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Wall Street rises as biotechs rebound; oil snaps 3-day rally

2015-10-08 03:45:54| Biotech - Topix.net

World stock indexes rose on Wednesday with a rebound in biotechnology shares boosting US equities, while oil prices snapped a three-day rally after US data showed a large inventory build. The S&P 500 hit its highest in three weeks, but concern about corporate earnings just ahead of the US third-quarter reporting season kept trading choppy.

Tags: street wall oil wall street

 

Gridlock Sam Brings His Own Street Smarts to Transportation

2015-10-08 01:54:45| ENR.com: Headline News

Equal parts transportation-planning compendium, autobiography and love letter to New York City, "Street Smart" (Perseus Books Group) lays out Sam Schwartz's vision for the future of multimodal and multinodal transportation systems.

Tags: to street sam transportation

 
 

PepsiCo beats Street 3Q forecasts

2015-10-06 13:24:16| Beverages - Topix.net

The Purchase, New York-based company said it had profit of 36 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were $1.35 per share.

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Wall Street Breakfast: Megabrew Deal Demands Higher Price

2015-10-06 13:24:15| Beverages - Topix.net

SABMiller has rejected an informal takeover bid from Anheuser-Busch InBev stating the offer was too low, Bloomberg reports. An initial proposal made last week was worth slightly over 40 pounds a share, but the British firm's executives and some shareholders regard a deal closer to 45 pounds as fair value.

Tags: price street higher deal

 

PepsiCo beats Street 3Q forecasts

2015-10-06 13:24:14| Beverages - Topix.net

PepsiCo's third-quarter profit dropped due to charges related to economic turmoil in Venezuela, but it beat almost all expectations and shares rose almost 4 percent before the opening bell Tuesday. The company also raised its 2015 earnings growth target, citing its year-to-date results and outlook for the rest of the year.

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