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  • New ownership for bike shares in NYC, elsewhere Wednesday, 29 Oct 2014 | 10:48 AM ET

    NEW YORK— New York City's bike-sharing program is getting new owners who will improve service and double the system's size within three years, officials announced Tuesday. "Anyone who uses Citi Bike regularly knows that it should be more reliable, it should be easier to use and it should be accessible to more of the city," said newly minted bike-share CEO Jay Walder,...

  • Ford recalls 205,000 SUVs for fuel tank leaks Wednesday, 29 Oct 2014 | 10:47 AM ET

    DEARBORN, Mich.— Ford is recalling about 205,000 SUVs in cold-weather states and parts of Canada to fix gas tanks that can rust, leak and cause a fire. The recall affects Ford Edge and Lincoln MKX vehicles from the 2007 and 2008 model years. The SUVs are being recalled in Connecticut, Delaware, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan,...

  • UPDATE 1-Behind the scenes of Sanofi's boardroom bust up Wednesday, 29 Oct 2014 | 8:25 AM ET

    PARIS, Oct 29- A boardroom tussle brewing for months at Sanofi came to a head on Wednesday when France's top drugmaker fired its chief executive, wiping more billions off its share price. While the showdown played out in leaks to national newspapers has stunned investors as a "how not to do it" guide to corporate governance, the writing was on the wall in the...

  • UPDATE 4-French drugmaker Sanofi sacks CEO Viehbacher Wednesday, 29 Oct 2014 | 5:42 AM ET

    *Sanofi board says not changing company's strategy. PARIS, Oct 29- Sanofi's board ousted its chief executive of six years at a special meeting on Wednesday, two days after it emerged he had fallen out with the French drugmaker's chairman, wiping more billions off its market value. The board said Sanofi would continue the strategy of international expansion...

  • Cabot beats 4Q profit forecasts Wednesday, 29 Oct 2014 | 5:03 AM ET

    BOSTON _ Cabot Corp. on Wednesday reported profit of $33 million in its fiscal fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share. Analysts expected $933.3 million, according to Zacks.

  • LeMaitre misses 3Q profit forecasts Wednesday, 29 Oct 2014 | 5:03 AM ET

    BURLINGTON, Mass. _ LeMaitre Vascular Inc. on Wednesday reported profit of $934,000 in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. Analysts expected $17.1 million, according to Zacks.

  • Sanofi ousts CEO over management style, sales drop Wednesday, 29 Oct 2014 | 4:37 AM ET

    PARIS— French drugmaker Sanofi sacked its CEO Wednesday following a board room rift over his way of handling one of France's largest publicly traded companies. Christopher Viehbacher, the first non-Frenchman to lead Sanofi, was dismissed after six years running the company that traces its roots to the early 19th century. He orchestrated the $20 billion...

  • JAKARTA, Oct 29- Born in poverty in a rebel stronghold, Indonesia's new chief economics minister once sold duck eggs on the street to pay his school fees. Sofyan Djalil later studied law in Indonesia and then went to Tufts University in the United States where he received two masters' degrees and a doctorate. "is reportedly close to Vice President Jusuf Kalla, and...

  • Watts Water tops 3Q profit forecasts Tuesday, 28 Oct 2014 | 7:27 PM ET

    NORTH ANDOVER, Mass. _ Watts Water Technologies Inc. on Tuesday reported earnings of $22.6 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Analysts expected $387.1 million, according to Zacks.

  • Boston Properties reports 3Q results Tuesday, 28 Oct 2014 | 6:48 PM ET

    BOSTON _ Boston Properties Inc. on Tuesday reported a key measure of profitability in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of $1.37 per share. Boston Properties expects full-year funds from operations to be $5.24 to $5.26 per share.

  • Mercury Systems tops Street 1Q forecasts Tuesday, 28 Oct 2014 | 6:15 PM ET

    CHELMSFORD, Mass. _ Mercury Systems Inc. on Tuesday reported earnings of $499,000 in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share. For the current quarter ending in December, Mercury Systems said it expects revenue in the range of $54 million to $58 million.

  • Franklin Street reports 3Q results Tuesday, 28 Oct 2014 | 5:54 PM ET

    WAKEFIELD, Mass. _ Franklin Street Properties Corp. on Tuesday reported a key measure of profitability in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of 27 cents per share. Analysts expected $60.4 million, according to Zacks.

  • Wynn reports 3Q drop in Macau, rise in Las Vegas Tuesday, 28 Oct 2014 | 5:53 PM ET

    LAS VEGAS— Las Vegas was good to Wynn Resorts Ltd. in the third quarter but not enough to make up for a stormy three months in Macau. Wynn reported Tuesday that the company's revenue dropped 1.4 percent to $1.37 billion in the quarter as gains in Vegas were offset by a decline in Macau, its biggest market. A majority of Wynn Resorts revenue— $942 million in the third...

  • Dyax beats Street 3Q forecasts Tuesday, 28 Oct 2014 | 5:48 PM ET

    BURLINGTON, Mass. _ Dyax Corp. on Tuesday reported a loss of $816,000 in its third quarter. Dyax shares have risen 49 percent since the beginning of the year. DYAX stock research report from Zacks.

  • Aspen Technology beats Street 1Q forecasts Tuesday, 28 Oct 2014 | 5:13 PM ET

    BURLINGTON, Mass. _ Aspen Technology Inc. on Tuesday reported profit of $29 million in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Analysts expected $103.5 million, according to Zacks.

  • Vertex tops Street 3Q forecasts Tuesday, 28 Oct 2014 | 4:36 PM ET

    BOSTON— BOSTON— Vertex Pharmaceuticals Inc. on Tuesday reported a loss of $170.1 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 54 cents per share. Analysts expected $143.5 million, according to Zacks.

  • Oct 28- The Philadelphia City Council opposed the $1.86 billion sale of the city's gas company, Philadelphia Gas Works, to Connecticut- based energy company UIL Holdings Corp.. The city council informed Philadelphia Mayor Michael Nutter on Monday that "the financial and public policy risks associated with the sale proposal outweighed the stated benefits to...

  • Alere reports 3Q loss Tuesday, 28 Oct 2014 | 9:43 AM ET

    WALTHAM, Mass. _ Alere Inc. on Tuesday reported a loss of $86.1 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share. Analysts expected $748.2 million, according to Zacks.

  • Cynosure posts 3Q profit Tuesday, 28 Oct 2014 | 8:37 AM ET

    WESTFORD, Mass. _ Cynosure Inc. on Tuesday reported earnings of $3.1 million in its third quarter. The Westford, Massachusetts- based company said it had profit of 14 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Entegris reports 3Q loss Tuesday, 28 Oct 2014 | 8:21 AM ET

    BILLERICA, Mass. _ Entegris Inc. on Tuesday reported a third-quarter loss of $1.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. For the current quarter ending in December, Entegris expects its per-share earnings to range from 15 cents to 21 cents.