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Wynn makes $7.1 billion buyout play for Australian casino giant Crown

FILE PHOTO - The logo of Australian casino giant Crown Resorts Ltd adorns the hotel and casino complex in Melbourne
FILE PHOTO - The logo of Australian casino giant Crown Resorts Ltd adorns the hotel and casino complex in Melbourne, Australia, June 13, 2017. REUTERS/Jason Reed/File Picture

April 9, 2019

By Byron Kaye and Tom Westbrook

SYDNEY (Reuters) – Australian casino giant Crown Resorts said on Tuesday it had received an indicative A$10 billion ($7.1 billion) takeover offer from Las Vegas’s Wynn Resorts, sending Crown’s shares soaring as investors bet on an even higher bid.

A sale would mark an end to Crown 47-percent owner James Packer’s 12-year foray into casinos after he re-badged his father’s media empire as a gambling concern in 2007. Packer quit the Crown board last year due to mental illness.

For Wynn, the deal would give the world’s second-largest casino company a foothold in a market popular with Chinese tourists, although a recent downturn in Chinese consumer spending has constrained Crown’s revenue and share price.

“Pricewise, you’d be looking for a little bit more than this,” said James McGlew, executive director of corporate stockbroking at Perth-based Argonaut Ltd, a Crown shareholder.

“This is what appears to be the opening salvo.”

A sale along the lines proposed by Wynn would be Australia’s biggest M&A deal so far this year.

Crown shares jumped 21 percent to A$14.19, their biggest intraday gain since the company re-listed with its current name. Even so, they were still below the indicative buyout price of A$14.75 due to uncertainty about whether a deal would eventuate.

“It’s a preliminary-style bid which doesn’t yet provide an adequate premium for control, and most would expect there to be both more debate about the strategic merit and pricing,” said Angus Gluskie, managing director of White Funds Management, which also holds Crown shares.

Crown said the talks with Wynn were at a preliminary stage and no agreement on value or structure had been reached.

Wynn was proposing to buy the company half in cash, half in shares, and the current proposal had not gone to the Crown board.

A Wynn spokesman declined to comment.

A spokesman for Consolidated Press Holdings, Packer’s company which holds his Crown shares, was also not immediately available for comment.

RETREAT

The sale at the current proposed price would fetch about A$4.7 billion for Packer, who in addition to Crown quit 22 company directorships last year in a remarkable retreat for the scion of a family which had been a fixture of corporate Australia most of the 20th century.

The deal would also provide some relief for Crown shareholders, who have seen their investment go sideways since late 2016 when 18 of the company’s staff were arrested in China for breaking laws banning casino marketing.

Crown has since pulled back from its Asia expansion plans – where it had competed with Wynn in the world’s biggest gambling destination of Macau – and instead relied on high-rolling Chinese tourists at home to grow profit.

The deal would put Wynn in charge of one of Australia’s most high profile developments, a A$2.2 billion luxury casino precinct called Barangaroo on the Sydney waterfront, which Crown has pitched as its future growth engine.

Wynn has properties in the United States and Macau, but over the past year it has ramped up promotion of a resort in Japan, a market seen as the next potential goldmine to Macau and a former expansion target for Crown.

The U.S. company has seen a series of shakeups following sexual misconduct claims against former CEO Steve Wynn. The company’s largest shareholder, Elaine Wynn, who co-founded the firm with her ex-husband, is agitating for changes on the board.

(Reporting by Byron Kaye, Tom Westbrook and Paulina Duran in SYDNEY and Devika Syamnath in BENGALURU; editing by Stephen Coates)

Source: OANN

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Police: Wife and child of arrested militant die in explosion

Indonesia's national police chief says the wife and child of an arrested Islamic militant died in an explosion during a siege of their home in North Sumatra.

Dedi Prasetyo told The Associated Press on Wednesday that the woman is believed to have blown herself up hours after throwing a home-made bomb when police tried to search the house in Sibologa district.

Prasetyo said the incident was believed to have happened around 1:30 a.m.

He said: "Police are now still conducting sterilization at the crime scene and finding a safe way to evacuate bodies of the woman and her child."

Prasetyo said the arrested militant known as Husein was a member of Jemaah Anshorut Daulah, a militant network affiliated with the Islamic State group.

