Integra LifeSciences Holdings Corp said on Wednesday it has offered to buy Johnson & Johnson's Codman neurosurgery business for $1.05 billion in cash.
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Federal Reserve Chief Janet Yellen heads to Capitol Hill Wednesday for the second day of her semiannual monetary policy report to Congress.
Treasury yields touched their highest levels in more than two weeks on Wednesday after a strong reading on consumer-price inflation was seen strengthening the Federal Reserve's case for raising interest rates as early as March.
Shares of Evoke Pharma Inc. soared 38% in premarket trade, after the Food and Drug Administration's positive assessment of the company's gastrointestinal disease treatment, Gimoti.
Shares of Groupon Inc. soared 14% Wednesday after the company reported stronger-than-expected quarterly earnings.
U.S. consumer prices recorded their biggest increase in nearly four years in January as households paid more for gasoline and other goods, suggesting inflation pressures could be picking up.
U.S. retail sales rose more than expected in January as households bought electronics and a range of other goods, pointing to sustained domestic demand that should bolster economic growth in the first quarter.
The dollar held gains near a 3-1/2-week high on Wednesday after Federal Reserve Chair Janet Yellen signalled a faster pace of U.S. interest rate hikes.
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Virtual reality has, in some circles, garnered a great deal of excitement and been heralded as the next big thing, but it's also still at least five years away from mass adoption, according to Forrester Research.
U.S. stock index futures were little changed on Wednesday, ahead of a blast of economic data and a day after Federal Reserve Chair Janet Yellen painted a largely upbeat picture of the economy.
Market trading is booming at U.S. and European banks thanks to Donald Trump and Brexit, and yet the glory days of dealing rooms the size of football pitches remain as distant as ever.
Shares of SodaStream International Ltd. soared 6.8% in premarket trade Wednesday, after the seller of sparkling water maker beat fourth-quarter profit and sales expectation, boosted by a big jump in sales of sparkling water maker starter kits.
Angie's List, a provider of reviews, offers and data in more than 700 categories of home-improvement and repairs, said Wednesday it had net income of 48.9 million, or 15 cents a share, in the fourth quarter , down from $14.2 million, or 24 cents a share, in the year-earlier period.
Integra LifeSciences Holdings Corp. said Wednesday that it was paying $1.05 billion in cash to buy Johnson & Johnson's Codman Neurosurgery business.
Fossil Group Inc. shares were downgraded to underperform from market perform at Wells Fargo on concerns about the company's wearables business going forward.