Hints and tips:
...Days before the event, analysts say the smartphone looks set to underwhelm....
...“We’re losing about €120 a day, each taxi.”...
...A day after almost half of Shire shareholders voted against the drugmaker’s remuneration report at its annual meeting in Dublin, the chief executive served a reminder of why the board saw fit to increase...
...Two deals with NPS Pharma and Dyax followed, but the pursuit of Baxalta was by far the most ambitious....
...A physician survey suggested that the two drugs could be worth $9bn on present value, against Shire’s NPS purchase price in January of $5.2bn, UBS said....
...In clinical trials, Vyvanse was shown to reduce the mean number of “binge days” per week from 4.79 to 0.78, compared with a reduction to 2.22 for those given a placebo....
...The shares ended the day at $220.22....
...Roche, Johnson & Johnson and Biogen Idec were among drugmakers to announce tie-ups on Monday, a day after Shire agreed to buy NPS Pharmaceuticals for $5.2bn....
...Elliott’s announcement came a day after Samsung Electronics said it had no plans to acquire the IT services business Samsung SDS, in which Lee Jae-yong is the major shareholder....
...The NPS has taken stands against chaebol management: it opposed the re-election of two Hyundai Motor Group company directors over the Seoul land purchase and last month voted against the merger of two SK...
...Within days, he had revived Shire’s own expansion plans that had been put on hold when AbbVie came calling....
...Until recently, the pool of specialty targets included Salix, a gastrointestinal drugmaker that is selling itself to Valeant, and NPS Pharma, which was acquired in January by Shire....
...(Bloomberg) Shire’s $5.2bn deal Britain’s third-largest drugmaker by market value will buy US biotechnology company NPS – its biggest ever acquisition ....
...The following day the House of Representatives passed a bill to delay part of the Volcker rule, a provision that limits bank risk taking....
...The most striking research of all, for my money, was published by Nikolaos Askitas and Klaus Zimmermann as an IZA working paper in February....
...NPS does not yet invest in hedge funds either inside Korea or outside but that may soon change. The following day, NPS held a breakfast to which hedge funds flocked....
...But since our “meat and greet” was the following evening, I had the opportunity for almost a full shopping day beforehand. I figured retail therapy was the best antidote for aeronautic turbulence....
...“People are not going to stop using electricity,’’ said Bill Holloran, a senior vice president at Day & Zimmermann, the largest power operations and maintenance firm in the country....
...Banks process the largest cheques first each day, so account holders may be hit with more insufficient-funds penalties....
...However, they stressed that full exports would be back on line within days....
International Edition