Source: Fox News World

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Warren Latest Presidential Candidate to Release Tax Returns

Sen. Elizabeth Warren, D-Mass, paid $230,965 in taxes after deductions on an adjusted gross income of $850,000 between her and husband, Bruce Mann, her 2018 federal tax returns reveal.

Warren released her returns on Wednesday. They were detailed in a report by ABC News.

“I’ve put out eleven years of my tax returns because no one should ever have to guess who their elected officials are working for,” Warren said. “Doing this should be law,” Warren said.

According to the documents, Warren’s income included her $176,280 Senate salary and the $402,897 her husband earned as a professor at Harvard Law School. Warren, whose latest book was published in 2017, also reported earning about $325,000 as a writer.

Warren is the latest Democratic presidential hopeful to release tax returns. Sen. Kirsten Gillibrand of New York and Washington Gov. Jay Inslee did so earlier. Sen. Bernie Sanders, I-Vt., said he will release his returns on April 15.

The release of the returns come as Democrats continue to pressure President Donald Trump to provide his, the network news reported.

Source: NewsMax Politics

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Man accused of throwing boy, 5, from Mall of America balcony charged with attempted murder

A Minnesota man accused of throwing a 5-year-old boy off a third-floor balcony at the Mall of America last week told police that he was "looking for someone to kill," prosecutors alleged in a criminal complaint filed Monday.

Emmanuel Aranda, 24, was charged Monday with first-degree attempted premeditated murder in the Friday morning incident. The boy, who fell almost 40 feet, remained in a Minneapolis hospital with head trauma and multiple broken bones.

According to court documents, the victim's mother said she, a friend, her son, and a friend's child were standing outside the Rainforest Cafe when Aranda came up very close to their group. The victim's mother said she asked Aranda if they were in his way and should move. At that point, the suspect picked up the child without warning and threw him off the balcony.

Emmanuel Aranda was arrested in connection with an incident at the Mall of America. (Bloomington Police Department via AP)

Emmanuel Aranda was arrested in connection with an incident at the Mall of America. (Bloomington Police Department via AP)

Police caught Aranda on a light rail train at the mall waiting for it to leave. They said he admitted throwing the child from the balcony and said he had come to the mall a day earlier seeking to kill someone but it did not "work out." Aranda originally said he planned to kill an adult before choosing the child instead, the complaint said.

Aranda told officers that he had been coming to the mall for several years and made repeated attempts to talk to women, but had been rejected, investigators said. The complaint added that the rejection caused him to lash out and be aggressive.

Aranda has two past convictions for assaults at the mall, both in 2015, including one in which he threw a glass of water and glass of tea at a woman who refused to buy him something. Aranda at one point was banned from the mall.

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Court records show that Aranda had been ordered to undergo psychological evaluation or treatment after the earlier mall assaults.

A GoFundMe set up for the victim, identified only as Landen, had raised close to $600,000 as of Monday afternoon. An update posted Sunday by page creator Noah Hanneman Sunday said the boy had "a peaceful sleep and is still continuing to fight his courageous battle."

The Associated Press contributed to this report.

Click for more from Fox9.com.

Source: Fox News National

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Volvo to build XC40 SUV in China as demand grows

FILE PHOTO: President and Chief Executive Officer of Volvo Hakan Samuelsson poses near the new XC40 model during official presentation in Milan
FILE PHOTO: President and Chief Executive Officer of Volvo Hakan Samuelsson poses near the new XC40 model during official presentation in Milan, Italy, September 21, 2017. REUTERS/Stefano Rellandini/File Photo

April 12, 2019

By Esha Vaish

STOCKHOLM (Reuters) – Volvo Cars has started producing its XC40 compact crossover SUV in China to bump up capacity and cater for growing demand, the Swedish carmaker said on Friday.

As the cost impact of Washington’s trade war with Beijing spreads, Volvo has been shuffling manufacturing facilities for its models. The dispute has been squeezing capacity at Volvo’s Ghent plant, the only site where the XC40 – the 2018 European Car of the Year – is currently produced.

Volvo, which is owned by China’s Geely, said that from April 8 it was also being manufactured in Luqiao, south of Shanghai.

“Demand for the XC40 has exceeded our most optimistic expectations,” Volvo CEO Hakan Samuelsson. “Building (it)… in Luqiao creates extra capacity, adds flexibility to our global manufacturing network and is a clear proofpoint of our strategy to ‘build where you sell’.”

The model has sold more than 100,000 units since its launch in late 2017.

