Top News & Analysis New York City

More

  • NEW YORK _ Moelis& Co. on Tuesday reported fourth-quarter net income of $11.2 million, after reporting a loss in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. Moelis shares have dropped 15 percent since the beginning of the year.

  • NEW YORK _ Prospect Capital Corp. on Tuesday reported a fiscal second-quarter loss of $95.1 million, after reporting a profit in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. Prospect Capital shares have decreased 25 percent since the beginning of the year.

  • The FDA usually, but not always, follows the advice of its advisory panels. But the FDA has previously determined it may be appropriate to license biosimilars for additional conditions for which a branded product is approved, even if the biosimilar has not been tested for them. Steven Solga, head of gastroenterology at St. Luke's University Hospital in Bethlehem,...

  • NEW YORK _ Castle Brands Inc. on Tuesday reported a loss of $808,000 in its fiscal third quarter. The New York- based company said it had a loss of 1 cent per share. Keywords: Castle Brands, Earnings Report.

  • NEW YORK _ INTL FCStone Inc. on Tuesday reported fiscal first-quarter profit of $8.8 million. The company, based in New York, said it had earnings of 46 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Feb 9- American Express Co wants to grow small-business lending to make up for revenue it expects to lose after its credit card partnership with Costco Wholesale Corp ends this year. The planned end of the partnership in March has been delayed a few months because it has taken more time to move customers to a new card, the Seattle Times reported last week.

  • NEW YORK, Feb 9- A U.S. judge said Tuesday that he would likely delay the release of a report detailing how well HSBC Holdings Plc has complied with anti-money laundering requirements until a federal appeals court could weigh in. District Judge John Gleeson in Brooklyn, New York, did not rule on whether he would put on hold his order requiring the unsealing of a...

  • NEW YORK— In a television competition between notorious criminals, O.J. Simpson topped Bernard Madoff. ABC's two-part movie on Madoff, which starred Richard Dreyfuss as the swindler, had more viewers watching when it originally aired than the Simpson premiere, but far fewer who caught it later. Typically the year's most-watched event, the Super Bowl had just...

  • 2. " Super Bowl Post- Game", CBS, 101.93 million. 3. " Super Bowl Post- Game", CBS, 70.01 million. 4. "The Big Bang Theory," CBS, 15.29 million.

  • *Yellen to defend Fed rate hikes in Congress. Feb 9- U.S. stocks ended a volatile session slightly lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices. Shares of Anadarko Petroleum dropped 7 percent to $37.24.

  • NEW YORK— Stocks that moved substantially Tuesday on the New York Stock Exchange and the Nasdaq stock market:. Wyndham Worldwide Corp., up $1.58 to $63.21. Coca-Cola Co., up 65 cents to $43.30.

  • *U.S. shares erase most losses to end slightly lower. Index of top European shares hits lowest since Sept' 13. NEW YORK, Feb 9- U.S. stocks recovered from early losses to end slightly lower on Tuesday while European shares plunged for a second straight day on fears of slowing global growth, with particular concern over the health of the banking sector.

  • *Yellen to defend Fed rate hikes in Congress. Feb 9- U.S. stocks ended a volatile session barely lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices. Shares of Anadarko Petroleum dropped 7 percent to $37.24.

  • OHR reports 1Q loss 2 Hours Ago

    NEW YORK _ Ohr Pharmaceutical Inc. on Tuesday reported a loss of $6.1 million in its fiscal first quarter. The New York- based company said it had a loss of 20 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK _ Assurant Inc. on Tuesday reported fourth-quarter profit of $65.7 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share. Assurant shares have declined 5 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen slightly more than 9 percent.

  • NEW YORK, Feb 9- U.S. oil and gas pipeline companies including Williams Companies Inc and Kinder Morgan Inc have contracts worth billions of dollars that might be at risk as Chesapeake Energy Corp aims to slash its debts amid collapsing energy prices. But with oil prices at their lowest in 12 years due to a global supply glut with OPEC unwilling to slow production,...

  • NEW YORK, Feb 9- U.S. "The mood in the market is very much' sell today, ask questions later' which is a boost for Treasuries and that flight to safety is led by fear," said Gennadiy Goldberg, interest rate strategist at TD Securities in New York. "Stocks found a bottom so Treasuries are adjusting and trading in line with that, but investors are still skittish," said Stanley Sun,...

  • NEW YORK, Feb 9- Oil prices slid for a fourth straight session on Tuesday and teetered close to 12-1/ 2- year lows hit last month, after weak demand forecasts from the U.S. government and the western world's energy watchdog, while weak equities also pressured prices. "The longs got out, the shorts jumped back in and there was possibly a whole lot of hedging by producers...

  • SAN FRANCISCO, Feb 9- Global economic uncertainty and worries about weak spending on information technology are forcing investors in cloud computing stocks and related enterprise companies to take a reality check. That's the mentality of technology investors right now, "said Michael James, managing director of equity trading at Wedbush Securities in Los...

  • NEW YORK, Feb 9- Burberry Group Plc, the British luxury fashion brand, sued J. C. Penney Co on Tuesday, accusing the U.S. retailer of trademark infringement for selling outerwear that featured exact copies of its famous "Burberry check" pattern. In a complaint filed in U.S. district court in Manhattan, Burberry accused J.C. The Levy Group, a Manhattan distributor accused...