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Biogen Gains U.S. Approval to Sell Its First Pill for MS
*from www.bloomberg.com, Mar. 28, 2013 (To view original article click here.)
Take Away #1: Biogen Idec Inc., the fourth largest U.S. biotech company by market value, rose to a record after it won U.S. approval for its first pill for multiple...
Economy in U.S. Grew at Revised 0.4% Pace in Fourth Quarter
*from www.bloomberg.com, Mar. 28, 2013 (To view original article click here.)
Take Away #1: The U.S. economy grew at a faster pace than previously estimated in the fourth quarter, reflecting a bigger gain in business spending and a smaller...
Stocks Fall as Euro Hits Four-Month Low; Italy Bonds Drop
*from www.bloomberg.com, Mar. 27, 2013 (To view original article click here.)
Take Away #1: Stocks fell and the euro weakened to a four-month low against the dollar, while Treasuries rallied and Italian and Spanish bonds slumped over concerns...
Lehman Plans to Distribute $14.2 Billion to Creditors
*from www.reuters.com, Mar. 27, 2013 (To view original article click here.)
Take Away #1: Lehman Brothers Holdings Inc. said it plans to distribute about $14.2 billion to creditors early next month, as the company winds down following its emergence...
S&P 500 Rebounds Toward Record on Housing, Orders Data
*from www.bloomberg.com, Mar. 26, 2013 (To view original article click here.)
Take Away #1: U.S. stocks rose, as the S&P 500 Index rebounded within four points of its record, after orders for durable goods climbed and home prices increased.
Key...
U.S. Approves Nasdaq Payback Plan for Facebook IPO, UBS Unhappy
*from www.reuters.com, Mar. 25, 2013 (To view original article click here.)
Take Away #1: Regulators approved Nasdaq OMX Group’s $62 million compensation plan for firms that lost money in Facebook Inc.’s glitch ridden market debut.
Key...
Stocks, Euro Slump as Enthusiasm for Cyprus Bailout Fades
*from www.bloomberg.com, Mar. 25, 2013 (To view original article click here.)
Take Away #1: Stocks slid, erasing early gains, amid concern that Cyprus’ bank restructuring plan will pave the way for losses on deposits in other European nations.
Key...
NRG Skirts Utilities Taking Solar Panels to U.S. Rooftop
*from www.bloomberg.com, Mar. 25, 2013 (To view original article click here.)
Take Away #1: NRG Energy Inc. (NRG), becomes a renegade in the $370 billion energy-distribution industry by providing electricity directly to consumers.
Key Facts...
U.S. Stocks Rise on Earnings Amid Cyprus Bailout Debate
*from www.bloomberg.com, Mar. 22, 2013 (To view original article click here.)
Take Away #1: U.S. stocks rose, paring the second weekly decline of the year for the S&P 500 Index as Nike Inc. and Tiffany & Co. beat earnings estimates.
Key...
BlackBerry’s U.S. Debut Marks Biggest Test of Comeback
*from www.bloomberg.com, Mar. 22, 2013 (To view original article click here.)
Take Away #1: BlackBerry (BBRY)’s new Z10 smartphone goes on sale in the U.S. today, almost two months after its debut in other countries.
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