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  • Chimerix reports 1Q loss Monday, 11 May 2015 | 7:39 AM ET

    DURHAM, N.C. _ Chimerix Inc. on Monday reported a loss of $21.6 million in its first quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 59 cents per share. Chimerix shares have dropped slightly more than 9 percent since the beginning of the year.

  • BioDelivery reports 1Q loss Monday, 11 May 2015 | 7:27 AM ET

    RALEIGH, N.C. _ BioDelivery Sciences International Inc. on Monday reported a loss of $8.2 million in its first quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share. Five analysts surveyed by Zacks expected $10.4 million.

  • Ingles posts 2Q profit Monday, 11 May 2015 | 6:42 AM ET

    ASHEVILLE, N.C. _ Ingles Markets Inc. on Monday reported fiscal second-quarter net income of $14.3 million. The Asheville, North Carolina- based company said it had net income of 71 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Why homebuyers face a tough spring Monday, 11 May 2015 | 6:12 AM ET

    Eager to buy your first home this spring? Bidding wars have broken out in hot real-estate markets like Denver and Los Angeles, where there aren't enough houses to meet demand. "Inventory is still fairly low in a lot of markets across the country," said Skylar Olsen, senior economist at real estate data firm Zillow.

  • LONDON, May 11- Britain's GlaxoSmithKline, which decided last week to retain rather than float off its HIV drugs business, is to collaborate with U.S. scientists in developing a cure for AIDS. GSK is tapping into the latest expertise by creating an HIV Cure centre with the University of North Carolina at Chapel Hill and establishing a new jointly owned company.

  • MIAMI, May 8- Meteorologists expanded a tropical storm warning for part of the North Carolina and South Caroline coastline on Friday, according to the U.S. National Hurricane Center. A warning is now in effect for areas from South Santee River, South Carolina to Cape Lookout, North Carolina, at the southern end of the Outer Banks, it said. It stalled on Friday about 165...

  • May 8- Shares of Bojangles Inc rose as much as 47 percent in their debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion, as investor appetite for "fast-casual" dining chains continues unabated. Bojangles, which operates in the fastest-growing but crowded restaurant segment, serves southern U.S.-inspired food, including buttermilk...

  • MIAMI, May 8- A tropical storm warning has been issued for a portion of North Carolina and South Carolina, the U.S. National Hurricane Center said on Friday. A warning is now in effect for areas from South Santee River, South Carolina to Surf City, North Carolina, it added. "I expect that the worst Ana will be able to do is intensify to a 65- mph tropical storm that brings 4- 6...

  • May 8- Shares of Bojangles Inc rose as much as 47 percent in their debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion as investor appetite for "fast-casual" dining chains continues unabated. Bojangles' rousing debut follows the January listing of cult hamburger chain Shake Shack Inc, whose shares have risen about 44 percent since the...

  • May 7- A low pressure system located about 180 miles south-southeast of the South Carolina- North Carolina border has a 90 percent chance of becoming a tropical cyclone during the next 48 hours, the U.S. National Hurricane Center said on Thursday. "The system would become a subtropical cyclone later Thursday night," the Miami- based weather forecaster said.

  • May 7- Chicken-and-biscuits restaurant chain Bojangles' Inc said its initial public offering of common shares was priced at $19, valuing the company at about $680 million.. The fast-casual restaurant chain's IPO raised about $147 million, with the majority of the proceeds going to its controlling shareholder, private equity firm Advent International Corp..

  • WASHINGTON, May 7- The number of Americans filing new claims for unemployment benefits held near a 15- year low last week in a sign that the labor market was strengthening despite moderate economic growth. Initial claims for state unemployment benefits rose 3,000 to a seasonally adjusted 265,000 for the week ended May 2, the Labor Department said on Thursday.

  • The FAA has been under intense pressure from industry and Congress to allow beyond-line-of-sight operations. Reuters first reported last week that the FAA is in talks with drone manufacturers and operators about testing beyond-line-of-sight drone systems, and an announcement is expected as soon as this week. "We anticipate receiving valuable data from...

  • The FAA has been under intense pressure from industry and Congress to allow beyond-line-of-sight operations. The FAA is in talks with drone manufacturers and operators about testing beyond-line-of-sight drone systems, and an announcement is expected as soon as this week. "We anticipate receiving valuable data from each of these trials that could result in...

  • David Colletti, a former MillerCoors vice president, was charged in an indictment filed in federal court in Chicago with mail and wire fraud for his role in an alleged scheme that caused the company to be falsely billed for promotional events and marketing services. MillerCoors, a U.S. joint venture between SABMiller Plc and Molson Coors Brewing Co was not...

  • IBM's Watson to guide cancer therapies at 14 centers Tuesday, 5 May 2015 | 2:00 PM ET

    NEW YORK, May 5- Fourteen U.S. and Canadian cancer institutes will use International Business Machines Corp's Watson computer system to choose therapies based on a tumor's genetic fingerprints, the company said on Tuesday, the latest step toward bringing personalized cancer treatments to more patients. Faced with such a data deluge, "the solution is going to be...

  • May 4- XPO Logistics Inc reported a smaller quarterly loss and struck its second deal in a week by agreeing to buy U.S.-based Bridge Terminal Transport for $100 million. XPO, which signed its biggest-ever deal last week by agreeing to buy France- based Norbert Dentressangle SA for $3.5 billion including debt, has become a one-stop shop in transportation...

  • WASHINGTON, May 4- New orders for U.S. factory goods recorded their biggest increase in eight months in March, boosted by demand for transportation equipment, but the underlying trend remained weak against the backdrop of a strong dollar. The report on Monday from the Commerce Department was the latest indication that the rebound from the first quarter's...

  • NEW YORK, May 1- U.S. authorities said on Friday that a unit of Express Scripts Holding Co will pay $60 million to resolve claims that it participated in a kickback scheme with Novartis AG to boost sales of a drug that led to improper government reimbursements. Specialty pharmacy Accredo Health Group Inc has agreed to pay $45.1 million to the federal government...

  • WASHINGTON, May 1- U.S. factory activity failed to gain steam in April after slowing for five straight months, but stronger-than-expected vehicle sales suggested the economy was finding some momentum after almost stalling in the first quarter. "The reacceleration in growth will not come fast enough for many, especially those looking for a liftoff by the Fed to...