The Traderszone Network

Orexigen is close to getting Mysimba on the market in Europe.

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The stock market capped a strong week with an advance that sent the S&P 500 higher by 0.5% to extend its weekly gain to 3.4%. The Dow Jones Industrial Average (+0.2%) underperformed today, but the price-weighted index still managed to add 3.0% for the week.

After adding more than 88 points in the previous two sessions, the S&P 500 spent the first half of Friday near its flat line, but climbed ahead of the close. Despite the sharp midweek surge, buying interest remained in place  with nine of ten sectors ending the day in the green.

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Authored by Conrad Black via The National Post,

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While “lowflation” continues to stun central bankers around the world, Zee Germans remain stoic on the sidelines (courtesy of Jens ‘nein nein nein’ Weidmann’s last voice of reason left in the world) in their derision of the ECB’s sovereign QE efforts. If you wondered why they are so vehemntly opposed to the printing of money… perhaps the following chart will help explain – just how quickly a nation can swing from ‘zee stabilitee’ to ‘zee hyperinflation’.

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Asian shares took their cues from Wall Street and kicked off a holiday-shortened week on a strong footing on Monday as oil prices recovered, while the euro touched a fresh two-year low against the greenback …

Mexico’s competition regulator on Sunday approved AT&T Inc’s $1.7 billion purchase of local cellphone company Iusacell, with unspecified conditions, a statement said. The Federal Competition Commission …

Ten years ago, the boss of Qatar Airways, who takes his first new A350 jet this week, warned Airbus it was flying off course. Boeing was knocking on his door with a “super-efficient” jet boasting …