1 May, 2014 by The TZ Newswire Staff Comments Off on Pfizer engages AstraZeneca with raised $106 billion offer
Pfizer engages AstraZeneca with raised $106 billion offer
U.S. drugmaker Pfizer Inc has raised its offer for AstraZeneca Plc to 63 billion pounds ($106 billion), it said on Friday, adding that the British drugmaker was reviewing the proposal. Pfizer’s pursuit of AstraZeneca to create the world’s biggest pharmaceuticals company comes amid a wave of deal-making in the healthcare sector. The 50 pounds ($84.47) a share indicative offer comes after AstraZeneca had rebuffed a proposal valuing it at $98.9 billion, or 46.61 pounds per share. Buying AstraZeneca would boost Pfizer’s pipeline of cancer drugs and create significant cost and tax savings.
1 May, 2014 by The TZ Newswire Staff Comments Off on GBP/USD is back below 1.69
GBP/USD is back below 1.69
FXStreet (Moscow) – GBP/USD opened the day at 1.6891, and slowly moved lower reaching 1.6879 by…
1 May, 2014 by The TZ Newswire Staff Comments Off on EUR/JPY bid above 141.28 – Commerzbank
EUR/JPY bid above 141.28 – Commerzbank
FXStreet (Edinburgh) – The cross would remain bid as long as it keeps the trade above 141.28, notes…
1 May, 2014 by The TZ Newswire Staff Comments Off on All the attention on the US Payrolls today – Danske Bank
All the attention on the US Payrolls today – Danske Bank
FXStreet (Edinburgh) – Chief Analyst Allan von Mehren at Danske Bank, underlines the significance…
1 May, 2014 by The TZ Newswire Staff Comments Off on USD/JPY drifts up ahead of nonfarm payrolls
USD/JPY drifts up ahead of nonfarm payrolls
FXStreet (Córdoba) – The USD/JPY is printing fresh highs early European session as the dollar…
1 May, 2014 by The TZ Newswire Staff Comments Off on Sanctions inflict limited pain on Russia
Sanctions inflict limited pain on Russia
The effect of sanctions on Russia’s economy appears to be more psychological than tangible, the New York Times reports.