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Shares In Roche Drop 1.4% On IQuum Acquisition

Mon, 04/07/2014 - 7:54am
Shares in Roche Holding AG fell 1.4% after the Swiss cancer-drug specialist said it has acquired privately held Massachusetts-based IQuum in a deal worth $450 million.
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Report: SEC Forms Squad To Examine Private Funds

Mon, 04/07/2014 - 7:53am
The U.S. Securities and Exchange Commission (SEC) has put together a dedicated group to examine private equity and hedge funds, after the 2010 Dodd-Frank law required the funds to be regulated, according to people familiar with the matter.
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ECB's Mersch Says QE Being Considered If Needed: Report

Mon, 04/07/2014 - 7:50am
The European Central Bank is sketching out plans for asset purchases if they are warranted, but an immediate program launch doesn't appear likely, Yves Mersch, a member of the bank's executive board, reportedly said Monday.
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Qualcomm Talks Up Future Top-Tier Smartphone Chip

Mon, 04/07/2014 - 7:38am
Qualcomm gave details about a future high-end smarthphone chip with faster downloading speeds and 64-bit technology.
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Credit Suisse Faces Threat Of New U.S. Tax Probe

Mon, 04/07/2014 - 7:35am
Credit Suisse faces the threat of a new investigation into aiding tax avoidance after New York's top financial regulator requested documents.
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Global Markets Slump as Tech Gloom Persists

Mon, 04/07/2014 - 6:07am
World markets skidded into the red on Monday on the heels of a steep selloff in U.S. tech and biotech stocks late last week. 
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Russian Soldier Kills Ukrainian Officer: Report

Mon, 04/07/2014 - 4:46am
A Russian soldier has shot and killed a Ukrainian naval officer in eastern Crimea, Ukraine's defense ministry said Monday, Reuters reported.
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European Stocks Drop Sharply; Bouygues Loses Bidding Fight

Mon, 04/07/2014 - 3:35am
European stocks dropped Monday, hit in the wake of Friday's selloff on Wall Street that left the Nasdaq Composite with its worst drop in two months.
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Holcim, Lafarge To Create Building Materials Giant

Mon, 04/07/2014 - 2:37am
The boards of Lafarge SA and Holcim Ltd. on Monday announced an agreement to merge the two companies into the world's biggest building materials group.
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Actor Mickey Rooney Dies At Age 93

Mon, 04/07/2014 - 1:31am
Veteran actor Mickey Rooney has died, reports said late Sunday, though no cause of death or date was available.
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India's Sun Pharma expects Ranbaxy business to be profitable in short term

Mon, 04/07/2014 - 12:50am
India's Sun Pharmaceutical Industries Ltd Managing Director Dilip Shanghvi said he expects Ranbaxy Laboratories Ltd to become profitable in the short term.
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Possible Malaysia Airlines Black-box Signals Detected

Mon, 04/07/2014 - 12:45am
Australian officials in charge of helping search for missing Malaysia Airlines flight MH370 said Monday that one of their ships had detected signals that appear to be coming from a black-box recorder.
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Hunt For Missing MH370 Flight Focuses On 'pings'

Sun, 04/06/2014 - 12:29pm
Chinese and Australian ships and planes are combing the Indian Ocean area where the Malaysia Airlines jet is believed to have gone down after a Chinese ship detected radio signals that could belong to the missing plane's black box.
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Kentucky Edges Wisconsin 74-73, In NCAA Title Game

Sat, 04/05/2014 - 11:36pm
Upstart Kentucky came from behind to overtake Wisconsin in the final seconds Saturday night for a 74-73 victory in the Final Four and a berth in Monday night's NCAA men's college basketball championship game against Connecticut.
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UConn Upsets Florida 63-53 To Advance To NCAA Title Game

Sat, 04/05/2014 - 8:29pm
The University of Connecticut upset overall top seed Florida 63-53 Saturday night to advance to Monday night's NCAA Division 1 men's college basketball championship.
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What Times Are Saturday's NCAA Final Four Games?

Sat, 04/05/2014 - 1:23pm
The Final Four teams in the men's Division 1 college tournament square off in Arlington, Texas, Saturday night to determine which two will advance to Monday night's championship game.
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U.S. Judge Refrains From Making GM 'Park' Recalled Cars

Fri, 04/04/2014 - 6:34pm
A U.S. federal judge refrained on Friday from issuing an emergency order that would have parked millions of General Motors cars recalled for defective ignition switches linked to at least 13 deaths.

GM Submits Recall Response to NHTSA | GM Looks to Outside Crisis Managers

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Goldman Board Lifts Target for Blankfein to Redeem Future Awards

Fri, 04/04/2014 - 5:29pm
Goldman Sachs Group Inc's board lifted a key performance target that the bank must reach for Chairman and Chief Executive Lloyd Blankfein to redeem a new long-term incentive stock award, according to a proxy filing on Friday.
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Symantec to Hire Banks for Advice, Activism Defense: Report

Fri, 04/04/2014 - 5:25pm
Anti-virus and security software maker Symantec, which recently fired its chief executive amid declining sales and fierce competition, is in the process of hiring banks to help advise on strategy and defend against possible activist investors, according to several people familiar with the matter.
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Moody's Downgrades Ukraine's Gov't Bond Rating

Fri, 04/04/2014 - 5:17pm
Moody's Investors Service late Friday downgraded Ukraine's government bond rating to Caa3 from Caa2 and said the outlook for the rating is negative.
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