Paris | OTC Capital Partners
Saturday, September 4, 2010

GM says sales drop 25 percent, sees slower recovery

Posted by Reuters: Business News on September 1, 2010

BEIJING/PARIS (Reuters) – Asian auto sales soared in August, boosted by government incentives although U.S. economic uncertainty and slowing growth in China look set to curb demand, while in Europe car sales fell as scrapping bonuses ran out.



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Genzyme rejects Sanofi offer as long battle looms

Posted by Reuters: Business News on August 30, 2010

PARIS/BOSTON (Reuters) – Biotech company Genzyme Inc rejected an $18.5 billion buyout offer from French drugmaker Sanofi-Aventis SA on Monday, setting the stage for a protracted and potentially hostile takeover battle.



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Genzyme rejects Sanofi offer, long battle looms

Posted by Reuters: Business News on

PARIS/BOSTON (Reuters) – U.S. biotech company Genzyme Inc rejected an $18.5 billion buyout offer from French drugmaker Sanofi-Aventis SA on Monday, setting the stage for a protracted and potentially hostile takeover battle.



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Genzyme breaks silence to rebuff Sanofi

Posted by Reuters: Business News on

PARIS/BOSTON (Reuters) – U.S. biotech Genzyme broke its five-week silence to reject an $18.5 billion takeover proposal by French drugmaker Sanofi-Aventis on Monday, dismissing it as opportunistic and too low.



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Stock futures point to higher open on Wall Street

Posted by Reuters: Business News on

PARIS (Reuters) – Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.17 percent, Dow Jones futures up 0.09 percent and Nasdaq 100 futures up 0.27 percent.



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Sanofi makes $18.5 billion Genzyme offer public

Posted by Reuters: Business News on

PHILADELPHIA/PARIS (Reuters) – France’s Sanofi-Aventis on Sunday publicly disclosed its $18.5 billion, $69-per-share cash offer for Genzyme Corp in a bid to rouse shareholders after failing to engage the U.S. biotechnology company in merger talks.



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Sanofi-Aventis makes $18.5 billion offer for Genzyme

Posted by Reuters: Business News on August 29, 2010

PARIS (Reuters) – French drugmaker Sanofi-Aventis has submitted a non-binding proposal to acquire U.S. biotech company Genzyme in an all-cash deal worth about $18.5 billion, it said on Sunday.



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Stock index futures sag as world stocks sink

Posted by Reuters: Business News on August 24, 2010

PARIS (Reuters) – Stock index futures pointed to a sharply lower open on Wall Street on Tuesday as mounting economic worries hit equities worldwide, with futures for the S&P 500 down 0.8 percent, Dow Jones futures down 0.7 percent and Nasdaq 100 futures down 0.9 percent at 0900 GMT (5 a.m. EDT).



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Stock futures point to higher open on Wall Street

Posted by Reuters: Business News on August 17, 2010

PARIS (Reuters) – Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.39 percent, Dow Jones futures up 0.27 percent and Nasdaq 100 futures up 0.33 percent at 0811 GMT (4:11 a.m. EDT).



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Stock index futures up

Posted by Reuters: Business News on

PARIS (Reuters) – Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.39 percent, Dow Jones futures up 0.27 percent and Nasdaq 100 futures up 0.33 percent at 0811 GMT (4:11 a.m. EDT).



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