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Wall St edges lower following six-day S&P rally

By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks edged lower on Wednesday as strong results from Boeing failed to inspire investors to keep pushing equities higher following six straight days of gains. Better-than-expected corporate earnings have boosted Wall Street lately, though companies have largely been beating reduced forecasts. According to Thomson Reuters data, profits are seen rising 1.6 percent this quarter, down from the 6.5 percent growth rate estimated at the start of the year. ...  More »

Valeant CEO 'disappointed' in Allergan poison pill: CNBC

(Reuters) - The chief executive officer of Valeant Pharmaceuticals, which made a $47 billion unsolicited offer for competitor Allergan Inc. on Tuesday, said during an interview on CNBC that he was "disappointed" with Allergan's so-called poison pill. Allergan on Tuesday night said that its board of directors had adopted a one-year stockholder rights plan to give it more time to consider takeover proposals. The Valeant offer was made with Pershing Square Capital Management hedge fund, which built up a stake in the company. ...  More »

Michigan man among 1st in US to get 'bionic eye'

ANN ARBOR, Mich. (AP) — A degenerative eye disease slowly robbed Roger Pontz of his vision.  More »

Saudi health minister sacked amid virus deaths

RIYADH, Saudi Arabia (AP) — Saudi Arabia's King Abdullah sacked the country's health minister on Monday amid a spike in deaths and infections from the virus known as the Middle East respiratory syndrome, or MERS.  More »

Wall St edges lower following six-day S&P rally

By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks edged lower on Wednesday as strong results from Boeing failed to inspire investors to keep pushing equities higher following six straight days of gains. Better-than-expected corporate earnings ha...  More »

Decision-making input linked to more satisfied cancer patients

By Allison Bond NEW YORK (Reuters Health) - Regardless of whether cancer patients sought to be involved in decisions about their treatment, those who were ended up more satisfied with their care, according to a recent study. "Now more than ...  More »

Earnings shine but string of Wall St gains stalls

NEW YORK (Reuters) - U.S. stocks dipped at the open on Wednesday despite upbeat corporate earnings as buyers appeared scarce following the longest streak of daily gains on the S&P 500 so far this year. The Dow Jones industrial average fell 9.02 po...  More »

Splashy plan for pool in NYC's East River unveiled

NEW YORK (AP) — Forget schlepping to Jones Beach or down the Jersey Shore. A Brooklyn design team said Tuesday that New York's East River could be the next great place for a summer swim.  More »

Futures imply lower open after recent rally

By Ryan Vlastelica NEW YORK (Reuters) - U.S. stock index futures pointed to a slightly lower open on Wednesday as the latest corporate earnings failed to inspire investors to keep pushing equities higher following six straight days of gains on bot...  More »

Spectrum Pharma's cancer drug meets main goal in trial

(Reuters) - Spectrum Pharmaceuticals Inc said its experimental blood cancer drug was shown to be safe and effective in a mid-stage trial, sending its shares up 10 percent. The injectable drug, Captisol-enabled melphalan, an improved form of commo...  More »

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