(Reuters) - ICE, a relatively small Atlanta-based energy and soft commodity exchange with a clearing house at the New York Board of Trade, in March offered almost $10 billion to acquire CBOT. That bid topped CME's offer, which was made in October, by roughly $1 billion.
The Journal cited CBOT Chairman Charles Carey and Chief Executive Bernard Dan as saying that the price was one determining factor, but not the only one.
Read more at Reuters.com Mergers News
Wednesday, April 18, 2007
UPDATE 1-China's Hisun seeking foreign investor, hires UBS
(Reuters) - SHANGHAI, April 19 - Hisun Group, a Chinese pharmaceutical maker, plans to sell a minority stake in its listed unit to foreign investors as it wants capital to boost its production, two sources close to the situation said on Thursday.
Hisun Group, headquartered in the eastern Chinese province of Zhejiang, has hired investment bank UBS to help it sell a stake in Zhejiang Hisun Pharmaceutical Co Ltd. , the sources said.
Read more at Reuters.com Mergers News
Hisun Group, headquartered in the eastern Chinese province of Zhejiang, has hired investment bank UBS to help it sell a stake in Zhejiang Hisun Pharmaceutical Co Ltd. , the sources said.
Read more at Reuters.com Mergers News
Brazil, Colombia, Mexico, Peru: Latin America Local-Currency Bond Preview
(Bloomberg) -- The following events and economic reports may influence trading in Latin American local bonds today. Bond yields are from the previous session.
Brazil: The central bank lowered the benchmark lending rate to a record low, responding to consumer prices increasing at the slowest pace in eight years. The bank yesterday cut the overnight lending rate by a quarter-percentage point to 12.5 percent. Policy makers have reduced borrowing costs from a high of 19.75 percent in September 2005.
Read more at Bloomberg Bonds News
Brazil: The central bank lowered the benchmark lending rate to a record low, responding to consumer prices increasing at the slowest pace in eight years. The bank yesterday cut the overnight lending rate by a quarter-percentage point to 12.5 percent. Policy makers have reduced borrowing costs from a high of 19.75 percent in September 2005.
Read more at Bloomberg Bonds News
Copper Declines in Shanghai on Surplus Report; Zinc Gains, Aluminum Falls
(Bloomberg) -- Copper futures in Shanghai fell after a report showed the industrial metal was in surplus in the first two months of the year and as concerns about supply disruption at the world's second largest copper mine eased.
Copper production exceeded demand by 115,000 metric tons in January and February, the World Bureau of Metal Statistics said yesterday. The refined copper surplus may reach 275,000 tons in 2007, Thomas Goeda, chairman of the copper committee of the International Wrought Copper Council, said.
Read more at Bloomberg Commodities News
Copper production exceeded demand by 115,000 metric tons in January and February, the World Bureau of Metal Statistics said yesterday. The refined copper surplus may reach 275,000 tons in 2007, Thomas Goeda, chairman of the copper committee of the International Wrought Copper Council, said.
Read more at Bloomberg Commodities News
Australia, New Zealand Dollars Slump Against Yen as Carry Trades Unwound
(Bloomberg) -- The Australian and New Zealand dollars dropped the most in three weeks against the yen as Asian stocks declined, causing traders to reduce investment in higher- yielding assets funded by borrowing Japan's currency.
Traders pared so-called carry trades after a Japanese government report showed demand for services rose to a record, raising concern the Bank of Japan will raise interest rates. The Southern Hemisphere currencies also fell as the Morgan Stanley Capital International Asia Pacific Index of equities slid 1.4 percent on concern China will also raise borrowing costs.
Read more at Bloomberg Currencies News
Traders pared so-called carry trades after a Japanese government report showed demand for services rose to a record, raising concern the Bank of Japan will raise interest rates. The Southern Hemisphere currencies also fell as the Morgan Stanley Capital International Asia Pacific Index of equities slid 1.4 percent on concern China will also raise borrowing costs.
Read more at Bloomberg Currencies News
Nokia, Getinge, Husqvarna, and Tandberg Shares: Nordic Equity Preview
(Bloomberg) -- The following stocks may rise or fall in Nordic markets. Stock symbols follow company names and prices are from the last close.
The Dow Jones Nordic 30 Index slid 53.01, or 0.6 percent, to 8789.42, as more than four shares fell for every one that gained.
