Showing posts with label Bristol-Myers. Show all posts
Showing posts with label Bristol-Myers. Show all posts

Wednesday, June 20, 2007

Total says still plans to sell Sanofi stake soon

(Reuters) - Its comment came after Sanofi and its U.S. partner Bristol-Myers Squibb on Tuesday won a U.S. trial upholding a patent on Sanofi's blockbuster bloodthinner Plavix.



"Our position on Sanofi has not changed since our annual general meeting last month," a spokeswoman at Total said, giving no further details on the timing of a sale.


Read more at Reuters.com Mergers News

Tuesday, June 19, 2007

US STOCKS-Indexes flat, Best Buy fuels spending worry

(Reuters) - NEW YORK, June 19 - U.S. stocks were little
changed on Tuesday as a favorable court ruling for
Bristol-Myers Squibb and a pullback in benchmark bond yields
tempered concerns over disappointing profits from Best Buy Co.
Inc. .




Shares of Best Buy, the top U.S. electronics chain, slid
4.6 percent, as its earnings report raised doubts about the
U.S. economy's health and the outlook for consumer spending and
corporate profit growth.


Read more at Reuters.com Bonds News