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** Danaher Corp, which develops technology for the dental, life sciences, diagnostics and environmental industries, said it expected an earnings impact of 1 cent per quarter, and that it would look to modify manufacturing locations. ** The oil and gas producer Energen Corp said higher costs associated with ancillary services and steel tariffs could push its capital expenditure toward the high end of its previously announced range. The company had estimated capital expenditure between $1.1 billion and $1.3 billion for 2018.

WASHINGTON (Reuters) - The American Medical Association, which represents U.S, physicians, urged the U.S, Justice Department on Wednesday to stop CVS Health Corp’s plan to buy 3d v8 icon cufflinks insurance provider Aetna Inc, saying the deal could result in higher prices for prescription medicines, The AMA said that the $69 billion deal, announced in December, would lead to a “substantial reduction” of competition in pharmacy benefit (PBM) services market and the Medicare Part D prescription drug plan for seniors..

The AMA said the deal would increase concentration in 10 of the 34 Medicare Part D regional markets to the point where it is presumed likely to increase market power. “CVS and Aetna .. operate as rivals in some of the same markets, raising substantial concerns,” said AMA President Barbara McAneny in a statement. McAneny said the merger would mean higher prices, less choice and stifled innovation in PBM services, health insurance and pharmacy services. CVS said in a statement that it strongly disagreed with the AMA’s assessment of the deal.

NEW DELHI (Reuters) - India’s anti-trust regulator has approved U.S, retail giant Walmart Inc’s (WMT.N) $16 billion acquisition of online marketplace Flipkart, beefing up the 3d v8 icon cufflinks competition to Amazon.com Inc (AMZN.O) in the fast growing e-commerce market, Bentonville, Arkansas-based Walmart announced in May it was acquiring about 77 percent of Flipkart for roughly $16 billion in the biggest deal for India’s e-commerce sector, which Morgan Stanley estimates will grow close to an annual $200 billion in a decade..

The Competition Commission of India (CCI) has approved the proposed acquisition of Flipkart by Walmart, the agency said in a post on Twitter on Wednesday. The acquisition of Bengaluru-headquartered Flipkart will give Walmart, which runs 21 cash-and-carry stores in India, a stronger foothold in Asia’s third-largest economy where it has struggled to expand in the last decade, partly due to restrictions around foreign investment in bricks-and-mortar retail. A local trader body, the Confederation of All India Traders (CAIT), had opposed the Walmart-Flipkart deal, saying the combination would create unfair competition and drive local convenience stores out of business.

On Wednesday, CAIT said it was disappointed by the CCI’s approval, “We will certainly move the 3d v8 icon cufflinks court against the CCI’s decision,” Praveen Khandelwal, CAIT’s secretary general told Reuters, “CAIT has called an emergency meeting of its governing council on August 19 at Nagpur, where we will finalise our strategy for a nationwide movement.”, Walmart has previously said it supports local manufacturing in India by sourcing from small and medium suppliers, farmers and businesses run by women..

LONDON (Reuters) - European shares dipped on Wednesday as poor corporate earnings in the pharmaceutical sector weighed on sentiment already soured by trade tensions, with Washington preparing tariffs on another $16 billion of Chinese goods. The pan-European STOXX 600 ended the session down 0.2 percent, with the European healthcare index .SXDP leading losers, down 1 percent. Worries over global trade and tariffs continue to pressure euro zone stocks, with the Euro Stoxx .STOXXE index down 0.6 percent so far in August.

“We are cautious on Europe, given the possible impact on growth from U.S, trade measures, especially on export dependent Germany,” Luca Paolini, chief strategist at Pictet Asset Management, said in a note, Trading updates from Danish drugmakers Novo Nordisk (NOVOb.CO) and Lundbeck (LUN.CO) disappointed investors and their shares dropped 6 percent and 14 percent respectively, 3d v8 icon cufflinks Analysts at Berenberg said Novo Nordisk’s earnings were “a fairly lackluster set of results”, while Jefferies analysts said sales of Lundbeck’s key products were shy of consensus..

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