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TFN NEWS BRIEFING: Pharmaceuticals and chemicals highlights to 15:40 BST


Published : Thu, 03 May 2007 15:57
By : Agencies
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2007-05-03 15:30:36

St. Jude Medical gets pacemaker OK

ST. PAUL, Minn. (AP) - Heart device maker St. Jude Medical Inc. said

Thursday it received Food and Drug Administration and European marketing

approval for a new type of pacemaker.

2007-05-03 15:20:13

BASF expands capacity for Oppanol ahead of schedule

FRANKFURT (Thomson Financial) - BASF AG said it has expanded capacity of

medium molecular weight polyisobutene (MM PIB) at its Ludwigshafen site ahead of

schedule.

2007-05-03 12:49:09

GN Store Nord Q1 pretax loss 11 mln dkr; expectations 3 mln pretax profit

COPENHAGEN (Thomson Financial) - GN Store Nord posted a first quarter pretax

loss of 11 mln dkr, down from a pretax profit of 52 mln dkr a year earlier.

2007-05-03 12:32:13

Smith & Nephew unveils margin improvement plan; CEO to retire

LONDON (Thomson Financial) - Smith & Nephew PLC, the world's fourth biggest

maker of replacement hips and knees, unveiled plans to improve profit margins by

400 basis points over the next four years, which will add 150 mln usd to profits

by 2010.

2007-05-03 11:29:19

Texas Roadhouse to join S&P SmallCap 600

NEW YORK (AP) - Standard & Poor's said Wednesday restaurant chain Texas

Roadhouse Inc. will replace Global Imaging Systems Inc. in the S&P SmallCap 600

index.

2007-05-03 11:26:41

Smith & Nephew to grow margins by 1 pct each year; Q1 adjusted EPS up 18 pct

LONDON (Thomson Financial) - Smith & Nephew PLC announced plans for a new

chief executive alongside largely in-line first quarter results in which the

orthopaedics group laid out plans to grow profit margins by at least 1 pct a

year in the next four years.

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