As small towns suffer from a continuing flight from rural toward-more urban living, some economic development groups and governments in these troubled areas have chosen to stay and fight. The Homestead Act of 1862 is no longer in effect, but free land is still available out there in the great wide open (often literally in the great wide open). In fact, the town of Beatrice, Nebraska has even enacted a Homestead Act of 2010. As with the homesteaders of the 1800s, the new pioneers must not be the faint of heart—they can’t be the type to shy away from the trials of building a home from the...

The Food and Drug Administration’s additional approval of the wrinkle-smoothing injection Botox as a treatment for migraine headaches should prove to be a “watershed” moment for Allergan Inc.’s revenue and earnings growth, according to a William Blair & Co. analyst. Ben Andrew said in a Monday morning research note that the new use could be worth $1 billion to Allergan’s top line within five years. “Based on our field work, we believe the market has not fully incorporated Allergan’s ability to drive revenue and earnings growth from this indication,”...

U.S. stocks traded lower Monday, as the Dow Jones Industrial Average fell 40 points to 10584, the Standard & Poor's 500 dropped 8 points to 1142 and the Nasdaq Composite Index slid 30 points to 2347. Among the companies whose shares are actively trading are Boston Scientific Corp. (BSX), Chordiant Software Inc. (CHRD) and Amylin Pharmaceuticals Inc. (AMLN). Boston Scientific ($6.50, -$1.28, -16.45%) shares fell on a report that the medical-device company had suspended sales of all implantable cardioverter defibrillators, or ICDs. According to an analyst note from Bernstein Research,...