Read more at Bloomberg Stocks News
The Dow Jones Nordic 30 Index slid 53.01, or 0.6 percent, to 8789.42, as more than four shares fell for every one that gained.
Read more at Bloomberg Stocks News
LG Elec swings to Q1 loss on flat screen businesses
(Reuters) - The result offered a stark contrast with a 150.8 billion profit a year earlier and was much bigger than a forecast for a 39.4 billion won shortfall made by nine analysts polled by Reuters.
The poor performance reflects the impact of another quarter of losses at LG.Philips LCD , its 38-percent owned liquid crystal display joint venture with Dutch Philips , which last week posted 169 billion won in net loss amid a seasonal supply glut.
Read more at Reuters.com Market News
The poor performance reflects the impact of another quarter of losses at LG.Philips LCD , its 38-percent owned liquid crystal display joint venture with Dutch Philips , which last week posted 169 billion won in net loss amid a seasonal supply glut.
Read more at Reuters.com Market News
Logitech 4Q profit up, annual sales miss target
(Reuters) - NEW YORK, April 18 - Logitech, the world's largest maker of computer mice and other computer peripherals, reported a higher fourth quarter profit, but said sales missed its target on slower Web camera sales.
The group posted a quarterly net profit of $56.2 million, or 29 cents per share, compared with $51.1 million, or 26 cents per share a year earlier.
Read more at Reuters.com Market News
The group posted a quarterly net profit of $56.2 million, or 29 cents per share, compared with $51.1 million, or 26 cents per share a year earlier.
Read more at Reuters.com Market News
Macquarie Funds Agree to Purchase Telefonica's Airwave O2 for $3.8 Billion
(Bloomberg) -- Macquarie Bank Ltd. agreed to buy the U.K.'s police and emergency services radio network from Telefonica SA for 1.9 billion pounds ($3.8 billion), gaining a business that's forecast to increase sales by as much as 30 percent this year.
Two funds managed by the Sydney-based bank will each own 50 percent of Airwave 02 Ltd., they said in a statement today. Macquarie is the world's largest private manager of infrastructure such as roads, airports and parking lots.
Read more at Bloomberg Currencies News
Two funds managed by the Sydney-based bank will each own 50 percent of Airwave 02 Ltd., they said in a statement today. Macquarie is the world's largest private manager of infrastructure such as roads, airports and parking lots.
Read more at Bloomberg Currencies News
Mexico Femsa not bidding for C-C Amatil S.Korea ops
(Reuters) - "We are permanently evaluating opportunities and in this case Coca-Cola Femsa revised the franchise of Coca-Cola Amatil in South Korea, but we decided not to continue with the process," Femsa said in a statement.
Private equity fund CVC is bidding for Coca-Cola Amatil's South Korean business, a source familiar with the situation told Reuters on Wednesday.
Read more at Reuters.com Mergers News
Private equity fund CVC is bidding for Coca-Cola Amatil's South Korean business, a source familiar with the situation told Reuters on Wednesday.
Read more at Reuters.com Mergers News
Energy Conversion May Announce Sale of Cobasys Tomorrow, Analysts Say
(Bloomberg) -- Energy Conversion Devices Inc. shares gained as much as 5.8 percent on speculation the developer of hydrogen-fuel and battery systems may announce a sale of Cobasys LLC during a conference call tomorrow.
Cobasys, a maker of battery systems for hybrid electric vehicles, said March 15 that it may sell itself. The company is a joint venture of Rochester Hills, Michigan-based Energy Conversion and a subsidiary of Chevron Corp., the second-largest U.S. oil company.
Read more at Bloomberg Stocks News
Cobasys, a maker of battery systems for hybrid electric vehicles, said March 15 that it may sell itself. The company is a joint venture of Rochester Hills, Michigan-based Energy Conversion and a subsidiary of Chevron Corp., the second-largest U.S. oil company.
Read more at Bloomberg Stocks News
Sterling leaps to 26-year high above US$2.01
(Reuters) - Sterling surged to its highest level in more than a quarter of a century above US$2.01 on Wednesday as strong British pay numbers bolstered expectations that UK interest rates are set to rise further.
Average earnings in Britain rose by 4.6 percent in the three months to February, picking up at their fastest annual pace in nearly three years.
Read more at Reuters Africa
Average earnings in Britain rose by 4.6 percent in the three months to February, picking up at their fastest annual pace in nearly three years.
