Pricing IPO at More than Expected Range Wayfair Raises $319 Million

Pricing IPO at More than Expected Range Wayfair Raises $319 Million

Wayfair Inc. the Boston online retailer of home furnishings is all set to begin trading today on the New York Stock Exchange at a higher than expected share price. This will be the twentieth Massachusetts company this year, to go through an initial public offering.

Ebola Treatments May Take Time to Hit the Market

Ebola Treatments May Take Time to Hit the  Market

Ebola after all may have a treatment and a vaccine, but it is difficult to say how much time the treatment will take to reach the market.

Health officials say that it may be one year or more before an effective therapy reaches the market and perhaps it will take a longer time for a vaccine to reach the already nervous crowd.

Fourth Quarter Loss Posted by Walgreen

Fourth Quarter Loss Posted by Walgreen

The largest drugstore chain of America reported a $239 million loss for its fiscal fourth quarter. Walgreen had to swallow a huge accounting charge from its acquisition of Alliance Boots in 2012. In spite of that the company was able to meet the expectations of Wall Street.

Steve Wynn, Casino Magnate Says Gambling Industry is not about Slot Machines

Steve Wynn, Casino Magnate Says Gambling Industry is not about Slot Machines

On Tuesday night, Steve Wynn, the billionaire developer and casino mogul, the one to provide shape to the Las Vegas Strip, offered a piece of advice to a big crowd that was gathered at the annual G2E Global Gaming Expo of the gambling industry.

News Corp. to Buy Move Inc. for $950 million

News Corp. to Buy Move Inc. for $950 million

House hunting websites are making big news.

On Tuesday News Corp. announced that it is going ahead with a $950-million agreement to acquire Move Inc. This is the third-largest online real estate listing company in the country. It attracted 26 million aspiring home buyers in the previous month.

Will PayPal soon Look for Mergers with Mobile Payment Services to fight Competition from Apple Pay?

Will PayPal soon Look for Mergers with Mobile Payment Services to fight Competit

The split of PayPal and eBay Inc, its long-time partner might make Carl Icahn quite happy. But he surely does not think that remaining single for a long time would be good for PayPal.

Ford Shares Drop With Profit Concerns

Ford Shares Drop With Profit Concerns

Although Ford Motor Co. is expecting a return aimed at profitability yet in a meeting on Monday the executives told investors that the company was expecting a 2015 pre-tax loss of about $250 million in Europe.

Ford said that the company expects Europe pre-tax operating margins to be between three percent and five percent by the year 2020.

Dominion LNG Export Project Gets Green Signal from FERC

Dominion LNG Export Project Gets Green Signal from FERC

On Monday the federal regulators approved the project construction of Dominion Resources Inc. in Cove Point, Maryland, which will enable it to export liquefied natural gas. When fully functional, this facility will be able to export up to 5.75 million metric tons of LNG each year.

Second Quarter Shows Fastest Growth of U.S Economy

Second Quarter Shows Fastest Growth of U.S Economy

Showing signs of progress towards a strengthening economy the rate of U. S. economic growth since late 2011moved at its best ever pace in the second quarter of the current year.

Stronger Safeguarding Rules for Service Members Against Predatory Lenders

Stronger Safeguarding Rules for Service Members Against Predatory Lenders

Some major changes in law is being proposed by the Obama administration which will be intended towards protecting the service members and their families from the clutches of high-cost loans attached to their pay-checks. This move shows that the government recognises that fact that lenders in the future have exploited these people with loopholes that existed in the law.

Latest News

Ebola Treatments May Take Time to Hit the  Market
Fourth Quarter Loss Posted by Walgreen
Steve Wynn, Casino Magnate Says Gambling Industry is not about Slot Machines
News Corp. to Buy Move Inc. for $950 million
Will PayPal soon Look for Mergers with Mobile Payment Services to fight Competit
Ford Shares Drop With Profit Concerns
Dominion LNG Export Project Gets Green Signal from FERC
Second Quarter Shows Fastest Growth of U.S Economy
Stronger Safeguarding Rules for Service Members Against Predatory Lenders
Yahoo Urged to Buy Rival AOL Inc.
Slowing Down of Inflation May Make it Difficult for BOJ to Achieve its Target
B.K. Modi’s CIO Plans to Start Pre-IPO Fund
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