US mortgage rates jump to highest level in nearly 8 years

U.S. mortgage rates jumped this week to the highest level in almost eight years, a trend that is pulling down home sales and slowing home price growth. Mortgage buyer Freddie Mac said Thursday that the average rate on a 30-year, fixed rate mortgage rose to 4.94 percent, from 4.8

AveXis Presents Data Showing Efficacy Of Zolgensma In Broad Spectrum Of...

AveXis, a Novartis company, announced interim data from ongoing trials of the investigational product Zolgensma or onasemnogene abeparvovec-xioi; AVXS-101 that showed positive results across a broad spectrum of patients with spinal muscular atrophy or SMA.

U.S. crude stocks fall less than expected, products build sharply: EIA...

U.S. crude oil stockpiles fell less than expected last week according to a largely bearish report on Wednesday from the Energy Information Administration, which also showed that gasoline and distillate inventories rose more than expected.

U.S. drillers add rigs this wk, but cut most in a...

U.S. energy firms this week increased the number of oil rigs operating for the first time this year but the rig count in January fell the most in a month since April 2016, as the boom in the Permian, the nation's biggest shale oil formation, cools.

First Cobalt Begins Permitting and Environmental Programs at Iron Creek

Source: www.marketwatch.com First Cobalt, a North American pure-play cobalt explorer recently announced a new partnership with Brown and Caldwell. They will be assisting First Cobalt...

Carestream Health to Sell Its Healthcare IT Business to Philips |...

Carestream Health has signed an agreement to sell its healthcare information systems business to Royal Philips, a global leader in health technology.

People’s United Financial To Acquire BSB Bancorp In $327 Mln Deal

People's United Financial Inc. (PBCT), the holding company for People's United Bank, N.A., said it agreed to acquire BSB Bancorp Inc. (BLMT), the holding company for Belmont Savings Bank, in a 100% stock transaction valued at abut $327 million.

Fiat Chrysler puts merger offer to Renault board – Reuters

Fiat Chrysler has made a "transformative" merger proposal to Renault, the Italian-American carmaker said, in a deal that would create a new third-ranked global manufacturer.

Oil drillers cut rigs for fifth week in a row: Baker...

U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row to its lowest in nearly a year as independent producers follow through on plans to cut spending on new drilling with the government cutting its growth forecasts for shale output.

Tetra Tech Expands its Technology Solutions with Acquisition of eGlobalTech |...

Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has acquired eGlobalTech, a high-end information technology (IT) solutions, cloud migration, c