Articles in Business

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Merck Up on OncoEthix Acquisition Deal, Oncology in Focus - Analyst Blog

Merck & Co. Inc. ( MRK ) announced that it has acquired through a subsidiary, a privately held Swiss biotech company, OncoEthix, for up to $375 million. Merck's shares were up 2.3% following... Read >>

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ALLETE Buys NRG Energy's Storm Lake 1 Iowa Wind Farm - Analyst Blog

A wholly owned business wing of ALLETE, Inc. ( ALE ), ALLETE Clean Energy, has acquired NRG Energy, Inc.'s ( NRG ) 108 megawatt ("MW") wind generation facility in Storm Lake, IA. The... Read >>

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Starwood Expands in Colombia with Four Points by Sheraton - Analyst Blog

Starwood Hotels & Resorts Worldwide, Inc. ( HOT ) announced the opening of two hotels in Colombia, at Bogota and Barranquilla, under the brand Four Points by Sheraton. These hotels will be... Read >>

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U.S. Bancorp to Pay $6M to Settle Trustee Role Related Suit - Analyst Blog

U.S. Bancorp ( USB ) is set to shell out $6 million to settle a complaint filed as a class action by Oklahoma Police Pension and Retirement System in 2011, per a Reuters report. The company's... Read >>

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Wells Fargo Brokerage Units Fined by FINRA for AML Failures - Analyst Blog

Two brokerage divisions of Wells Fargo & Company ( WFC ) Wells Fargo Advisors ('WFA') and Wells Fargo Advisors Financial Network ('WFAFN') has been penalized with a joint fine of $1.5 million... Read >>

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West Elm, Kate Spade Saturday Launch New Collection - Analyst Blog

West Elm, one of the iconic home furnishings brands of Williams Sonoma, Inc. ( WSM ), recently entered into a partnership with Kate Spade Saturday, fashion and lifestyle brand of Kate Spade &... Read >>

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General Motors (GM) Halts Deliveries to Dealers in Russia - Analyst Blog

General Motors Company ( GM ) announced that it has halted the delivery of vehicles to dealerships in Russia. The automaker was forced to undertake this step due to the volatility in the ruble... Read >>

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AstraZeneca's Lynparza Approved in EU for Ovarian Cancer - Analyst Blog

The European Commission (EC) approved AstraZeneca 's ( AZN ) Lynparza as a monotherapy for the maintenance treatment of adults suffering from platinum sensitive relapsed BRCA mutated high grade... Read >>

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Coca-Cola Enterprises 2015 Profits to be Hit by Fx Woes - Analyst Blog

At a recent annual business update meeting, Coca Cola Enterprises Inc. ( CCE ) maintained its previously issued 2014 guidance. Moreover, the western European bottler of The Coca Cola Company ( KO... Read >>

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Boeing Gets a Couple of 737-800 Orders from BOC Aviation - Analyst Blog

Commercial aerospace behemoth The Boeing Company ( BA ) received another order for its premier single aisle 737 800 airplane from Singapore based leasing company BOC Aviation. BOC Aviation ordered... Read >>