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UPDATE 1-Dr Reddy's gets FDA approval for Roche drug generic; shares at record high
2014-11-07 15:21:55| Biotech - Topix.net
Indian drugmaker Dr Reddy's Laboratories Ltd said on Friday it has received final approval from the U.S. Food and Drug Administration to make a cheaper version of Roche Holding AG's antiviral Valcyte, sending its stock to a record high. The move comes after Ranbaxy Laboratories Ltd said on Thursday that FDA had stripped the company of its tentative approval to launch the first copy of the drug due to quality control issues at its manufacturing plants.
UPDATE 1-Apple supplier Skyworks forecasts revenue above estimates
2014-11-07 03:00:41| Electronics - Topix.net
Radio frequency chip supplier Skyworks Solutions Inc forecast better-than-expected revenue in the current quarter, helped by increased demand from smartphone makers, particularly Apple Inc. Apple sold 10 million of its latest iPhones in the first weekend after the new, larger phone models went on sale in 10 countries on Sept. 19. The devices will be available in more than 115 countries by the end of the year.
Tags: update
estimates
revenue
supplier
UPDATE 2-Canada's Potash to spend over $53 mln in US Clean Air Act case
2014-11-07 01:47:21| Chemicals - Topix.net
Potash Corp of Saskatchewan Inc agreed to spend more than $52 million on plant improvements and pay a $1.3 million civil penalty to resolve U.S. charges that it violated the Clean Air Act over the emission of harmful pollutants such as sulfur dioxide, U.S. authorities said. Thursday's accord with the world's largest fertilizer producer includes a consent decree, and is the largest in the U.S. Department of Justice's effort to address Clean Air Act violations by sulfuric acid producers.
UPDATE 1-Apple supplier Skyworks forecasts revenue above estimates
2014-11-07 01:07:39| Semiconductors - Topix.net
Radio frequency chip supplier Skyworks Solutions Inc forecast better-than-expected revenue in the current quarter, helped by increased demand from smartphone makers, particularly Apple Inc. Apple sold 10 million of its latest iPhones in the first weekend after the new, larger phone models went on sale in 10 countries on Sept. 19. The devices will be available in more than 115 countries by the end of the year.
Tags: update
estimates
revenue
supplier
Meat Market Update | Beef Cutout Price Rally, Volume Decline
2014-11-06 19:23:00| Beef
The weekly average Choice Box Beef Cutout price increased following the rally in the Daily Cutout, but volume declined dramatically in every category. Total volume was down almost 1,000 loads compared to the previous week. Ed Czerwien, USDA Market News read more
Tags: price
market
volume
update
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