AstraZeneca PLC Acquisition of Rights to Actavis' Portfolio

TODAY: March 3, 2015 PUB DATE: March 3, 2015

TIDMAZN RNS Number : 3507G AstraZeneca PLC 03 March 2015 AstraZeneca COMPLETES acquiSITION OF rights to actavis' Branded respiratory portfolio in THE US AND CANADA Acquisition strengthens AstraZeneca's aclidinium respiratory franchise and adds immediate revenues with long-term growth potential AstraZeneca ...

Oil Ticks Higher; Brent above $60

TODAY: March 3, 2015 PUB DATE: March 3, 2015

Crude-oil futures rebounded in Asian trade Tuesday after the previous day's drop as the oil market continues to see-saw amid a rebalancing of underlying oil supply and demand, particularly in the U.S. On the New York Mercantile Exchange, light, sweet ...

Volatile Markets Give Lift to CME's Palm Swaps

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Huileng Tan KUALA LUMPUR--The CME Group is seeing growing participation in its U.S. dollar-denominated Malaysian crude palm-oil calendar swaps amid market volatility, executives said on the sidelines of an industry conference Tuesday. Through CME ClearPort, a record 6,200 lots ...

Swiss Economy Grew More than Expected 4Q, Before SNB Scrapped Franc Cap

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Neil MacLucas ZURICH--Switzerland's economy posted better-than-expected growth in the fourth quarter, the last before a shift in the central bank's policy that sent the Swiss franc soaring. Fueled by private consumption and government spending, the Alpine nation's economy grew ...

CEZ Seeks to Maximize Dividend -- CFO

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Sean Carney PRAGUE--Czech-based electricity company CEZ AS (BAACEZ.PR) doesn't plan any exceptional financial charges or write downs this year and will calculate its dividend payment based on adjusted earnings to maximize the payout to shareholders. "At the current time ...

European Stocks Reverse Earlier Gains -- 3rd Update

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Josie Cox European stocks reversed early gains Tuesday, as investors favored a cautious approach ahead of a European Central Bank monetary policy meeting this week. The Stoxx Europe 600 index traded around 0.3% lower mid afternoon, weakening from gains ...

Brazilian Real Weakens Amid Concern About Economy

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Jeffrey T. Lewis SÃO PAULO--The Brazilian real reached its weakest level against the dollar in more than 10 years Tuesday amid concern the country's political and economic situation is growing worse. The real was trading at 2.9133 to the ...

Stryker Board Approves $2 Billion of Planned Stock Buybacks

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Tess Stynes Stryker Corp. said its board approved the repurchase of an additional $2 billion of the medical-device maker's shares. The new authorization brings the Kalamazoo, Mich.-based company's stock-buyback program to a total of roughly $2.58 billion. Chairman and ...

Chip Maker Places A $12 Billion Bet On Smarter Cars

TODAY: March 3, 2015 PUB DATE: March 3, 2015

(FROM THE WALL STREET JOURNAL 3/3/15) By Don Clark The race to build smarter cars is prompting another race -- to supply the chips that make those vehicles clever. NXP Semiconductor Inc. stepped on the gas on Monday, agreeing to ...

Japan Average Wages Rise

TODAY: March 3, 2015 PUB DATE: March 3, 2015

TOKYO--Average total wages in Japan grew 1.3% on year in January, as pay raises last year and larger bonuses this winter gave a modest lift to the income of average workers. The rise marked the 11th straight year-on-year gain, the ...

Greece Faces Cash Crunch

TODAY: March 3, 2015 PUB DATE: March 3, 2015

BRUSSELS--Greece faces a cash crunch in the coming weeks with little hope of financial help soon from the rest of the eurozone, threatening a serious blow to the country's fragile economy. Though the Greek government secured an extension of its ...

Germany's Merck Cautious After Deal Spree -- Update

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Neetha Mahadevan FRANKFURT--Germany's Merck KGaA forecasts little or no improvement in earnings this year after a slight drop in fourth-quarter net profit, with stiff competition for its blockbuster multiple-sclerosis treatment and higher research spending likely to offset the impact ...

European Stocks Reverse Earlier Gains--2nd Update

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Josie Cox European stocks reversed early gains Tuesday, as investors favored a cautious approach ahead of a key European Central Bank monetary policy meeting later in the week. The Stoxx Europe 600 index which added around 0.2% in early ...

Dos Santos Pushes Merger of Banco BPI, Banco Comercial Portugues

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Patricia Kowsmann LISBON-- Isabel dos Santos, Africa's wealthiest woman and the second-largest shareholder of Portugal's Banco BPI SA, on Monday reacted to a takeover bid for that bank by a Spanish lender by suggesting another deal instead: a merger ...

Sweden Seeks to Drop Budget Surplus Target

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Charles Duxbury STOCKHOLM--Sweden's government on Tuesday said it wants to drop a long-standing budget surplus target to give it greater flexibility for future investments in infrastructure projects. The Social Democrat-led government said a new target to keep public finances ...

Swiss 4Q GDP Growth Steady on Private, Government Spending

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Neil MacLucas ZURICH--Switzerland's economic growth was steady in the fourth quarter, underpinned by robust private and public spending, data released Tuesday showed. Gross domestic product in the three months through December rose 0.6% from the previous quarter and 1.9% ...

EU: Antitrust Chief Met Google Staff Including Eric Schmidt on Monday

TODAY: March 3, 2015 PUB DATE: March 3, 2015

By Tom Fairless BRUSSELS--Google Inc.'s (GOOG) Executive Chairman Eric Schmidt met with Europe's antitrust chief Margrethe Vestager on Monday as the European Union prepares to decide the next steps of a long-running investigation into the U.S. company's search practices in ...