Read more at Reuters Africa
Rand weaker vs dollar, EM sentiment to buoy
(Reuters) - The South African rand gave up some of its recent gains against the dollar on Wednesday but was supported by positive emerging market sentiment and firm metal prices.
At 1515 GMT the rand traded at 7.0550 versus the dollar, down 0.55 percent from its close of 7.0175 in New York on Tuesday, when it visited three-month highs.
Read more at Reuters Africa
At 1515 GMT the rand traded at 7.0550 versus the dollar, down 0.55 percent from its close of 7.0175 in New York on Tuesday, when it visited three-month highs.
Read more at Reuters Africa
Peru's Central Bank Completes Biggest Dollar Bug as Sol at 8-Year High
(Bloomberg) -- Peru's central bank purchased dollars for a fourth day in an effort to weaken the nation's currency after it traded at an eight-year high.
The sol fell for the first time since April 9, declining 0.03 percent to 3.1790 soles per the dollar. It earlier gained to 3.1765 soles, a level it hadn't reached since January 1999.
Read more at Bloomberg Currencies News
The sol fell for the first time since April 9, declining 0.03 percent to 3.1790 soles per the dollar. It earlier gained to 3.1765 soles, a level it hadn't reached since January 1999.
Read more at Bloomberg Currencies News
China Stocks, Bonds Fall on Concern Growth Report May Prompt Rate Increase
(Bloomberg) -- China's stocks and bonds slumped and the yuan climbed on speculation a government report today will show the economy is growing fast enough to force the central bank to raise interest rates.
The government will probably report today that gross domestic product expanded more than 10 percent for a fifth straight quarter in the three months ended March 31, according to a Bloomberg News survey of economists. China has increased borrowing costs to cool the world's fastest-growing major economy and curb inflation.
Read more at Bloomberg Bonds News
The government will probably report today that gross domestic product expanded more than 10 percent for a fifth straight quarter in the three months ended March 31, according to a Bloomberg News survey of economists. China has increased borrowing costs to cool the world's fastest-growing major economy and curb inflation.
Read more at Bloomberg Bonds News
Trichet Warns of `Dangerous Herding' Risks as Derivatives Market Expands
(Bloomberg) -- Credit derivatives may create risks to the financial markets if events prompt investors to exit at the same time, said European Central Bank President Jean-Claude Trichet.
Investors ``may react in a way that can suddenly lead to dangerous herding behavior,'' said Trichet, who was speaking in Boston at the annual meeting of the International Swaps and Derivatives Association, which represents 750 banks and securities firms. ``Such situations are also a matter of concern from a systemic liquidity viewpoint.''
Read more at Bloomberg Bonds News
Investors ``may react in a way that can suddenly lead to dangerous herding behavior,'' said Trichet, who was speaking in Boston at the annual meeting of the International Swaps and Derivatives Association, which represents 750 banks and securities firms. ``Such situations are also a matter of concern from a systemic liquidity viewpoint.''
Read more at Bloomberg Bonds News
Brazil Central Bank Split on Cut Signals Pace May Quicken at Next Meeting
(Bloomberg) -- The Brazilian central bank's decision yesterday to lower the benchmark lending rate a quarter percentage point was too modest for three of seven directors, signaling the pace of cuts may quicken in coming months.
Policy makers, led by central bank President Henrique Meirelles, reduced the overnight lending rate to a record low of 12.5 percent, matching the forecast by all 24 economists surveyed by Bloomberg.
Read more at Bloomberg Emerging Markets News
Policy makers, led by central bank President Henrique Meirelles, reduced the overnight lending rate to a record low of 12.5 percent, matching the forecast by all 24 economists surveyed by Bloomberg.
Read more at Bloomberg Emerging Markets News
Spanish Land Grab Threatens to Slow Expat Rush for Homes on Costa Blanca
(Bloomberg) -- Linda Brennan and Terry Venables are making their last stand. Bulldozers await the green light to demolish part of their century-old house in Spain's Valencia region, so they never leave the property unoccupied.
Venables, a former British soldier, shouts in rage as he points to stakes that mark out the foundations of vacation villas a developer plans to build on land where their pear trees and grape vines once flourished. Rather than being compensated, they received a bill for 69,900 euros ($91,670) to bring services such as power and water to their new, unwanted neighborhood.
