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Lower Printer Sales Weigh on Xerox Revenue

Wed, 10/22/2014 - 8:52am
Xerox Inc (NYSE:XRX) reported a 2 percent fall in quarterly revenue, hurt by slowing demand in its printing business.
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Norfolk Southern posts 3Q profit, results miss Wall Street estimates

Wed, 10/22/2014 - 8:45am
Norfolk Southern Corp. (NSC) on Wednesday reported net income of $559 million in its third quarter.
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Glaxo Breaks Trend, Holds Dividend Steady

Wed, 10/22/2014 - 8:44am
GlaxoSmithKline kept its dividend unchanged for the third quarter, breaking a run of steadily rising payouts, as U.S. pricing pressure on its top-selling lung drug Advair eroded sales and profit.
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General Dynamics Posts Top and Bottom Line Beats

Wed, 10/22/2014 - 8:41am
General Dynamics Corp on Wednesday reported higher-than-expected earnings and revenue for the third quarter, and the maker of ships, tanks and business jets cited a significant rise in its backlog.
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Biogen Shares Turn Lower; Analyst Says Key MS Drug Sales Missed Expectations

Wed, 10/22/2014 - 8:37am
Shares of Biogen Idec turned lower in premarket trade, and were recently down 3%, with RBC Capital Markets analysts saying third-quarter sales of its key multiple sclerosis treatment, Tecfidera, were below consensus expectations.
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Consumer Prices Tick Higher, Energy Costs Fall

Wed, 10/22/2014 - 8:32am
Consumer prices rose marginally in September as energy costs fell broadly, painting a weak inflation picture that should give the Fed room to keep rates low.
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Consumer Prices Rise Slightly In September On Higher Food, Housing Costs

Wed, 10/22/2014 - 8:30am
U.S. consumer prices rose slightly in September owing to higher costs for food and housing, but inflationary pressures continue to be held in check by falling energy expenses.
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Sears Again Looks for More Cash to Boost Confidence

Wed, 10/22/2014 - 8:28am
Sears Holdings Corp said it would raise as much as $625 million through an unsecured loan and equity warrants, its third fundraising in a month, as it seeks to ease suppliers' concerns about its finances going into the critical holiday season.
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Leading Drugmakers Team Up for Ebola Vaccine Development

Wed, 10/22/2014 - 8:25am
Leading drugmakers plan to work together to accelerate development of an Ebola vaccine and produce millions of doses of the most effective experimental product for use next year.
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Northrop Grumman beats on earnings, raises 2014 outlook

Wed, 10/22/2014 - 8:23am
U.S. weapons maker Northrop Grumman Corp on Wednesday reported a higher-than-expected profit for the third quarter and raised its earnings outlook for the full year.
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Strong passenger jet deliveries help Boeing earn $1.36B, topping Wall Street forecasts

Wed, 10/22/2014 - 8:18am
Robust demand for commercial jets and an increased pace of production helped Boeing earn $1.36 billion in the third quarter, up 18 percent from the same period last year.
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Abbott Third-Quarter Sales Match Street Views

Wed, 10/22/2014 - 8:13am
Abbott Laboratories said its third-quarter sales were in line with Wall Street forecasts and that it had slightly changed the terms of a deal to sell generic drugs to Mylan Inc.
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Siemens Sees Catch-Up to Rivals Starting in 2018

Wed, 10/22/2014 - 8:10am
German engineering group Siemens may need until 2018 before it can start to catch up with major rivals in terms of sales growth, its chief executive told a German magazine.
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Dow Chemical Profit Beats, Plastics Sales Rise

Wed, 10/22/2014 - 7:59am
The top chemical maker by sales posted better-than-expected quarterly profit helped by higher sales in its plastics and performance materials business units.
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Equity Futures Dip with Inflation Data, Earnings on Tap

Wed, 10/22/2014 - 7:52am
Wall Street looked set for a lower open on Wednesday as U.S. equity futures pointed to the downside after strong gains from the previous session.
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Former Luxembourg leader Jean-Claude Juncker confirmed as new EU Commission chief

Wed, 10/22/2014 - 7:46am
The European Union legislature has approved the appointment of former Luxembourg leader Jean-Claude Juncker as the new EU Commission president molding policies of the 28-nation bloc for the next five years.
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J&J to spend up to $200 million in push to speed up potential Ebola vaccine development

Wed, 10/22/2014 - 7:42am
Johnson & Johnson will start safety testing in early January on a vaccine combination that could protect people from a strain of the deadly Ebola virus.
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Egypt sets Jan. 1, 2015 appeal hearing for convicted reporters of Al-Jazeera English channel

Wed, 10/22/2014 - 7:18am
A Cairo court has set an appeals hearing for three Al-Jazeera English journalists convicted of terrorism-related charges last June amid widespread international condemnation.
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Dominoes with his staff or dining with the rich, Oscar de la Renta crossed worlds

Wed, 10/22/2014 - 7:18am
Fun, sunny, romantic.
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American video journalist who recovered from Ebola to be released from Omaha hospital

Wed, 10/22/2014 - 7:18am
An American video journalist who has recovered from Ebola will be released soon from an Omaha hospital.
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