The XC40 is based on a platform Volvo developed with Geely designed to share the costs of developing and manufacturing a competitive vehicle.

The platform, called Compact Modular Architecture, is shared by vehicles produced by sister brands Lynk & Co and Polestar, with Geely also planning to base a new Coupe SUV on it.

Automakers are going through one of their most uncertain periods, hit by trade wars, rising costs for developing electric cars and an industry downturn that has dented even the most profitable brands.

The Luqiao plant, owned by Geely and operated by Volvo, currently builds the 01 SUV sold by car subscription-focused brand Lynk & Co. Polestar, Volvo and Geely’s electric performance brand, said separately on Friday that starting next year it would also use Luqiao to produce Polestar 2, its first fully electric sedan that is intended to rival Tesla’s mass market Model 3.

Geely has forecast flat sales in 2019 due to uncertainty about domestic demand, while Volvo has said it expects margins to remain under pressure.

(Reporting by Esha Vaish in Stockholm; editing by John Stonestreet)

Source: OANN

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Date for U.S.-China trade summit not set: White House

White House Press Secretary Sanders and OMB Acting Director Vought hold press briefing at the White House in Washington
White House Press Secretary Sarah Sanders and Office of Management and Budget (OMB) Acting Director Russell Vought speak with reporters during a press briefing at the White House in Washington, U.S., March 11, 2019. REUTERS/Jonathan Ernst

March 11, 2019

WASHINGTON (Reuters) – White House Press Secretary Sarah Sanders on Monday said a date for a trade summit between President Donald Trump and Chinese President Xi Jinping has not been set and negotiations are ongoing.

Asked whether they had a date yet for a summit, Sanders said: “Not yet.” She added that “we’re continuing negotiations with China.”

(Reporting by Roberta Rampton; Writing by Lisa Lambert; Editing by James Dalgleish)

Source: OANN

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Hundreds of illegal immigrants released into US amid overcrowding at detention facilities

The U.S. has started releasing hundreds of illegal immigrant detainees into the country as immigration authorities struggle to find available places to house the thousands of illegal migrants coming through the U.S.-Mexico border.

Most of the released migrants are expected to be those who crossed the border together with their families. Such migrants are given paper notices with a court date and told to stay with their other family members in the U.S.

FLORIDA BILL WOULD ALLOW ILLEGAL IMMIGRANTS TO GET DRIVER'S LICENSES

At least 250 illegal immigrants were released between Tuesday and Wednesday, the Los Angeles Times reported. Most of the releases happening near Mexico's border with Texas and more such releases are expected, the officials said.

A spokesperson for U.S. Customs and Border Protection (CBP) told reporters that the releases were being done in a bid “to mitigate risks to both officer safety and vulnerable populations under these circumstances.”

Immigration officials told the Times on Wednesday that the shortage of space for illegal migrants occurred due to an uptick in Central American families coming to the U.S. Due to the lack of space, the authorities can’t follow the protocol and process the migrants' cases while they are in detention.

SUPREME COURT HANDS TRUMP ADMINISTRATION A VICTORY IN IMMIGRATION BATTLE

The releases come in the backdrop of President Trump declaring a national emergency on the southern border in a bid to build a border wall to stop the influx of people, a measure he took after Congress gave only a fraction of the $5.7 billion he requested for a wall. Declaring a national emergency allows Trump to steer an extra $3.6 billion to the wall.

But some immigrant groups have accused the Trump administration of intentionally releasing the migrants and causing confusion and chaos at the border.

“They are doing this deliberately so they can release a ton of people at once and create chaos,” Efren Olivares, an attorney with the Texas Civil Rights Project, told the Times. “The government is trying to do this.”

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Yet an unidentified Border Patrol official dismissed speculation that this is just a political stunt. “It is a crisis,” he said. “It’s not a self-proclaimed crisis.”

Source: Fox News National

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A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

Source: OANN

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FILE PHOTO: Uber's logo is displayed on a mobile phone in London, Britain
FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo

April 26, 2019

(Reuters) – Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.

In a regulatory filing, Uber set a target price range of $44-$50 per share for its IPO. The company will sell 180 million shares in the offering, with a further 27 million sold by insiders.

In the filing, Uber also reported a net loss attributable to the company for the first quarter of 2019 of around $1 billion and revenues of roughly $3 billion.

(Reporting by Joshua Franklin; editing by Patrick Graham)

Source: OANN

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

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Source: InfoWars

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