RBC Capital Markets continues to believe that Teva Pharmaceutical Industries Ltd.'s (NASDAQ: TEVA) generic Copaxone is unlikely in the near term. The brokerage also said FDA denied Copaxone Citizen Petition (CP) as it is premature to make a decision on generic approvability.
Private sector employment in the US rose in March, indicating improved labor conditions. U.S. nonfarm employment increased by 201,000 in March compared with downwardly revised figure of 208,000 jobs in February, ADP report showed on Wednesday.
Japanese auto major Nissan Motors is committed to making all efforts to support the restoration of the areas impacted by the earthquake, with sincere hopes that relief and recovery progresses as quickly as possible, the carmaker said in a statement.
The UK economy contracted less than previously estimated in the fourth quarter last year, as services and manufacturing output was revised higher.
The total bill for materials in a Nintendo 3DS is about $100, a 33 percent increase over the previous incarnations of the device.
Personal spending in the US rose more than expected in February while income increased less than expected, indicating that the average consumer is growing more confident about the economic recovery.
The Germany based car company has introduced its new car Porsche 918 Spyder, clocking in at an incredible $845,000. The company will only produce 918 models. Manufacturing will begin September 13, 2013 in Germany.
Brean Murray Carret & Co. cut its profit estimates and price target of Phillips-Van Heusen Corp. (NYSE: PVH), saying it makes more sense in the current environment to be conservative.
The UK factory orders rose to a three-year high in March as strengthening domestic demand boosted manufacturing output in the country.
Sony Corp. has suspended production at more Japanese plants after a massive earthquake on March 11 has made it difficult for the plants to get raw materials and components.
Citing patent multiple infringements Microsoft is suing Barnes and Noble over features in the Nook's Android OS
Though the human tragedy caused by the Japan disaster is incalculable, its economic impact may be less harsh than previously thought. An analyst said on Monday there will be some near-term impact but it will not be sufficient to dent the region’s strong growth prospects this year.
Apple may face supply chain disruptions for its newly launched iPad 2 as a 9 magnitude earthquake in Japan impacted several component makers for the tablet, according to a report from IHS.
Apple may face supply chain disruptions for its newly launched iPad 2 as a 9 magnitude earthquake in Japan impacted several component makers for the tablet.
A number of Japanese companies have reported disruptions to their supply chains in the wake of the the earthquake there.
There are divergent views about the impact of the Japanese triple tragedy on the global economy. While some say the impact will be limited mainly to bottlenecks in the global manufacturing supply chain, others have said the Japanese disaster will have longer-term effects a wider cross section of global economy.
U.S. stocks plunged on Tuesday, following sell-off in European and Asian stock markets on escalating fears of a nuclear crisis after a radiation leak was detected at the Fukushima Daiichi nuclear plant.
Manufacturing activity in New York State expanded more than expected in March, reaching the highest levels since June 2010.
The Japan earthquake and tsunami could result in significant shortages of certain electronic components, potentially causing dramatic price increases, a market reaserch firm said.
The number of employed people in the eurozone rose in the last quarter of 2010, as hiring increased in the agriculture and financial services sectors.
U.S. stock futures point to a sharply lower opening for Wall Street Tuesday, following slump in European and Asian stock markets amid fears of a nuclear disaster in Japan.
Texas Instruments said it expects loss of revenue in the first quarter and second quarter as the Japan earthquake caused substantial damage to its Miho plant in the country.
