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Knight Capital heads into make-or-break weekend
- Knight Capital Group Inc's future remained in flux as it headed into the weekend trying to clinch a rescue deal, but there was skepticism on Wall Street that one of the largest U.S. equities trading firms would find a suitor before Monday. | Video
Shares of Internet darling LinkedIn, media stalwart CBS jump
- Shares of professional networking website LinkedIn Corp and broadcaster CBS Corp shot up after both companies delivered better-than-expected results.
Skullcandy shares up on quarterly results beat
- Skullcandy Inc shares were set to open about 11 percent higher on Friday after the headphone maker posted better-than-expected quarterly results on higher growth across all its businesses.
Health Net, WellCare warn on Medicaid squeeze
- Managed care companies Health Net Inc and WellCare Health Plans Inc warned earnings would be under pressure from rising healthcare expenses as state and federal governments cut spending on Medicaid plans.
Hopes dim for Sharp amid Japan's TV industry sunset
TOKYO - Sharp Corp shares tumbled nearly 30 percent to their lowest closing level since 1976 on Friday as investors questioned whether Japan's last major maker of television panels will survive the sunset of the country's TV industry.
Obagi Medical shares down as buyout chances recede
- Obagi Medical Products Inc's shares plunged 29 percent after the company said it had not hired any financial advisers for a strategic evaluation, reducing chances of a buyout deal.
Globus Medical shares rise in market debut
- Globus Medical Inc's shares soared in their market debut a day after the spinal implant manufacturer priced its offering at the low end of an already slashed price range.
Givaudan's H1 margin slip gives rise to dividend fear
ZURICH - Sliding margins at the world's largest fragrance and flavors maker Givaudan raised fears that it may not be able to keep its promise to increase payouts to shareholders.
Two cheers from Vestas for U.S. wind tax credit shift
COPENHAGEN - An approval by U.S. Senate tax writers to add a production tax credit for wind energy back into a Senate Finance legislation late on Thursday brought back hope of aid for Danish wind turbine manufacturer Vestas in the U.S. market.
Incyte shares fall on new revenue recognition model
- Incyte Corp shares plunged as much as 29 percent after the company changed the way it recognizes revenue, creating uncertainty around the sales forecast for its key bone marrow disease drug.
No related earnings announcements are currently scheduled within the next 7 days.