Black Every Day?

Of course. For decades the Greeks and their government have been spending a multiple of what they could pay. The money necessary for this spending was financed by loans. And now they have to cut back hugely. Not just learn to live with what they earn, like normal people do, but even with less because they should payback for their irresponsable spending from the last decades. The Greeks and only they are responsable for what happened. But they try to put the blame in everybody except on themselves, like real Greeks always do. It was not me, it was somebody else! :(

Google: Germany's conditional surrender - FT.com
 
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Celgene announced on Tuesday that it will acquire biopharmaceutical company Receptos for $232 per share in cash, for a total of about $7.2 billion net cash acquired.


NEWS after hours that Another huge buyout in the biotech sector... seems today these companies are willing to pay top dollar for their competitors and are grossly, grossly, grossly over paying to buy each and every one of them out.....this sector is in a bubble....

$7.3 BILLION TO BUY them out, last year at this time the company had a market value of just about a billion dollars.....in one year their market cap grew from $1 Billion to over $7 billion...I have no idea how this company can have a valuation of $7 BILLION based on their quarterly earnings reports especially the last one

From March 2015

The San Diego, California-based company posted a quarterly loss of $38.2 million, or $1.32 per share, versus a year-ago loss of $15.2 million, or $0.86 per share. The latest quarter net loss included $3.4 million in stock-based compensation expense, versus $1.3 million in the year-ago quarter. Analysts were expecting the company to post a loss of $1.19 per share.

Its total revenue came in at $0 in the quarter, versus $773,000 in the year-ago period. Total revenue for 2014 climbed to $5.9 million, from $4.6 million in 2013.

Total operating expenses rose to $37.2 million from $15.9 million.

Research and development expenses increased to $32.0 million from $12.6 million in the year-ago quarter, while general and administrative expenses rose to $5.2 million from $3.2 million.



Read more: http://www.benzinga.com/news/earnin...te-receptos-posts-wider-q4-loss#ixzz3fu956Kj3



Celgene announced on Tuesday that it will acquire biopharmaceutical company Receptos for $232 per share in cash, for a total of about $7.2 billion net cash acquired.
 
Greece latest: Violent protests erupt in Athens

http://www.cnbc.com/2015/07/15/crunch-time-in-greece-as-tsipras-seeks-crucial-vote.html

The markets are hanging on by their fingernails. Probably because no amount of complaining can overturn the EU/Greece agreement. BUT if it could, it would be limit down SIFs (~ESU5 1996 with first trigger. Approx 800 to 1000 DOW points), with the EURUSD going to 1.05 and eventually below par.

As it is, this debacle has sent tremors through the EU foundation. Markets simply continue to stick their head in the ground.
 
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This is the reality. Greece accusing Germany for all the problems and for their behavour. But Germany ( and the rest of Europe) saves Greece with money the Greeks will never pay back. Every person with basic knowledge of economics knows this.
What the Greeks do is comparable to a man starving from death who receives food and then attacks the people who help him by giving food. And even accussing them of trying to kill him. Hallucinant.
This proofs again how socialists see solidarity: spending others people money.

http://panteres.com/2015/07/16/greece-economist-clemens-fuest-proposes-higher-soli/
 
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