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  • Merck& Co. voluntarily pulled the blockbuster drug in 2004 amid evidence that it doubled the chances of having a heart attack or stroke. Now tiny Tremeau Pharmaceuticals is working to bring back it back, to treat severe joint pain caused by the bleeding disorder hemophilia. "It seemed to me that there was a huge unmet medical need" for these patients, Brad Sippy,...

  • EDEN PRAIRIE, Minn. _ Evine Live Inc. on Tuesday reported a loss of $1.1 million in its fiscal third quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Nov 21- Lowe's Cos Inc said on Tuesday its third-quarter profit more than doubled, helped by lower costs as well as higher demand for emergency supplies and rebuilding material due to hurricanes battering several regions in the United States. Sales at stores open at least a year increased 5.7 percent, above the average analyst estimate of 4.6 percent growth,...

  • MOORESVILLE, N.C. _ Lowe's Cos. on Tuesday reported fiscal third-quarter net income of $872 million. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share. Lowe's expects full-year earnings to be $4.20 to $4.30 per share.

  • ATHENS, Greece— Workers on the Greek capital's subway system have walked off the job in a 24- hour strike that has snarled traffic across Athens. The metro workers' union called the strike to protest what they say is underfunding of the public transport system, and the possibility that the Athens Metro would be included in privatization plans.

  • TOKYO, Nov 21- Japan Tobacco Inc will seek acquisition opportunities overseas, said Masamichi Terabatake who is slated to become its CEO in January, to secure growth as the rise of vaping rivals snuffs out the company's cigarette sales at home. The 51- year-old executive, who will replace Mitsuomi Koizumi as CEO, is currently deputy CEO at JT International, a...

  • BUDAPEST, Nov 21- The forint eased slightly on Tuesday, underperforming the Polish zloty, before a meeting of Hungary's central bank which may announce new measures to ease monetary conditions. But the bank, led by Gyorgy Matolcsy, a strong ally of Prime Minister Viktor Orban who is preparing to face an election, has signaled it could take further measures to push...

  • JOHANNESBURG, Nov 21- Markets have penciled-in a resumption of rate hikes in South Africa next year, a move that would put an end to the central bank's shortest easing cycle on record. A majority of analysts expect the South African Reserve Bank to keep the rates on hold again on Thursday, and will search for clues on where it sees lending rates in future.

  • LONDON, Nov 21- British ship insurer Standard Club is setting up a new European Union subsidiary in Dublin in case Britain loses access to the single market after Brexit, becoming the second of these specialized providers to opt for Ireland. "We have concluded that Dublin offers the best location to serve European members post-Brexit," Standard Club's chief...

  • LONDON, Nov 21- Emerging stocks raced to fresh six-year highs on Tuesday, lifted by stellar gains in Asia but Turkish markets fell heavily, pressured by worsening ties with the United States and fears the central bank would be unable to combat an inflation spike. But the currency has also underperformed emerging market peers, weakening nearly 10 percent since...

  • LONDON, Nov 21- Emerging stocks raced to fresh six-year highs on Tuesday, lifted by stellar gains in Asia but Turkish markets fell heavily, pressured by worsening ties with the United States and fears the central bank would be unable to combat an inflation spike. But the currency has also underperformed emerging market peers, weakening nearly 10 percent since...

  • LONDON— British media reports say the U.K. is planning to offer more money to settle its "Brexit bill" with the European Union, but only if the EU agrees to start discussing a future free-trade deal. Britain has previously offered about 20 billion euros, but the EU wants at least 60 billion euros. May's office declined to confirm the amount, but said that "the U.K. and the...

  • LONDON, Nov 21- Drug company Concordia overcharged Britain's health service millions of pounds for an essential thyroid drug by abusing its position as the only supplier, the country's Competition and Markets Authority said on Tuesday. The National Health Service spent 34 million pounds on liothyronine tablets last year, up from 600,000 pounds a decade ago,...

  • ABU DHABI, Nov 20- Abu Dhabi National Oil Company has embarked on a major shake-up plan to privatise its services businesses, venture into oil trading and expand partnerships with strategic investors, its chief executive said on Monday. The state firm plans to sell at least 10 percent of its fuel retail unit, ADNOC Distribution, in an initial public offering this...

  • ABU DHABI, Nov 20- Abu Dhabi National Oil Company has embarked on a major shake-up plan to privatize its services businesses, venture into oil trading and expand partnerships with strategic investors, its chief executive said on Monday. The state firm plans to sell at least 10 percent of its fuel retail unit, ADNOC Distribution, in an initial public offering this...

  • LONDON, Nov 21- European shares opened lower on Tuesday but quickly recovered as continued faith in the underlying strength of the European economy and a synchronised global expansion overcame negative trading updates, notably in Britain. Germany's DAX was up 0.1 percent after Chancellor Angela Merkel said she would prefer a new election to minority rule...

  • LONDON, Nov 21- Sterling strengthened to an eight-day high against the euro on Tuesday as political uncertainty in Germany kept the single currency under pressure while cautious optimism around Prime Minister Theresa May's Brexit bill offer supported the pound. The Independent news website said May's opening offer could double to around 40 billion euros...

  • *China to step up financial regulation in the property market. BEIJING, Nov 21- China will step up financial regulation and crack down on speculation in the property market to stabilize prices and fend off bubble risks, state television CCTV reported on Tuesday, signaling renewed efforts to rein in risks from a rapid build-up in debt in the economy.

  • BEIJING— State-owned airline Air China suspended flights Tuesday between Beijing and North Korea due to a lack of demand, deepening the North's isolation amid mounting U.N. sanctions over its nuclear and missile programs. President Donald Trump's decision to add Pyongyang to a list of governments that support terrorism but there was no indication that...

  • It said it is refocusing on North America and announced it had spent $750 million on cement acquisitions in Florida, making it the largest building materials company in the state. CRH recently secured a deal to buy U.S. cement maker Ash Grove Cement Co for $3.5 billion to strengthen its grip in North America, and last week it joined the race for South African cement...