Markets


Pfizer spends $14B on Medivation in cancer fight
- August 23, 2016

The boards of both companies have approved the deal, which is targeted to close in the third of fourth quarter. Pfizer Chief Executive Ian Read told analysts the Medivation deal was mainly driven by the desire to obtain Xtandi, although he expressed high hopes for talazoparib and pidilizumab, experimental Medivation drugs for breast cancer and lymphoma, respectively. (more...)
West Ham youngster Reece Burke signs new four-year contract
- August 23, 2016

Winger Antonio was pressed into a makeshift right-back role towards the end of last season due to a spate of injuries, but after a promising start mistakes crept in, culminating in the error which gifted Chelsea a penalty last Monday. The decision was taken as a safety measure after a vast amount of supporters persistently stood up during West Ham's first two matches at the new stadium - a Europa League qualifier against NK Domzale and a friendly against Juventus. (more...)
Turkey stumped on wedding attacker
- August 23, 2016

His comments apparently contradicted those by President Recep Tayyip Erdogan who said on Sunday that the bomber was a child aged between 12-14 acting on orders of Islamic State (IS) jihadists. The attack late Saturday on a crowded street wedding in the city of Gaziantep was the latest in a devastating series of bombings in Turkey at a time when the country is riven by internal upheaval and shaken by the civil war in neighboring Syria. (more...)
Attorney sues Ohio judge over Black Lives Matter button Attorney sues Ohio judge over Black Lives Matter button
- August 23, 2016

About 20 members of the movement said they were protesting what they believe to be the NAACP's inaction regarding violence against police officers and destruction of property. Because of its widespread popularity, white supremacists reference this slogan constantly, in its full form as well as in abbreviated versions such as " 14 Words ", "Fourteen Words", or simply the number "14". (more...)
Next RBI Governor Urjit Patel should be able to contain inflation: Government
- August 23, 2016

The comments come after RBI deputy governor Urjit Patel on August 17 won a promotion to run the central bank with a mandate to cement the bank's commitment on keeping inflation low. The government is expected to choose its members this month. With frequent detailing of the uneasy relationship between the RBI Governor with the Finance Ministry, Sharma said Patel's expertise in fiscal policy will serve as a "bridge between RBI and Government". (more...)
EP Energy Corp. (EPE) Stock Rating Upgraded by Vetr Inc EP Energy Corp. (EPE) Stock Rating Upgraded by Vetr Inc
- August 23, 2016

The company has a market cap of $25.20 billion. In Paychex, Inc. (NASDAQ:PAYX) latest quarter ended on 31 May 2016, company announced earnings of $0.49. Finally, TIAA CREF Investment Management LLC increased its position in shares of EP Energy Corp.by 16.7% in the first quarter. Encompass Capital Advisors LLC now owns 3,454,587 shares of the company's stock valued at $15,131,000 after buying an additional 351,987 shares during the period. (more...)
The Company Behind the Dakota Access Pipeline is Suing a Tribal Chairman
- August 23, 2016

Dakota Access Pipeline has names Standing Rock Chairman Dave Archambault, Councilman Dana Yellow Fat and individual land and water defenders. Construction began near the Missouri River section of the 1,200-mile Dakota Access Pipeline last week. (more...)
Big Oil files restraining order against Standing Rock Sioux officials…
- August 23, 2016

The order prohibits threats of violence or harm, and criminal activity, but does not restrict peaceful protest. "As we have said from the beginning, demonstrations regarding the Dakota Access pipeline must be peaceful", Archambault said in a statement to reporters on August 17. (more...)
Rio prosecutor wants Feigen fine upped to $50000
- August 23, 2016

He accepted responsibility for his role in "taking the focus away from the many athletes fulfilling their dreams of participating in the Olympics". The 12-time gold medalist reiterated his view that a stranger pointed a gun at him and demanded money to let him leave. (more...)
Oil tumbles, Treasuries rise as investors await Fed
- August 23, 2016

William Dudley and Mr. Dennis Lockhart, Presidents of the NY and Atlanta Fed. USA crude fell 2.7 percent to $47.20 after gaining 9 percent last week, rising for a second straight week. Bond yields move inversely to prices. ANALYST'S TAKE: "Recent market price action suggests that nervousness about Fed policy may persist ahead of the Jackson Hole symposium ", said Citigroup economists in a report. (more...)
Tip line set up to find killer of jogger Vanessa Marcotte
- August 23, 2016

