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European shares dip as Novo Nordisk hits U.S. hurdle

February 11, 2013 14:46
* FTSEurofirst 300 down 0.7 percent * Novo Nordisk sinks on U.S. drug approval delay * JP Morgan sees opportunity in Spanish equity weakness By Toni Vorobyova LONDON, Feb 11 (Reuters) - European equities eased on Monday, pursuing the previous week's retreat from multi-month peaks and dragged down by Novo Nordisk after a regulatory set-back for a new drug.

European shares led lower by Novo Nordisk

February 11, 2013 13:00
LONDON, Feb 11 (Reuters) - European equities eased on Monday, continuing the previous week's retreat from multi-month peaks and dragged down by a sharp sell off in Novo Nordisk after its key drug suffered a regulatory approval set-back. The weakness in European equities was fairly broad with all but two sectors in the red. Energy and mining stocks were hit by falling commodity prices while continued political turbulence in Italy and Spain weighed on banks and on their national indexes.

European shares turn flat as Ahold, Sanofi gain

February 11, 2013 06:45
LONDON, Feb 11 (Reuters) - European shares briefly turned flat on Monday as a rally in Dutch retailer Ahold offset losses for pharma group Novo Nordisk. Ahold rose 4.2 percent after agreeing to sell its 60 percent stake in Swedish supermarket chain ICA for about $1.3 billion dollars, close to the high end of analysts' expectations. It was among top risers on the FTSEurofirst 300, which was flat at 1,161.63 points at 1005 GMT, recovering from earlier losses.

February 11, 2013 05:16
Novo Nordisk shares plunge 13% on FDA rejection po/yad

Denmark faces Nokia moment as Novo weighs in at $100 bln

February 1, 2013 04:30
* Novo Nordisk biggest firm by market cap in the Nordics * Shares up almost 40 pct in 2012 on strong global insulin demand * Stock exchange changing key index to cap weighting at 20 pct By Mia Shanley and Shida Chayesteh COPENHAGEN, Feb 1 (Reuters) - Denmark is facing its "Nokia moment"; drugmaker Novo Nordisk has ballooned into a $100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the 1990s tech boom.

Reuters Health News Summary

January 21, 2013 17:15
Following is a summary of current health news briefs. Flu-conomics: The next pandemic could trigger global recession 2013-01-21T194725Z_2_BRE90K0F9_RTROPTC_0_US-REUTERSMAGAZINE-DAV OS-FLU-ECONOMY.XML () - Japan tsunami stress may have brought on seizures: study 2013-01-21T020411Z_2_BRE90H1CK_RTROPTC_0_US-TSUNAMI-SEIZURES.XM L () - Breathing program may help save newborns' lives
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