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NEW YORK-- Alexion Pharmaceuticals raised its 2014 guidance on Monday, saying the national health agency of France will reimburse it for past sales of its drug Soliris. The Cheshire, Conn., company is now forecasting adjusted income of $4.37 to $4.47 per share and $2.15 billion to $2.17 billion in revenue.
Soliris, the company's sole product on the market, is approved in the United States, the European Union and Japan for the two conditions. The drugmaker raised its full-year adjusted earnings forecast to $4.37- $4.47 per share from its previous estimate of $3.70- $3.80.
March 10- Alexion Pharmaceuticals Inc revised its profit and sales outlook for the year after the French government agreed to raise reimbursement payments for the company's lead drug, Soliris. The drugmaker raised its full-year adjusted earnings forecast to $4.37- $4.47 per share from its previous estimate of $3.70- $3.80 per share.
March 9- United Rentals Inc, the world's largest equipment rental company, said on Sunday it had agreed to acquire privately held National Pump, the second-largest specialty pump rental company in North America, for $780 million.
NEW YORK, March 9- Five years ago, the United States was in the midst of its worst recession in seven decades, and stocks were feeling it. On this day in 2009, the S&P 500 hit its nadir, closing at 676.53.
NEW HAVEN, Conn., March 7- A federal jury on Friday found former Jefferies Group Inc trader Jesse Litvak guilty of defrauding clients on mortgage bond trades made after the financial crisis. "Today's verdict shows plainly and powerfully that Wall Street professionals are not above the law," U.S. Attorney Deirdre Daly in Connecticut said in a statement.
NEW YORK, March 7- Famed oil bull Andy Hall's hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/ 2 years, boosted by a rally in crude oil that could help Occidental Petroleum's chances of selling its stake in the fund.
*Putin rebuffs Obama as Ukraine crisis escalates. NEW YORK, March 7- U.S. stocks finished mostly higher on Friday, with the S&P 500 closing at a record after more jobs than expected were created in February and January's figure was revised higher.
NEW HAVEN, Conn., March 7- A federal jury found former Jefferies Group Inc trader Jesse Litvak guilty of defrauding clients on mortgage bond trades, a victory for the government as it probes whether banks cheated their customers in the years after the financial crisis.
*Putin rebuffs Obama as Ukraine crisis escalates. NEW YORK, March 7- U.S. stocks pulled back on Friday, with the Nasdaq extending losses in late afternoon trading as investors adjusted their positions ahead of the weekend and caution prevailed because of the simmering crisis in Ukraine.
March 7- A federal jury found former Jefferies Group Inc trader Jesse Litvak guilty of defrauding clients on mortgage bond trades, a victory for the government as it probes whether banks cheated their customers in the years after the financial crisis.
*Putin rebuffs Obama as Ukraine crisis escalates. NEW YORK, March 7- U.S. stocks trimmed earlier gains on Friday's jobs data to trade little changed by midday as investors turned cautious before the weekend, with the S&P 500 near record highs and a simmering crisis in Ukraine.
WASHINGTON, March 7- The price for power plants to emit 1 ton of carbon dioxide in nine northeastern U.S. states cleared at a record $4 per short ton at the Regional Greenhouse Gas Initiative's 23rd permit auction, the market's administrator said Friday.
Treasury debt prices fell on Thursday as fears over a war in Ukraine abated, helping drive benchmark yields to their highest levels in a week, and as traders prepared for Friday's key non-farm payrolls report. Markets await the results from a referendum vote due in 10 days that will decide whether Crimea will become a part of Russia.
*Crimean parliament votes to join Russia. Crimea's Moscow- backed parliament voted to allow the southern Ukrainian region to become part of Russia on Thursday, as the U.S. ordered asset freezes and travel bans on a list of individuals it said were involved in Russia's military intervention.
NEW YORK, March 5- Oil slid further on Wednesday, weighing on a key commodities index, but gold, nickel and coffee prices rose as investor attention returned after a brief pause over the Ukraine crisis.
*Dialogue used to resolve Ukraine issues- U.S.' Kerry. NEW YORK, March 5- Oil prices slid nearly $2 per barrel on Wednesday as U.S. government data reflected weaker oil demand as Europe and the United States head into spring and refiners move into maintenance season.
SAN FRANCISCO, March 5- Facebook Inc and its photo sharing subsidiary, Instagram, will delete posts offering to buy or sell guns without background checks, Facebook announced on Wednesday.
NEW YORK-- Smith& Wesson's stock jumped 10 in premarket trading Wednesday after the gun maker's quarterly performance topped expectations and its outlook surprised Wall Street. KeyBanc Capital Markets analyst Scott Hamann said that he is still cautious on the firearms industry and anticipates Smith& Wesson will face moderating demand.
WASHINGTON, March 4- The U.S. Air Force decided on Tuesday to start work on a new rescue helicopter by United Technologies Corp's Sikorsky Aircraft in fiscal 2015, a surprising turnaround hours after the Pentagon told Congress the program had been postponed.