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Futures edge up as investors await earnings onslaught

By Ryan Vlastelica NEW YORK (Reuters) - U.S. stock index futures were very slightly higher on Monday as investors found few reasons to keep buying following a strong rally last week and ahead of a heavy week of corporate earnings releases. The S&P 500 <.SPX> had its best week since July last week, boosted by strong results from such names as General Electric Co and Morgan Stanley . However, thus far the earnings season has been mixed, with technology names like Google Inc and IBM struggling to impress investors. Hasbro Inc reported adjusted first-quarter earnings that topped forecasts, though revenue was below expectations.  More »

AstraZeneca cancer pipeline seen as draw for Pfizer

By Ben Hirschler LONDON (Reuters) - Pfizer may come back to bid for British drug company AstraZeneca after its reported 60 billion pound ($101 billion) takeover approach was rejected, since a deal could make sense for the U.S. pharmaceuticals giant as it seeks to build up its cancer franchise. In addition to adding promising - though still risky - experimental medicines known as immunotherapies that boost the body's immune system to fight tumors, acquiring AstraZeneca could also generate significant cost savings, according to industry analysts. As a result, a deal at around a 25 percent premium to the current share price funded by cash, cheap debt and some stock could boost Pfizer earnings immediately, they believe. Both companies have declined to comment on a report in the Sunday Times, which cited senior investment bankers and industry sources saying that Pfizer approached the British pharmaceuticals group about a deal.  More »

New York Attorney General to subpoena Airbnb on sublets: NY Post

(Reuters) - New York Attorney General Eric Schneiderman is set to subpoena online home-rental marketplace Airbnb seeking records to identify users who are illegally renting out apartments, the New York Post reported citing sources. Nearly two-thirds of New York city apartments recently listed on Airbnb were illegal sublets, according to an affidavit from the state Attorney General's office, the newspaper said. The affidavit, which is expected to be filed in court on Monday by the AG's office, shows 64 percent of Airbnb's 19,500-plus offerings for January 31 cover an "entire apartment," the NY Post said. State prosecutors issued a subpoena in October after failing to obtain the records, despite several rounds of negotiations with Airbnb lawyers.  More »

Health care site flagged in Heartbleed review

WASHINGTON (AP) — People who have accounts on the enrollment website for President Barack Obama's signature health care law are being told to change their passwords following an administration-wide review of the government's vulnerability to the confounding Heartbleed Internet security flaw.  More »

Futures edge up as investors await earnings onslaught

By Ryan Vlastelica NEW YORK (Reuters) - U.S. stock index futures were very slightly higher on Monday as investors found few reasons to keep buying following a strong rally last week and ahead of a heavy week of corporate earnings releases. The S...  More »

Sarepta to start new trials on muscle disorder drug

(Reuters) - Sarepta Therapeutics Inc said it would start new trials to revive the chance of approval for its experimental muscle disorder drug after the U.S. Food and Drug Administration advised the company to submit new safety and efficacy data. ...  More »

AstraZeneca cancer pipeline seen as draw for Pfizer

By Ben Hirschler LONDON (Reuters) - Pfizer may come back to bid for British drug company AstraZeneca after its reported 60 billion pound ($101 billion) takeover approach was rejected, since a deal could make sense for the U.S. pharmaceuticals gia...  More »

New York Attorney General to subpoena Airbnb on sublets: NY Post

(Reuters) - New York Attorney General Eric Schneiderman is set to subpoena online home-rental marketplace Airbnb seeking records to identify users who are illegally renting out apartments, the New York Post reported citing sources. Nearly two-thi...  More »

Strength training gets a makeover from yesteryear's body building

By Dorene Internicola NEW YORK (Reuters) - Strength training, traditionally favored by body builders seeking to bulk up, has become the go-to regimen for athletes, weekend warriors and exercise enthusiasts determined to slim down. Fitness expert...  More »

Saudi Arabia reports 3 more deaths from MERS virus

RIYADH, Saudi Arabia (AP) — Saudi Arabia's health ministry says three more patients who contracted a potentially fatal Middle East virus related to SARS have died amid a recent increase in infections.  More »

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