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Wall Street Week Ahead: Spring fever brings hope for U.S. earnings

NEW YORK - Earnings season shifts into high gear next week, and with nearly one-third of S&P 500 names set to post results, investors hope the news provides a catalyst to buy stocks and leave the market's recent weakness in the dust.

Recent Business News

Exclusive: Biogen prices hemophilia drug on par with older therapies

- Biogen Idec Inc is pricing its newly approved long-acting hemophilia drug, Alprolix, to cost U.S. patients, and insurers, about the same per year as older, less convenient therapies whose price can reach about $300,000 annually.

18 Apr 2014

AMR loses bid to terminate retiree benefits

NEW YORK - A U.S. bankruptcy judge largely declined on Friday to rule that former American Airlines parent company AMR Corp had a unilateral right to terminate benefits for nearly 47,000 retirees.

18 Apr 2014

Amazon's tax-free European profits drop after IRS clamp-down

LONDON - The amount of money Amazon.com Inc reports through a tax-exempt vehicle in Europe has dropped sharply in the past two years, even as European sales jumped, after the U.S. tax authority tightened rules it felt were being abused to shift profits.

18 Apr 2014

Brazilian tycoon Batista investigated for financial crimes: reports

RIO DE JANEIRO - BrazilĀ“s federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering, Brazilian media reported on Friday.

18 Apr 2014

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