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Brokerage UBS lifted price targets for companies in the sector on its view that new medications and potential merger and acquisition activity will boost earnings
Treasury bond yields and the dollar jump amid fresh signs of US manufacturing strength, although equity markets struggle while gold and oil slide
International Capital Market Association cites a plan that it says should avoid a repeat of meltdown between Argentina and its holdout creditors
The jump comes as US jet fuel consumption rebounds to volumes last recorded before the financial crisis and approaches pre 9/11 demand levels
Japan issues stronger than expected economic data including a 2.6% lift in earnings in July from the year before – the biggest monthly rise since 1997
With registered headquarters located in Scotland, a ‘yes’ vote would create complex legal issues and additional costs for both Lloyds and RBS, warns Credit Suisse
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