U.S. cancer drug company Medivation is discussing opening its books to Sanofi, people familiar with the matter said on Tuesday. » Read More
SUMMIT, N.J.-- Biotech drugmaker Celgene Corp. on Thursday reported a 13.7 percent jump in third-quarter profit as higher sales of its key drug offset declines for a couple other medicines and increased spending on research and marketing.
*Q3 FF0 $1.99/ share vs Street view $1.92. Oct 25- Simon Property Group Inc reported a 19 percent increase in a key earnings measure Thursday on higher rents and sales at its malls and outlet centers, easily beating estimates, and the real estate investment trust raised its outlook for the year.
LONDON-- The scale of the child sex abuse scandal engulfing the BBC expanded on Thursday as authorities announced that 300 potential victims had come forward with accusations against one of the broadcaster's most popular children's entertainers and that others might have acted with him.
Oct 25- U.S. heavy truck maker Paccar Inc reported lower quarterly profit and sales, reflecting lower industry truck orders in Europe and North America due to an uneven economy, but beat Wall Street estimates.
*Adjusted EPS 54 cents vs avg estimate 46 cents. Oct 25- Goldcorp Inc, the No. 2 Canadian gold miner, reported a 48 percent increase in quarterly profit on Thursday, as improved performance at its Red Lake and Penasquito mines led to strong gold and silver sales.
Oct 25- United Continental Holdings Inc, the world's biggest airline, reported a lower-than-expected quarterly profit on Thursday as revenue fell and expenses rose.
LAKE FOREST, Ill.-- Boat and sporting-goods maker Brunswick Corp. posted a 57 percent drop in third-quarter earnings Thursday as large restructuring and other charges limited its gain. The company said net earnings for the July-through-September period were $2 million, or 2 cents per share.
IMF TAKE: Portugal's financial recovery program is entering a risky phase as it struggles to cut its heavy debt load amid a continuing recession, growing unemployment and mounting opposition to austerity measures.
AUSTIN, Texas-- SolarWinds' third-quarter profit rose 8 percent, helped by steep increases in both license and maintenance revenue. SolarWinds said its license revenue jumped 33 percent to $34 million, while maintenance revenue increased 33 percent to $37.7 million.
ST. LOUIS-- Build-A-Bear Workshop Inc.' s shares plunged Thursday after the toy retailer posted a third-quarter loss and said it would close up to 60 stores. The St. Louis- based company, which sells make-it-yourself teddy bears and other dolls, has struggled for some time with weak sales.
NEW YORK-- Travelzoo's third-quarter net income fell 42 percent due to declining sales on its airline search site.
WASHINGTON, Oct 25- Contracts to buy previously owned U.S. homes rose far less than expected in September, an industry group said on Thursday, but the data continued to point to an improving tone in the housing market. The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in September, gained 0.3 percent to 99.5.
NORTH KINGSTOWN, R.I.-- A $7.5 million dredging project designed to allow ships to more easily access Quonset's Port of Davisville is getting under way _ with the scoop of a massive dredging bucket that can lift two dump trucks' worth of material at a time.
ST. PAUL, Minn.-- An election-eve terrorist strike. Democratic President Barack Obama and Republican rival Mitt Romney are on guard for anything that could push the presidential race from its taut course. They've got a plan and they are now going to execute it, "said Carter Eskew, a top strategist for Democrat Al Gore during a 2000 campaign that came up just short."
RIO DE JANEIRO, Oct 25- Brazilian mining company Vale plans to sell underperforming assets in a broad push to control costs and boost profitability, executives said on Thursday, a day after the company posted weak earnings and put a major investment on hold in the West African nation of Guinea.
NEW YORK-- Emma Roberts isn't just making a name for herself as a rising star in Hollywood _ she has four films in the works _ she's also leaving her mark in the world of fashion. The 21- year-old routinely gets name-checked in magazines for her style on the red carpet and off, and she's a coveted front-row guest at fashion shows.
*Lazard will meet 25 percent margin target by 2014- CEO. Oct 25- Lazard Ltd plans to cut $125 million in costs each year, mainly through staff reductions, the investment bank said on Thursday, as it works to meet an aggressive profit goal in a weak market for its financial advisory services.
PROVIDENCE, R.I.-- Rhode Island's tax amnesty program has generated nearly $7.4 million in payments from people behind on their taxes. The state Division of Taxation said Thursday that it has received 2,792 applications since the amnesty period began Sept. 2.
BOISE, Idaho-- Legal challenges facing an Idaho wind energy company are mounting, after a contractor building one of its projects in Minnesota went to court asking a judge to hand over control.
NEW YORK-- The Statue of Liberty is set to reopen to the public on Sunday, the U.S. landmark's 126th anniversary. The statue has been closed since last October for renovation to its interior, although the public has been allowed to visit its Liberty Island grounds in New York Harbor. The statue, a gift from France, was dedicated on Oct. 28, 1886.