Monday, May 1, 2017

Cardinal Health quarterly revenue rises 3.8 pct

May 1 (Reuters) - Cardinal Health Inc reported a 3.8

percent rise in quarterly revenue, helped by strength in its

pharmaceutical business even as the drug distributor faces

declining generic drug prices.

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BRIEF-Alere reports commencement of consent solicitations for notes

* Alere Inc. Announces commencement of consent solicitations

for alere inc.'s notes

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BRIEF-First Cobalt to acquire 70% interest in properties in DR Congo

* First cobalt to acquire 70% interest in 190 square

kilometres in the DR congo

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Freeport Indonesia workers hold rally at start of planned strike

TIMIKA, Indonesia, May 1 (Reuters) - Thousands of workers

from the Indonesian unit of Freeport McMoRan Inc staged

a rally near its Papua mine on Monday, a union leader said,

protesting against lay offs by the miner due to a contract

dispute with the government.

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BRIEF-General Moly Q1 loss per share $0.02

* Well positioned with financial liquidity to fund its

current business activities and working capital needs into Q2 of

2018

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BRIEF-Questerre Energy updates on Jordan project

* Questerre Energy says finding a way to commercialize this

significant oil shale project in a $50 to $70 per barrel

environment is main focus

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Nikkei hits 6-week high, tech shares jump on earnings

TOKYO, May 1 (Reuters) - Japanese stocks climbed to a

six-week high on Monday as technology shares such as Tokyo

Electron and Murata Manufacturing surged on

upbeat earnings.

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