Read more at Bloomberg Exclusive News
Venables, a former British soldier, shouts in rage as he points to stakes that mark out the foundations of vacation villas a developer plans to build on land where their pear trees and grape vines once flourished. Rather than being compensated, they received a bill for 69,900 euros ($91,670) to bring services such as power and water to their new, unwanted neighborhood.
Read more at Bloomberg Exclusive News
Crude Oil Is Little Changed After U.S. Refineries Increase Gasoline Output
(Bloomberg) -- Crude oil was little changed after a jump in U.S. refining trimmed the nation's oil stockpiles and stalled a three-day decline in prices yesterday.
Refinery operating rates rose 2 percentage points to 90.4 percent of capacity last week, the highest since Jan. 5, and six-times the increase forecast by analysts. Gasoline rose after the report showed stockpiles of the motor-fuel fell more than forecast even as production increased and demand eased.
Read more at Bloomberg Energy News
Refinery operating rates rose 2 percentage points to 90.4 percent of capacity last week, the highest since Jan. 5, and six-times the increase forecast by analysts. Gasoline rose after the report showed stockpiles of the motor-fuel fell more than forecast even as production increased and demand eased.
Read more at Bloomberg Energy News
Copper in New York Drops Most in a Week on Surplus, Grasberg Production
(Bloomberg) -- Copper in New York fell the most in almost a week after a report showed the metal was in surplus in the first two months of the year and a labor protest failed to disrupt supplies from the world's second-biggest copper mine.
Copper production exceeded demand by 115,000 metric tons in January and February, the World Bureau of Metal Statistics said in a statement today. Freeport-McMoRan Copper & Gold Inc. said its Grasberg mine was still operating as thousands of workers protested. Prices had gained 4 percent in the previous two sessions on speculation mine output would lag behind demand.
Read more at Bloomberg Commodities News
Copper production exceeded demand by 115,000 metric tons in January and February, the World Bureau of Metal Statistics said in a statement today. Freeport-McMoRan Copper & Gold Inc. said its Grasberg mine was still operating as thousands of workers protested. Prices had gained 4 percent in the previous two sessions on speculation mine output would lag behind demand.
Read more at Bloomberg Commodities News
ASML Holding, Cognex, United Technologies, Yahoo!: U.S. Equity Preview
(Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in U.S. exchanges today. This preview includes news that broke after exchanges closed yesterday. Stock symbols are in parentheses after company names. Share prices are as of 8:20 a.m. New York time.
ASML Holding NV (ASML US) rose $1.20, or 4.6 percent, to $27.35 in trading before the open of U.S. exchanges. Europe's largest maker of semiconductor-manufacturing equipment said in an e-mailed statement today that first-quarter net income almost doubled to 153.3 million euros ($208.3 million) from 80 million euros a year earlier. Analysts had estimated profit of 151.6 million euros, according to the median estimate of nine analysts.
Read more at Bloomberg Stocks News
ASML Holding NV (ASML US) rose $1.20, or 4.6 percent, to $27.35 in trading before the open of U.S. exchanges. Europe's largest maker of semiconductor-manufacturing equipment said in an e-mailed statement today that first-quarter net income almost doubled to 153.3 million euros ($208.3 million) from 80 million euros a year earlier. Analysts had estimated profit of 151.6 million euros, according to the median estimate of nine analysts.
Read more at Bloomberg Stocks News
U.K. Pound Touches Highest in More Than Quarter Century on Bank Minutes
(Bloomberg) -- The pound touched its strongest in more than a quarter-century after a U.K. report showed wage growth quickened and the Bank of England's minutes said two policy makers voted for higher interest rates.
The government said incomes grew at the fastest pace since 2004. Futures prices show investors added to bets the central bank will probably raise its benchmark rate twice this year, to the highest among Group of Seven nations. Inflation is the fastest in a decade, the government said yesterday.
Read more at Bloomberg Currencies News
The government said incomes grew at the fastest pace since 2004. Futures prices show investors added to bets the central bank will probably raise its benchmark rate twice this year, to the highest among Group of Seven nations. Inflation is the fastest in a decade, the government said yesterday.
Read more at Bloomberg Currencies News
Amphenol 1st-quarter earnings rise
(Reuters) - Earnings rose to $77.7 million, or 43 cents per share, from $57.3 million, or 31 cents per share, a year earlier.
