Business

European Equity Benchmarks Close Higher

European Equity Benchmarks Close Higher

The broad-based major European indices closed higher in Thursday’s trading session, as bank stocks and industrials lifted the markets into positive territory. In economic news, Eurostat, the statistical office of the European Union, said in Q4 of 2016 the gross weight of goods handled in the main ports of the European Union (EU) was more than 950 million tons, which[Read More…]

by October 2, 2017 0 comments Business
Royal Dutch Shell to Invest $1 Bln in Developing ‘Smart’ Electric Charging Technologies

Royal Dutch Shell to Invest $1 Bln in Developing ‘Smart’ Electric Charging Technologies

Royal Dutch Shell (RDS.A) is working on developing new energy technologies like ‘smart’ electric vehicle charging and models to reduce customers’ energy use, Reuters reported, citing the company. ADRs drifted slightly higher intraday, touching their highest level since The news report said the head of Shell’s new energies division would say on Thursday the company intends to invest up to[Read More…]

by October 2, 2017 0 comments Business, Technology
Accenture Fourth Quarter Earnings Top Wall Street Estimates

Accenture Fourth Quarter Earnings Top Wall Street Estimates

Accenture (ACN), a consulting and outsourcing firm, posted fiscal fourth quarter earnings that topped Wall Street analysts’ expectations on Thursday, helped by rising revenue from cloud and digital services. Net income for the quarter ended August 31 was $983.2 million or $1.48 per diluted share, compared with $1.13 billion, or $1.68 per share, a year earlier, the company said in[Read More…]

by October 2, 2017 0 comments Business
S&P 500 Adds 0.1% on Week, Led by Gains in Telecom

S&P 500 Adds 0.1% on Week, Led by Gains in Telecom

The Standard & Poor’s 500 index ended the week up just 0.1% from last week as gains in sectors including telecommunications and financials managed to slightly outweigh declines in a number of other sectors including real estate, utilities and consumer staples. The market benchmark ended the week at 2502.22, up from last Friday’s closing level of 2,500.23. Last week’s closing[Read More…]

by September 26, 2017 0 comments Business
Merck Gets FDA Nod for Keytruda for Advanced Gastric Cancer

Merck Gets FDA Nod for Keytruda for Advanced Gastric Cancer

Merck & Company (MRK) said on Friday the U.S. Food and Drug Administration has approved Keytruda (pembrolizumab) for the treatment of patients with recurrent locally advanced or metastatic gastric or gastroesophageal junction (GEJ) adenocarcinoma. “Historically, advanced gastric cancer has been particularly challenging to treat, and new treatment options are needed for these patients,” said Charles Fuchs, lead investigator and director[Read More…]

by September 26, 2017 0 comments Business