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Shire deal falls through after US firm pulls the plug

2014-10-23 14:46:30| Biotech - Topix.net

AMERICAN drug firm AbbVie has pulled out of a A 32billion deal to buy Basingstoke-based pharmaceutical firm Shire plc after the US Treasury announced new tax rules. The Chicago-based company's decision follows US tax changes.

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Hyundai Motor's 3Q profit falls 28 percent

2014-10-23 10:47:01| Automakers - Topix.net

Hyundai Motor Co. said Thursday its profit sank nearly 30 percent for the July-September quarter, hurt by a stronger South Korean currency and weak sales growth in its home market.

Tags: percent falls profit motors

 
 

Petroleum Demand Falls In September And Third Quarter (Includes Monthly Statistical Report)

2014-10-21 04:35:07| oilandgasonline Home Page

Total U.S. petroleum deliveries (a measure of demand) decreased by 3.5 percent from September 2013 to average 18.6 million barrels per day last month. For the third quarter, petroleum demand fell by 0.9 percent from the same period last year.

Tags: report september includes monthly

 

IBM stock falls 7% after it downgrades earnings forecast

2014-10-20 21:32:21| Semiconductors - Topix.net

Ginni Rometty, chairwoman and CEO of IBM, sold off the company's underperforming semiconductor business by paying Globalfoundries to take it. International Business Machines Corp. fell seven per cent Monday morning on stock markets after it abandoned a five-year plan to boost its profit.

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Not too sexy to the city: Jimmy Choo's stock market debut falls flat

2014-10-17 22:48:24| Footwear - Topix.net

A model presents a creation from Jimmy Choo during its "London Collections: Men" show in London in this June 16, 2014. A model presents a creation from Jimmy Choo during its "London Collections: Men" show in London in this June 16, 2014.

Tags: city market stock flat

 

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