Intuitive Surgical 2Q Net Surges, But Signs of Pressure
Intuitive Surgical Inc.'s (ISRG) second-quarter earnings rose 32% behind continued strong sales growth for its surgical robots, but the company also cautioned that it's seeing a decline in domestic prostate-cancer surgeries.
Yahoo's New CEO Mayer Lured From Google With $60M Package
Yahoo! lured its new CEO Marissa Mayer away from Google with a package that will pay her at least $60 million over the next five years.
London, Singapore Bourses Held Merger Talks
London Stock Exchange Group PLC (LSE.LN) and Singapore Exchange Ltd. (S68.SG) have held informal talks about a potential merger, the Daily Telegraph reported Thursday.
Google Posts a Gain in Profit
Google Inc. (GOOG) said its second-quarter profit jumped 11%, thanks to growing interest in the advertising placed on its Internet search engine, even as the prices paid by advertisers continued to drop.
Visa to Add $150 Million to Litigation Escrow
Visa Inc. (V), the world's largest payment network, said Thursday it is adding $150 million to a litigation escrow following a proposed $6.6 billion settlement announced last week of numerous long-standing lawsuits brought by merchants over transaction fees.
Appeals Court Won't Lift Injunction on Galaxy Tab Sales
A federal appeals court Thursday refused to lift a preliminary injunction that banned sales of Samsung Electronics Co.'s (SSNHY, 005930.SE) Galaxy Tab 10.1 touchscreen tablet computer at the request of Apple Inc. (AAPL).
Peru To Reform its Private Pension System
Peru's executive branch on Thursday approved a series of reforms to the nation's private pension-fund system that President Ollanta Humala's administration says will expand coverage for residents of this Andean nation.
Walgreen and Express Scripts Agree to End Rate Impasse
Walgreen Co. (WAG) and pharmacy-benefit manager Express Scripts Holding Co. (ESRX) announced a new multiyear reimbursement agreement Thursday, ending a seven-month dispute that had prevented millions of patients from getting their prescriptions filled at the nation's largest pharmacy chain by store
Bristol-Myers Says Brivanib Didn't Meet Phase 3 Objectives
Bristol-Myers Squibb Co. (BMY) said a Phase 3 trial of its drug, brivanib, as a first-line treatment in patients with liver cancer didn't meet its primary survival objective.
Verizon Wireless Looks Well Positioned for Data Usage Increase
Verizon Communications Inc. (VZ) on Thursday reported the most profitable quarter ever for its wireless business, just as the carrier is implementing new data plans that are expected to raise prices for most customers.