Forest Labs scraps agent obtained through merger

Forest Laboratories Inc. FRX +0.15% has discontinued development of an experimental agent for cardiovascular imaging procedures.

Cencosud plans IPO of up to $718 Mln in ADS

Cencosud S.A. has filed plans to offer up to $718 million in American depositary shares as the South American retailer looks to raise funds to pay down debt.

VeriFone Q2 earns fall 43% on acquisition costs

VeriFone Systems Inc.’s PAY -3.64% fiscal second-quarter earnings fell 43% as restructuring and acquisition-related costs continued to overshadow stronger revenue and better-than-expected core profit.

Goldman Sachs plans Japan private REIT this summer

Goldman Sachs Group Inc. GS -1.20% plans to launch a private real-estate investment trust in Japan this summer amid signs of a turnaround in the property market, a person familiar with the matter said Friday.

Guess profit falls on weaker U.S. same-store sales

Guess Inc.’s GES -0.12% fiscal first-quarter income slumped 38% as the apparel maker saw weaker European revenue and North American same-store sales weigh down results.

Wet Seal swings to loss on impairment, sales slip

Wet Seal Inc.’s WTSLA -6.84% swung to a fiscal first-quarter loss as impairment charges weighed on the teen apparel retailer’s bottom-line results and as revenue and margins weakened.

  • Press Releases

  • CrowdGather Inc. (OTCBB: CRWG) – Building Forum Based Communities

    CrowdGather Inc. (OTCBB: CRWG) – Building Forum Based Communities

    CrowdGather Inc. (OTCBB: CRWG ) might appear undervalued when you consider their business potential. This operator of online forums specializes in building social and advertising networks, but their greatest asset is their user communities

    Jul, 23 2011 106 Comments Full Story
  • Poynt Corp (CVE:PYN) (PINK: PNYTF) Spurts Up

    Poynt Corp (CVE:PYN) (PINK: PNYTF) Spurts Up

    Poynt Corp ( CVE:PYN ) (PINK: PNYTF) is closely followed by traders after the stock moved up 40% on Tuesday with no specific events triggering the buying boom. One of the highest trading volumes recorded this year was 7 times the 90 day average and together with price performance provided plenty of buying opportunities. The stock entered the market today with a still burning momentum, gaining nearly 5% on so called morning spike, but profit taking clearly took the higher hand afterwards.

    Apr, 20 2011 0 Comments Full Story
  • More from Press Releases