Month: April 2018

Botox maker Allergan reported a better-than-expected quarterly profit on Monday and raised its full-year forecast for adjusted net income, driven by higher sales of its medical aesthetics products including the blockbuster wrinkle treatment. The company’s shares rose about 2.4 percent to $166.70 in premarket trading. Sales of Botox, its biggest drug by revenue that is
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McDonald’s on Monday reported better-than-expected first-quarter earnings, as menu price increases fueled higher check averages in the U.S. Although McDonald’s has been luring customers with a number of value deals, the larger tickets prove diners aren’t just looking for cheap eats. Global same-store sales were also strong, rising 5.5 percent and topping estimates of 3.7
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Damaging revelations of misconduct at Australia’s largest listed money manager, AMP, may take years to fix, according to Morningstar. “It’s going to be a rough, rocky ride for the next six months, twelve months, probably even longer for investors in AMP,” Morningstar Analyst David Ellis told CNBC’s “Street Signs.” Catherine Brenner resigned Monday from her
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Blue Origin has launched its New Shepard rocket Sunday from its facility near Van Horn, Texas in the company’s first flight of 2018. The vehicle — named after the first American in space, Alan Shepard — launches vertically from the West Texas facility. Founder Jeff Bezos, who invests $1 billion each year into Blue Origin
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China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which it eased some restrictions and launched an application process for more foreign ownership. The consultation period for the new rules that began in March is now over and the final regulations have been officially released for immediate implementation,
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DENVER — Twenty years after California first legalized marijuana use for sick people, “medical marijuana” has become a billion-dollar business so cloaked in emotion that it would be virtually impossible to dismantle. Without any real national discussion, most Americans now live where it’s possible to get pot for pain, nausea or other ailments. Thirty states already
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