Bloomberg:
- Shares of Elan rose as much as 37% after a review of multiple sclerosis patient data raised speculation that the withdrawn Tysabri medicine may be allowed back on the market.
- Discovery landed safely at Edwards Air Force Base in California, ending a troubled mission that marked the shuttle’s return to space since the destruction of Columbia in 2003.
Wall Street Journal:
- Oil refiners are putting airlines under pressure by increasing the margins they make from processing crude into jet fuel.
- Lenovo Group Ltd., the China-based group that bought IBM’s personal computer-manufacturing unit, will issue results tomorrow that will let investors see how the group is integrating the personal computer business.
- Verizon Communications plans to join an organization studying how to use coaxial wiring to connect televisions, computers and other appliances.
- Labor unions must convince workers that they are committed to their interests to attract new members, John Zogby, chief executive of polling company Zogby International wrote.
NY Times:
- GM has sold this year the most so-called very small vehicles, which aren’t available in the US, boosted by minivan sales in China.
- The SEC is studying whether doctors involved in clinical trials accept money to talk to analysts and investors about the confidential results.
- Boston Scientific has enjoyed huge success with its Taxus stent but the result is that the company derives more than half its profit from just one product.
Philadelphia Inquirer:
- Comcast Corp. is close to reaching a two-year agreement worth more than $100 million to broadcast NHL games this year.
LA Times:
- California workers’ compensation premiums fell 14.6% for policies written or renewed after July 1 because of increased competition among insurers.
Gulf News:
- Saudi Arabia denied there was a threat of a terrorist attack in the kingdom after the US government closed its embassy in the capital, Riyadh, and consulate in Jeddah because of security concerns.
No comments:
Post a Comment