Her body was found by police at around 8pm that evening on the same street as her mother's house, but without any clothes and a series of freakish burns on different parts of her body. Sunday to call the police tip line at 508-453-7589. She said she didn't, but it was not hard to imagine the poor Marcotte jogging by and suddenly grabbed by someone and forced into the large woods along the road without anyone else noticing. (more...)
PM appoints Urjit Patel as the successor to Raghuram Rajan PM appoints Urjit Patel as the successor to Raghuram Rajan
- August 23, 2016

RBI's next monetary policy review is due on October 4. Patel is deemed to be hawkish, just like Rajan, and it was a panel led by him that recommended the monetary policy committee (MPC) in the first place, and a switch to inflation - targeting, another Reuters report said. (more...)
ChemChina says US security panel clears Syngenta acquisition ChemChina says US security panel clears Syngenta acquisition
- August 23, 2016

The deal has to be approved by anti-trust regulators in Europe, the United States, the UK, India, Brazil and China, where Syngenta operates. The companies noted that "closing of the transaction is subject to anti-trust review by numerous regulators around the world and other customary closing conditions". (more...)
U.S. bond prices fall ahead of Yellen speech U.S. bond prices fall ahead of Yellen speech
- August 23, 2016

The dollar was up 0.6 percent against its Japanese counterpart at 100.79 yen JPY=, while the euro EUR= was down 0.3 percent at $1.12830, slipping from last week's eight-week high of $1.1366. Several top policy-makers suggested this week the Fed is prepared to raise rates if the economy improves further. That said, we believe Chair Yellen will use the opportunity to signal the FOMC's growing confidence in the outlook for activity and inflation given the rebound in labor markets since June and ... (more...)
Trump postpones immigration speech Trump postpones immigration speech
- August 23, 2016

Trump also met on Saturday with Hispanic supporters, representatives of a community that has been wary of the billionaire businessman's proposals to build a giant wall on the U.S. "[A] nd his optimistic view about the 2020 when he's running for re-election, that's pure Donald Trump". Donald Trump is badly trailing Clinton among minority voters, according to national political surveys. (more...)
Tropical Smoothie Café to no longer source strawberries from Egypt Tropical Smoothie Café to no longer source strawberries from Egypt
- August 23, 2016

Genetic testing completed by the VDH shows that the particular strain of hepatitis A that caused the outbreak has appeared in the past in frozen strawberries from Egypt. A vaccine or immune globulin given within two weeks of exposure to hepatitis A virus is effective at preventing the disease, health official said. (more...)
Red Cross: Relief Operation Cost, at Least $30M Red Cross: Relief Operation Cost, at Least $30M
- August 23, 2016

That's not a matter of if, but when the next one happens so we definitely need volunteer support here locally. The historic flooding there has killed at least seven people and destroyed thousands of homes. Joseph Mertes and his wife Glenda are National Red Cross Volunteers from Atlanta that drove to Augusta to use their Emergence Response vehicle. In addition, five people will work from their homes, deploying virtually to guide families in getting Red Cross assistance by completing ... (more...)
Pfizer says acquiring Medivation for $14 billion
- August 23, 2016

Thank you for reading and relying on TulsaWorld.com for your news and information. Pfizer has been focusing on new treatments - especially drugs for cancer - to give a fillip to its revenue as sales for its other medicines see a slowdown. (more...)
Pfizer bets $14 bln it knows better than market
- August 23, 2016

Xtandi would give the NY drug company a beachhead in prostate cancer complementing its breast-cancer treatment Ibrance, which is on track to be a blockbuster. Putting his hand on Medivation , Pfizer would add to its portfolio the drug against prostate cancer Xtandi promises, analysts, generate its threshold 1.33 billion in 2020 revenue. (more...)
Carolina League to add two teams for 2017 Carolina League to add two teams for 2017
- August 23, 2016

Minor League Baseball says the Rangers and Kinston have a 12-year agreement to play at Grainger Stadium. The Carolina League is also planning to add a second expansion team, giving the league 10 total teams with Fayetteville reportedly aiming to claim that franchise. (more...)

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