David Low News
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The biggest shakeup in the history of Britain’s state-run health service is poised to entice Australia’s Ramsay Health Care Ltd. to pursue its largest deal.
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After the largest U.S. pension fund lost $70 billion and got embroiled in an influence- peddling scandal, new investment chief Joe Dear says the only way out of this mess is to take more risk.
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Joe Dear is giving a pep talk to more than two dozen colleagues at the California Public Employees’ Retirement System. As Dear paces before his people on this July afternoon in Sacramento, he implores them to shake off the funk of the pension fund’s recent troubles.
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Aspen Pharmacare Holdings Ltd. , Africa’s largest drugmaker, agreed to buy a unit of Sigma Pharmaceuticals Ltd. for A$900 million ($806 million) in cash to gain assets from a company that’s lost about half its value in the past year.
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Sara Ahrens pinches her thigh, pushes a half-inch needle into her skin and turns on a pump. Then she sits back to watch “Grey’s Anatomy” at her Long Beach, California, home as life-saving liquid flows into her body.
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Sonic Healthcare Ltd. fell the most in 17 years in Sydney trading after the provider of medical tests said full-year profit will be as much as a fifth less than forecast.
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Australia’s drug regulator widened an investigation into CSL Ltd.’s seasonal flu vaccine, the first to include the H1N1 pandemic strain, after the shot was linked to fevers and convulsions among children.
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The following is a list of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed. All prices are from yesterday’s close unless otherwise stated.
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