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Cardinal wins order lifting DEA suspension in Florida
BOSTON/WASHINGTON (Reuters) - Cardinal Health Inc won an order on Friday blocking the U.S. Drug Enforcement Administration's suspension of its license to distribute potentially addictive medicines...
- Dow Chemical considers locking in low gas prices
NEW YORK (Reuters) - Dow Chemical Co , one of the largest U.S. buyers of natural gas, is considering a hedging program for the first time in a decade to lock in rock-bottom prices for...
- Analysis: Stock-picking makes a comeback as macro tides fade
NEW YORK (Reuters) - Stock-picking once again matters on Wall Street.
- American Axle profit beats Street
(Reuters) - U.S. auto parts maker American Axle and Manufacturing Holdings Inc posted a fourth-quarter profit that beat market expectations on the back of higher margins.
- Tyson shares up on profit beat, beef outlook
(Reuters) - Tyson Foods Inc's first-quarter profit blew past Wall Street estimates and the meat processor said it expects beef margins to recover in the back half of the year, helping to send its...
- Goldman to face mortgage debt class-action lawsuit
(Reuters) - Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky...
- Edwards Lifesciences shares off 11 pct after sales disappoint
CHICAGO (Reuters) - Edwards Lifesciences Corp shares slid more than 11 percent on Friday, a day after the heart valve maker reported results that disappointed investors and prompted at least one...
- Estee Lauder raises ad spending
(Reuters) - Cosmetics company Estee Lauder Cos Inc forecast quarterly earnings far below Wall Street estimates, saying it suffered because of foreign exchange rates and would increase investments in...
- Urban Outfitters rises as Street cheers executive appointment
(Reuters) - Shares of Urban Outfitters Inc rose as much as 7 percent, after the women's apparel retailer said Tedford Marlow will return to the company as the chief executive of its namesake brand.
- Walgreen sales hit by exit from Express Scripts
(Reuters) - Walgreen Co is being hit by its withdrawal from the Express Scripts Inc pharmacy network and by a much-weaker-than-expected flu season, leading it to temper its expectations for the...
- DryShips open to selling drilling unit Ocean Rig - COO
Oct 6 (Reuters) - DryShips Inc could look at selling its majority-owned Ocean Rig oil drilling unit, and will delay an initial public offering of its tanker business, Chief Operating Officer Pankaj...
- UPDATE 6-Citic Sec makes weak HK debut after $1.7 bln offer
* Some $4.5 bln worth of share sales pulled just last month
- UPDATE 1-China's Citic Securities dips after $1.7bln HK debut
HONG KONG, Oct 6 (Reuters) - Citic Securities Co Ltd, China's largest listed brokerage, fell as much as 4.5 percent before recovering on its Hong Kong stock market debut on Thursday, after raising a...
- UPDATE 1-Glori Energy files for IPO of up to $115 mln
* Intends to list under "GLRI" on NASDAQ (Follows alerts)
- Market Chatter -- Corporate finance press digest
Oct 5 (Reuters) - The following corporate finance-related story was reported by media on Wednesday:
- Dow Chemical considers locking in low gas prices