IBT Staff Reporter

107671-107700 (out of 154953)

Healthcare shares rise as US reform bill progresses

Healthcare shares rose on Monday as a bill to reform healthcare passed the first critical test in the U.S. Senate, without many of the provisions, such as a government-run health insurance option, that investors most feared would hurt profits.

Healthcare stocks, brokerage upgrades lift shares

Stocks gained more than 1 percent on Monday, buoyed by healthcare shares, after a Senate bill advanced which had been stripped of provisions seen as detrimental to health insurance and other companies.

U.N. probe blames Camara for Guinea killings

Guinea's junta leader Moussa Dadis Camara bears direct responsibility for the September 28 killings by security forces of more than 150 pro-democracy marchers, according to leaked U.N. findings on Monday.

Brittany Murphy was very ill before she died: report

American actress Brittany Murphy who died yesterday at age 32, was reportedly very ill and had been experiencing flu-like symptoms for several days before she suffered a cardiac arrest, celebrities blogging site TMZ.com reports citing anonymous sources.

ManTech to buy Sensor Technologies for $242 mln

ManTech International Corp (MANT.O) said it agreed to buy privately held Sensor Technologies Inc for $242 million in cash to expand its presence in the high-end defense and intelligence market.

Athersys inks deal with Pfizer on stem-cell therapy

Athersys Inc (ATHX.O) said it sold the rights of its stem-cell therapy to treat inflammatory bowel disease to Pfizer Inc (PFE.N), the world's biggest drugmaker, and shares of Athersys more than tripled in early morning trade.

Chicago Fed's economic index rises a tad in Nov

The Fed Reserve Bank of Chicago said on Monday its gauge of the national economy rose but still remained stuck in negative territory in November, suggesting a resumption of below-average U.S. growth.

Telecom Egypt to seek mobile service - report

Egypt's fixed-line monopoly Telecom Egypt (ETEL.CA) (ETELq.L) will need to provide mobile services to compensate for declining landline subscriptions, a company executive was quoted on Monday as saying.

Health sector leads Wall Street higher

Stocks rose on Monday after health-care overhaul passed a crucial test in the Senate and as aluminum producer Alcoa announced an overseas deal and a brokerage upgraded its stock.

ConAgra profit beats Street

ConAgra Foods Inc's quarterly profit topped expectations on Monday as increased marketing and product improvements boosted results from consumer foods, and the company raised its full-year outlook.

Google Starts Holiday Season Doodles

Google has released their newest Google Doodle just in time for Christmas. The search engine giant has replaced its otherwise simple and famous Google logo, with a Happy Holidays logo with a simple tropical theme and a Christmas light adorned palm tree.

Clueless star Brittany Murphy dead at 32

U.S. actress Brittany Murphy, who co-starred in such films as Clueless and Girl, Interrupted but saw her career wane in recent years, died in Los Angeles on Sunday after suffering cardiac arrest in her bathroom, officials said. She was 32.

Pot shops could ease California's fiscal jam

With California teetering perpetually on the edge of financial ruin, marijuana activists have seized the moment, claiming that legalizing and taxing pot could help bail out the cash-strapped Golden State.

Avatar leads box office, despite blizzard

Titanic director James Cameron's Avatar, a 3-D extravaganza hyped as a giant leap in cinematic prowess, ruled the worldwide box office during its first weekend even as North American sales were hit by an enormous snow storm, its distributor said on Sunday.

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