Analysts, on average, expected 41 cents per share, according to Reuters Estimates.
Read more at Reuters.com Market News
Analysts, on average, expected 41 cents per share, according to Reuters Estimates.
Read more at Reuters.com Market News
Cytomedix says FDA still reviewing appeal on foot ulcer gel
(Reuters) - In October, the regulators denied Cytomedix's claim that AutoloGel was substantially equivalent to a legally marketed device.
Read more at Reuters.com Government Filings News
Read more at Reuters.com Government Filings News
UPDATE 1-Signet profit rises but U.S. market weakens
(Reuters) - LONDON, April 18 - Jewellery retailer Signet Group posted a 6.4 percent rise in full-year profit on Wednesday but said the trading environment in the United States had weakened since the start of its new financial year.
Based in Britain, but with around 75 percent of its sales coming from the U.S., Signet said pretax profit was 213.2 million pounds in the year to Feb. 3 and that the challenging UK market had strengthened a little.
Read more at Reuters.com Market News
Based in Britain, but with around 75 percent of its sales coming from the U.S., Signet said pretax profit was 213.2 million pounds in the year to Feb. 3 and that the challenging UK market had strengthened a little.
Read more at Reuters.com Market News
Metro Inc.'s second-quarter profit rises 8.4 pct
(Reuters) - Metro, Canada's third largest food retailer after Loblaw Cos and Sobeys Inc. , said it earned C$61.8 million, or 53 Canadian cents a share for the quarter, up from C$57 million, or 49 Canadian cents a share in the year earlier period.
Read more at Reuters.com Market News
Read more at Reuters.com Market News
Motorola posts quarterly loss, revenue down
(Reuters) - Last month Motorola had forecast a per-share loss of 7 cents to 9 cents, including 9 cents of special charges, on revenue of $9.2 billion to $9.3 billion.
Its shares have lost about a third of their value since mid-October as the company has disappointed investors for three straight quarters.
Read more at Reuters.com Business News
Its shares have lost about a third of their value since mid-October as the company has disappointed investors for three straight quarters.
Read more at Reuters.com Business News
Hedge fund buying Fremont loans -report
(Reuters) - Ellington Capital could not immediately be reached for comment.
Read more at Reuters.com Mergers News
Read more at Reuters.com Mergers News
CIT first-quarter profit rises
(Reuters) - April 18 - CIT Group Inc. , a consumer and commercial finance company, said on Wednesday quarterly earnings rose, helped by strong asset growth and an increase in new business volume.
The company said first-quarter profit rose to $271.4 million, or $1.37 a share, from $229.7 million, or $1.12 a share a year earlier.
Read more at Reuters.com Bonds News
The company said first-quarter profit rose to $271.4 million, or $1.37 a share, from $229.7 million, or $1.12 a share a year earlier.
Read more at Reuters.com Bonds News
Threadneedle Sells First Bonds From $200 Million Flexible Credit Fund
(Bloomberg) -- Threadneedle Asset Management Ltd., the London-based money manager that's owned by American Express Co., has sold the first bonds from a new fund pooling credit- default swaps.
The transaction, called Polestar, will earn a return for investors by buying and selling credit-default swaps on company bonds and bond indexes. The fund, which was structured by Royal Bank of Scotland Group Plc, has sold about $80 million of notes so far, and is targeting sales of $200 million.
Read more at Bloomberg Bonds News
The transaction, called Polestar, will earn a return for investors by buying and selling credit-default swaps on company bonds and bond indexes. The fund, which was structured by Royal Bank of Scotland Group Plc, has sold about $80 million of notes so far, and is targeting sales of $200 million.
Read more at Bloomberg Bonds News
U.S. Stock-Index Futures Decline; IBM, Yahoo Shares Retreat on Earnings
(Bloomberg) -- U.S. stock-index futures dropped after earnings from International Business Machines Corp. and Yahoo! Inc. disappointed some investors, reviving concern profit growth is slowing.
IBM, the world's biggest computer-services company, fell in Europe after reporting first-quarter net income that failed to exceed analysts' estimates. Yahoo tumbled after profit and sales at the owner of the most-visited U.S. Web site trailed forecasts.
Read more at Bloomberg Stocks News
IBM, the world's biggest computer-services company, fell in Europe after reporting first-quarter net income that failed to exceed analysts' estimates. Yahoo tumbled after profit and sales at the owner of the most-visited U.S. Web site trailed forecasts.
