According to a Senate finance committee report, officials of Medtronic edited studies by outside researchers about a spine treatment sold by the company.  The treatment at issue is known as Infuse.  Infuse uses a bioengineered protein to fuse spinal vertebrae.  The treatment is generally used as a way of reducing back pain. During the investigation, the Senate finance inquiry reviewed internal Medtronic... 

The third-quarter earnings results for Yahoo beat analyst expectations.  Net revenue was $1.09 billion compared with $1.07 billion in the year ago period.  Yahoo earned $177 million in income from operations and reported adjusted net earnings of $0.35 per share in the third quarter, after excluding a $2.8 billion gain related to the sale of Alibaba Group shares. Yahoo future plans will attempt to... 

An informal inquiry has begun into allegations that Wal-Mart Stores violated rules in India restricting foreign investment in the retailing industry.  The investment occurred a time when India restricted foreign investments in retailing.  In India, small, family-owned stores dominate a $500 billion retail sales market. Indian regulators are investigating a nearly $100 million investment in an Indian... 

Major corporations that enlist in ‘Corporate Banking Trends for 2013 And Beyond’ are considered the elite firms of the financial world. These seasoned professionals have decades of timeless expertise in their fields and hold the attention of consumers all around the world. They take extra measures to ensure that all of their daily operations are securely enforced and protected. The necessity of... 

Target Corporation announced an agreement to sell its entire consumer credit card portfolio to TD Bank Group.  The price will be an amount equal to the gross value of the outstanding receivables at the time of closing.  The consumer credit card portfolio currently has a gross value of approximately $5.9 billion.  The transaction is expected to close in the first half of 2013. The two companies also... 

Facebook’s mobile advertising revenue grew at a faster than expected pace in the third quarter.  Advertising revenue rose 36% to $1.09 billion, up from 28 % growth during the second quarter.  The total number of ads delivered by Facebook in the third quarter increased by 27% over last year and the average price per ad increased by 7%. Mobile ads helped reignite Facebook’s overall advertising...