BA says no evidence global IT outage caused by cyber attack
LONDON, May 27 British Airways said on Saturday there was no evidence that a global breakdown of its IT systems had been caused by a cyber attack.
Feb 16 Israeli drugmaker Teva Pharmaceutical Industries Ltd became the largest single stock holding for Soros Fund Management LLC, the family office of billionaire investor George Soros, in the fourth quarter, according to a Feb. 14 filing with the U.S. Securities and Exchange Commission.
Soros' holdings of Teva, the world's largest generic drugmaker, reached just over 9.3 million shares, according to the filing, which was first reported by Bloomberg News on Sunday.
That brings Soros' stake to just over $373 million, according to the SEC filing, or 4 percent of the fund's value.
Earlier this month Teva reported that fourth-quarter earnings rose 8 percent, thanks to stronger sales of specialty medicines and U.S. generic drugs.
The company earned $1.42 per share excluding one-time items, compared with $1.32 a year earlier and beating analysts' estimates of $1.40. Revenue rose 3 percent to $5.43 billion. The stock has risen 10.3 percent this year.
LONDON, May 27 British Airways said it had cancelled all flights from London's Heathrow and Gatwick airports scheduled before 1700 GMT on Saturday due to a global computer outage.
LONDON, May 27 British Airways flights in Britain were being delayed and passengers were suffering long waits at airports on Saturday because of a global system outage, the airline said.