28.06.2010 • News

Big Pharma Stocks Could Rally in the Next Year

Wall Street appears to be overly pessimistic about large pharmaceutical companies, and some of the stocks could rally 30% over the next year, according to a cover story in the June 28th edition of Barron's. Some of the best value lies in Merck & Co, Pfizer, Sanofi-Aventis, Novartis and Roche, according to the article in the weekly financial publication. Bristol-Myers Squibb, Eli Lilly and Astrazeneca do not look as attractive as some of their peers, the Barron's article said.

(6/28/2010)

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VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.