Pfizer Inc (PFE.N) reported stronger-than-expected quarterly results, helped by growing sales of its cancer drugs and demand for its medicines in emerging markets, but did not signal any acquisition plans following its recent failed efforts to buy rival British drugmaker AstraZeneca Plc (AZN.L).
Sectors
Don't panic, OPEC secretary general says after oil price fall
There is no need to panic at the recent drop in oil prices, the secretary general of OPEC said on Wednesday, saying low prices would curb competing supplies and require the group to pump far more by the end of the decade.
Woodbridge International Opens Office in France
Woodbridge International, a global mergers and acquisitions firm specializing in middle-market companies, is pleased to welcome Sophie Sauvage as the firm's new Senior M&A Advisor heading up Woodbridge's office in Lyons, France.
Shell Midstream Partners prices IPO at $23/unit
Shell Midstream Partners LP IPO-SHLX.N, a master limited partnership formed by Royal Dutch Shell Plc (RDSa.L), priced its enlarged initial public offering of 40 million units at $23 per unit, above its expected price range of $19-$21 per unit.
Canada's RBC withdrew from Alibaba IPO after employee's inadvertent comment
Royal Bank of Canada (RY.TO) said on Tuesday it pulled out of and forfeited fees in the Alibaba (BABA.N) initial public offering, after an employee commented on the deal during the quiet period before the world's largest IPO.
Latest News
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) conglomerate has sold a marketing and direct mail unit to a Wisconsin businessman, according to a statement on Tuesday.
Washington's city council approved a bill on Tuesday regulating app-based ridesharing companies such as Uber and Lyft in the U.S. capital, a council spokesman said.
Vietnam-based telecoms operator Viettel plans to invest $1 billion in a new third-generation (3G) mobile phone network in Tanzania, the office of the east African country's president said on Tuesday.
The European Commission provisionally accepted the budgets of France and Italy, saying on Tuesday that no euro zone states had submitted deficit plans for next year that seriously breached EU rules for fiscal stability.
Cyber intrusions and other data breaches put the personal records of 18.5 million Californians, nearly half the state's population, at risk in 2013, a seven-fold increase over the year before, the state attorney general reported on Tuesday.
Facebook Inc warned on Tuesday of a dramatic increase in spending in 2015 and projected a slowdown in revenue growth this quarter, slicing a tenth off its market value.
General Motors Co (GM.N) will shift production of the transmission on the 2016 Chevrolet Volt from Mexico to Michigan, the automaker said.
American Express Co, the world's largest credit card issuer, said it would close its joint venture with French online start-up Vente-Privee by the end of the year.
Amazon.com Inc (AMZN.O) is buying online comedy service Rooftop Media, a small deal that underscores the Internet retailer's broader ambition of becoming a media and entertainment powerhouse.
