Belgian drugmaker UCB forecast revenue and profit would fall this year as generic competition was expected to halve European sales of its top-selling drug.
The BSE Sensex was on track for its second weekly fall in a row as the market seesawed on Friday after a muted response to a government stake sale in Oil and Natural Gas Corp (ONGC.NS) raised concerns about divestment programmes.
U.S. 30-year fixed rate mortgage rates fell to 3.90 percent in the week ending March 1, down from 3.95 percent in the prior week, according to Freddie Mac.
The Nasdaq composite index crossed 3000 for the first time in more than a decade but finished in red following the testimony from Federal Reserve chairman Ben Bernanke which checked market expectations of more monetary easing.
Orders for U.S. factory goods fell in January, as demand for items including machinery and aircraft fell. The decline of 4 percent is the steepest since January 2009, ending two consecutive months of increases and suggesting the economy might not be quite as robust as many experts have believed.
Apple’s next generation iPhone is in the news again, and this time, the rumor is all about the release date. According to Macotakara, a Japanese blog, the next generation iPhone, which is likely to be called the iPhone 5, is expected to be released sometime in October 2012, which is not in line with Apple’s traditional release date of the iPhone.
Clearwire Corp shares fell 6 percent on Friday after Google Inc said it would sell its stake in the company.
Shares in Clearwire Corp fell 6 percent on Friday after an analyst said a decision by Google Inc to sell its Clearwire stake at a discount could be followed by other investors ditching their shares in the wireless service provider.
Some climate scientists believe that a massive drought struck the regions of Classic Mayan Civilization and persisted for 200 years from AD 800 to 1000, around the same period when the civilization collapsed.
Shares of Hewlett-Packard Co were down 2 percent in premarket trading on Thursday after the world's No. 1 computer maker posted a sharp decline in quarterly earnings and warned it would take several years to turn around its sprawling businesses.
Shares of Dell, the No. 3 PC maker, look likely to fall sharply Wednesday after the company reported earnings below estimates and issued a dismal forecast.
Shares of Dell Inc fell more than 7 percent in premarket trading on Wednesday, after the world's No.3 personal computer maker forecast weak sales for the current quarter.
Apple fans may need to wait a little longer for the iPhone 5 to release than previous rumors suggested. Japanese blog Macotakara now says the highly anticipated handset will debut in September or October.
A rare natural phenomenon occurs at a little-known Yosemite waterfall each February. For two weeks only, Horsetail Fall turns red at sunset, making the waterfall appear like it's flowing with lava as a firefall.
Magenta lips. Printed pants. Snakeskin. Color-blocking. All these major Fall 2012 trends were showcased during J.Crew's New York Fashion Week show.
An astonishing site occurred in Yosemite National Park, Calif. where it appeared that a waterfall suddenly turned to fire and magma began to pour off the cliff of Horsetail Fall.
The Fall 2012 runways at New York Fashion Week boasted some stunning new dress styles for the upcoming season including fur accents, lower hemlines, bright crimson hues and bold patterns.
Asian shares fell and the euro slipped to a 3-week low on Thursday as another delay in cementing a crucial bailout for Greece underscored how far Europe is from resolving a debt crisis that threatens the stability of the financial system.
Clearwire Corp said its 2012 revenue may fall, or at best remain at 2011 levels, as it faces increased competition at its biggest customer, Sprint Nextel , sending its shares down nearly 9 percent in after hours trade.
Clearwire Corp said its 2012 revenue may fall, or at best remain at 2011 levels, as it faces increased competition at its biggest customer Sprint Nextel, sending its shares down more than 5 percent in late trade.
Zynga Inc failed to boost the ranks of its online players compared to the earlier quarter, fanning worries that it will have to rely on new games and other ways to squeeze more revenue out of its users.
Zynga Inc failed to boost the ranks of its online gamers in its first quarter as a public company, fanning worries that it will have to rely on new games and other ways to squeeze more revenue out of existing users.
