Business Finance & Economy - latest


After-Hours Movers 02/14: (BPAX) (GIVN) (HIG) (INWK) Higher; (PW...

StreetInsider.com News Articles  Tue, 02/14/2012 - 17:19

BioSante Pharma (Nasdaq: BPAX) 28% HIGHER; shares are rising after hours Tuesday following some Bloomberg headlines which suggest the company and Teva Pharma (Nasdaq: TEVA) have received FDA approval for Bio-T-Gel for men with low testosterone.

Powerwave Technologies, Inc. (NASDAQ: PWAV) 22% LOWER; reported Q4 EPS of ($1.34), which may not compare to the analyst estimate of ($0.61).

Revenue for the quarter came in at $60.1 million versus the consensus estimate of $90.94 million. Active Power, Inc.


 

Roger Martin's Silly Defense of RIM: Opinion

Topix - Business News  Tue, 02/14/2012 - 17:07

His semi-celebrity status within Canada is due to the fact that Martin is often portrayed as some kind of "management guru" who makes grand speeches or writes long essays in business magazines describing how companies should run themselves.


 

Pennsylvania's 11th casino set to open March 31

Newsvine - business  Tue, 02/14/2012 - 15:48

Pennsylvania's eleventh slot-machine casino is scheduled to open for business in suburban Philadelphia next month.


 

More mobile devices than people by 2016: Cisco

Topix - Business News  Tue, 02/14/2012 - 15:07

Customers discover the Apple's iPad 2 in a Paris Apple store after its official launch for direct purchase in France in this March 25, 2011 file photo.


 

Portugal’s Debt Efforts May Be a Warning for Greece

NYT > Business  Tue, 02/14/2012 - 14:19

By the broadest measure of a country’s ability to repay its debts, Portugal is going deeper into the hole, because its economy is shrinking.


 

Unusual 11 Midday Movers 02/14: (KORS) (MDAS) (SYNM) Higher; (NA...

StreetInsider.com News Articles  Tue, 02/14/2012 - 13:35

Michael Kors Holdings (NYSE: KORS) 24.3% HIGHER; reported Q3 GAAP EPS of $0.20, pro-forma EPS of $0.28, vs. the analyst estimate of $0.08.

Revenue for the quarter came in at $373.6 million versus the consensus estimate of $348.61 million. Sees Q4 2012 EPS of $0.10-$0.12, versus the consensus of $0.10.

Sees Q4 2012 revenue of $350-$355 million, versus the consensus of $347.35 million. Sees FY2012 EPS of $0.74-$0.76, versus the consensus of $0.52.

Sees FY2012 revenue of $1.27-$1.28 billion, versus the consensus of $1.25 billion.


 

'Aereo' to Test Copyright Law With Internet-Streaming TV Service

Broadcasting & Cable - Business and Deals News  Tue, 02/14/2012 - 13:10

Micro-antenna startup has raised $25 million from investors including Barry...


 

Vt. utility sets up another free car charging site

Newsvine - business  Tue, 02/14/2012 - 12:07

Vermonters who drive electric vehicles now have another location where they can charge their cars and it's free for the first year.


 

Apple CEO Cook's Top Priorities: Poll

Topix - Business News  Tue, 02/14/2012 - 11:02

Technology and Internet conference in San Francisco today, with investors eager to hear his plans for the consumer-tech giant.