Gilead shares could head higher - Barron's

(Reuters) - "For the past 20 years, I have been asked every year if the
growth now will slow," Barron's quotes Chief Executive John
Martin as saying. "It hasn't and won't. I continue to see
developing value for stockholders. I continue to see a very
exciting future for this company."




Gilead, which could be a potential takeover target, is
eyeing acquisition as well as stock buybacks, Barron's
reported.


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SonoSite shares could head lower - Barron's

(Reuters) - "We believe our share of this market will grow rapidly,"
Barron's quotes Omar Ishrak, chief executive of GE's Healthcare
Clinical Systems unit, as saying.




In addition, SonoSite is embroiled in a patent dispute with
GE that, if it loses, "could be crippling to SonoSite,
considering the company's one-dimensional product line," Sean
D. Lavin, an analyst with Oppenheimer & Co., told Barron's.


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S.African metal, engineering sector set for strike

(Reuters) - About 260,000 South African workers in the metal and engineering sector are due to launch a strike on Monday over a wage dispute, unions said on Sunday.

The open-ended strike will affect more than 9,000 firms, including Bell Equipment and the Scaw Metals Group, owned by mining group Anglo American Plc, Solidarity union chief negotiator Johan Pieterse told Reuters.


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Algeria, KBR sign $2.88 bln LNG plant deal

(Reuters) - Algerian state energy firm Sonatrach signed a $2.88 billion contract with U.S. firm KBR Inc

to build a liquified natural gas (LNG) plant at eastern Skikda port, a state-owned newspaper reported on Sunday.


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M&S designer Davies set to stand down

(Reuters) - The man behind Marks & Spencer's

Per Una womenswear range, George Davies, is set to stand down from the clothes-to-food retailer later this year, The Sunday Telegraph reported.


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Companies earnings back in Asia focus

(Reuters) - Corporate earnings and outlooks from top Asian and U.S. firms in coming weeks are set to shape the trading landscape for Asian stocks, which along with global shares hit record highs in the first week of July.

Samsung Electronics, the world's top memory chip maker, Infosys Technologies Ltd., India's No. 2 software exporter, and Singapore Press Holdings, Southeast Asia's biggest newspaper publisher, are among major firms due to announce results this week.


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Bayer's blood-clot drug beats Lovenox in key study

(Reuters) - The news confirms the German drugmaker's leadership in the multibillion-dollar race to bring a new class of oral anticoagulants to market.




Results of a large Phase III trial showed only 9.6 percent of patients given rivaroxaban experienced venous thromboembolism , or blood clots, following total knee replacement against 18.9 percent of those on Sanofi-Aventis SA's Lovenox.


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