Eli Lilly and Bristol-Myers Squibb beating the consensus

U.S. Laboratories Eli Lilly and Bristol-Myers Squibb on Thursday posted quarterly results above expectations, despite a tighter price controls in Europe, fluctuations in exchange rates and costs of health reform in the U.S. .
Eli Lilly has taken its game in the second quarter thanks to cost control and higher prices in the U.S. [...]

Novartis raised its forecast for 2010

Novartis AG Thursday unveiled figures in line with expectations in the second quarter of 2010 but has attracted attention in revising upward its forecasts for the current year.
The laboratory in Basel now expects growth at constant exchange rates, its revenues would fall between the middle and upper range of a single-digit rate (excluding [...]

The quarterly sales above expectations by Burberry

The UK retailer specializing in luxury Burberry Tuesday reported a turnover exceeding expectations under its first fiscal quarter due to strong demand in Asia and Europe.
Turnover rose 24% to 282 million pounds (337 million euros) for the period April to June, excluding currency effects and taking into account the restructuring of its Spanish [...]

Tokyo stocks end down 2.04%

The Nikkei ended down 2.04% Wednesday, falling to a low of seven months due to a strong aversion to risk caused by both the decline posted Wednesday on Wall Street and by the disturbing news in from China.
The Nikkei lost 191.04 points to 9,191.60 and the broader TOPIX, surrendered 13.03 points (1.55%) to [...]

600 million euros to extend each nuclear reactor

The CEO of EDF, Henri Proglio, estimated at 600 million per reactor investment costs required to extend the life of the French nuclear power plants.
"I estimate at 600 million euros for each extension of the lifetime of nuclear power plants," he said in an interview published Saturday by the Latest News from Alsace. [...]

Wall Street down slightly from the statistics of the day

U.S. stocks opened lower on Thursday as investors questioned the soundness of the economic recovery, although the numbers of registered unemployed, less than expected, came to make a positive impression on the market.
A few minutes after the start of trading, the Dow Jones lost 0.38% to 10,259.59 points while the Standard & Poor's [...]

3 members of the CA Alstom UK arrested for corruption

Three members of the Board of Directors of Alstom in the UK have been placed in custody on suspicion of corruption, money laundering and false accounting, announced the Serious Fraud Office UK.
The arrests came after raids on nine sites of Alstom, said the SFO.
The British authorities suspected payment of bribes, kickbacks [...]

Eurozone – the countries of Euroland are close to agreement on Greece

A European diplomatic source said Tuesday, March 23 evening to AFP that the sixteen countries using the common currency were "close" to an agreement to Adler Greece out of its financial crisis. This should be finalized and announced Thursday morning in Brussels at a summit of leaders of countries in the euro area, just [...]

The station loses nearly one billion euros in 2009

The station has undergone in 2009 a net loss of 980 million, particularly due to impairment without which it would display a positive result of just three million, "she said Wednesday in a statement. The group had posted a profit of 575 million in 2008 and 1.042 billion in 2007. On a turnover – [...]