Glaxo drug shrinks tumors in kidney cancer study

(Reuters) - Data presented on Saturday at the American Society of
Clinical Oncology annual meeting in Chicago found improvement
in 27 percent of patients after 12 weeks on pazopanib, which
starves tumors of their blood supply.




Another 46 percent of patients had their disease stabilize
-- a very positive sign for patients with a usually hopeless cancer.


Read more at Reuters.com Government Filings News

Saudi Shares Decline to Four-Week Low, Led by Sabic, Samba: Gulf Stocks

(Bloomberg) -- Shares in Saudi Arabia fell, sending
the Tadawul All Share Index to its lowest in almost four weeks.
Saudi Basic Industries Corp., the world's biggest chemical
company by market value, and Saudi Telecom led the retreat.

The Tadawul index lost 2 percent to 7342.18 in Riyadh. The
index has lost 7.5 percent this year, the sixth worst-performer
among equity benchmarks tracked by Bloomberg worldwide. The index
lost 53 percent last year.


Read more at Bloomberg Stocks News

Saudi Shares Decline to Three-Week Low, Led by Sabic, Samba: Gulf Stocks

(Bloomberg) -- Shares in Saudi Arabia fell, sending
the Tadawul All Share Index to a three-week low. Saudi Basic
Industries Corp., the world's biggest chemical company by market
value, and bank Samba Financial Group led the retreat.

The Tadawul index lost 1.5 percent to 7377.2 at 1:09 p.m. in
Riyadh. The index has lost 6.4 percent this year, the sixth
worst-performer among equity benchmarks tracked by Bloomberg
worldwide.


Read more at Bloomberg Stocks News

European Stocks Climb on Metals Prices, Economy; Anglo American Rallies

(Bloomberg) -- European stocks climbed to the highest
since September 2000 as a rebound in metals prices buoyed mining
companies and economic reports in the U.S. suggested growth in
the world's biggest economy is picking up.

``We are still overweight on companies sensitive to economic
growth to reflect the dynamic environment around the world,''
said Thomas Steinemann, who oversees the equivalent of $33
billion as chief investment officer at Vontobel Asset Management
in Zurich, Switzerland. ``Demand for raw materials from countries
like China is here to stay.''


Read more at Bloomberg Stocks News