International Stocks

European ADRs Fractionally Lower as Pharma, Telecom Stocks See Mixed Fortunes

American depository receipts of European stocks were 0.3% lower at 118.61 on the Bank of New York Mellon Europe ADR Index on Tuesday morning. Decliners in Continental Europe were led by Nabriva Therapeutics (NBRV), an Austria-based clinical-stage biopharmaceutical company, 4.1% lower, followed by Novartis (NVS), a Swiss company which manufacturesRead More

Embraer-Empresa Brasileira de Aeronautica Inks Settlement Deals in U.S. and Brazil

Embraer-Empresa Brasileira de Aeronautica (ERJ) is firmer after the company said in a Securities and Exchange Commission (SEC) filing it has finalized definitive agreements with the SEC and Department of Justice (DOJ) to settle criminal and civil violations of the U.S. Foreign Corrupt Practices Act (FCPA). The company also saidRead More

Stocks Turn Defensive; Microsoft and McDonalds Quarterly Results Beat Expectations

Stocks were set to open lower on Friday in spite of positive results from Dow component stocks McDonalds (MCD) and Microsoft (MSFT) as investors lighten up positions before the weekend, and ahead of today’s speeches by Fed Governor Daniel Tarullo and San Francisco President John Williams. After the close onRead More

Mondelez International Prices Note Offers at Collective $3.75 Bln

Mondelez International (MDLZ) subsidiary, Mondelez International Holdings Netherlands, priced an offer of $3.75 billion in aggregate principal notes, with the expected close date of Oct. 28, the company said in a filing with the U.S. Securities and Exchange Commission. The maker of Oreo’s said the aggregate principal amounts for floatingRead More

Allergan to License UroGen Pharma’s RTGel Drug Delivery System For $17.5 Mln Upfront Payment & Milestones

Allergan (AGN) sealed a deal with Israeli-based UroGen Pharma to license worldwide rights to UroGen’s RTGel drug delivery system technology, UroGen reported pre-market Friday. Under the agreement, Allergan agreed to make a $17.5 million upfront payment to UroGen as well as potential development and commercial milestones and royalties on netRead More

Oil Prices Marginally Higher, WTI Flirts with $51 Per Barrel

West Texas Intermediate (WTI) crude oil futures for delivery in November were 0.2% higher at $50.87 per barrel during Wednesday’s pre-market trading session while Brent oil futures for delivery in December were 0.1% higher at $52.48 per barrel. The pre-bell price advances come ahead of the release of minutes fromRead More