Business News

Increasingly Publications are Banking on Digital Ad Revenue

The entire world is undergoing massive changes in every sphere of life and media is no exception. News rooms are shrinking and print revenues are slipping as consumers have plenty of options in hand and new content is just one click away.

Publications, that have seen some glorious decades or may be a century are reshaping, remodeling and considering new ways to ramp up business.

Amgen Inc’s Second Quarter Profit Surpasses Analysts’ Estimates; Company Raises Full Year Forecast

Thousand Oaks, California based Amgen Inc reported second-quarter profit of $1.87 billion and raised its outlook for the complete year. It expects revenue for the full year to be in a range of $22.5 billion to $22.8 billion, compared to the earlier predictions of revenue in a range of $22.2 to $22.6 billion, in April.

Teva Gets Green Signal to Acquire Actavis with Divestiture of Seventy Nine Existing and Future Drugs

Teva Pharmaceutical Industries Ltd got a green signal from the U.S. Federal Trade Commission to buy Actavis Inc, Allergan Plc's generic drug-making unit for $40.5 billion as the companies agreed to divest seventy nine existing and future drugs. That includes antibiotics, weight-loss drugs, anesthetics as well as oral contraceptives. They are used in ADHD treatments, treatments for allergies, arthritis, diabetes, high blood pressure, cancer, mental illness, pain, Parkinson's disease and respiratory, skin and sleep disorders and others.

Shares of Alere Inc Plunge on U.S. Criminal Probe but Bounce Back Again

Reports surfaced on Wednesday that Federal investigators are seeking information from Alere Inc regarding the company's government billing practices.

Panera Bread Co Reports Increased Same Store Sales in 2Q

On Tuesday, St.

Fiat Chrysler Reports U.S. Sales Numbers with New Reporting Practices

On Tuesday, Fiat Chrysler Automobile's, American-based operations reported sales numbers after revising its reporting practices in the US, amid investigations being conducted by federal officials a