Wedbush Securities upgraded its rating on shares of Idenix Pharmaceuticals Inc. (NASDAQ: IDIX) to outperform from neutral. The brokerage also raised its fair value estimate to $11 from $6.
The NBA Players Association decided to reject the league owners' latest offer and begin the decertification process on Monday in a move that could derail the entire NBA season, according to commissioner David Stern.
Alleged victims of former PSU defensive coordinator Jerry Sandusky are working on civil suits against the university over the administration's failure to take action, and may feature individual suits against head coach Joe Paterno and officials Tim Curley and Gary Schultz. As more victims come forward, criticism of Paterno and Penn State following the grand jury report findings are growing.
Kim Kardashian has hired a lawyer to fight back against allegations from a former publicist that her short-lived marriage to Kris Humphries was a staged event aimed at generating money and buzz, reports TMZ.
A North Carolina couple is suing Air Tran Airways, claiming that their flight had cockroaches coming out of air vents and storage areas. The flight staff, they alleged, ignored their concerns.
California-based distributors of medical marijuana have been ordered to shut down operations by Saturday. The move is part of a federal crackdown after weeks of conflict between prosecutors and distributors.
Penn State assistant coach Mike McQueary has been placed on indefinite administrative leave, according to the school's interim president.
A legal battle pitting a large media conglomerate and a user-generated content distributor against each other could lead to changes in the way the public engages with the media, according to two lawyers familiar with the case.
The 20-year-old who accused Justin Bieber of fathering her three-month-old son recently sat down with Kevin Frazier of CBS' The Insider to discuss the ongoing saga.
AT&T Inc complained on Wednesday that the Justice Department was too slow in telling who its witnesses would be as the government seeks to block the telecommunications giant's acquisition of rival T-Mobile USA.
Penn State wide receivers coach Mike McQueary won't coach against Nebraska on Saturday due to safety concerns, according to the school.
New Jersey voters have passed a referendum to allow sports betting. A majority of those who voted were in favor of allowing casinos and race tracks the chance to place sporting bets, provided that the federal government repealed laws currently restricting it to just four states.
The wide receivers coach told a grand jury he saw Sandusky rape a boy.
The Hollywood Foreign Press Association's board of directors has named Morgan Freeman recipient of the 2012 Cecil B. DeMille Award, the HFPA announced on Wednesday.
T-Mobile reported Thursday a 2.8 percent net income boost to $332 million in the third quarter compared to the year-earlier period.
Olympus Corp's use of accounting tricks to hide big losses has raised questions about whether its auditors, the Japanese arms of global giants KPMG and Ernst & Young, should have done more to follow up on red flags.
The fight over the AT&T/T-Mobile merger is heating up, and the argument is focused on jobs.
The holiday album is Bieber's third number one album in Billboard 200 history.
The conflict between California's legalization of marijuana and a federal crackdown intensified this week, as lawyers acting on behalf of dispensaries and medical marijuana patients sought to halt government enforcement they said was unconstitutional.
Teen sensation Justin Bieber is allegedly the father of 3-months old love child and the baby's mother, 20-year old Mariah Yeater claims her son was the result of a brief sexual encounter she had with Bieber at a Los Angeles performance last year. However, the singer has denied this allegation saying he has never met Yeater and has also agreed to take a DNA test to prove it.
Many people would -- and some have probably tried to -- sell their own mothers in order to get into a major motion picture. Not Bilal Ahmed.
Ousted Spider-man director Julie Taymor sued the Broadway musical's producers on Tuesday for copyright infringement, claiming the show that was revamped after she left retained some of her original work.