Read more at Bloomberg Stocks News
U.K. Pound Gains to Highest in More Than Quarter Century on BOE Minutes
(Bloomberg) -- The pound rallied to its highest since 1981 after minutes of the Bank of England's latest meeting of policy makers showed two of them voted for an immediate quarter point increase in interest rates.
The pound touched $2.0133 after the minutes showed Timothy Besley and Andrew Sentance voted to increase rates, while the other 7 members of the committee voted to keep rates unchanged this month. Ten out of 22 economists in a Bloomberg News survey predicted a three-way split among the Monetary Policy Committee members. Noone forecast the decision to keep the benchmark rate at 5.25 percent this month would be unanimous.
Read more at Bloomberg Currencies News
The pound touched $2.0133 after the minutes showed Timothy Besley and Andrew Sentance voted to increase rates, while the other 7 members of the committee voted to keep rates unchanged this month. Ten out of 22 economists in a Bloomberg News survey predicted a three-way split among the Monetary Policy Committee members. Noone forecast the decision to keep the benchmark rate at 5.25 percent this month would be unanimous.
Read more at Bloomberg Currencies News
U.K. Pound at 15-Year High Before Bank Releases Minutes of Rate Meeting
(Bloomberg) -- The pound rose to its highest since September 1992 on speculation the minutes of the Bank of England's last meeting will suggest policy makers are minded to raise interest rates twice more this year to head off inflation.
The pound broke through the $2 mark for the first time in 15 years yesterday after a government report showed inflation unexpectedly quickened, breaching the bank's 2 percent target by more than 1 percentage point. Ten out of 22 economists in a Bloomberg News survey predict a three-way split among members of the Monetary Policy Committee, and noone predicts the decision to keep rates on hold at 5.25 percent this month was unanimous.
Read more at Bloomberg Currencies News
The pound broke through the $2 mark for the first time in 15 years yesterday after a government report showed inflation unexpectedly quickened, breaching the bank's 2 percent target by more than 1 percentage point. Ten out of 22 economists in a Bloomberg News survey predict a three-way split among members of the Monetary Policy Committee, and noone predicts the decision to keep rates on hold at 5.25 percent this month was unanimous.
Read more at Bloomberg Currencies News
Oil rises on forecast of lower U.S. gasoline stocks
(Reuters) - London Brent crude for June was up 31 cents to $66.24 a barrel by 0809 GMT, after sliding $1.32 on Tuesday. U.S. May crude futures gained 25 cents to $63.35, after a 51-cent loss on Tuesday.
Gasoline stockpiles are seen falling 2.1 million barrels last week in U.S. data due later on Wednesday, a Reuters survey of analysts showed, which would take stocks down for the 10th week on strong demand and refinery glitches.
Read more at Reuters.com Hot Stocks News
Gasoline stockpiles are seen falling 2.1 million barrels last week in U.S. data due later on Wednesday, a Reuters survey of analysts showed, which would take stocks down for the 10th week on strong demand and refinery glitches.
Read more at Reuters.com Hot Stocks News
U.K. FTSE 100 Stocks Decline, Paced by BP, Shell; L&G, BAE Systems Fall
(Bloomberg) -- U.K. stocks declined, paced by BP Plc and Royal Dutch Shell Plc. Legal & General Group Plc and BAE Systems Plc fell as their shares traded without the right to the latest dividend.
The benchmark FTSE 100 Index slipped 18.10, or 0.3 percent, to 6479.70 at 8:13 a.m. The FTSE All-Share Index lost 0.2 percent to 3367.94. Ireland's ISEQ Index dropped 0.3 percent to 9674.64.
Read more at Bloomberg Stocks News
The benchmark FTSE 100 Index slipped 18.10, or 0.3 percent, to 6479.70 at 8:13 a.m. The FTSE All-Share Index lost 0.2 percent to 3367.94. Ireland's ISEQ Index dropped 0.3 percent to 9674.64.
Read more at Bloomberg Stocks News
GSK gets Japanese approval for Advair, Arixtra
(Reuters) - "The additional news, that Arixtra is also approved today...is further evidence of a strong product pipeline coming to fruition in this key international market."
Read more at Reuters.com Government Filings News
Read more at Reuters.com Government Filings News
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