After months of anticipation General Motors has priced its stock at $33 a share in its initial public offering slated to begin official trading Thursday in New York. The figure is at the high end of the offer, which in recent d…
Here’s a roundup of some of Wednesday’s major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck’s experimental heart drug appears to work well without side…
When all is said and done, General Motors could easily vault to the top of the list, surpassing Visa’s IPO as the biggest U.S. company offering, and beyond Agriculture Bank of China as the biggest ever in the world. Here’s a lo…
Hulu lowered the price of its newly launched Hulu Plus subscription service by $2 to $7.99 Wednesday, just days after the online streaming video service saw its rank decline on a closely watched Internet ranking service for the…
Back in September, billionaire Ron Burkle lost his proxy war with Barnes & Noble’s board, failing to kill the poison pill that kept him from upping his stake in the company. That made Wednesday’s shareholders meeting all but a …